WEO Country Code Country Subject Descriptor Units Scale Country/Series-

specific Notes 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
2024 2025 Estimates Start After
111 United States Gross domestic product, constant prices National currency
Billions Source: National Statistics Office Latest actual data: 2024
National accounts manual used: System of National Accounts (SNA) 2008 GDP
valuation: Market prices. Real Gross Domestic Product determined by chained Fisher
quantity growth rates. Reporting in calendar year: Yes Start/end months of
reporting year: January/December Base year: 2017 Chain-weighted: Yes, from 1980
Primary domestic currency: US dollar Data last updated: 04/10/2025 14,096.025
14,230.725 14,472.700 14,877.325 15,449.775 15,987.950 16,433.150
16,762.450 16,781.500 16,349.125 16,789.775 17,052.400 17,442.775
17,812.175 18,261.700 18,799.600 19,141.675 19,612.100 20,193.925
20,715.650 20,267.575 21,494.800 22,034.850 22,671.075 23,305.000
23,730.546 2024
111 United States Gross domestic product, constant prices Percent change
Units See notes for: Gross domestic product, constant prices (National
currency). 4.078 0.956 1.700 2.796 3.848 3.483 2.785 2.004 0.114 -2.576 2.695
1.564 2.289 2.118 2.524 2.946 1.820 2.458 2.967 2.584 -2.163 6.055 2.512
2.887 2.796 1.826 2024
111 United States Gross domestic product, current prices National currency
Billions Source: National Statistics Office Latest actual data: 2024
National accounts manual used: System of National Accounts (SNA) 2008 GDP
valuation: Market prices. Real Gross Domestic Product determined by chained Fisher
quantity growth rates. Reporting in calendar year: Yes Start/end months of
reporting year: January/December Base year: 2017 Chain-weighted: Yes, from 1980
Primary domestic currency: US dollar Data last updated: 04/10/2025 10,250.950
10,581.925 10,929.100 11,456.450 12,217.175 13,039.200 13,815.600
14,474.250 14,769.850 14,478.050 15,048.975 15,599.725 16,253.950
16,880.675 17,608.125 18,295.000 18,804.900 19,612.100 20,656.525
21,539.975 21,354.125 23,681.175 26,006.900 27,720.725 29,184.900
30,507.217 2024
111 United States Gross domestic product, current prices U.S. dollars
Billions See notes for: Gross domestic product, current prices (National
currency). 10,250.950 10,581.925 10,929.100 11,456.450 12,217.175 13,039.200
13,815.600 14,474.250 14,769.850 14,478.050 15,048.975 15,599.725
16,253.950 16,880.675 17,608.125 18,295.000 18,804.900 19,612.100
20,656.525 21,539.975 21,354.125 23,681.175 26,006.900 27,720.725
29,184.900 30,507.217 2024
111 United States Gross domestic product, current prices Purchasing power
parity; international dollars Billions See notes for: Gross domestic product,
current prices (National currency). 10,250.950 10,581.925 10,929.100 11,456.450
12,217.175 13,039.200 13,815.600 14,474.250 14,769.850 14,478.050
15,048.975 15,599.725 16,253.950 16,880.675 17,608.125 18,295.000
18,804.900 19,612.100 20,656.525 21,539.975 21,354.125 23,681.175
26,006.900 27,720.725 29,184.900 30,507.217 2024
111 United States Gross domestic product, deflator Index Units See notes
for: Gross domestic product, constant prices (National currency) Gross domestic
product, current prices (National currency). 72.722 74.360 75.515
77.006 79.077 81.556 84.072 86.349 88.013 88.556
89.632 91.481 93.184 94.770 96.421 97.316 98.241
100.000 102.291 103.979 105.361 110.172 118.026
122.274 125.230 128.557 2024
111 United States Gross domestic product per capita, constant prices
National currency Units See notes for: Gross domestic product, constant
prices (National currency) Population (Persons). 49,933.507 49,894.568
50,249.116 51,171.721 52,659.769 53,992.383 54,973.253 55,522.604
55,072.231 53,189.724 54,206.538 54,664.954 55,520.799 56,308.602
 57,315.088 58,579.252 59,221.632 60,292.978 61,750.700 63,052.318
61,174.636 64,655.073 65,918.742 67,270.408 68,523.544 69,311.964 2024
111 United States Gross domestic product per capita, constant prices
Purchasing power parity; 2021 international dollar Units See notes for:
Gross domestic product, constant prices (National currency) Population (Persons).
55,012.566 54,969.667 55,360.278 56,376.727 58,016.134 59,484.297
60,564.938 61,170.167 60,673.983 58,599.995 59,720.235 60,225.280
61,168.178 62,036.113 63,144.976 64,537.726 65,245.446 66,425.767
68,031.763 69,465.777 67,397.104 71,231.559 72,623.763 74,112.916
75,493.516 76,362.132 2024
111 United States Gross domestic product per capita, current prices
National currency Units See notes for: Gross domestic product, current
prices (National currency) Population (Persons). 36,312.782 37,101.453
37,945.761 39,405.354 41,641.617 44,034.256 46,216.853 47,943.353
48,470.553 47,102.428 48,586.288 50,008.108 51,736.738 53,363.904
55,263.817 57,006.926 58,179.697 60,292.978 63,165.278 65,561.320
64,454.224 71,231.559 77,801.397 82,253.907 85,812.176 89,105.202 2024
111 United States Gross domestic product per capita, current prices U.S.
dollars Units See notes for: Gross domestic product, current prices (National
currency) Population (Persons). 36,312.782 37,101.453 37,945.761 39,405.354
41,641.617 44,034.256 46,216.853 47,943.353 48,470.553 47,102.428
48,586.288 50,008.108 51,736.738 53,363.904 55,263.817 57,006.926
58,179.697 60,292.978 63,165.278 65,561.320 64,454.224 71,231.559
77,801.397 82,253.907 85,812.176 89,105.202 2024
111 United States Gross domestic product per capita, current prices
Purchasing power parity; international dollars Units See notes for: Gross
domestic product, current prices (National currency) Population (Persons).
36,312.782 37,101.453 37,945.761 39,405.354 41,641.617 44,034.256
46,216.853 47,943.353 48,470.553 47,102.428 48,586.288 50,008.108
51,736.738 53,363.904 55,263.817 57,006.926 58,179.697 60,292.978
63,165.278 65,561.320 64,454.224 71,231.559 77,801.397 82,253.907
85,812.176 89,105.202 2024
111 United States Output gap in percent of potential GDP Percent of
potential GDP Units See notes for: Gross domestic product, constant prices
(National currency). 3.341 1.147 -0.147 -0.318 0.625 1.450 1.919 1.992
0.582 -3.250 -2.147 -2.195 -1.683 -1.458 -0.956
-0.112 -0.346 -0.020 0.739 1.155 -3.035 0.268 0.300 0.697
1.024 0.509 2024
111 United States Gross domestic product based on purchasing-power-parity
(PPP) share of world total Percent Units See notes for: Gross domestic
product, current prices (National currency). 20.476 20.178 19.975
19.810 19.567 19.356 18.917 18.344 17.865 17.519
17.117 16.754 16.608 16.420 16.272 16.212 16.002
15.800 15.642 15.400 15.299 15.163 15.013 14.938
14.881 14.746 2024
111 United States Implied PPP conversion rate National currency per current
international dollar Units See notes for: Gross domestic product, current
prices (National currency). 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000
1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000
1.000 1.000 1.000 1.000 2024
111 United States Total investment Percent of GDP Units Source: National
Statistics Office Latest actual data: 2024 National accounts manual used: System of
National Accounts (SNA) 2008 GDP valuation: Market prices. Real Gross Domestic
Product determined by chained Fisher quantity growth rates. Reporting in calendar
year: Yes Start/end months of reporting year: January/December Base year: 2017
Chain-weighted: Yes, from 1980 Primary domestic currency: US dollar Data last
updated: 04/10/2025 23.678 22.177 21.723 21.746 22.652
23.376 23.538 22.557 21.037 17.769 18.672 19.034
19.951 20.379 20.901 21.415 20.888 21.156 21.569
 21.670 21.419 21.333 21.950 21.541 21.744 21.484
2024
111 United States Gross national savings Percent of GDP Units Source:
National Statistics Office Latest actual data: 2024 National accounts manual used:
System of National Accounts (SNA) 2008 GDP valuation: Market prices. Real Gross
Domestic Product determined by chained Fisher quantity growth rates. Reporting in
calendar year: Yes Start/end months of reporting year: January/December Base year:
2017 Chain-weighted: Yes, from 1980 Primary domestic currency: US dollar Data last
updated: 04/10/2025 20.741 19.581 18.303 17.351 17.662
18.052 19.126 17.354 14.975 13.798 15.288 16.238
18.288 18.475 19.571 19.611 18.472 18.882 19.126
19.329 18.232 17.613 18.315 17.355 17.316 17.755
2024
111 United States Inflation, average consumer prices Index Units Source:
National Statistics Office Latest actual data: 2024 Harmonized prices: No Base
year: Base is 1982-1984=100 Primary domestic currency: US dollar Data last updated:
04/10/2025 172.192 177.042 179.867 184.000 188.908 195.267
201.558 207.344 215.254 214.565 218.076 224.923
229.586 232.952 236.715 237.002 240.005 245.121
251.100 255.653 258.856 270.968 292.625 304.704
313.698 323.070 2024
111 United States Inflation, average consumer prices Percent change Units
See notes for: Inflation, average consumer prices (Index).3.367 2.817 1.596
2.298 2.668 3.366 3.222 2.871 3.815 -0.320 1.637 3.140 2.073 1.466 1.615
0.121 1.267 2.131 2.439 1.813 1.253 4.679 7.993 4.128 2.952 2.988 2024
111 United States Inflation, end of period consumer prices Index Units
Source: National Statistics Office Latest actual data: 2024 Harmonized
prices: No Base year: Base is 1982-1984=100 Primary domestic currency: US dollar
Data last updated: 04/10/2025 175.067 177.783 182.433 185.917
191.883 198.950 203.325 211.630 213.113 217.202
220.871 227.687 231.834 234.892 236.122 237.763
242.987 248.280 253.048 258.353 262.389 281.782
299.845 309.566 318.021 327.187 2024
111 United States Inflation, end of period consumer prices Percent change
Units See notes for: Inflation, end of period consumer prices (Index).
3.427 1.552 2.616 1.909 3.209 3.683 2.199 4.084 0.701 1.919 1.689 3.086 1.822
1.319 0.524 0.695 2.197 2.178 1.921 2.096 1.562 7.391 6.410 3.242 2.731 2.882
2024
111 United States Volume of imports of goods and services Percent change
Units Source: National Statistics Office Latest actual data: 2024 Base year:
2017 Methodology used to derive volumes: Trade volumes are taken from corresponding
components of the national income and product accounts. Formula used to derive
volumes: Fisher Chain-weighted: Yes, from 1980 Trade System: General trade Excluded
items in trade: Excluded items include: US trade with US possessions; merchandise
shipped in transit through the US from one foreign country to another; other items
mainly related to government activities (shipments of furniture, equipment,
supplies to US government agen Oil coverage: Primary or unrefined products;
Secondary or refined products; Other. Oil imports is petroleum and product imports
and oil exports is petroleum and product exports as published in the national
income and product accounts Valuation of exports: Other Valuation of imports: Other
Primary domestic currency: US dollar Data last updated: 04/10/2025 13.000
-2.462 3.669 5.123 10.984 6.490 6.419 2.566 -2.148 -12.627
12.968 4.816 2.449 1.212 5.160 5.191 1.458 4.710 4.038 1.176 -8.979
14.671 8.593 -1.172 5.304 2.643 2024
111 United States Volume of Imports of goods Percent change Units
Source: National Statistics Office Latest actual data: 2024 Base year: 2017
Methodology used to derive volumes: Trade volumes are taken from corresponding
components of the national income and product accounts. Formula used to derive
volumes: Fisher Chain-weighted: Yes, from 1980 Trade System: General trade Excluded
items in trade: Excluded items include: US trade with US possessions; merchandise
shipped in transit through the US from one foreign country to another; other items
mainly related to government activities (shipments of furniture, equipment,
supplies to US government agen Oil coverage: Primary or unrefined products;
Secondary or refined products; Other. Oil imports is petroleum and product imports
and oil exports is petroleum and product exports as published in the national
income and product accounts Valuation of exports: Other Valuation of imports: Other
Primary domestic currency: US dollar Data last updated: 04/10/2025 13.062
-3.276 3.718 6.097 11.212 7.024 6.075 1.930 -3.271 -15.471
15.376 5.515 2.652 2.008 5.565 5.787 1.107 4.476 5.133 0.533 -5.875
14.467 6.731 -1.814 4.790 2.172 2024
111 United States Volume of exports of goods and services Percent change
Units Source: National Statistics Office Latest actual data: 2024 Base year:
2017 Methodology used to derive volumes: Trade volumes are taken from corresponding
components of the national income and product accounts. Formula used to derive
volumes: Fisher Chain-weighted: Yes, from 1980 Trade System: General trade Excluded
items in trade: Excluded items include: US trade with US possessions; merchandise
shipped in transit through the US from one foreign country to another; other items
mainly related to government activities (shipments of furniture, equipment,
supplies to US government agen Oil coverage: Primary or unrefined products;
Secondary or refined products; Other. Oil imports is petroleum and product imports
and oil exports is petroleum and product exports as published in the national
income and product accounts Valuation of exports: Other Valuation of imports: Other
Primary domestic currency: US dollar Data last updated: 04/10/2025 8.312 -5.580
-1.954 2.105 9.644 6.945 9.478 8.762 5.789 -8.311 12.647 7.178
4.019 3.010 3.902 0.320 0.474 4.115 2.854 0.533 -13.127 6.477 7.513 2.764
3.273 1.890 2024
111 United States Volume of exports of goods Percent change Units
Source: National Statistics Office Latest actual data: 2024 Base year: 2017
Methodology used to derive volumes: Trade volumes are taken from corresponding
components of the national income and product accounts. Formula used to derive
volumes: Fisher Chain-weighted: Yes, from 1980 Trade System: General trade Excluded
items in trade: Excluded items include: US trade with US possessions; merchandise
shipped in transit through the US from one foreign country to another; other items
mainly related to government activities (shipments of furniture, equipment,
supplies to US government agen Oil coverage: Primary or unrefined products;
Secondary or refined products; Other. Oil imports is petroleum and product imports
and oil exports is petroleum and product exports as published in the national
income and product accounts Valuation of exports: Other Valuation of imports: Other
Primary domestic currency: US dollar Data last updated: 04/10/2025 9.809 -6.430
-3.455 2.894 8.992 7.618 10.062 6.996 5.871 -11.862 15.182
7.469 3.954 2.932 4.472 -0.334 0.647 4.136 4.233 0.172 -10.052 7.697
5.913 2.259 2.200 1.117 2024
111 United States Unemployment rate Percent of total labor force Units
Source: National Statistics Office Latest actual data: 2024 Employment type:
National definition Primary domestic currency: US dollar Data last updated:
04/10/2025 3.967 4.742 5.783 5.992 5.542 5.083 4.608 4.617 5.800 9.283 9.608 8.933
8.075 7.358 6.158 5.275 4.875 4.358 3.892 3.675 8.100 5.358 3.642 3.633 4.033
4.159 2024
111 United States Employment Persons Millions Source: National
Statistics Office Latest actual data: 2024 Employment type: National definition
Primary domestic currency: US dollar Data last updated: 04/10/2025 136.901
136.939 136.481 137.729 139.240 141.710 144.418
146.050 145.373 139.894 139.077 139.885 142.475
143.941 146.319 148.845 151.436 153.335 155.763
157.537 147.813 152.584 158.295 161.041 162.443
163.796 2024
111 United States Population Persons Millions Source: National
Statistics Office Latest actual data: 2024 Primary domestic currency: US dollar
Data last updated: 04/10/2025 282.296 285.216 288.019 290.733
293.389 296.115 298.930 301.903 304.718 307.374
309.737 311.944 314.167 316.331 318.619 320.926
323.221 325.280 327.023 328.547 331.307 332.453
334.273 337.014 340.102 342.373 2024
111 United States General government revenue National currency Billions
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue,
expenditure, and net lending); Flow of Funds (debt) Latest actual data: 2024 Notes:
Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs
Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital
transfer to the government in the GFS, was removed from government revenue. Staff's
baseline Fiscal assumptions: Fiscal projections are based on the January 2025
Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a 3,413.430 3,265.289 3,352.897 3,601.074
4,022.974 4,373.418 4,580.913 4,509.472 4,085.971 4,329.605
4,536.464 4,731.356 5,270.418 5,510.979 5,763.188 5,825.138
5,962.055 6,199.948 6,464.911 6,541.063 7,537.009 8,616.158
8,302.199 8,852.110 9,576.032 2024
111 United States General government revenue Percent of GDP Units See
notes for: General government revenue (National currency).n/a 32.257 29.877
29.266 29.476 30.853 31.656 31.649 30.532 28.222
28.770 29.080 29.109 31.222 31.298 31.501 30.977
30.400 30.014 30.014 30.631 31.827 33.130 29.949
30.331 31.389 2024
111 United States General government total expenditure National currency
Billions Source: BEA and IMF's Government Finance Statistics Yearbook
(revenue, expenditure, and net lending); Flow of Funds (debt) Latest actual data:
2024 Notes: Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts
and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as
capital transfer to the government in the GFS, was removed from government revenue.
Staff's baseline Fiscal assumptions: Fiscal projections are based on the January
2025 Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a 3,471.021 3,682.918 3,899.438 4,119.540
4,423.929 4,654.711 5,002.549 5,486.125 5,993.718 5,983.868
6,052.056 6,050.164 6,040.297 6,219.883 6,408.912 6,644.348
6,902.297 7,301.946 7,715.392 9,562.061 10,234.435 9,578.022
10,287.941 10,971.430 11,546.391 2024
111 United States General government total expenditure Percent of GDP
Units See notes for: General government total expenditure (National
currency). n/a 32.801 33.698 34.037 33.719 33.928 33.692
34.562 37.144 41.399 39.763 38.796 37.223 35.782
35.324 35.031 35.333 35.194 35.349 35.819 44.779
43.218 36.829 37.113 37.593 37.848 2024
111 United States General government net lending/borrowing National currency
Billions Source: BEA and IMF's Government Finance Statistics Yearbook
(revenue, expenditure, and net lending); Flow of Funds (debt) Latest actual data:
2024 Notes: Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts
and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as
capital transfer to the government in the GFS, was removed from government revenue.
Staff's baseline Fiscal assumptions: Fiscal projections are based on the January
2025 Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a -57.591 -417.629 -546.541 -518.466
-400.955 -281.293 -421.636 -976.653 -1,907.747 -1,654.263 -
1,515.592 -1,318.808 -769.879 -708.904 -645.724 -819.210 -940.242
-1,101.998 -1,250.481 -3,020.998 -2,697.426 -961.864 -1,985.742 -
2,119.319 -1,970.359 2024
111 United States General government net lending/borrowing Percent of GDP
Units See notes for: General government net lending/borrowing (National
currency). n/a -0.544 -3.821 -4.771 -4.244 -3.075 -2.036
-2.913 -6.612 -13.177 -10.993 -9.716 -8.114 -4.561
-4.026 -3.530 -4.356 -4.794 -5.335 -5.805 -
14.147 -11.391 -3.698 -7.163 -7.262 -6.459 2024
111 United States General government structural balance National currency
Billions Source: BEA and IMF's Government Finance Statistics Yearbook
(revenue, expenditure, and net lending); Flow of Funds (debt) Latest actual data:
2024 Notes: Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts
and Jobs Act), estimated at $250 billion, which accrued at end-2017 and recorded as
capital transfer to the government in the GFS, was removed from government revenue.
Staff's baseline Fiscal assumptions: Fiscal projections are based on the January
2025 Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a -153.191 -396.450 -518.033 -534.883
-446.784 -394.264 -572.543 -911.896 -1,244.624 -1,562.007 -
1,374.080 -1,095.240 -788.014 -683.916 -641.682 -810.773 -948.626
-1,111.590 -1,324.091 -2,348.370 -2,507.427 -1,570.877 -1,991.106 -
2,215.878 -2,025.240 2024
111 United States General government structural balance Percent of
potential GDP Units See notes for: General government structural balance
(National currency). n/a -1.464 -3.622 -4.508 -4.406 -3.476
-2.909 -4.035 -6.210 -8.317 -10.157 -8.615 -6.625
-4.600 -3.847 -3.504 -4.297 -4.836 -5.421 -6.218
-10.665 -10.619 -6.059 -7.233 -7.671 -6.673 2024
111 United States General government primary net lending/borrowing
National currency Billions Source: BEA and IMF's Government Finance
Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt)
Latest actual data: 2024 Notes: Repatriation tax on foreign earnings (a provision
of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which accrued at
end-2017 and recorded as capital transfer to the government in the GFS, was removed
from government revenue. Staff's baseline Fiscal assumptions: Fiscal projections
are based on the January 2025 Congressional Budget Office baseline, adjusted for
the IMF staff's policy and macroeconomic assumptions. Projections incorporate the
effects of the Fiscal Responsibility Act. Reporting in calendar year: Yes. Original
Federal Government data are in Fiscal year, all else in calendar year. Start/end
months of reporting year: January/December GFS Manual used: Government Finance
Statistics Manual (GFSM) 2014 Basis of recording: Accrual General government
includes: Central Government; State Government; Local Government Valuation of
public debt: Nominal value Instruments included in gross and net debt: Currency and
Deposits; Financial Derivatives; Insurance Technical Reserves Primary domestic
currency: US dollar Data last updated: 04/10/2025 n/a 187.113 -187.662
-322.119 -287.185 -141.339 -10.206 -122.537 -677.811 -
1,634.281 -1,349.290 -1,157.388 -959.777 -436.168 -362.008 -309.638
-446.450 -545.379 -640.577 -759.837 -2,583.064 -2,158.678 -
236.525 -1,092.205 -1,040.110 -797.560 2024
111 United States General government primary net lending/borrowing
Percent of GDP Units See notes for: General government primary net
lending/borrowing (National currency). n/a 1.768 -1.717 -2.812 -2.351
-1.084 -0.074 -0.847 -4.589 -11.288 -8.966 -7.419
-5.905 -2.584 -2.056 -1.692 -2.374 -2.781 -3.101
-3.528 -12.096 -9.116 -0.909 -3.940 -3.564 -2.614
2024
111 United States General government net debt National currency Billions
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue,
expenditure, and net lending); Flow of Funds (debt) Latest actual data: 2024 Notes:
Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs
Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital
transfer to the government in the GFS, was removed from government revenue. Staff's
baseline Fiscal assumptions: Fiscal projections are based on the January 2025
Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a 3,628.930 3,993.247 4,430.003 5,768.762
5,969.742 6,106.715 6,344.465 7,389.521 8,845.006 10,171.037
11,523.625 12,646.654 13,274.826 13,956.207 14,550.847 15,132.800
15,417.892 16,396.394 17,464.275 20,420.499 22,618.216 23,829.608
26,045.498 28,174.782 29,910.366 2024
111 United States General government net debt Percent of GDP Units See
notes for: General government net debt (National currency). n/a 34.294
36.538 38.668 47.218 45.783 44.202 43.833 50.031
61.093 67.586 73.871 77.807 78.639 79.260 79.535
80.473 78.614 79.376 81.078 95.628 95.511 91.628
93.957 96.539 98.044 2024
111 United States General government gross debt National currency Billions
Source: BEA and IMF's Government Finance Statistics Yearbook (revenue,
expenditure, and net lending); Flow of Funds (debt) Latest actual data: 2024 Notes:
Repatriation tax on foreign earnings (a provision of the 2017 Tax Cuts and Jobs
Act), estimated at $250 billion, which accrued at end-2017 and recorded as capital
transfer to the government in the GFS, was removed from government revenue. Staff's
baseline Fiscal assumptions: Fiscal projections are based on the January 2025
Congressional Budget Office baseline, adjusted for the IMF staff's policy and
macroeconomic assumptions. Projections incorporate the effects of the Fiscal
Responsibility Act. Reporting in calendar year: Yes. Original Federal Government
data are in Fiscal year, all else in calendar year. Start/end months of reporting
year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM)
2014 Basis of recording: Accrual General government includes: Central Government;
State Government; Local Government Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Financial
Derivatives; Insurance Technical Reserves Primary domestic currency: US dollar Data
last updated: 04/10/2025 n/a 5,643.496 6,089.974 6,736.784 8,097.200
8,554.753 8,889.434 9,370.521 10,869.065 12,565.036 14,348.800
15,549.925 16,781.252 17,644.012 18,388.021 19,183.027 20,079.936
20,735.437 22,111.006 23,305.546 28,194.382 29,534.290 30,897.862
32,987.131 35,251.180 37,360.423 2024
111 United States General government gross debt Percent of GDP Units See
notes for: General government gross debt (National currency). n/a 53.331
55.723 58.803 66.277 65.608 64.343 64.739 73.590
86.787 95.347 99.681 103.244 104.522 104.429
104.854 106.780 105.728 107.041 108.197 132.032
124.716 118.806 118.998 120.786 122.464 2024
111 United States Gross domestic product corresponding to fiscal year,
current prices National currency Billions Source: BEA and IMF's Government
Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds
(debt) Latest actual data: 2024 Notes: Repatriation tax on foreign earnings (a
provision of the 2017 Tax Cuts and Jobs Act), estimated at $250 billion, which
accrued at end-2017 and recorded as capital transfer to the government in the GFS,
was removed from government revenue. Staff's baseline Fiscal assumptions: Fiscal
projections are based on the January 2025 Congressional Budget Office baseline,
adjusted for the IMF staff's policy and macroeconomic assumptions. Projections
incorporate the effects of the Fiscal Responsibility Act. Reporting in calendar
year: Yes. Original Federal Government data are in Fiscal year, all else in
calendar year. Start/end months of reporting year: January/December GFS Manual
used: Government Finance Statistics Manual (GFSM) 2014 Basis of recording: Accrual
General government includes: Central Government; State Government; Local Government
Valuation of public debt: Nominal value Instruments included in gross and net debt:
Currency and Deposits; Financial Derivatives; Insurance Technical Reserves Primary
domestic currency: US dollar Data last updated: 04/10/2025 10,250.950 10,581.925
10,929.100 11,456.450 12,217.175 13,039.200 13,815.600 14,474.250
14,769.850 14,478.050 15,048.975 15,599.725 16,253.950 16,880.675
17,608.125 18,295.000 18,804.900 19,612.100 20,656.525 21,539.975
21,354.125 23,681.175 26,006.900 27,720.725 29,184.900 30,507.217 2024
111 United States Current account balance U.S. dollars Billions
Source: National Statistics Office Latest actual data: 2023 BOP Manual used:
Balance of Payments and International Investment Position Manual, sixth edition
(BPM6) Primary domestic currency: US dollar Data last updated: 04/10/2025 -
401.917 -394.085 -456.106 -522.293 -635.891 -749.232 -816.647
-736.549 -696.523 -379.729 -432.010 -455.302 -418.182 -
339.517 -370.056 -408.454 -396.216 -367.615 -439.849 -441.752
-601.201 -867.980 -1,012.098 -905.376 -1,133.621 -1,137.718 2023
111 United States Current account balance Percent of GDP Units See notes
for: Gross domestic product, current prices (National currency) Current account
balance (U.S. dollars). -3.921 -3.724 -4.173 -4.559 -5.205
-5.746 -5.911 -5.089 -4.716 -2.623 -2.871 -2.919
-2.573 -2.011 -2.102 -2.233 -2.107 -1.874 -2.129
-2.051 -2.815 -3.665 -3.892 -3.266 -3.884 -3.729
2023

International Monetary Fund, World Economic Outlook Database, April 2025