USA: Percent of world GDP

The latest value from 2023 is 26.47 percent, an increase from 25.9 percent in 2022. In comparison, the world average is 0.54 percent, based on data from 184 countries. Historically, the average for the USA from 1980 to 2023 is 26.92 percent. The minimum value, 21.24 percent, was reached in 2011 while the maximum of 35.32 percent was recorded in 1985. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The share of GDP is the GDP of a particular country as percent of the world GDP. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.