Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year, expressed in base-year prices, and is often referred to as "constant-price," "inflation-corrected" GDP or "constant dollar GDP."
What was the GDP in 2016?
Current-dollar GDP increased 3.0 percent, or $532.5 billion, in 2016 to a level of $18,569.1 billion, compared with an increase of 3.7 percent, or $643.5 billion, in 2015 (table 1 and table 3). Real GDI increased 1.6 percent in 2016, compared with an increase of 2.5 percent in 2015 (table 1).
What is the GDP per capita of the US 2017?
The GDP per Capita in the United States is equivalent to 413 percent of the world's average. GDP per capita in the United States averaged 34922.23 USD from 1960 until 2016, reaching an all time high of 52194.90 USD in 2016 and a record low of 17036.90 USD in 1960.