The Gross Domestic Product (GDP) in the United States expanded 2.20 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in the United States averaged 3.15 percent from 1948 until 2026, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -7.40 percent in the second quarter of 2020. source: U.S. Bureau of Economic Analysis

GDP Annual Growth Rate in the United States is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP Annual Growth Rate is projected to trend around 2.30 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Changes in Inventories -63.40 -34.70 USD Billion Jun 2026
Consumer Spending 16788.70 16634.20 USD Billion Jun 2026
Full Year GDP Growth 2.30 3.00 percent Dec 2025
GDP Annual Growth Rate 2.20 2.60 percent Jun 2026
GDP Constant Prices 24408.00 24274.40 USD Billion Jun 2026
GDP from Agriculture 187.50 184.80 USD Billion Jun 2026
GDP from Construction 870.00 863.10 USD Billion Jun 2026
GDP from Manufacturing 2470.60 2450.30 USD Billion Jun 2026
GDP from Mining 389.60 397.40 USD Billion Jun 2026
GDP From Government 2588.70 2588.40 USD Billion Jun 2026
GDP from Services 17905.60 17793.60 USD Billion Jun 2026
GDP from Transport 704.00 724.40 USD Billion Jun 2026
GDP from Utilities 395.70 388.20 USD Billion Jun 2026
GDP Growth Rate 2.20 2.50 percent Jun 2026
Government Spending 4086.60 4087.50 USD Billion Jun 2026
Gross Fixed Capital Formation 4645.80 4560.30 USD Billion Jun 2026
Gross National Product 24423.00 24276.00 USD Billion Jun 2026


United States GDP Annual Growth Rate
The United States is the world’s largest economy. Yet, in the last two decades, like in the case of many other developed nations, its growth rates have been decreasing. If in the 50’s and 60’s the average growth rate was above 4 percent, in the 70’s and 80’s dropped to around 3 percent. In the last ten years, the average rate has been below 2 percent and since the second quarter of 2000 has never reached the 5 percent level.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.60 13.40 -7.40 1948 - 2026 percent Quarterly