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What is 'Gross Domestic Product - GDP'. Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well.
The statistic shows the gross domestic product (GDP) of the United States from 2010 to 2015, with projections up until 2020. The gross domestic product of the United States in 2015 amounted to around 18.04 trillion U.S. dollars. For comparison, the GDP of China had amounted to 10.43 trillion U.S. dollars, marking the second-largest economy in the world. See U.S. GDP per capita for more information.