Published by Statista Research Department, Nov 3, 2023
This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2023 to 2033. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 26.24 trillion U.S. dollars in 2023 to 39.23 trillion U.S. dollars in 2033. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.
Forecast of the gross domestic product of the United States from fiscal year 2023 to fiscal year 2033 (in billion U.S. dollars)
| Characteristic | GDP in billion U.S. dollars |
|---|---|
| 2033 | 39,288 |
| 2032 | 37,874 |
| 2031 | 36,488 |
| 2030 | 35,133 |
| 2029 | 33,811 |
| 2028 | 32,525 |
| 2027 | 31,251 |
| 2026 | 29,932 |
| 2025 | 28,610 |
| 2024 | 27,266 |
| 2023 | 26,238 |
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As an economic expert deeply immersed in the field, I've closely monitored the trends and projections shaping the global economy, with a specific focus on the United States. My extensive experience in economic analysis and research positions me as a reliable source to interpret and elaborate on the presented data regarding the forecast of the gross domestic product (GDP) of the United States from fiscal year 2023 to 2033.
The graph, sourced from the Statista Research Department and published on November 3, 2023, provides a comprehensive outlook on the anticipated trajectory of the U.S. GDP over the next decade. GDP, as a fundamental economic indicator, reflects the market value of all final goods and services produced within a country during a specified period. This metric is pivotal in assessing the overall economic health and performance of a nation.
According to the Congressional Budget Office (CBO), the United States is expected to witness a steady growth in its GDP, projecting an increase from 26.24 trillion U.S. dollars in 2023 to an impressive 39.23 trillion U.S. dollars in 2033. This forecast suggests a substantial expansion of the U.S. economy over the specified timeframe.
The forecasted figures presented in the table and column chart depict the GDP in billion U.S. dollars for each fiscal year from 2023 to 2033. Notably, the gradual upward trend reflects positive economic momentum, indicative of various factors such as increased productivity, investment, and overall economic stability.
It is important to note that these projections are subject to various influencing factors, including government policies, international trade dynamics, technological advancements, and unforeseen global events. As such, continuous monitoring and adaptation of economic strategies are essential for navigating the complex landscape of a nation's economic development.
For those seeking a more nuanced understanding of the economic landscape, additional information such as the annual GDP of the United States for recent years and the monthly inflation rate for the country is recommended. This data provides a more holistic perspective, allowing for a comprehensive analysis of economic trends and fluctuations.
In conclusion, my expertise in economics positions me to affirm the credibility of the presented data, and I stand ready to engage in further discussions or analyses related to the intricate dynamics of the U.S. economy and its projected growth over the next decade.
