US GDP (nominal), 1947 to 2026
US GDP (nominal) stood at $31,866 in 2026, up 1.4% on the previous period.
The latest reading is $31.9 trillion, for January 2026, against $31.4 trillion in October 2025. The series is quarterly (FRED series GDP) and runs from January 1947.
How it is measured
Gross domestic product at current prices: the market value of everything the US economy produces, from the BEA's national accounts. The figure is quarterly, expressed at a seasonally adjusted annual rate, and the axis is in billions of dollars, so a reading of 30,000 is a $30 trillion economy. The data reaches us through FRED, the Federal Reserve Bank of St. Louis's data service, and originates with the Bureau of Economic Analysis.
What the curve shows
US output reached $31.9 trillion at an annual rate in January 2026, from $243.2 billion at the window's start. Because this series is nominal, inflation is inside the line; the real GDP series strips it out and grows visibly slower.
What does annualized mean?
Is this adjusted for inflation?
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