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Employment Projections
Bureau of Labor Statistics > Employment Projections > Data
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Real gross domestic product by major demand category

Other available formats: (XLSX)

Table 4.2 Real gross domestic product by major demand category, 2002, 2012, 2022, and projected 2032
(Numbers in billions of chained 2012 dollars)

Category

2002

2012

2022

2032

Compound annual rate of change,
2002–12

Compound annual rate of change,
2012–22

Compound annual rate of change,
2022–32

Gross domestic product(1)

13,491.2

16,257.4

20,022.3

24,148.8

1.9

2.1

1.9

Personal consumption expenditures

9,103.2

11,043.6

14,134.9

17,312.4

2.0

2.5

2.0

Gross private domestic investment

2,195.5

2,621.8

3,740.1

4,525.8

1.8

3.6

1.9

Exports

1,276.3

2,220.4

2,541.5

3,689.8

5.7

1.4

3.8

Imports(2)

1,962.0

2,765.1

3,887.5

5,045.9

3.5

3.5

2.6

Government consumption expenditures and gross investment

2,886.3

3,136.1

3,406.0

3,602.0

0.8

0.8

0.6

Federal defense

606.1

814.2

769.4

785.3

3.0

-0.6

0.2

Federal nondefense

362.8

472.5

583.6

599.5

2.7

2.1

0.3

State and local

1,929.1

1,849.4

2,050.8

2,207.9

-0.4

1.0

0.7

Addendum:

GDP per capita, chained 2012 dollars

44,515.4

49,110.2

57,036.7

65,383.6

1.0

1.5

1.4

Footnotes:
  (1) Individual components of GDP chain to total GDP, therefore their sum will not match total GDP.
  (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: U.S. Bureau of Labor Statistics

Last Modified Date: September 6, 2023