Annual growth rate of per capita GDP in chained 2009 dollars

Sub-categories

Choose categories from the dropdowns below to see different breakdowns of the data. Some will not be available until a higher level is chosen.

Download headline data (.csv) Download source data (.csv)

Download source data for disaggregations (.csv)

Headline data

US annual growth rate of per capita GDP in chained (2012) US dollars
Year Value Units
2000 2.9 Percent
2001 0.0 Percent
2002 0.7 Percent
2003 1.9 Percent
2004 2.9 Percent
2005 2.5 Percent
2006 1.8 Percent
2007 1.0 Percent
2008 -0.8 Percent
2009 -3.4 Percent
2010 1.8 Percent
2011 0.8 Percent
2012 1.5 Percent
2013 1.4 Percent
2014 1.7 Percent
2015 2.1 Percent
2016 1.0 Percent
2017 1.8 Percent
2018 2.4 Percent
2019 1.9 Percent
2020 -2.6 Percent
2021 5.6 Percent
2022 1.6 Percent
2023 2.0 Percent

Source: Selected Per Capita Product and Income Series in Current and Chained Dollars

Geographical Area:

Unit of Measurement:

Footnote:

This table provides metadata for the actual indicator available from United States statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from American statistics, this table should be consulted for information on national methodology and other American-specific metadata information.

Indicator

Annual growth rate of real GDP per capita
Organisation

Bureau of Economic Analysis
Unit of measure

Percentage change
Data sources

Table 7.1. Selected Per Capita Product and Income Series in Current and Chained Dollars
Data providers

Andrew Craig
Method of computation

Difference between current year GDP per capita and previous year GDP per capita divided by previous year GDP per capita
Actual indicator available - description

Year-over-year percentage change in chained (2017) dollar Gross Domestic Product per capita
Date of national source publication

7/25/2024
Periodicity

Annual
Scheduled update by national source

8/29/2024
Date metadata updated

8/1/2024
Time period

2000 - 2023

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator

Indicator 8.1.1: Annual growth rate of real GDP per capita
Target

Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
Organisation

United Nations Statistics Division (UNSD)
Definition and concepts

Annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as the percentage

change in the real GDP per capita between two consecutive years. Real GDP per capita is calculated by

dividing GDP at constant prices by the population of a country or area. The data for real GDP are

measured in constant US dollars to facilitate the calculation of country growth rates and aggregation of

the country data.
Unit of measure

Annual growth rate of real GDP per capita: Percent (%)

GDP: US dollars

Population: Number
Data sources

The underlying annual GDP estimates in domestic currency are collected from countries or areas annually through a national accounts questionnaire (NAQ), while the underlying population estimates are obtained from the UN Population Division on https://population.un.org/wpp/Download/Standard/Population/
Data providers

National statistics offices, central banks or national agencies responsible for compiling official national accounts estimates for a country or area.

Comment and limitations

Although countries or areas calculate GDP using the common principles and recommendations in the United Nations System of National Accounts (SNA), there are still problems in international comparability of GDP estimates. These include:

  1. Different versions of the SNA (for example, 1968, 1993 or 2008) countries or areas use in calculating their GDP estimates.
  2. Different degree of coverage of informal and non-observed economic activities in the GDP estimates.

Further, as a necessary condition to being a key economic performance indicator of sustainable development, one of the often-cited limitations of GDP is that it does not account for the social and environmental costs of production. It is designed as a measure of the level of overall well-being. For example, growth in real GDP per capita reveals nothing concerning energy and material interactions with the environment.
Method of computation

The annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as follows:

  1. Convert annual real GDP in domestic currency at 2015 prices for a country or area to US dollars at 2015 prices using the 2015 exchange rates.
  2. Divide the result by the population of the country or area to obtain annual real GDP per capita in constant US dollars at 2015 prices.
  3. Calculate the annual growth rate of real GDP per capita in year t+1 using the following formula: G t + 1 - G t G t × 100 , where Gt+1 is the real GDP per capita in 2015 US dollars in year t+1 and Gt is the real GDP per capita in 2015 US dollars in year t.
Metadata update

2024-03-28
International organisations(s) responsible for global monitoring

United Nations Statistics Division (UNSD)
Related indicators

Any economic statistics related SDG indicator
Back to top