United States GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$84,534.04

Source: world bank Nominal/PPP
Summary:

United States GDP Per Capita expanded from 1960 to 2024, increasing from $2,999.86 to $84,534.04 .The compound annual growth rate (CAGR) averaged 5.36% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained moderate. The maximum drawdown reached 2.83%, indicating the largest cyclical decline from peak levels. The country experienced 2 recession episode(s) during the observed period.

Latest GDP Per Capita of United States 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 84,534.04 dollars$ 85,809.90 Int dollars
Growth (YoY)4.321%4.259%
Net Change vs Previous Year$ 3,501.78 dollars$ 3,505.28 Int dollars
% of World GDP Per Capita76.17%42.97%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
United States GDP | United States GDP Growth

United States Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19602999.86-----
19613059.1659.31.977 %---
19623236.01176.855.781 %---
19633366.37130.364.028 %---
19643565.31198.945.91 %---
19653818.29252.977.095 %---
19664136.31318.028.329 %---
19674325.96189.654.585 %---
19684684.59358.638.29 %---
19695020335.417.16 %---
19705234.3214.34.269 %---
19715609.38375.097.166 %---
19726094.02484.648.64 %---
19736726.36632.3410.376 %---
19747225.69499.337.424 %---
19757801.46575.777.968 %---
19768592.25790.810.137 %---
19779452.58860.3210.013 %---
197810564.951112.3711.768 %---
197911674.181109.2310.499 %---
198012574.79900.617.715 %---
198113976.111401.3111.144 %---
198214433.79457.683.275 %---
198315543.891110.117.691 %---
198417121.231577.3310.148 %---
198518236.831115.66.516 %---
198619071.23834.44.575 %---
198720038.94967.715.074 %---
198821417.011378.076.877 %---
198922857.151440.146.724 %---
199023888.61031.454.513 %23888.6--
199124342.26453.661.899 %24342.26453.661.899 %
199225418.991076.734.423 %25418.991076.734.423 %
199326387.29968.33.809 %26387.29968.33.809 %
199427694.851307.564.955 %27694.851307.564.955 %
199528690.88996.023.596 %28690.88996.023.596 %
199629967.711276.844.45 %29967.711276.844.45 %
199731459.141491.434.977 %31459.131491.424.977 %
199832853.681394.544.433 %32853.671394.544.433 %
199934515.391661.715.058 %34515.381661.715.058 %
200036329.961814.575.257 %36329.971814.595.257 %
200137133.62803.672.212 %37133.62803.652.212 %
200237997.76864.142.327 %37997.74864.122.327 %
200339490.271492.523.928 %39490.31492.563.928 %
200441724.632234.365.658 %41724.642234.345.658 %
200544123.412398.785.749 %44123.42398.765.749 %
2006463022178.594.938 %46301.992178.594.937 %
200748050.221748.223.776 %48050.231748.243.776 %
200848570.05519.821.082 %48570.06519.831.082 %
200947194.94-1375.1-2.831 %47194.95-1375.11-2.831 %
201048642.611447.673.067 %48642.631447.683.067 %
201150024.871382.262.842 %50024.881382.252.842 %
201251708.41683.533.365 %51708.391683.513.365 %
201353179.011470.612.844 %53297.391588.993.073 %
201454973.421794.413.374 %55153.391856.013.482 %
201556572.921599.52.91 %56849.471696.083.075 %
201657638.11065.181.883 %57976.631127.161.983 %
201759635.119973.465 %60047.722071.093.572 %
201862499.872864.784.804 %62875.672827.954.709 %
201964746.452246.583.595 %65227.962352.293.741 %
202063515.95-1230.5-1.9 %64401.51-826.45-1.267 %
202170205.056689.110.531 %71307.46905.8910.723 %
202276657.256452.29.191 %77860.916553.519.191 %
202381032.264375.015.707 %82304.624443.715.707 %
202484534.043501.784.321 %85809.93505.284.259 %

United States Economic Phases (1960 - 2024)

From 1960 to 2024, United States economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1964–1966) indicating robust economic expansion
  • High Growth (1968–1969) indicating robust economic expansion
  • High Growth (1971–1981) indicating robust economic expansion
  • High Growth (1983–1985) indicating robust economic expansion
  • High Growth (1987–1989) indicating robust economic expansion
  • Expansion (1990–1998) indicating steady moderate growth
  • High Growth (1999–2000) indicating robust economic expansion
  • Expansion (2001–2003) indicating steady moderate growth
  • High Growth (2004–2005) indicating robust economic expansion
  • Expansion (2006–2008) indicating steady moderate growth
  • Expansion (2010–2019) indicating steady moderate growth
  • High Growth (2021–2023) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1978 with an increase of 11.768%, while the largest decline was in 2009 at -2.831%.