What does GDP growth mean?

Annual Growth of the Real Gross Domestic Product of the United States

Introduction

The following report provides an analysis of the annual growth of the real gross domestic product (GDP) of the United States from 1990 to 2023. The data presented in this report highlights the economic progress and development of the country over the years.

Sustainable Development Goals (SDGs)

The Sustainable Development Goals (SDGs) are a set of global objectives established by the United Nations to address various social, economic, and environmental challenges. Throughout this report, we will emphasize the relevance of the SDGs in relation to the growth of the real GDP of the United States.

Annual Growth of Real GDP

The table below illustrates the annual growth rate of the real GDP of the United States from 1990 to 2023:

1. 1990: 1.9%
2. 1991: 0.7%
3. 1992: 3.5%
4. 1993: 2.8%
5. 1994: 4.0%
6. 1995: 2.7%
7. 1996: 3.8%
8. 1997: 4.5%
9. 1998: 4.5%
10. 1999: 4.8%
11. 2000: 4.1%
12. 2001: 0.8%
13. 2002: 1.8%
14. 2003: 2.8%
15. 2004: 3.8%
16. 2005: 3.5%
17. 2006: 2.7%
18. 2007: 1.8%
19. 2008: -0.1%
20. 2009: -2.5%
21. 2010: 2.6%
22. 2011: 1.6%
23. 2012: 2.2%
24. 2013: 1.8%
25. 2014: 2.5%
26. 2015: 2.9%
27. 2016: 1.6%
28. 2017: 2.2%
29. 2018: 2.9%
30. 2019: 2.2%
31. 2020: -3.5%
32. 2021: 4.6%
33. 2022: 3.5%
34. 2023: 2.2%

Conclusion

The annual growth of the real GDP of the United States has fluctuated over the years, influenced by various economic factors. It is important for the country to align its economic growth with the Sustainable Development Goals (SDGs) to ensure a sustainable and inclusive future. By addressing the social, economic, and environmental challenges outlined in the SDGs, the United States can strive towards a more prosperous and equitable society.

SDGs, Targets, and Indicators

1. SDG 8: Decent Work and Economic Growth

   • Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7% GDP growth per annum in the least developed countries
   • Indicator: Annual growth of the real gross domestic product (GDP)

The article discusses the annual growth of the real gross domestic product (GDP) of the United States from 1990 to 2023. This aligns with SDG 8, which focuses on promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. Specifically, the article addresses Target 8.1, which aims to sustain per capita economic growth. The indicator mentioned in the article, the annual growth of the real GDP, can be used to measure progress towards this target.

Source: statista.com