Gross Domestic Product
The total market value of all goods and services produced in the United States. The current value of $31,442.5B is near the high end of its 10-year range, based on available data over the past 10 years. (Source: FRED)
Current Value
$31,442.5B
Previous
$31,442.5B
Source: FRED (GDP) | Frequency: quarterly | Last updated: April 8, 2026
What This Means for You
The Gross Domestic Product is currently at $31,442.5B. Changes in this indicator can affect related areas of the economy including consumer spending, business investment, and policy decisions. (Source: FRED)
10-Year History
Historical Context
Over the past 10 years, the Gross Domestic Product has ranged from a low of $18,892.6B in July 2016 to a high of $31,442.5B in October 2025, with an average of approximately $24,245.9B. The current value of $31,442.5B is near the high end of its 10-year range. (Source: FRED via FRED)
Related Gdp Indicators
The Gross Domestic Product is part of the gdp category. Related indicators include: GDP Growth Rate (currently 0.70%), Real GDP (currently $24,066B). Nominal GDP measures total economic output in current dollars, while real GDP adjusts for inflation, providing a clearer picture of actual growth. The GDP growth rate (annualized quarterly change) is the most commonly cited figure. GDP per capita offers perspective on whether growth is keeping pace with population. All three measures together reveal whether the economy is expanding in real terms and whether that growth is broadly shared. (Source: Bureau of Economic Analysis via FRED)
What to Watch
Economists and analysts monitor the Gross Domestic Product for trend changes that may signal shifts in economic conditions. This data is released quarterly and is subject to revision. Changes in this indicator can ripple through related areas of the economy. Historical patterns do not guarantee future outcomes. (Source: FRED)
Limitations of This Data
This data is released quarterly and reflects conditions as of the most recent reporting period. Economic data is frequently revised as more complete information becomes available; initial releases may differ significantly from final figures. This indicator measures one dimension of the economy and should be considered alongside other data for a more complete picture. (Source: FRED)
Explore Further
Data Sources
EconGrader is not an investment advisor or financial advisor. This content is for educational and informational purposes only. Economic data reflects past and present conditions and does not predict future outcomes. All data is sourced from federal government agencies and updated automatically. This site does not provide investment, tax, legal, or accounting advice.