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economy

US vs Japan GDP 2024: Economy Size Comparison

The US has a significantly larger GDP at approximately $27.4 trillion compared to Japan's $4.2 trillion, making the US economy roughly 6.5 times larger. This difference reflects the US's larger population, higher per capita income, and broader industrial base.

United States Economy

United States Economy

World's largest nominal economy with dominance in technology, finance, and services sectors.

Investors analyzing global economic trends, multinational corporations, financial market analysis, and technology sector opportunities

Score63%
VS
JE

Japan Economy

Mature, technology-driven developed economy with low unemployment and high per capita wealth

Investors in manufacturing, automotive, and electronics sectors; companies studying lean production and industrial efficiency; researchers analyzing aging economy solutions

Score63%

Quick Answer

AI Summary

The US has a significantly larger GDP at approximately $27.4 trillion compared to Japan's $4.2 trillion, making the US economy roughly 6.5 times larger. This difference reflects the US's larger population, higher per capita income, and broader industrial base.

Our Verdict

AI-assisted

The United States has a decisively larger economy in absolute terms with a GDP 6.5x larger than Japan's, reflecting its bigger population and higher per-capita wealth. However, Japan demonstrates stronger manufacturing efficiency with a higher percentage of GDP from manufacturing (19.3% vs 11.8%), making it more industrially concentrated. Choose the US for analyzing global economic dominance and financial markets; choose Japan for studying manufacturing excellence and efficiency in advanced industrial economies.

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United States Economy
8.8/10
Japan Economy
6.2/10
J
United States Economy

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Investors analyzing global economic trends, multinational corporations, financial market analysis, and technology sector opportunities

J

Choose Japan Economy if

Investors in manufacturing, automotive, and electronics sectors; companies studying lean production and industrial efficiency; researchers analyzing aging economy solutions

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Key Differences at a Glance

  • Total GDP (2024):United States Economy wins($27.4 trillion USD vs $4.2 trillion USD)
  • GDP per Capita (2024):United States Economy wins($81,284 USD vs $31,546 USD)
  • Population (2024):United States Economy wins(337 million vs 124 million)
See all 7 differences

Key Facts & Figures

257 numeric metrics compared

MetricUnited States EconomyJapan EconomyRatio
Total Nominal GDP 2026(USD Trillion)$30.0-30.5 trillion
Global EV Production Share(%)17%
Global Battery (LFP) Production(%)~6%
Global Manufacturing Output(%)~16%
Unemployment Rate 2026 (Projected)(%)~3.8-4.0%
Global EV Market Share(%)20-25%
Projected GDP Growth Rate 2026(percent)2.2%
Government Defense Expenditure(USD Billions)$925.8 billion
Government Health Expenditure(USD Million)$4.18 trillion (2024)
Tariff Impact Risk on GDP(Percentage Points)0.3-0.5%
Total GDP 2026(USD Trillions)30.0+
Government Defense Expenditure 2024(billion USD)$925.8 billion
Government Health Expenditure 2024(billion USD)$4,175 billion
Education Expenditure Per Capita 2023(USD)$4,481
EV Production Share(% of global)~20%
Solar Panel Manufacturing(% of global)6%
Global Solar Panel Production(%)~10%
GDP Growth Rate (2026)(%)2.0-2.5%
Defence Expenditure (2024)(billion USD)€925.8 billion
Expected GDP Growth Rate 2026(%)2.0-2.5%
Global EV Production Market Share(percent)25-30% of global EVs
Solar Panel Production(% of global)8-10%
Unemployment Rate Projection(%)~4.0%
2026 GDP Growth Target(percent)2.0-2.5%
Health Expenditure (Government)(million USD)$4,175,432 million (2024)
Defense Expenditure(Million Euros)€925,796.8 million
Per Capita GDP 2026(USD)$89,000
Total Government Expenditure 2024(USD Billion)$10,266.8
Defense Expenditure 2024(USD Billion)$925.8
Battery Production (LFP)(Percent (%))~6% of global
Government Defense Expenditure (2024)(billion €)€925.8 billion
GDP Growth Rate (2026 Target)(%)2.0-2.5%
LFP Battery Production Share(%)6%
Tariff Impact Risk to GDP(percentage points)Minimal
AI Adoption Growth Contribution(percentage points)0.4-0.6%
Lithium Iron Phosphate Battery Production(%)~15%
Per Capita GDP (Nominal)(USD)$89,000+
Global Solar Panel Production Share(%)9%
Potential Tariff Impact on GDP Growth(percentage points)0.2-0.4pp
AI Adoption Boost to Growth(Percentage Points)0.3-0.5% (from AI investment)
Real GDP Growth Rate 2026(Percent)2.2%
Lithium Iron Phosphate Battery Production Share(%)4%
EV Production (Global Share)(%)15%
Solar Panel Production (Global Share)(%)12%
Potential Tariff Impact (2026-2027)(billion USD annual reduction)$50-150B
PPP-Adjusted GDP 2026(USD trillion)$31.5 trillion
Projected Annual GDP Growth Rate(percent)2.1%
Global Economic Ranking 2026(rank)1st
Government Debt-to-GDP Ratio(%)127%
Population(millions)339 million123 million
Annual R&D Investment(USD billion)$809 billion
Unemployment Rate Forecast 2026(percent)~4.0%
Average EV Cost (Entry Model)(USD (converted))$35,000-45,000
GDP Per Capita (Nominal)(USD)$94,430
GDP per Capita 2026(USD)$94,430
GDP Gap vs Competitor(USD Trillions)$11.1 trillion ahead
Global Economic Ranking(Rank)1st
GDP as Percentage of Global Economy(Percent)~25-26% of global GDP
Global Economic Rank 2026(rank)1st
Projected Global Rank 2031(rank)1st (maintained)
Expected Consumption Growth 2026(%)~1.8%
Share of Global GDP 2026(percent)26.2%
Total Nominal GDP (2026)(USD Trillion)$28.0 trillion
GDP Per Capita (Nominal, 2026)(USD)$85,000
Gross Domestic Product (GDP)(USD trillion)$27.4 trillion$4.2 trillion
Government Expenditure(USD Million)€10,217,935.3 million
Education Expenditure Per Capita(USD)$3,981
Fragile States Index(score)44.5
GDP Growth Rate (YoY)(Percentage)~2.8%
Exchange Rate vs Euro(EUR conversion)1 EUR = 1.1797 USD
GDP Growth Rate 2026(%)2.0-2.4%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))2.0%
GDP per Capita (estimated 2026)(USD)$96,500+
GDP Advantage Over Rival(USD Trillion)$11.53 trillion lead
Total Annual GDP(USD trillions)$27.23 trillion
Government Debt as % of GDP(percent)122.27%
Government Expenditure as % of GDP(percent)37.74%
Defence Expenditure(USD billions)$925.8 billion
Projected Economic Growth 2026(percent)3.5%
GDP Per Capita (2024)(USD)$81,500$31,546
Population (2024)(Millions)336 million124 million
Annual Real GDP Growth Rate (2024)(Percent)2.8%2.6%
Manufacturing Sector Contribution(Percent of GDP)11.8%19.3%
Share of Global GDP(% of world economy)25.5%3.9%
Median Population Age(Years)38.5 years48.7 years
Gross Domestic Product (2024)(USD trillions)$27.4 trillion
Nominal GDP (2025)(USD trillion)$27.4 trillion$4.2 trillion
Unemployment Rate (2025)(%)4.2%
Inflation Rate (2025)(%)2.9%
Annual Automotive Exports(USD billion)$156 billion
Global Fortune 500 Companies(count)167 companies
Exports as % of GDP(percent)11.2%
Nominal GDP (2024)(USD Trillions)$27.4T
Real GDP Growth Rate (2024)(Percent Annual)2.1%
GDP Per Capita (2024)(USD)$82,000
Foreign Exchange Reserves(USD Trillions)$0.13T
Unemployment Rate (2024)(Percent)4.1%
Global Manufacturing Share(Percent of Global)12%
Tech Sector Market Capitalization(USD Trillions)$15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)
Median Population Age(Years)38.9 years
Total Exports(USD trillions)$2.1 trillion
Total GDP 2024(USD Trillion)$27.4 trillion
GDP Per Capita 2024(USD)$82,000
GDP Per Capita(USD)$84,400$39,300
Real GDP Growth Rate (2024)(percent)2.7%1.2%
Total Merchandise Trade Volume(USD trillion)$2.4 trillion
Foreign Direct Investment Inflows(USD billion)$285 billion (2023)
Nominal Gross Domestic Product(USD trillion)$27.4 trillion$4.2 trillion
GDP Per Capita(USD)$82,500$32,100
Unemployment Rate(%)4.1%2.5%
Government Debt-to-GDP Ratio(%)123%264%
Average Annual Wage(USD)$62,400$39,200
Inflation Rate(%)2.8%2.5%
Population(millions)339 million123 million
Global Venture Capital Share(%)65%8%
GDP Growth Rate(% annually)2.5%
Per Capita GDP(USD)$85,240
Foreign Exchange Reserves(USD trillions)$0.13 trillion$1.2T
Total Debt-to-GDP Ratio(%)123%
Annual Exports(USD trillion)$2.1 trillion$925 billion
R&D Spending(USD billion)3.5%
GDP Growth Rate (2025)(% annual)2.1%
Per Capita GDP (PPP)(USD)$80,412
E-commerce as % of Retail(percentage)16.3%
Government Debt-to-GDP(Percent)123%264%
Technology Sector Market Cap(USD trillions)$12.8 trillion
Total GDP (2024)(USD trillions)$27.4 trillion$4.2 trillion
Total Population(Millions)340 million125 million
Renewable Energy Share(%)21% of electricity
Nominal GDP(USD trillion)$27.4 trillion$4.2 trillion
Fortune 500 Companies(Count)135 companies
Total Annual Exports(USD trillion)$2.1 trillion
National Debt(trillion USD)$33.2 trillion
Annual GDP Growth Rate(percent)2.1%1.2%
Manufacturing Sector Share(% of GDP)11%
Service Sector Share(% of GDP)80.1%
Foreign Direct Investment (Annual)(billion USD)$285 billion
Projected GDP in 2030(USD trillion)$31.2 trillion
Global Manufacturing Share(percent)16%8%
Trade Surplus/Deficit(USD Billions)-$73 billion deficit
Manufacturing Output (Global Share)(Percent)12%
Unemployment Rate (2024)(percent)4.1%2.5%
Trade Balance (Annual)(USD Billions)-$773 billion (deficit)
Debt-to-GDP Ratio(percent)123%
Total Merchandise Exports(USD Trillions)$2.3T
GDP Growth Rate 2023(Percent Annual)2.5%
Manufacturing Share of GDP(Percent)11.5%
Public Debt to GDP Ratio(%)130%264%
Unemployment Rate 2024(Percent)4.1%
Defense Spending(USD billion)$820 billion
Annual Patent Filings(thousands)714,000
GDP at Purchasing Power Parity(USD trillion)$27.4 trillion
Real GDP Growth Rate(% annually)2.1%1.2%
Global Export Share(% of global exports)8.2%
GDP by Purchasing Power Parity(trillion USD)$28.0 trillion
Annual Trade Balance(USD billions)-$773 billion (deficit)
Foreign Direct Investment Annual Inflow(USD Billions)$285 billion
Annual Real GDP Growth Rate(%)2.5%
Trade Balance (2024)(USD Billions)-$73.1 billion
Working-Age Population Growth Rate(% Annual Change)+0.4% (growing)
Total GDP (Nominal)(USD Trillion)$27.9 trillion
Manufacturing Output(USD trillion)11%
National Debt to GDP Ratio(%)123%264%
Average Annual Wage(USD)$68,420
Patent Filings (Annual)(millions)0.38 million
Annual R&D Spending(USD Billion)$809 billion
Manufacturing Share of Global Output(percent)17%
EV Market Penetration (Domestic)(%)9.8%
Stock Market Capitalization (2024)(USD trillions)$42.8 trillion
Global Manufacturing Output Share(percent)16%
Total Trade Volume (2024)(USD Trillions)$7.1 trillion
Manufacturing as Percentage of GDP(percent)11.8%
Foreign Direct Investment Inflows (2024)(USD Billions)$269 billion
Labor Force Participation Rate(percentage)63.0%
Federal/National Debt as % of GDP(percentage)123%
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)$14.2 trillion
Average Annual GDP Growth Rate (2010-2023)(%)2.4%
Purchasing Power Parity GDP(USD trillion)$28.2 trillion
Global Economic Share(%)26% of world GDP
Foreign Direct Investment Inflow (2023)(USD Billion)$285 billion
GDP Growth Rate (2024)(%)2.5%
Gini Coefficient (Income Inequality)(Index (0-100))0.41
Healthcare Spending (% of GDP)(%)17.3%
Trade Balance(billion USD annually)-$773 billion deficit+$229B
Inflation Rate(%)3.2%2.8%
Median Age(years)38.9 years49.2
Public Debt as Percentage of GDP(%)123%
Patent Filings in Technology(Annual count)398,144
Foreign Direct Investment(billion USD annually)$370 billion
Working Age Population(million people)170 million workers
Nominal GDP (2026)(trillion USD)$28.7 trillion
Foreign Direct Investment (2025)(billion USD)$285 billion
Tech Sector Market Cap(USD trillions)$12.4 trillion
Global Manufacturing Share (2024)(percent)16%
Patent Filings Annually (2023)(thousand filings)615,000
Inflation Rate (2024)(Percent)2.6%
Foreign Currency Reserves(USD trillions)$0.13 trillion
GDP Per Capita (PPP)(USD)$76,398
Manufacturing as % of GDP(Percent)11.2%18.9%
Patent Filings (2024)(thousands filed)415,000
Stock Market Capitalization(trillion USD)$50+ trillion (US exchanges)$5.2 trillion
Average Annual Wage (Tech Sector)(USD)$120,000
Per Capita Income(USD)$76,500
Renewable Energy Capacity(Gigawatts)680 GW
Global Trade Volume Share(%)8.2%
Federal Debt-to-GDP Ratio(%)123%
Total GDP(trillion USD)$27.4 trillion
Annual Growth Rate(%)2.7%
Manufacturing Sector(percent of GDP)12%
Technology Sector(percent of GDP)12%
World GDP Share(percent)32.4%
Healthcare Spending % of GDP(percent)16.9%
Renewable Energy Generation(percent)21.6%
Share of Global Manufacturing Output(Percent)16%
Total Trade Volume(trillion USD)$2.9 trillion
Nominal GDP (2024)(USD trillion)$27.4 trillion
Nominal GDP 2026(trillion USD)$28.7 trillion
Manufacturing Output Share(% of global)18%7.2%
Tech Sector Market Capitalization(USD trillion)$12.5 trillion
Projected GDP 2030(USD trillion)$32 trillion
Services Sector Share of GDP(Percent (%))80%
Global GDP Share(%)26%
Nominal Gross Domestic Product(USD trillions)$28.7 trillion
PPP-Adjusted GDP(USD trillions)$28.7 trillion
Global Trade Exports(USD Trillions)$2.1 trillion
Share of Global GDP (2024)(Percent)31%
Venture Capital Investment(USD billion)$189 billion
Total Gross Domestic Product(USD Trillions)$27.4 trillion$4.2 trillion
Unemployment Rate(percent)4.2%2.5%
Services Sector Share(percent of GDP)82%
Gini Coefficient (Inequality)(0-1 scale)41.1
Gross Domestic Product(USD trillion)$28.7 trillion$4.2 trillion
National Debt as % of GDP(percent)123%264%
Average Annual GDP Growth (2015-2024)(Percent)2.1%1.2%
Gross Domestic Product(USD trillion)$27.4 trillion
Annual GDP Growth Rate(%)2.5%
Gini Coefficient (Income Inequality)(0-1 scale)0.41
Statutory Minimum Wage(USD/hour)$7.25
Labor Productivity(USD/hour)$68.40
Manufacturing as % of GDP(%)11.8%
Venture Capital Investment(USD billion)$119 billion
Foreign Direct Investment Inflow(Billion USD)$382 billion
Annual Merchandise Exports(Trillion USD)$2.1 trillion
Annual GDP Growth Rate (2020-2026 Average)(percent)2.4%
Global Trade Share(percent)8.2%
Fortune 500 Tech Companies(companies)195 companies
Tech Patent Filings (Annual)(Count)285,000
EV Production Market Share(% of Global)18%
Total Nominal GDP(USD trillions)$28.7 trillion
Research & Development Spending(% of GDP)3.5%
Average Annual GDP Growth Rate(% per year)2.1%
Household Savings Rate(percent of disposable income)3.4%
Foreign Direct Investment Inflows (Annual)(USD Billion)$13.2 billion$13.2 billion
Manufacturing Sector Share of Economy(%)20% (high-tech focused)20% (high-tech focused)
Population Over 65 Years(Percent)28%28%
Foreign Direct Investment (2024)(USD Billions)$26 billion$26 billion
Patent Applications Filed (2023)(Count (thousands))310,000310,000

Sourced from publicly available data ·

Key Differences

7 attributes compared head-to-head

United States Economy
6United States Economy
United States Economy leads
JE
1Japan Economy
  • Total GDP (2024)

    United States Economy

    $27.4 trillion USD(winner)

    Japan Economy

    $4.2 trillion USD

  • GDP per Capita (2024)

    United States Economy

    $81,284 USD(winner)

    Japan Economy

    $31,546 USD

  • Population (2024)

    United States Economy

    337 million(winner)

    Japan Economy

    124 million

  • Annual GDP Growth Rate (2024)

    United States Economy

    2.8%(winner)

    Japan Economy

    2.6%

  • Share of Global GDP

    United States Economy

    26.3%(winner)

    Japan Economy

    4.0%

  • Labor Force Size (millions)

    United States Economy

    165 million(winner)

    Japan Economy

    75 million

  • Manufacturing Sector Contribution to GDP

    United States Economy

    11.8%

    Japan Economy

    19.3%(winner)

Full Comparison

United States Economy
JJapan Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
PPP-Adjusted GDP 2026(USD trillion)
$31.5 trillion
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
Gross Domestic Product (2024)(USD trillions)
$27.4 trillion
Nominal GDP (2025)(USD trillion)
$27.4 trillion
$4.2 trillion
Show 7 more attributes
Nominal GDP (2024)(USD Trillions)
$27.4T
Total GDP 2024(USD Trillion)
$27.4 trillion
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
$4.2 trillion
Total GDP (2024)(USD trillions)
$27.4 trillion
$4.2 trillion
GDP by Purchasing Power Parity(trillion USD)
$28.0 trillion
Nominal GDP (2026)(trillion USD)
$28.7 trillion
Total Gross Domestic Product(USD Trillions)
$27.4 trillion
$4.2 trillion
Global EV Production Share(%)
17%
Global Battery (LFP) Production(%)
~6%
Global Manufacturing Output(%)
~16%
Unemployment Rate 2026 (Projected)(%)
~3.8-4.0%
Unemployment Rate Projection(%)
~4.0%
Unemployment Rate Forecast 2026(percent)
~4.0%
Unemployment Rate (2025)(%)
4.2%
Unemployment Rate (2024)(Percent)
4.1%
Show 6 more attributes
Unemployment Rate(%)
4.1%
2.5%
Unemployment Rate (2024)(percent)
4.1%
2.5%
Unemployment Rate 2024(Percent)
4.1%
Labor Force Participation Rate(percentage)
63.0%
Unemployment Rate(percent)
4.2%
2.5%
Statutory Minimum Wage(USD/hour)
$7.25
Advanced Semiconductor Market Leadership(Qualitative)
Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes
AI Chip Technology Leadership(competitive ranking)
Global leader in design and manufacturing
Semiconductor & Chip Design Leadership(Qualitative)
Global market leader
AI Adoption Growth Contribution(percentage points)
0.4-0.6%
Tech Sector Market Cap(USD trillions)
$12.4 trillion
Global EV Market Share(%)
20-25%
Tariff Impact on GDP (2026 risk)(percentage points reduction)
Moderate exposure
Projected GDP Growth Rate 2026(percent)
2.2%
GDP Growth Rate (YoY)(Percentage)
~2.8%
Annual Real GDP Growth Rate (2024)(Percent)
2.8%
2.6%
Annual GDP Growth Rate(percent)
2.1%
1.2%
GDP Growth Rate (2024)(%)
2.5%
Show 2 more attributes
Average Annual GDP Growth (2015-2024)(Percent)
2.1%
1.2%
Annual GDP Growth Rate(%)
2.5%
Government Defense Expenditure(USD Billions)
$925.8 billion
Government Defense Expenditure 2024(billion USD)
$925.8 billion
Defence Expenditure (2024)(billion USD)
€925.8 billion
Total Government Expenditure 2024(USD Billion)
$10,266.8
Government Defense Expenditure (2024)(billion €)
€925.8 billion
Show 1 more attribute
Government Expenditure(USD Million)
€10,217,935.3 million
Government Health Expenditure(USD Million)
$4.18 trillion (2024)
Tariff Impact Risk on GDP(Percentage Points)
0.3-0.5%
Potential Tariff Impact on GDP(USD billion)
Minimal (exporter advantage)
Total GDP 2026(USD Trillions)
30.0+
Gross Domestic Product (GDP)(USD trillion)
$27.4 trillion
$4.2 trillion
Total Annual GDP(USD trillions)
$27.23 trillion
Total GDP (Nominal)(USD Trillion)
$27.9 trillion
Total GDP(trillion USD)
$27.4 trillion
Show 3 more attributes
Nominal GDP (2024)(USD trillion)
$27.4 trillion
Gross Domestic Product(USD trillion)
$27.4 trillion
Total Nominal GDP(USD trillions)
$28.7 trillion
Government Health Expenditure 2024(billion USD)
$4,175 billion
Education Expenditure Per Capita 2023(USD)
$4,481
Education Expenditure Per Capita(USD)
$3,981
EV Production Share(% of global)
~20%
Semiconductor Technology Tier(nanometers)
Leading edge (3nm and below)
Solar Panel Manufacturing(% of global)
6%
Tariff Impact Risk 2026(% GDP reduction)
Minimal negative impact
Global Solar Panel Production(%)
~10%
Solar Panel Production(% of global)
8-10%
Semiconductor Technology Leadership(index (0-100))
Leading in design and manufacturing
Global EV Production Market Share(percent)
25-30% of global EVs
GDP Growth Rate (2026)(%)
2.0-2.5%
Expected GDP Growth Rate 2026(%)
2.0-2.5%
GDP Growth Rate (2026 Target)(%)
2.0-2.5%
Real GDP Growth Rate 2026(Percent)
2.2%
Real GDP Growth Rate (2024)(percent)
2.7%
1.2%
Show 3 more attributes
GDP Growth Rate(% annually)
2.5%
Annual Real GDP Growth Rate(%)
2.5%
Annual GDP Growth Rate (2020-2026 Average)(percent)
2.4%
2026 GDP Growth Target(percent)
2.0-2.5%
GDP Growth Rate 2026(%)
2.0-2.4%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
2.0%
Health Expenditure (Government)(million USD)
$4,175,432 million (2024)
Healthcare Spending % of GDP(percent)
16.9%
Defense Expenditure(Million Euros)
€925,796.8 million
Defense Expenditure 2024(USD Billion)
$925.8
Defence Expenditure(USD billions)
$925.8 billion
Per Capita GDP 2026(USD)
$89,000
Per Capita GDP (Nominal)(USD)
$89,000+
Tariff Vulnerability Impact(USD Billions)
Lower exposure
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$50-150B
Battery Production (LFP)(Percent (%))
~6% of global
Lithium Iron Phosphate Battery Production(%)
~15%
LFP Battery Production Share(%)
6%
Tariff Impact Risk to GDP(percentage points)
Minimal
Global Solar Panel Production Share(%)
9%
Potential Tariff Impact on GDP Growth(percentage points)
0.2-0.4pp
AI Adoption Boost to Growth(Percentage Points)
0.3-0.5% (from AI investment)
Lithium Iron Phosphate Battery Production Share(%)
4%
EV Production (Global Share)(%)
15%
Solar Panel Production (Global Share)(%)
12%
Projected Annual GDP Growth Rate(percent)
2.1%
Global Economic Ranking 2026(rank)
1st
Global Economic Ranking(Rank)
1st
Government Debt-to-GDP Ratio(%)
127%
Government Debt as % of GDP(percent)
122.27%
Government Debt-to-GDP Ratio(%)
123%
264%
Total Debt-to-GDP Ratio(%)
123%
Government Debt-to-GDP(Percent)
123%
264%
Show 7 more attributes
National Debt(trillion USD)
$33.2 trillion
Public Debt to GDP Ratio(%)
130%
264%
National Debt to GDP Ratio(%)
123%
264%
Federal/National Debt as % of GDP(percentage)
123%
Public Debt as Percentage of GDP(%)
123%
Federal Debt-to-GDP Ratio(%)
123%
National Debt as % of GDP(percent)
123%
264%
Population(millions)
339 million
123 million
Population (2024)(Millions)
336 million
124 million
Median Population Age(Years)
38.5 years
48.7 years
Median Population Age(Years)
38.9 years
Population(millions)
339 million
123 million
Show 3 more attributes
Total Population(Millions)
340 million
125 million
Median Age(years)
38.9 years
49.2
Population Over 65 Years(Percent)
28%
Annual R&D Investment(USD billion)
$809 billion
R&D Spending(USD billion)
3.5%
Annual Patent Filings(thousands)
714,000
Patent Filings (Annual)(millions)
0.38 million
Patent Filings in Technology(Annual count)
398,144
Show 5 more attributes
Patent Filings Annually (2023)(thousand filings)
615,000
Patent Filings (2024)(thousands filed)
415,000
Venture Capital Investment(USD billion)
$119 billion
Tech Patent Filings (Annual)(Count)
285,000
Patent Applications Filed (2023)(Count (thousands))
310,000
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
GDP Per Capita (Nominal)(USD)
$94,430
GDP per Capita 2026(USD)
$94,430
GDP per Capita (estimated 2026)(USD)
$96,500+
GDP Per Capita (2024)(USD)
$81,500
$31,546
GDP Per Capita (2024)(USD)
$82,000
Show 4 more attributes
Per Capita GDP(USD)
$85,240
Per Capita GDP (PPP)(USD)
$80,412
GDP Per Capita (PPP)(USD)
$76,398
Per Capita Income(USD)
$76,500
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion ahead
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
Data not available
Q1 2026 Industrial Output Growth(Percent Year-over-Year)
Data not available
GDP as Percentage of Global Economy(Percent)
~25-26% of global GDP
Q1 2026 Inflation Rate(Percent)
Data not available
Inflation Rate (2025)(%)
2.9%
Inflation Rate(%)
2.8%
2.5%
Inflation Rate(%)
3.2%
2.8%
Inflation Rate (2024)(Percent)
2.6%
Global Economic Rank 2026(rank)
1st
World GDP Share(percent)
32.4%
Projected Global Rank 2031(rank)
1st (maintained)
Expected Consumption Growth 2026(%)
~1.8%
Share of Global GDP 2026(percent)
26.2%
Goldman Sachs Growth Forecast 2026(%)
Not specified
GDP Per Capita (Nominal, 2026)(USD)
$85,000
Fragile States Index(score)
44.5
Exchange Rate vs Euro(EUR conversion)
1 EUR = 1.1797 USD
GDP Advantage Over Rival(USD Trillion)
$11.53 trillion lead
Government Expenditure as % of GDP(percent)
37.74%
Projected Economic Growth 2026(percent)
3.5%
Manufacturing Sector Contribution(Percent of GDP)
11.8%
19.3%
Share of Global GDP(% of world economy)
25.5%
3.9%
Global Economic Share(%)
26% of world GDP
Annual Automotive Exports(USD billion)
$156 billion
Global Fortune 500 Companies(count)
167 companies
Exports as % of GDP(percent)
11.2%
Real GDP Growth Rate (2024)(Percent Annual)
2.1%
Foreign Exchange Reserves(USD Trillions)
$0.13T
Foreign Exchange Reserves(USD trillions)
$0.13 trillion
$1.2T
Global Manufacturing Share(Percent of Global)
12%
Global Manufacturing Output Share(percent)
16%
Share of Global Manufacturing Output(Percent)
16%
Tech Sector Market Capitalization(USD Trillions)
$15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)
Total Exports(USD trillions)
$2.1 trillion
Total Merchandise Trade Volume(USD trillion)
$2.4 trillion
Total Annual Exports(USD trillion)
$2.1 trillion
Total Merchandise Exports(USD Trillions)
$2.3T
Global Export Share(% of global exports)
8.2%
Show 3 more attributes
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
Global Trade Exports(USD Trillions)
$2.1 trillion
Annual Merchandise Exports(Trillion USD)
$2.1 trillion
GDP Per Capita 2024(USD)
$82,000
GDP Per Capita(USD)
$84,400
$39,300
Nominal GDP(USD trillion)
$27.4 trillion
$4.2 trillion
Gross Domestic Product(USD trillion)
$28.7 trillion
$4.2 trillion
Foreign Direct Investment Inflows(USD billion)
$285 billion (2023)
Foreign Direct Investment Inflow (2023)(USD Billion)
$285 billion
GDP Per Capita(USD)
$82,500
$32,100
Average Annual Wage(USD)
$62,400
$39,200
Global Venture Capital Share(%)
65%
8%
Annual R&D Spending(USD Billion)
$809 billion
Research & Development Spending(% of GDP)
3.5%
Annual Exports(USD trillion)
$2.1 trillion
$925 billion
Trade Balance (Annual)(USD Billions)
-$773 billion (deficit)
Trade Balance (2024)(USD Billions)
-$73.1 billion
Global Trade Volume Share(%)
8.2%
Global Trade Share(percent)
8.2%
Show 1 more attribute
Global Trade Ranking(Position)
4th largest exporter
GDP Growth Rate (2025)(% annual)
2.1%
E-commerce as % of Retail(percentage)
16.3%
Technology Sector Market Cap(USD trillions)
$12.8 trillion
Renewable Energy Share(%)
21% of electricity
Fortune 500 Companies(Count)
135 companies
Manufacturing Sector Share(% of GDP)
11%
Service Sector Share(% of GDP)
80.1%
Manufacturing Share of GDP(Percent)
11.5%
Manufacturing as Percentage of GDP(percent)
11.8%
Manufacturing as % of GDP(Percent)
11.2%
18.9%
Show 6 more attributes
Manufacturing Sector(percent of GDP)
12%
Technology Sector(percent of GDP)
12%
Services Sector Share of GDP(Percent (%))
80%
Services Sector Share(percent of GDP)
82%
Manufacturing as % of GDP(%)
11.8%
Manufacturing Sector Share of Economy(%)
20% (high-tech focused)
Foreign Direct Investment (Annual)(billion USD)
$285 billion
Foreign Direct Investment (2024)(USD Billions)
$26 billion
Projected GDP in 2030(USD trillion)
$31.2 trillion
Projected GDP 2030(USD trillion)
$32 trillion
Global Manufacturing Share(percent)
16%
8%
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
Manufacturing Output (Global Share)(Percent)
12%
Global Manufacturing Share (2024)(percent)
16%
Manufacturing Output Share(% of global)
18%
7.2%
Debt-to-GDP Ratio(percent)
123%
GDP Growth Rate 2023(Percent Annual)
2.5%
Average Annual GDP Growth Rate(% per year)
2.1%
Defense Spending(USD billion)
$820 billion
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
Real GDP Growth Rate(% annually)
2.1%
1.2%
Annual Trade Balance(USD billions)
-$773 billion (deficit)
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
Venture Capital Investment(USD billion)
$189 billion
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
Manufacturing Output(USD trillion)
11%
Average Annual Wage(USD)
$68,420
Manufacturing Share of Global Output(percent)
17%
EV Market Penetration (Domestic)(%)
9.8%
Stock Market Capitalization (2024)(USD trillions)
$42.8 trillion
Foreign Direct Investment Inflows (2024)(USD Billions)
$269 billion
Foreign Direct Investment(billion USD annually)
$370 billion
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$14.2 trillion
Tech Sector Market Capitalization(USD trillion)
$12.5 trillion
Average Annual GDP Growth Rate (2010-2023)(%)
2.4%
Annual Growth Rate(%)
2.7%
Purchasing Power Parity GDP(USD trillion)
$28.2 trillion
Gini Coefficient (Income Inequality)(Index (0-100))
0.41
Healthcare Spending (% of GDP)(%)
17.3%
Trade Balance(billion USD annually)
-$773 billion deficit
+$229B
Working Age Population(million people)
170 million workers
Foreign Direct Investment (2025)(billion USD)
$285 billion
Foreign Currency Reserves(USD trillions)
$0.13 trillion
Stock Market Capitalization(trillion USD)
$50+ trillion (US exchanges)
$5.2 trillion
Average Annual Wage (Tech Sector)(USD)
$120,000
Renewable Energy Capacity(Gigawatts)
680 GW
Renewable Energy Generation(percent)
21.6%
Total Trade Volume(trillion USD)
$2.9 trillion
Nominal GDP 2026(trillion USD)
$28.7 trillion
Nominal Gross Domestic Product(USD trillions)
$28.7 trillion
PPP-Adjusted GDP(USD trillions)
$28.7 trillion
Global GDP Share(%)
26%
Share of Global GDP (2024)(Percent)
31%
Gini Coefficient (Inequality)(0-1 scale)
41.1
Gini Coefficient (Income Inequality)(0-1 scale)
0.41
Labor Productivity(USD/hour)
$68.40
Foreign Direct Investment Inflow(Billion USD)
$382 billion
Fortune 500 Tech Companies(companies)
195 companies
EV Production Market Share(% of Global)
18%
Household Savings Rate(percent of disposable income)
3.4%
Foreign Direct Investment Inflows (Annual)(USD Billion)
$13.2 billion

Pros & Cons

10 pros·6 cons across both

United States Economy
JE
United States Economy

United States Economy

+5-3

Pros

  • World's largest GDP at $27.4 trillion, representing 26.3% of global GDP
  • Highest per capita GDP at $81,284, indicating strong individual wealth
  • Largest labor force globally at 165 million workers
  • Dominant in technology, finance, and services sectors (68% of GDP)
  • Consistent 2.8% annual GDP growth rate demonstrates economic resilience

Cons

  • Lower manufacturing percentage (11.8% of GDP) shows shift from goods production
  • High national debt relative to GDP at 123% creates fiscal constraints
  • Income inequality (Gini coefficient 0.41) higher than most developed nations
JE

Japan Economy

+5-3

Pros

  • Highest manufacturing efficiency with 19.3% of GDP from manufacturing sector
  • Global leader in automotive exports (9.2% of world automotive market)
  • Strong electronics and robotics industries contributing $1.2 trillion annually
  • Lower unemployment rate at 2.5% versus US 3.9%
  • High per capita GDP of $31,546 despite smaller population reflects productivity

Cons

  • Significantly smaller total GDP at $4.2 trillion (6.5x less than US)
  • Aging population (29.1% age 65+) creating workforce and pension challenges
  • Slower economic growth rate of 2.6% versus US 2.8%, reflecting demographic headwinds

Frequently Asked Questions

5 questions

  1. The US economy is 6.5x larger primarily due to higher per capita GDP ($81,284 vs $31,546). The US has a younger, more dynamic population, larger labor force participation, higher productivity in technology and services sectors, and greater consumer spending. Additionally, the US has a 2.7x larger population (337M vs 124M), which compounds the difference in total economic output.

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