United States

Nominal GDP

Name: Nominal GDP data for United States
Creator: World Bank
License: https://macrobymark.com/about/terms-of-use#data-providers

Nominal GDP measures total output at current market prices. It is useful for reading the size of an economy in money terms, but it also moves with inflation and exchange-rate effects.

World Bank FRED BEA

Frequencyannual · +1Transformlevel

Source: World Bank · NY.GDP.MKTP.CD:US

Stored official data

Nominal GDP - United States in United States was 28.8T on January 1, 2024, higher by 1.5T (+5.3%) from the prior observation. Charted from annual observations in current us$.

Latest$28.8T

YoY+5.35%

10Y Avg$22T

Latest observationJanuary 1, 2024

Timeframe

Value transform

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Chart appearance

TypeScale

Overlays & outputNBER bandsAuto Y

Axis & export

Min$542B

Mean$8.83T

Max$28.8T

Latest observationJanuary 1, 2024

Source evidence

Tier 1 - critical

Source note Provider health

Source

World Bank Open Data

Native key

NY.GDP.MKTP.CD:US

Freshness

Stored · 2024-01-01

History

Current only

Reuse

Attribution allowed

Research notes

83 · Acceptable

ComparabilityReal, nominal, and chain measures are not interchangeable: Use real growth for cycle analysis, nominal levels for revenue/size questions, and PPP or per-capita variants for welfare comparisons.Provider comparability note: Check provider dimensions, units, and methodological notes before using this series as a model input.Revision evidence is not a full historical vintage archive: Use this as current-value or captured-forward evidence unless the series is explicitly labelled source-native vintage.

3 notes

QualitySource authority: 100/100. Source kind is classified as official multilateral.Methodology completeness: 100/100. 100% of core provider, geography, unit, frequency, citation, and revision fields are populated.Timeliness and freshness: 90/100. 65 observations available; latest observation 2024-01-01; platform fetch 2026-06-15T04:02:21.705Z; release status none; data status liveRevision and vintage depth: 35/100. This provider currently exposes only the latest published values in Macro by Mark.

4/6 strong

CitationNominal GDP - United States (World Bank Indicators: NY.GDP.MKTP.CD, United States, retrieved Jun 15, 2026)

Retrieved Jun 15, 2026

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Series details, provenance, and revision toolsMetadata, release notes, revision history, and related series.

Series details

SourceCountry official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

CategoryEconomy & Growth

FrequencyAnnual

Unitcurrent US$

Latest observationJanuary 1, 2024

Platform last fetchJune 15, 2026

Transformslevel, yoy, index 100

About this series

GDP (current US$)

The reading right now

As of January 2024, Nominal GDP for United States stood at 28.8T. That is up 1.5T from the prior year. Over the trailing five years, the series has averaged 24.6T, ranging from a low of 21.1T in January 2020 to a high of 28.8T in January 2024. The current reading sits 6.8T above its trailing ten-year mean of 22T.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.