Nominal gross domestic product by major demand category

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Table 4.3 Nominal gross domestic product by major demand category, 1996, 2006, 2016, and projected 2026

Category

Billions of current dollars

Percent distribution

1996

2006

2016

2026

1996

2006

2016

2026

Gross domestic product

$8,100.2

$13,855.9

$18,624.4

$27,787.1

100.0

100.0

100.0

100.0

Personal consumption expenditures

5,268.1

9,304.0

12,820.7

19,092.3

65.0

67.1

68.8

68.7

Gross private domestic investment

1,432.1

2,680.7

3,057.2

5,030.4

17.7

19.3

16.4

18.1

Exports

867.6

1,476.3

2,214.6

3,976.3

10.7

10.7

11.9

14.3

Imports1

964.0

2,247.3

2,735.8

4,837.9

11.9

16.2

14.7

17.4

Government consumption expenditures and gross investment

1,496.4

2,642.2

3,267.8

4,526.0

18.5

19.1

17.5

16.3

Federal defense

376.5

642.4

728.9

881.1

4.6

4.6

3.9

3.2

Federal nondefense

201.7

359.6

502.6

624.5

2.5

2.6

2.7

2.2

State and local

918.3

1,640.2

2,036.3

3,020.4

11.3

11.8

10.9

10.9

Footnotes:
  1 Imports are subtracted from the other components of GDP because they are not produced in the United States.
Source: Historical data: Bureau of Economic Analysis; Projected data: Employment Projections program, U.S. Bureau of Labor Statistics.

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Last Modified Date: October 24, 2017