What was our GDP in 2016?

What was our GDP in 2016?

$18,695,100 million
The GDP figure in 2016 was $18,695,100 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $489,100 million with respect to 2015.

What was the GDP per capita in 2016?

$58,021
U.S. gdp per capita for 2020 was $63,544, a 2.66% decline from 2019….U.S. GDP Per Capita 1960-2021.

U.S. GDP Per Capita – Historical Data
Year GDP Per Capita (US $) Annual Growth Rate (%)
2018 $63,064 4.92%
2017 $60,110 3.60%
2016 $58,021 2.04%

What is the average GDP of Vietnam?

GDP per capita in Vietnam is expected to reach 2030.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam GDP per capita is projected to trend around 2070.00 USD in 2022, according to our econometric models.

What was the GDP for 2018?

$20.50 trillion
Current-dollar GDP increased 5.2 percent, or $1.02 trillion, in 2018 to a level of $20.50 trillion, compared with an increase of 4.2 percent, or $778.2 billion, in 2017 (table 1 and table 3).

What country has the highest GDP?

United States
The top 20 largest economies in the world by GDP

Rank Country GDP (Nominal) (billions of $)
1 United States 20,807.27
2 China 15,222.16
3 Japan 4,910.58
4 Germany 3,780.55

Which is better GDP or GDP per capita?

GDP per capita is a measure that results from GDP divided by the size of the nation’s overall population. So in essence, it is theoretically the amount of money that each individual gets in that particular country. The GDP per capita provides a much better determination of living standards as compared to GDP alone.

What is the world rank GDP of Vietnam?

37th-largest
The economy of Vietnam is a mixed socialist-oriented market economy, which is the 37th-largest in the world as measured by nominal gross domestic product (GDP) and 23rd-largest in the world as measured by purchasing power parity (PPP) in 2020.

Why is GDP in Vietnam growing?

Vietnam’s development over the past 30 years has been remarkable. Vietnam’s economy is set to grow 6.6 percent in 2021 on the back of successful control of COVID-19 infections, strong performance by export-oriented manufacturing and robust recovery in domestic demand. …

What is our GDP today?

Current‑dollar GDP increased 13.0 percent at an annual rate, or $684.4 billion, in the second quarter to a level of $22.72 trillion. In the first quarter, current-dollar GDP increased 10.9 percent, or $560.6 billion (revised, tables 1 and 3).

What is the per capita GDP of Vietnam?

In 2019, GDP per capita in Vietnam amounted to around 3,416 U.S. dollars. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important…

What is the per capita income in Vietnam?

Vietnam GDP per Capita . Vietnam’s GDP Per Capita reached 2,587.000 USD in Dec 2018, compared with 2,389.000 USD in Dec 2017.

Is Vietnam a growing economy?

According to a forecast by PricewaterhouseCoopers in February 2017, Vietnam may be the fastest-growing of the world’s economies, with a potential annual GDP growth rate of about 5.1%, which would make its economy the 20th-largest in the world by 2050.

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