International Monetary Fund gross domestic product gross world product purchasing power parity Group of Seven nominal GDP GDP (PPP) nominal GDP per capita GDP (PPP) per capita Social Progress Index largest GDP
According to the International Monetary Fund, the U.S. gross domestic product (GDP) is $25.5 trillion, the largest of any country in the world, constituting over 25% of the gross world product at market exchange rates and over 15% of the gross world product at purchasing power parity (PPP). From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the Group of Seven. The country ranks first in the world by nominal GDP, second by GDP (PPP), seventh by nominal GDP per capita, and eighth by GDP (PPP) per capita. As of 2022, the United States was ranked 25th out of 169 countries on the Social Progress Index, which measures "the extent to which countries provide for the social and environmental needs of their citizens." The U.S. has been the world's largest economy since at least 1900.
