us United States 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$21.35 trillion

↓ 0.86% vs 2019
GDP per Capita

$64,411.37

↓ 1.82% vs 2019
GDP Growth (Annual %)

-2.16%

↓ 4.75pp vs 2019
Inflation Rate (CPI %)

1.23%

↓ 0.58pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $21.54 trillion $21.35 trillion -0.86%
GDP per Capita $65,604.68 $64,411.37 -1.82%
GDP Growth (Annual %) 2.58% -2.16% -4.75pp
Inflation (CPI %) 1.81% 1.23% -0.58pp
Unemployment Rate (%) 3.67% 8.06% +4.39pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$21.35 trillion
GDP per Capita
$64,411.37
GDP Growth (Annual %)
-2.16%
Gross National Income
$21.46 trillion
Prices & Employment
Inflation (CPI %)
1.23%
Inflation (GDP Deflator %)
1.33%
Unemployment Rate (%)
8.06%
Interest Rate (Real %)
2.19%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-2.82%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, United States's Gross Domestic Product (GDP) is $21.35 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in United States for 2020 is $64,411.37. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in United States for 2020 is 1.23%. This measures the annual percentage change in the cost of consumer goods and services.

United States's annual GDP growth rate for 2020 is -2.16%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in United States for 2020 is 8.06%. This represents the percentage of the labor force that is unemployed and actively seeking employment.