National Income and Product Accounts (NIPA) Table 1.1.6 · Real gross domestic product, chained dollars
How much does the US economy produce, with prices held constant?
The real gross domestic product was $24,611.1 billion in the quarter ended , up 2.1% from a year earlier.
Real gross domestic product, seasonally adjusted, each quarter
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to , to , to , to , to , to , to , to , to , to , to .
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .
Real gross domestic product, change from a year earlier, each quarter (ours)
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to , to , to , to , to , to , to , to , to , to , to , to .
Shaded bands are US recessions as the National Bureau of Economic Research dates them: to .
Each point is one quarter of the series as the source publishes it, or a change worked out from those values (ours). The US recessions are shaded. Pointing at the chart shows the quarter and the value.
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Inspect and compare dates
The newest quarter beside the one before it and the nearest ones a year, five and ten years earlier. The last ten years are in the table under "The numbers behind the chart".
| Measure | Latest | The quarter before | A year earlier | Five years earlier | Ten years earlier |
|---|---|---|---|---|---|
| Quarter | |||||
| Real gross domestic product | $24,611.1 billion | $24,408.0 billion | $24,113.0 billion | $21,641.7 billion | $19,197.9 billion |
| Change over a year | +2.1% | +2.2% | +2.6% | +5.3% | +1.8% |
The table scrolls sideways; the first column stays in place.
Observed .
Right now
The real gross domestic product was $24,611.1 billion in the third quarter of 2026, the highest since our record begins in the first quarter of 1947.
Over a year it is up 2.1% (ours).
ChangeOurs
| Period | Then | Change |
|---|---|---|
| One quarter | $24,408.0 billion in | +0.8% |
| Four quarters | $24,113.0 billion in | +2.1% |
| Five years | $21,641.7 billion in | +13.7% |
| Ten years | $19,197.9 billion in | +28.2% |
In historyOurs
The real gross domestic product of $24,611.1 billion in was higher than in 318 of the 318 other quarters since , the same in 0 and lower in 0.
Highest since : $24,611.1 billion in . Lowest since : $2,172.4 billion in .
AverageOurs
Average since : $10,458.21 billion (ours, a plain mean of the 319 quarters).
Understanding the real gross domestic product
Where it stands today
The real gross domestic product was $24,611.1 billion in the third quarter of 2026.
What does the real gross domestic product measure?
Real gross domestic product (GDP) is the value of the goods and services produced in the United States with the change in prices taken out. The Bureau of Economic Analysis (BEA) states it in chained dollars: dollars of a reference year, linked from year to year by a chain-type index, so that a change in it is a change in the quantity produced.
Read more
The figure is seasonally adjusted and stated at an annual rate. The growth rate of the same series, from quarter to quarter, has its own page.
What 500metrics adds: the change over a year and over five years in percent, the highest and lowest value since the series begins, and the last quarter that was higher or lower.
The numbers behind the chart
What was the real gross domestic product in each quarter?The last ten years, 40 quarters, newest first; the chart and the file have every quarter since 1947 Q1
| Quarter | Value | Change over a year |
|---|---|---|
| $24,611.1 billion | +2.1% | |
| $24,408.0 billion | +2.2% | |
| $24,274.4 billion | +2.6% | |
| $24,125.5 billion | +2.0% | |
| $24,113.0 billion | +2.6% | |
| $23,884.6 billion | +2.4% | |
| $23,650.2 billion | +2.3% | |
| $23,641.8 billion | +2.6% | |
| $23,501.8 billion | +2.9% | |
| $23,320.1 billion | +3.3% | |
| $23,116.0 billion | +2.9% | |
| $23,033.3 billion | +3.4% | |
| $22,828.8 billion | +3.2% | |
| $22,577.6 billion | +2.7% | |
| $22,456.9 billion | +2.3% | |
| $22,272.5 billion | +1.2% | |
| $22,124.4 billion | +2.2% | |
| $21,976.3 billion | +2.3% | |
| $21,945.7 billion | +4.0% | |
| $22,001.6 billion | +5.8% | |
| $21,641.7 billion | +5.3% | |
| $21,474.1 billion | +12.6% | |
| $21,106.6 billion | +1.9% | |
| $20,791.9 billion | −0.9% |
Show 16 more rows
| Quarter | Value | Change over a year |
|---|---|---|
| $20,558.9 billion | −1.4% | |
| $19,078.0 billion | −7.4% | |
| $20,709.2 billion | +1.4% | |
| $20,985.4 billion | +3.4% | |
| $20,843.3 billion | +2.8% | |
| $20,602.3 billion | +2.2% | |
| $20,431.6 billion | +1.9% | |
| $20,304.9 billion | +2.1% | |
| $20,276.2 billion | +3.1% | |
| $20,150.5 billion | +3.3% | |
| $20,044.1 billion | +3.3% | |
| $19,882.4 billion | +3.0% | |
| $19,660.8 billion | +2.4% | |
| $19,506.9 billion | +2.3% | |
| $19,398.3 billion | +2.1% | |
| $19,304.4 billion | +2.2% |
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- BEA publishes each quarter three times, as an advance estimate about a month after the quarter ends and as a second and a third estimate in the two months after, and revises it again in its annual updates. This page shows the newest estimate of every quarter, so an earlier quarter can differ from the figure first published.
- Chained dollars are not additive: the parts of real GDP do not add up to the total, and BEA's tables show a residual for that. The level depends on the reference year BEA uses, which changes in its comprehensive updates; the changes over time do not.
- The changes and the ranks are ours, worked out from the values BEA publishes; a change is in percent.
- This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA.
Observed . Checked .
How to cite this
U.S. Bureau of Economic Analysis, National Income and Product Accounts, Real gross domestic product, chained dollars, through the third quarter of 2026. Compiled by 500metrics, "How much does the US economy produce, with prices held constant?", https://500metrics.com/real-gdp.
Can the data be downloaded?real-gdp.csv
Download the full history as CSV: 319 rows, to , 6,898 bytes.
Our text and compilation: CC BY 4.0.
Recession dates from the National Bureau of Economic Research.
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