US Gross Domestic Product (GDP): Difference between revisions

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Year President Political Party 1:Gross domestic product 1:GDP Rank 2:Consumption Rank 7:Private Investment Rank 22:Govt Rank
The Bureau of Economic Analysis makes monthly updates to data which typically cause minor changes for the past several years.
1930 Hoover Republican -8.5 93 94 91 86
 
1931 Hoover Republican -6.4 92 93 92 72
== Recent ==
1932 Hoover Republican -12.9 95 95 95 6
 
1933 Roosevelt Democratic -1.2 87 90 6 9
=== Five Year Quarterly Real GDP ===
1934 Roosevelt Democratic 10.8 5 5 3 89
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1935 Roosevelt Democratic 8.9 6 10 2 59
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1936 Roosevelt Democratic 12.9 4 2 9 90
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1937 Roosevelt Democratic 5.1 24 39 12 5
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1938 Roosevelt Democratic -3.3 91 89 90 82
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1939 Roosevelt Democratic 8 9 18 11 85
 
1940 Roosevelt Democratic 8.8 7 22 5 67
=== Contributions to Real GDP for Past Five Quarters ===
1941 Roosevelt Democratic 17.7 2 6 14 94
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1942 Roosevelt Democratic 18.9 1 91 94 95
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1943 Roosevelt Democratic 17 3 54 93 93
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1944 Roosevelt Democratic 7.9 11 53 15 88
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1945 Roosevelt-Truman Democratic -1 85 9 7 3
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1946 Truman Democratic -11.6 94 1 1 1
 
1947 Truman Democratic -1.1 86 75 74 2
=== Annual Real GDP Since 2021 ===
1948 Truman Democratic 4.1 35 69 10 78
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1949 Truman Democratic -0.6 83 55 89 87
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1950 Truman Democratic 8.7 8 7 4 24
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1951 Truman Democratic 8 10 79 65 92
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1952 Truman Democratic 4.1 36 46 83 91
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1953 Eisenhower Republican 4.7 27 27 50 81
 
1954 Eisenhower Republican -0.6 82 72 76 4
=== Annual Headline and Real GDP Since 2021 ===
1955 Eisenhower Republican 7.1 13 4 13 8
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1956 Eisenhower Republican 2.1 66 51 68 23
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1957 Eisenhower Republican 2.1 68 60 75 75
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1958 Eisenhower Republican -0.7 84 83 82 64
</body>
1959 Eisenhower Republican 6.9 14 16 16 54
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1960 Eisenhower Republican 2.6 58 57 62 29
 
1961 Kennedy Democratic 2.6 59 71 63 76
=== Contributions to Real GDP for Past Five Years+ ===
1962 Kennedy Democratic 6.1 17 25 21 79
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1963 Kennedy-Johnson Democratic 4.4 32 31 42 50
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1964 Johnson Democratic 5.8 18 12 38 53
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1965 Johnson Democratic 6.5 16 8 20 62
</body>
1966 Johnson Democratic 6.6 15 15 32 84
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1967 Johnson Democratic 2.7 55 47 73 83
 
1968 Johnson Democratic 4.9 25 13 48 65
=== Annual Rates of Change of GDP Components ===
1969 Nixon Republican 3.1 48 38 51 22
 
1970 Nixon Republican 0.2 76 65 79 12
==== Consumption and Investment ====
1971 Nixon Republican 3.3 46 35 28 13
Consumption, which is 68% of total GDP and by far the largest component, and Investment, which is 18% and similarly sized to Government (next chart) which is 17%.
1972 Nixon Republican 5.3 23 11 25 17
 
1973 Nixon Republican 5.6 20 26 27 19
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1974 Nixon-Ford Republican -0.5 81 87 81 49
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1975 Ford Republican -0.2 79 68 87 48
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1976 Ford Republican 5.4 22 17 17 25
</body>
1977 Carter Democratic 4.6 29 29 18 34
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1978 Carter Democratic 5.5 21 28 23 57
 
1979 Carter Democratic 3.2 47 67 56 39
==== Government and Exports ====
1980 Carter Democratic -0.3 80 86 85 43
Government spend is 17% of GDP, and Net Export, which is Exports minus Imports accounts for the last 3%.
1981 Reagan Republican 2.5 63 81 33 32
 
1982 Reagan Republican -1.8 88 80 86 42
While small in dollars, it can contribute significantly to growth or contraction of total GDP. We're going to look only at Exports, not Imports.
1983 Reagan Republican 4.6 28 14 30 69
 
1984 Reagan Republican 7.2 12 20 8 66
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1985 Reagan Republican 4.2 33 23 66 80
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1986 Reagan Republican 3.5 45 32 64 77
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1987 Reagan Republican 3.5 44 43 60 58
</body>
1988 Reagan Republican 4.2 34 30 61 35
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1989 Bush Republican 3.7 41 48 55 56
 
1990 Bush Republican 1.9 70 74 72 61
=== Annual Real GDP Since 2001 ===
1991 Bush Republican -0.1 78 84 80 33
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1992 Bush Republican 3.5 42 37 41 27
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1993 Clinton Democratic 2.7 56 40 37 16
<iframe width="925" height="700" frameborder="0" scrolling="no" src="https://1drv.ms/x/c/8dfedc7a762e3fd5/IQTIaoWvQt9gQaPZ98d_Af8_AfplLAPATvVuZlUjcMGh7jE?em=2&wdAllowInteractivity=False&Item=GDP_Ann_Real_25Yr_Cht&wdInConfigurator=True&wdInConfigurator=True&edaebf=rslc0"></iframe>
1994 Clinton Democratic 4 38 33 22 21
</body>
1995 Clinton Democratic 2.7 57 52 57 26
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1996 Clinton Democratic 3.8 40 42 35 31
 
1997 Clinton Democratic 4.4 31 36 24 37
== GDP At the Industry Level ==
1998 Clinton Democratic 4.5 30 21 29 51
The following are inputs to GDP at the industry level. While they aren't exactly "GDP" numbers, they are the details that add up to GDP; thus, I continue to use the nomenclature "GDP"
1999 Clinton Democratic 4.8 26 19 36 63
 
2000 Clinton Democratic 4.1 37 24 44 40
=== Annual Real GDP Private vs Public Sectors ===
2001 Bush Republican 1 75 64 78 70
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2002 Bush Republican 1.7 73 61 69 74
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2003 Bush Republican 2.8 53 45 54 47
<iframe width="925" height="700" frameborder="0" scrolling="no" src="https://1drv.ms/x/c/8dfedc7a762e3fd5/IQTIaoWvQt9gQaPZ98d_Af8_AfplLAPATvVuZlUjcMGh7jE?em=2&wdAllowInteractivity=False&Item=GDP_Industry_Pres_Cht&wdInConfigurator=True&wdInConfigurator=True"></iframe>
2004 Bush Republican 3.8 39 34 31 36
</body>
2005 Bush Republican 3.5 43 41 45 30
</html>
2006 Bush Republican 2.8 52 49 58 38
 
2007 Bush Republican 2 69 66 71 41
 
2008 Bush Republican 0.1 77 85 84 52
=== Annual Real GDP Private Sector Goods and Services ===
2009 Obama Democratic -2.6 90 88 88 68
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2010 Obama Democratic 2.7 54 76 19 20
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2011 Obama Democratic 1.6 74 77 43 7
<iframe width="925" height="700" frameborder="0" scrolling="no" src="https://1drv.ms/x/c/8dfedc7a762e3fd5/IQTIaoWvQt9gQaPZ98d_Af8_AfplLAPATvVuZlUjcMGh7jE?em=2&wdAllowInteractivity=False&Item=GDP_Industry_Pres_Cht%20(2)&wdInConfigurator=True&wdInConfigurator=True"></iframe>
2012 Obama Democratic 2.3 65 82 26 11
</body>
2013 Obama Democratic 2.1 67 78 40 10
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2014 Obama Democratic 2.5 61 56 46 14
 
2015 Obama Democratic 2.9 51 44 47 45
 
2016 Obama Democratic 1.8 72 62 67 46
=== Annual Real GDP Construction, Manufacturing, and Farming ===
2017 Trump Republican 2.5 64 59 53 28
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2018 Trump Republican 3 49 58 49 44
<body>
2019 Trump Republican 2.5 60 73 59 71
<iframe width="925" height="700" frameborder="0" scrolling="no" src="https://1drv.ms/x/c/8dfedc7a762e3fd5/IQTIaoWvQt9gQaPZ98d_Af8_AfplLAPATvVuZlUjcMGh7jE?em=2&wdAllowInteractivity=False&Item=GDP_Industry_Pres_Cht%20(3)&wdInConfigurator=True&wdInConfigurator=True"></iframe>
2020 Trump Republican -2.2 89 92 77 60
</body>
2021 Biden Democratic 5.8 19 3 34 18
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2022 Biden Democratic 1.9 71 63 52 15
 
2023 Biden Democratic 2.5 62 70 70 73
 
2024 Biden Democratic 3 50 50 39 55
=== Annual Real GDP Data, Finance, Health, and Retail ===
<html lang="en">
<body>
<iframe width="925" height="700" frameborder="0" scrolling="no" src="https://1drv.ms/x/c/8dfedc7a762e3fd5/IQTIaoWvQt9gQaPZ98d_Af8_AfplLAPATvVuZlUjcMGh7jE?em=2&wdAllowInteractivity=False&Item=GDP_Industry_Pres_Cht%20(4)&wdInConfigurator=True&wdInConfigurator=True"></iframe>
</body>
</html>

Latest revision as of 15:55, 2 July 2026

The Bureau of Economic Analysis makes monthly updates to data which typically cause minor changes for the past several years.

Recent

Five Year Quarterly Real GDP

Contributions to Real GDP for Past Five Quarters

Annual Real GDP Since 2021

Annual Headline and Real GDP Since 2021

Contributions to Real GDP for Past Five Years+

Annual Rates of Change of GDP Components

Consumption and Investment

Consumption, which is 68% of total GDP and by far the largest component, and Investment, which is 18% and similarly sized to Government (next chart) which is 17%.

Government and Exports

Government spend is 17% of GDP, and Net Export, which is Exports minus Imports accounts for the last 3%.

While small in dollars, it can contribute significantly to growth or contraction of total GDP. We're going to look only at Exports, not Imports.

Annual Real GDP Since 2001

GDP At the Industry Level

The following are inputs to GDP at the industry level. While they aren't exactly "GDP" numbers, they are the details that add up to GDP; thus, I continue to use the nomenclature "GDP"

Annual Real GDP Private vs Public Sectors


Annual Real GDP Private Sector Goods and Services


Annual Real GDP Construction, Manufacturing, and Farming


Annual Real GDP Data, Finance, Health, and Retail

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