The United States of America is the top country by real GDP in the world. As of 2016, real GDP in the United States of America was 16,865,603 million US dollars that accounts for 22.43 % of the world's real GDP. The top 5 countries (others are China, Japan, Germany, and France) account for 51.85 % of it. The world's total real GDP was estimated at 75,202,948 million US dollars in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.