US GDP Data: Nominal GDP by Year and the Latest BEA Release
US nominal GDP was $27,825.9 billion in 2023 and $30,861.3 billion in 2025, from BEA NIPA Table 1.1.5 after the 2026 annual update. Below: the current-dollar series by year with the exact table and release it comes from, the latest quarterly release, and how BEA's revision cycle changes these numbers.
Source: Bureau of Economic Analysis (BEA) NIPA tables | Vintage of 30 September 2026 (2026 annual update)
US Nominal (Current-Dollar) GDP in 2023: $27,825.9 Billion
BEA NIPA Table 1.1.5, line 1 | Annual, current dollars
$27,825.9bn
United States gross domestic product, calendar year 2023, in current (nominal) dollars. That is $27.83 trillion.
2024
$29,381.0bn
2025
$30,861.3bn
Source: BEA annual NIPA release file (series A191RC), vintage published with the 2026 annual update and Q2 2026 third estimate on 30 September 2026. Same series as iTable Table 1.1.5.
Nominal GDP is output valued at the prices actually paid in that year, with no inflation adjustment. It is the number you want for debt-to-GDP ratios, tax-take comparisons, and any share-of-GDP calculation, because those denominators are all current-dollar too. Real GDP, the inflation-adjusted series in chained 2017 dollars, is a different number and belongs in Table 1.1.6.
State which vintage you are quoting. The 2023 annual figure was first published on 25 January 2024 and has been revised by every annual update since. The 2026 annual update alone moved it from $27,811.5 billion to $27,825.9 billion. Real growth for 2023 was first reported as 2.5 percent; in the current vintage it is 2.9 percent. A 2023 GDP figure copied from a 2024 article will not match BEA today, and neither number is wrong, they are different vintages of the same estimate.
Current-dollar GDP by year
| Year | Nominal GDP ($bn) | Nominal growth | Real growth |
|---|---|---|---|
| 2025 | 30,861.3 | +5.0% | +2.3% |
| 2024 | 29,381.0 | +5.6% | +3.0% |
| 2023 | 27,825.9 | +6.8% | +2.9% |
| 2022 | 26,059.7 | +9.7% | +2.4% |
| 2021 | 23,745.8 | +11.1% | +6.3% |
| 2020 | 21,375.3 | -0.8% | -2.1% |
| 2019 | 21,540.0 | +4.3% | +2.6% |
| 2018 | 20,656.5 | +5.3% | +3.0% |
| 2017 | 19,612.1 | +4.3% | +2.5% |
| 2015 | 18,295.0 | +3.9% | +2.9% |
| 2010 | 15,049.0 | +3.9% | +2.7% |
| 2009 | 14,478.1 | -2.0% | -2.6% |
| 2008 | 14,769.9 | +2.0% | +0.1% |
| 2000 | 10,251.0 | +6.4% | +4.1% |
Nominal GDP from BEA NIPA Table 1.1.5 (series A191RC), billions of current dollars. Real growth is annual average over annual average in chained 2017 dollars, from Table 1.1.6 (series A191RX). Both taken from BEA's published annual NIPA release file on 17 October 2026, which carries the vintage of the 30 September 2026 release (the 2026 annual update).
How to cite the BEA nominal GDP figure
A complete citation needs four parts: the value, the table, the release that carried it, and the date you pulled it. For example:
US gross domestic product, 2023: $27,825.9 billion (current dollars). US Bureau of Economic Analysis, NIPA Table 1.1.5, Gross Domestic Product, line 1. Vintage of the 30 September 2026 release (2026 annual update), retrieved 17 October 2026.
The quarterly news releases carry Table 1.1.5 as Table 3 of the release PDF. The full series lives in the interactive tables at apps.bea.gov/iTable, in BEA's free JSON API, and in the plain-text NIPA release files at apps.bea.gov/national/Release. Do not cite a nominal GDP figure without the year and the vintage, because both change the number.
Latest Release: Q2 2026 Third Estimate
BEA 26-42 | 30 September 2026
+2.2%
Q2 2026 real GDP growth, annualised (third estimate)
Current-dollar GDP, Q2 2026
$32,563.0bn
Current-dollar growth, annualised
+8.5%
Real GDP was revised up 0.7 percentage point from the 1.5 percent second estimate, mainly on upward revisions to investment, consumer spending and government spending. BEA names consumer spending, investment and exports as the contributors to growth, with imports, which subtract from GDP, rising. The gap between the 8.5 percent current-dollar rate and the 2.2 percent real rate is price change: the price index for gross domestic purchases rose 5.6 percent in the quarter. The same release revised the first quarter of 2026 up to 2.5 percent, from 2.1 percent.
The annual update also moved earlier quarters. In the current vintage real GDP grew 3.9 percent annualised in Q3 2025 and 0.2 percent in Q4 2025, where the Q4 2025 third estimate of 9 April 2026 had shown 4.4 and 0.5 percent. That April release itself ran late, scheduled for 27 March but pushed back by the October to November 2025 government shutdown.
The Three Estimates: Advance, Second, Third
BEA does not wait for all data to be collected before releasing GDP estimates. Instead, it issues three increasingly complete estimates for each quarter. Understanding this process helps you interpret the headline numbers and judge how much revision risk remains.
Advance Estimate
~30 days after quarter ends
~75% of component data available. Uses survey estimates for retail, inventory, and trade. Most likely to be revised.
Second Estimate
~60 days after quarter ends
More complete trade, retail, and inventory data. Incorporates Treasury and financial sector updates. Typically smaller revisions.
Third Estimate
~90 days after quarter ends
Most complete data including Census Bureau surveys and IRS data. Still subject to annual revision benchmarks but the closest to final.
Beyond the three quarterly estimates, BEA also runs an annual update and, about every five years, a comprehensive update that revises the series back to 1929. The 2026 annual update, published on 30 September 2026, revised the first quarter of 2021 through the first quarter of 2026. The section below sets out all five levels.
BEA GDP Release Calendar: Rest of 2026
| Quarter | Estimate | Expected Date |
|---|---|---|
| Q2 2026 | Advance | 30 July 2026 (published) |
| Q2 2026 | Second | 26 August 2026 (published) |
| Q2 2026 | Third, plus 2026 annual update | 30 September 2026 (published) |
| Q3 2026 | Advance | 29 October 2026 |
| Q3 2026 | Second | 25 November 2026 |
| Q3 2026 | Third | 23 December 2026 |
Dates from the BEA release schedule, checked 17 October 2026. Releases are at 8:30am ET. Dates can shift, as they did after the October to November 2025 shutdown. Check bea.gov/news/schedule for confirmed dates.
How BEA Revises GDP: Advance, Second, Third, Annual, Comprehensive
A US GDP figure is never final. It moves through four levels of revision, and the level you are looking at determines how much it can still change. BEA does not use the words "preliminary" or "final" for quarterly GDP; the three quarterly vintages are called advance, second, and third.
| Revision level | Timing | What it changes |
|---|---|---|
| Advance estimate | About 30 days after quarter end | First official quarterly reading. Some source data is not yet in and is estimated. |
| Second estimate | About 60 days after quarter end | Quarter only. Fuller trade, retail and services data replace the estimates. |
| Third estimate | About 90 days after quarter end | Quarter only. The most complete quarterly reading, published with GDP by industry and corporate profits. |
| Annual update | Once a year | Several years of quarterly and annual history, using annual survey and tax data not available quarterly. |
| Comprehensive update | About every five years | The whole series back to 1929, including definitional changes and a new reference year. |
The 2026 annual update: published 30 September 2026
BEA published the 2026 annual updates of the national, industry and regional accounts together on 30 September 2026, in the same release as the Q2 2026 third estimate. The update covered the first quarter of 2021 through the first quarter of 2026, and the reference year remains 2017.
On this page it moved 2024 nominal GDP from $29,298.0 billion to $29,381.0 billion and 2025 from $30,762.1 billion to $30,861.3 billion, and lifted real growth for 2024 from 2.8 to 3.0 percent and for 2025 from 2.1 to 2.3 percent. In this vintage the second quarter of 2022 shows real growth of 0.6 percent annualised, after a 1.0 percent fall in the first. If you are citing a nominal GDP number for 2021 to 2025, note the vintage.
Annual updates are not cosmetic. Real GDP growth for 2023 was first published as 2.5 percent in the advance estimate of 25 January 2024; in the vintage of 30 September 2026 it is 2.9 percent. That is a 0.4 percentage point change to a completed year, entirely from revision. Nominal levels move too, which is why a debt-to-GDP or spending-to-GDP ratio calculated in 2024 will not reproduce exactly today.
Release dates themselves can move. The third estimate for the fourth quarter and year 2025 was scheduled for 27 March 2026 and published on 9 April 2026, because the October to November 2025 government shutdown interrupted the source data flow and the release calendar.
Sources: BEA, Information on 2026 Annual Updates to the National, Industry, State, and County Statistics; BEA, GDP Fourth Quarter and Year 2023 (Advance Estimate), 25 January 2024; BEA 26-42, 30 September 2026; BEA release schedule. Checked 17 October 2026.
How to Find GDP Data Yourself
Primary source. NIPA tables (1.1.1 for real growth rates, 1.1.5 for current-dollar levels, 1.1.6 for chained dollars). GDP news releases. Advance, second and third estimates.
The full annual NIPA series as a plain-text CSV, one row per series code and year. Nominal GDP is series A191RC, real GDP A191RX, the GDP price index A191RD. NipaDataQ.txt is the quarterly equivalent. Both are refreshed with each release, so the file itself carries the current vintage.
Free JSON and XML API over the same NIPA tables. Requires a registration key, no cost. Useful if you need the figure to update itself rather than be re-copied each quarter.
Best interface for time-series analysis. Search 'GDPC1' for real GDP, 'GDP' for nominal. Download CSV. Chart with recessions shaded.
International comparisons. US GDP alongside other countries in a single interface.
World Economic Outlook database for projections and historical data across all member countries.
Frequently Asked Questions
What was US nominal GDP in 2023 in current dollars?
Which BEA press release and NIPA table is the nominal US GDP figure in?
What is the most recent US GDP figure?
What is the difference between the advance, second, and third GDP estimates?
How often does BEA revise GDP, and what does the 2026 annual update change?
Where can I find US GDP data?
What does annualised GDP mean?
You might also want: