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The United States, the world’s largest economy with a nominal GDP of $21.44 trillion, constitutes one-fourth of the world economy. The U.S. economy is primarily a service-oriented economy with a 77% contribution to GDP.
Energy is also an important factor, as the US is the world's top energy earner with more than $1.2 trillion in revenues. The US trails only China in total installed renewable energy capacity with 292 gigawatts.
The U.S. economy is projected to grow to $25.8 trillion by 2024 with its GDP per capita rising to $76,252 from the current $65,111.
The Richest Economy in the World
2020 US Nominal GDP (in trillions)
US GDP Per Capita (in thousands)
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