English only, Spanish 13.4, Chinese 1.1, other 7.3
Economic Overview
Key economic indicators for United States
GDP:
$24.977 trillion
GDP per Capita:
$74,600
GDP Growth:
2.89%
Inflation:
4.12%
Unemployment:
3.63%
Public Debt:
114.88% of GDP
Credit Rating:
AA+ (2011)
Political System
Governance structure of United States
Government Type:
constitutional federal republic
Head of State:
President Donald J. TRUMP (since 20 January 2025)
Head of Government:
President Donald J. TRUMP (since 20 January 2025)
Judiciary:
US Supreme Court (consists of 9 justices - the chief justice and 8 associate justices)
Administrative Divisions:
50 states and 1 district*; Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
UN Security Council:
Permanent member
EU Member:
No
Diplomatic Presence:
Not specified
Major Alliances and Organizations
NATOOASOECD
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
0.9% (2021 est.)
Industry
17.6% (2021 est.)
Services
76.4% (2021 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$3.072 trillion
Imports:
$3.857 trillion
Major Trading Partners
Canada 14
Mexico 13
China 8
Germany 5
Japan 4
Economic Outlook
United States has a 2.89% GDP growth rate with 4.12% inflation. The economy is characterized by a strong agriculture sector.