Rene Vallie

Us Gdp 2024 In Trillion Dollars 2024. Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028. Us gross domestic product (gdp) increased 1.9% in 2022 and another 2.5% in 2023.

In the second quarter, real gdp increased 3.0 percent. Federal outlays total 24.2 percent of gdp in 2024 and reach 24.9 percent of gdp in 2034.