GDP in local currency terms reached 21,433 USD bil in 2019 in USA, according to the National Statistical Office. This is 3.98 % more than in the previous year.
Historically, GDP in local currency terms in USA reached an all time high of 21,433 USD bil in 2019 and an all time low of 543 USD bil in 1960. When compared to USA's main peers, GDP in local currency terms in Canada amounted to 2,304 CAD bil, 99,493 CNY bil in China, 553,760 JPY bil in Japan and 24,238 MXN bil in Mexico in 2019.
USA has been ranked 39th within the group of 174 countries we follow in terms of GDP in local currency terms, 9 places behind the position seen 10 years ago.
GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.