
USA: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 1.19 percent as of Q3 2023, an increase compared to the previous value of 0.51 percent. Historically, the average for the USA from Q1 1960 to Q3 2023 is 0.74 percent. The minimum of -7.89 percent was recorded in Q2 2020, while the maximum of 7.76 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Organization for Economic Cooperation and Development (OECD)
Recent values | USA: Economic growth, quarterly |
---|---|
2023  Q3 | 1.19 |
2023  Q2 | 0.51 |
2023  Q1 | 0.56 |
2022  Q4 | 0.64 |
2022  Q3 | 0.66 |
2022  Q2 | -0.14 |
2022  Q1 | -0.5 |
2021  Q4 | 1.7 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | 2.89 | 2023 | percent |
GDP, constant dollars | 21,776.3 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 27,720.71 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 81,695.19 | 2023 | U.S. dollars |
GDP per capita, PPP | 74,578 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 65,020.35 | 2023 | U.S. dollars |
Productivity, relative to the U.S. | 100.00 | 2022 | index points |
Productivity, current USD | 97.7 | 2023 | USD per hour worked |
Economic growth, quarterly | 2.50 | Q4/2024 | percent |
Economic growth Q-on-Q | 1.19 | Q3/2023 | percent |
Gross Domestic Product (GDP) | 7,425.15 | Q4/2024 | billion |