U.S. Gross Domestic Product (GDP) 1990 to 2017

U.S. Gross Domestic Product (GDP) 1990 to 2017

Year U.S. Gross Domestic Product
(billions of chained
2009 $; Dec 31; seasonally adjusted)
(percent (%) change
from previous year)
1990 8,907.4 [1]
1991 9,016.4 [2] 1.2
1992 9,406.5 4.3
1993 9,653.5 2.6
1994 10,052.5 4.1
1995 10,281.2 2.3
1996 10,739.1 4.5
1997 11,210.3 4.4
1998 11,770.7 5.0
1999 12,323.3 4.7
2000 12,679.3 2.9
10-year Average Change 3.6
2001 12,705.3 [3] 0.2
2002 12,964.0 2.0
2003 13,528.7 4.4
2004 13,950.4 3.1
2005 14,373.4 3.0
2006 14,716.9 2.4
2007 14,991.8 [4] 1.9
2008 14,577.0 -2.8
2009 14,541.9 -0.2
2010 14,939.0 2.7
10-year Average Change 1.7
2011 15,190.3 1.7
2012 15,384.3 1.3
2013 15,793.9 2.7
2014 16,220.2 2.7
2015 16,547.6 2.0
2016 16,851.4 1.8
2017 17,286.5 [5] 2.6
7-year Average Change 2.1
Average Change
1991 to 2017 2.5
1991 to 2000 3.6
2001 to 2010 1.7
2011 to 2017 2.1
Clinton Administration (1993 to 2000) 3.8
Bush Administration (2001 to 2008) 1.8
Obama Administration (2009 to 2016) 1.8
Reviewed July 23 2018

[1] U.S. Bureau of Economic Analysis, Real Gross Domestic Product [A191RL1Q225SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://red.stlouisfed.org/series/A191RL1Q225SBEA, February 1, 2017. 2017 data were retrieved July 23, 2018.

[2] The U.S. economy experienced an “8-month-long contraction” from July 1990 to March 1991. See Kevin L. Kliesen, “The 2001 Recession: How was It Different and What Developments May Have Caused It?”, Review, Federal Reserve Bank of St. Louis, September/October, 2003, pp. 23-38.

[3] The U.S. economy experienced an “8-month-long contraction” from March 2001 to November 2001. Kliesen, Kevin, Review, Federal Reserve Bank of St. Louis, September/October, 2003, pp. 23-38.

[4] Conforming to the Kliesen recession-duration format, the U.S. economy experienced an 18-month-long contraction from December 2007 to June 2009.

[5] See footnote 1 for source. Data obtained July 23, 2018.

Indicates a recession during some or all months of highlighted years.

J. Herbert Burkman, Ph.D.

Burkman and Associates
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