United States: Economy

Economic Trivia

Imported oil accounts for nearly 55% of US consumption.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners: Canada, China, and Mexico
Top 3 Exported Goods: Industrial Machinery, Electrical Machinery, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Petroleum; Steel; Motor Vehicles; Aerospace; Telecommunications; Chemicals; Electronics; Food Processing; Consumer Goods

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international $) $16,800 billion (2013)
GDP Growth Rate (annual %) 1.876% (2013)
GDP Per Capita, PPP (current international $) $53,143 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 1/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.465% (2013)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 46.3% (2013)
Real Interest Rate (5 year average %) 1.71% (2013)
Manufacturing, value added (% of GDP) 12.902% (2011)
Current Account Balance (BoP, current US$) $-440,423,000,000 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 158,666,072 (2012)
Employment in Agriculture (% of total employment) 1.6% (2010)
Employment in Industry (% of total employment) 16.7% (2010)
Employment in Services (% of total employment) 81.2% (2010)
Unemployment Rate 8.1% (2012)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $2,743,100 million (2012)
Exports of goods and services (current US$) $2,195,900 million (2012)
Total Merchandise Trade (% of GDP) 23.901% (2012)
FDI, net inflows (BoP, current US$) $235,867 million (2013)
Commercial Service Exports (current US$) $628,258,000,000 (2012)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, United States’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary