In 2025, the U.S. leads in real GDP with $23.83 trillion, approximately 23% lower than its nominal GDP of $30 trillion. Since 2024, its real GDP has grown modestly by 2.02%, up from $23.36 trillion.
Growth in GDP per capita often corresponds to an increase in individual income and consumption. This implies that, on average, people in the country are better off than they were the previous year.
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The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump's tariffs and a slowdown in consumer spending.