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🇺🇸 United States GDP Analysis 2024 The components of US Gross Domestic Product (GDP) for the year 2024 Table: US GDP measured by components of demand for the year 2024 Component Amount (trillions of $) Percent Pie chart percent Consumption 19.928167 67.89% 52.90% Investment 5.347692 18.22% 14.20% Government 5.032578 17.14% 13.36% Exports 3.204134 10.92% 8.51% Imports 4.15825 -14.17% 11.04% Total GDP 29.354321 100.00% 100.00% The components of US Gross Domestic Product (GDP) for the year 2023 The pie chart and table present recent data about the four different components of the United States’ Gross Domestic Product (GDP), including their corresponding amounts and percentages. Examining the table, we can see that the total GDP of the United States in Q4 of 2022 was valued at 26.14 trillion US dollars. Consumption was the biggest contributor to the GDP, amounting to 17.74 trillion US dollars, which makes up 67.91% of the total GDP. Investment followed next, contributing 4.66 trillion US dollars, which accounts for 17.87% of the GDP, while the government contributed 4.57 trillion US dollars, representing 17.50% of the GDP. Exports contributed 2.98 trillion US dollars, which is 11.43% of the total GDP, and imports contributed 3.84 trillion US dollars, making up 14.71% of the total GDP. ...

US International Trade This chart displays a time series of International Trade, depicting the flow of US exports and imports from 1929 to 2020. The graph exhibits two lines; the blue line shows the amount of goods and services exported from the United States to the rest of the world, and the other line represents the amount imported into the United States from the rest of the world. The two lines moved in tandem until the early 1980s, after which they started to diverge. The graph indicates that since then, the United States has been importing more than it has been exporting, resulting in a negative net export or trade deficit. The chart also reveals two significant fluctuations, one during the 2008 financial crisis and the other during the COVID-19 pandemic. ...