Economy of the United States

The ' is a highly developed market .

It has the world's largest in terms of nominal GDP and net worth, and the second-largest in terms of purchasing power parity (PPP) after .

The possesses the world's most technologically advanced and inventive .

Its companies are at or near the cutting edge of scientific advancements, particularly in artificial intelligence, computers, pharmaceuticals, and medical, aeronautical, and .

Population 332,403,650 (1-Jan-2022)
GDP $24.79 (est 2022)
GDP rank1st (nominal; 2022) 2nd (PPP; 2022)
GDP per capita $74,725 (est 2022)
GDP per capita rank7th (nominal; 2022) 8th (PPP; 2022)
Average gross salary$63,093 (2018)
Median gross salary $1,010 weekly (Q4, 2021)
Exports $2.127 (2020)
Main export partners   Canada  Mexico  China  
Imports $2.808 (2020)
Main import partners China    Mexico  Canada  
Gross external debt $21.3 ( 2020)
debt 128.6% of GDP (FY 2020)
Foreign reserves$41.8 billion (August 2020)

The dollar is the most widely used in transactions and the world's primary reserve , supported by its , , the petrodollar , and a significant U.S. treasury market.

It is the official of certain nations and the de facto of others.

, the , , , , , South Korea, the , and Taiwan are the top trading partners of the .

The is the world's greatest importer and the world's second-largest exporter.

It has free agreements in or negotiations with a of nations, including the USMCA, , South Korea, , and others.

Last Updated on 1 year by pinc