What was the gross national product in 2016?
$18,695,100 million
The GDP figure in 2016 was $18,695,100 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $489,100 million with respect to 2015.
What was the GDP at the end of 2016?
$18,565.6 billion
Current-dollar GDP increased 2.9 percent, or $529.0 billion, in 2016 to a level of $18,565.6 billion, compared with an increase of 3.7 percent, or $643.5 billion, in 2015 (table 1 and table 3).
How much is the Gross National Product?
Gross National Product in the United States averaged 9288.85 USD Billion from 1950 until 2021, reaching an all time high of 19707.31 USD Billion in the third quarter of 2021 and a record low of 2199.23 USD Billion in the first quarter of 1950.
What is the gross national product for 2021?
Gross National Product (GNP) Download
| Q3 2021: | 23,470.015 |
|---|---|
| Q2 2021: | 22,971.357 |
| Q1 2021: | 22,273.060 |
| Q4 2020: | 21,728.223 |
| Q3 2020: | 21,365.412 |
What is the GNP of the US 2021?
Which is better GDP or GNP?
Economists and investors are more concerned with GDP than with GNP because it provides a more accurate picture of a nation’s total economic activity regardless of country-of-origin, and thus offers a better indicator of an economy’s overall health.
What is the gross national product of the United States?
Gross National Product in the United States averaged 9288.85 USD Billion from 1950 until 2021, reaching an all time high of 19707.31 USD Billion in the third quarter of 2021 and a record low of 2199.23 USD Billion in the first quarter of 1950.
What is the gross domestic product of the United States 2019?
GDP in the United States increased to 21433.20 USD Billion in 2019 from 20580.20 USD Billion in 2018. source: World Bank 10Y 25Y 50Y
What was the gross national product in the first quarter 2020?
Gross National Product in the United States decreased to 19212.08 USD Billion in the first quarter of 2020 from 19515.46 USD Billion in the fourth quarter of 2019.
What was the real GDP rate in Q4 2016?
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter of 2016 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the third quarter of 2016, real GDP increased 3.5 percent.