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Category | 2003 | 2013 | 2023 | 2033 | Percent distribution, 2003 | Percent distribution, 2013 | Percent distribution, 2023 | Percent distribution, 2033 |
---|---|---|---|---|---|---|---|---|
Gross Domestic Product[1] |
11,456.4 | 16,880.7 | 27,360.9 | 40,855.7 | 100.0 | 100.0 | 100.0 | 100.0 |
Personal consumption expenditures |
7,740.7 | 11,388.2 | 18,570.6 | 28,098.8 | 67.6 | 67.5 | 67.9 | 68.8 |
Gross private domestic investment[1] |
2,027.1 | 2,838.3 | 4,843.9 | 7,030.1 | 17.7 | 16.8 | 17.7 | 17.2 |
Nonresidential equipment |
670.6 | 1,035.2 | 1,381.4 | 1,933.1 | 5.9 | 6.1 | 5.0 | 4.7 |
Nonresidential intellectual property products |
418.7 | 694.6 | 1,495.0 | 2,123.6 | 3.7 | 4.1 | 5.5 | 5.2 |
Nonresidential structures |
286.6 | 491.5 | 839.8 | 1,142.9 | 2.5 | 2.9 | 3.1 | 2.8 |
Residential structures |
637.1 | 511.5 | 1,074.2 | 1,733.5 | 5.6 | 3.0 | 3.9 | 4.2 |
Change in private inventories |
14.1 | 105.5 | 53.6 | 97.0 | 0.1 | 0.6 | 0.2 | 0.2 |
Exports |
1,035.2 | 2,287.9 | 3,027.2 | 4,926.0 | 9.0 | 13.6 | 11.1 | 12.1 |
Imports[2] |
1,557.1 | 2,766.4 | 3,825.9 | 5,618.4 | 13.6 | 16.4 | 14.0 | 13.8 |
Government consumption expenditures and gross investment[1] |
2,210.6 | 3,132.6 | 4,745.1 | 6,419.3 | 19.3 | 18.6 | 17.3 | 15.7 |
Federal defense, consumption expenditures |
411.2 | 610.3 | 777.1 | 997.7 | 3.6 | 3.6 | 2.8 | 2.4 |
Federal defense, gross investment |
110.0 | 154.0 | 217.6 | 252.8 | 1.0 | 0.9 | 0.8 | 0.6 |
Federal nondefense, consumption expenditures |
220.4 | 346.1 | 552.1 | 731.9 | 1.9 | 2.1 | 2.0 | 1.8 |
Federal nondefense gross investment |
85.1 | 116.9 | 225.0 | 241.6 | 0.7 | 0.7 | 0.8 | 0.6 |
State and local, consumption expenditures |
1,114.8 | 1,574.3 | 2,423.5 | 3,388.7 | 9.7 | 9.3 | 8.9 | 8.3 |
State and local, gross investment |
269.1 | 330.9 | 549.9 | 806.6 | 2.3 | 2.0 | 2.0 | 2.0 |
Footnotes: [1] Individual components may not sum to aggregates because of rounding. [2] Imports are subtracted from the other components of GDP because they are not produced in the United States. Source: Historical data: U.S. Bureau of Economic Analysis. Projected data: Employment Projections program, U.S. Bureau of Labor Statistics |
Last Modified Date: August 29, 2024