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United States

76 series · 1721–2025 · High income · North America

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1789–202530,632,290 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1791–202530,632,290 (2025)
Real GDPMillions of local currencyrGDP1789–202523,163,802 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1790–202567,970 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1789–202523,163,802 (2025)
DeflatorIndex, 2015 = 100deflator1789–2025132.2 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1790–202567,970 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1950–202524,941,862 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1950–202581.4 (2025)
Total consumption (USD)Millions of US dollarscons_USD1950–202524,941,862 (2025)
Household consumptionMillions of local currencyhcons1950–202520,838,908 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1950–202568.0 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1950–202520,838,908 (2025)
Government consumptionMillions of local currencygcons1950–20254,083,036 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1950–202513.3 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1950–20254,083,036 (2025)
Gross capital formationMillions of local currencyinv1869–20256,643,121 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1869–202521.7 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1869–20256,643,121 (2025)
Gross fixed capital formationMillions of local currencyfinv1869–20256,605,885 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1869–202521.6 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1869–20256,605,885 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1800–20253,279,525 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1800–202510.7 (2025)
Exports (USD)Millions of US dollarsexports_USD1800–20253,279,525 (2025)
ImportsMillions of local currencyimports1800–20254,234,018 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1800–202513.8 (2025)
Imports (USD)Millions of US dollarsimports_USD1800–20254,234,018 (2025)
Current accountMillions of local currencyCA1790–2025-1,111,029 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1790–2025-3.63 (2025)
USD exchange rateLocal currency per US dollarUSDfx1791–20251.00 (2025)
Real effective exchange rateIndex, 2015 = 100REER1870–2025119.2 (2025)
Current account (USD)Millions of US dollarsCA_USD1791–2025-1,111,029 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1791–202512,246,947 (2025)
General government expenditureMillions of local currencygen_govexp1800–202512,246,947 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1800–202540.0 (2025)
Central government expenditureMillions of local currencycgovexp1791–20254,591,369 (2025)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1791–202515.0 (2025)
Government revenueMillions of local currencygovrev1789–202510,243,141 (2025)
General government revenueMillions of local currencygen_govrev1800–202510,243,141 (2025)
Central government revenueMillions of local currencycgovrev1789–20255,648,198 (2025)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1800–202533.4 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1789–202518.4 (2025)
Government tax revenueMillions of local currencygovtax1789–20256,187,180 (2025)
General government tax revenueMillions of local currencygen_govtax1972–20256,187,180 (2025)
Central government tax revenueMillions of local currencycgovtax1789–20253,232,353 (2025)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP1972–202520.2 (2025)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP1789–202510.6 (2025)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1792–2025-6.82 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1800–2025-6.82 (2025)
General government deficitMillions of local currencygen_govdef1800–2025-2,090,405 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1792–2025-3.12 (2025)
Central government deficitMillions of local currencycgovdef1792–2025-955,961 (2025)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1790–2025123.9 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1800–2025123.9 (2025)
General government debtMillions of local currencygen_govdebt1800–202537,949,227 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1790–2025103.3 (2025)
Central government debtMillions of local currencycgovdebt1790–202531,637,959 (2025)
Government debtMillions of local currencygovdebt1790–202537,949,227 (2025)
Government deficitMillions of local currencygovdef1792–2025-2,090,405 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1791–202540.0 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1789–202533.4 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP1789–202520.2 (2025)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate1831–20254.17 (2025)
Long-term interest ratePercentltrate1798–20254.32 (2025)
Central bank policy ratePercentcbrate1915–20253.63 (2025)
M0 (monetary base)Millions of local currencyM01800–20255,613,500 (2025)
M1Millions of local currencyM11925–202518,767,220 (2025)
M2Millions of local currencyM21880–202521,539,300 (2025)
M3Millions of local currencyM31870–202521,962,950 (2025)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI1890–2025184.0 (2025)
Real house price indexIndex, 2015 = 100rHPI1890–2025135.5 (2025)
Consumer price indexIndex, 2015 = 100CPI1721–2025135.8 (2025)
InflationPercentinfl1721–20252.63 (2025)
PopulationMillions of peoplepop1790–2025340.8 (2025)
Unemployment ratePercentunemp1890–20254.28 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →