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economy

US vs UK Economy 2026: Size, Growth & Performance

The US economy is approximately 5 times larger than the UK economy by nominal GDP ($28.7 trillion vs $3.3 trillion in 2026), with higher growth rates and greater global economic influence, while the UK economy is more service-oriented and trade-dependent, serving as a major global financial hub.

United States Economy

United States Economy

World's largest economy with diversified industries spanning technology, manufacturing, finance, and energy sectors

Global investors seeking exposure to diversified economic growth, multinational corporations, and long-term wealth creation across multiple sectors

Score63%
VS
UK

United Kingdom Economy

Highly service-oriented economy centered on financial services, fintech, and professional services with significant global influence

Financial investors seeking exposure to global capital markets, fintech and professional services investments, and economies with lower unemployment and greater labor market efficiency

Score56%

Quick Answer

AI Summary

The US economy is approximately 5 times larger than the UK economy by nominal GDP ($28.7 trillion vs $3.3 trillion in 2026), with higher growth rates and greater global economic influence, while the UK economy is more service-oriented and trade-dependent, serving as a major global financial hub.

Our Verdict

AI-assisted

The US economy dominates in absolute scale, growth potential, and per-capita wealth, making it the world's largest economic power with diverse industrial bases. The UK economy excels as a concentrated services hub with world-leading financial markets and higher employment stability. Choose the US economy if analyzing global economic trends and manufacturing capacity; choose the UK if examining financial services, fintech innovation, or concentrated economic efficiency.

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United States Economy
8.3/10
United Kingdom Economy
6.7/10
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United States Economy

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Global investors seeking exposure to diversified economic growth, multinational corporations, and long-term wealth creation across multiple sectors

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Choose United Kingdom Economy if

Financial investors seeking exposure to global capital markets, fintech and professional services investments, and economies with lower unemployment and greater labor market efficiency

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Key Differences at a Glance

  • Nominal GDP (2026):United States Economy wins($28.7 trillion vs $3.3 trillion)
  • GDP Growth Rate (2024-2025):United States Economy wins(2.8% annual average vs 1.2% annual average)
  • Per Capita GDP:United States Economy wins($85,200 vs $48,500)
See all 7 differences

Key Facts & Figures

220 numeric metrics compared

MetricUnited States EconomyUnited Kingdom 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€77,817.7 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(trillion USD)$31.5 trillion
Projected Annual GDP Growth Rate(percent)2.1%
Global Economic Ranking 2026(rank)1st
Government Debt to GDP Ratio(Percent)123%
Population(Millions)335 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 trillion
Government Expenditure(USD Million)€10,217,935.3 million€1,491,801.8 million
Education Expenditure Per Capita(USD)$3,981$2,203
Fragile States Index(score)44.540.8
GDP Growth Rate (YoY)(Percentage)~2.8%0.8%
Exchange Rate vs Euro(EUR conversion)1 EUR = 1.1797 USD1 EUR = 0.8717 GBP
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$3.55 trillion
Government Debt as % of GDP(percent)122.27%99.90%
Government Expenditure as % of GDP(percent)37.74%43.68%
Defence Expenditure(USD billions)$925.8 billion$77.8 billion
Projected Economic Growth 2026(percent)3.5%1.0%
GDP per capita (2024)(USD)$81,500
Population (2024)(Millions)336 million
Annual Real GDP Growth Rate (2024)(Percent)2.8%
Manufacturing Sector Contribution(Percent of GDP)11.8%
Share of Global GDP(% of world economy)25.5%
Median Population Age(Years)38.5 years
Gross Domestic Product (2024)(USD Trillions)$27.4 trillion
Nominal GDP (2025)(USD trillion)$27.4 trillion
Unemployment Rate (2025)(percent)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%
Total GDP 2024(USD Trillion)$27.4 trillion
GDP per Capita 2024(USD)$82,000
Nominal GDP (2024)(USD Trillion)$27.4 trillion
GDP Per Capita(USD)$82,000$57,602
Real GDP Growth Rate (2024)(Percent)2.5%
Total Merchandise Trade Volume(USD trillion)$2.4 trillion
Foreign Direct Investment Inflows(billion USD)$285 billion (2023)
Nominal Gross Domestic Product(USD trillion)$27.4 trillion
GDP per Capita(USD)$82,500
Unemployment Rate(%)4.1%
Government Debt-to-GDP Ratio(%)123%
Average Annual Wage(USD)$62,400
Inflation Rate(%)2.8%
Population(millions)339 million
Global Venture Capital Share(%)65%
GDP Growth Rate(% annually)2.5%
Per Capita GDP(USD)$85,200$48,500
Foreign Exchange Reserves(USD trillions)$0.13 trillion
Manufacturing Output Share(Percent of Global)16%
Total Debt-to-GDP Ratio(%)123%
Annual Exports(USD trillion)$2.1 trillion
R&D Spending(% of GDP)3.5%
GDP Growth Rate (2025)(% annual)2.1%
Per Capita GDP (PPP)(USD)$76,398
E-commerce as % of Retail(percentage)16.3%
Government Debt-to-GDP(Percent)123%
Technology Sector Market Cap(USD trillions)$12.8 trillion
Total GDP (2024)(USD trillions)$27.4 trillion
Total Population(Billion)340 million
Renewable Energy Share(%)21% of electricity
Nominal GDP(USD trillion)$28.7 trillion$3.3 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(%)2.8%1.2%
Manufacturing Sector Share(% of GDP)11%9%
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(%)12.5%
Trade Surplus/Deficit(USD Billions)-$73 billion deficit
Manufacturing Output (Global Share)(Percent)12%
Unemployment Rate (2024)(Percent)4.1%
Trade Balance (Annual)(USD Billions)-$773 billion (deficit)
Debt-to-GDP Ratio(%)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%101%
Unemployment Rate 2024(Percent)4.1%
Defense Spending(USD billion)$820 billion
Annual Patent Filings(Thousands)625,000
GDP at Purchasing Power Parity(USD trillion)$27.4 trillion
Real GDP Growth Rate(%)2.1%
Global Export Share(% of global exports)8.2%
GDP by Purchasing Power Parity(USD Trillions)$31.4 trillion
Annual Trade Balance(USD Billions)-$773 billion
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)$27.4 trillion
Manufacturing Output(USD Trillions)$2.4 trillion
National Debt-to-GDP Ratio(Percent)123%
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
Nominal Gross Domestic Product(trillion USD)$27.4 trillion
Manufacturing as Percentage of GDP(percent)11.8%
Foreign Direct Investment Inflows (2024)(USD Billions)$269 billion
PPP-Adjusted GDP(USD trillion)$27.7 trillion
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)(0-1 scale)0.41
Healthcare Spending (% of GDP)(%)17.3%
Trade Balance(billion USD annually)-$773 billion deficit
Inflation Rate(Percent)3.4%
Median Age(Years)38.9 years
Public Debt as Percentage of GDP(%)123%
Patent Filings in Technology(Annual count)398,144
Foreign Direct Investment(USD billions annually)$285 billion
Working-Age Population(Millions)209 million
Nominal GDP (2026)(USD trillions)$28.7 trillion
Foreign Direct Investment (2025)(USD Billion)$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%
Patent Filings (2024)(Thousands)415,000
Stock Market Capitalization(USD Trillion)$42 trillion
Average Annual Wage (Tech Sector)(USD)$120,000
Per Capita Income(USD)$76,500
Renewable Energy Capacity(GW)680 GW
Global Trade Volume Share(%)8.2%
Federal Debt-to-GDP Ratio(%)123%
Total GDP(USD Trillion)$27.4T
Annual Growth Rate(percent)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 2026(USD Trillion)$28.7 trillion
Services Sector Share of GDP(percent)80%
Global GDP Share(percent)25.4%
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
Unemployment Rate(%)4.2%3.8%
Services Sector Share(% of GDP)82%88%
Gini Coefficient (Inequality)(index 0-100)41.137.8

Sourced from publicly available data ·

Key Differences

7 attributes compared head-to-head

United States Economy
4United States Economy
United States Economy leads
UK
3United Kingdom Economy
  • Nominal GDP (2026)

    United States Economy

    $28.7 trillion(winner)

    United Kingdom Economy

    $3.3 trillion

  • GDP Growth Rate (2024-2025)

    United States Economy

    2.8% annual average(winner)

    United Kingdom Economy

    1.2% annual average

  • Per Capita GDP

    United States Economy

    $85,200(winner)

    United Kingdom Economy

    $48,500

  • Unemployment Rate (2026)

    United States Economy

    4.2%

    United Kingdom Economy

    3.8%(winner)

  • Services Sector % of GDP

    United States Economy

    82%

    United Kingdom Economy

    88%(winner)

  • Manufacturing % of GDP

    United States Economy

    11%(winner)

    United Kingdom Economy

    9%

  • Global Financial Center Index Ranking

    United States Economy

    2nd (New York)

    United Kingdom Economy

    1st (London)(winner)

Full Comparison

United States Economy
UUnited Kingdom Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
Total GDP 2024(USD Trillion)
$27.4 trillion
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
Total GDP (2024)(USD trillions)
$27.4 trillion
Show 7 more attributes
GDP by Purchasing Power Parity(USD Trillions)
$31.4 trillion
Total GDP (Nominal)(USD Trillion)
$27.4 trillion
Nominal Gross Domestic Product(trillion USD)
$27.4 trillion
PPP-Adjusted GDP(USD trillion)
$27.7 trillion
Nominal GDP (2026)(USD trillions)
$28.7 trillion
Nominal GDP 2026(USD Trillion)
$28.7 trillion
Total Gross Domestic Product(USD Trillions)
$27.4 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)(percent)
4.2%
Unemployment Rate (2024)(Percent)
4.1%
Show 3 more attributes
Unemployment Rate 2024(Percent)
4.1%
Labor Force Participation Rate(percentage)
63.0%
Unemployment Rate(%)
4.2%
3.8%
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%
0.8%
Annual Real GDP Growth Rate (2024)(Percent)
2.8%
Annual GDP Growth Rate(%)
2.8%
1.2%
GDP Growth Rate (2024)(%)
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
€1,491,801.8 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 trillion
Total Annual GDP(USD trillions)
$27.23 trillion
$3.55 trillion
Nominal GDP (2025)(USD trillion)
$27.4 trillion
Nominal GDP (2024)(USD Trillion)
$27.4 trillion
Show 2 more attributes
Nominal GDP(USD trillion)
$28.7 trillion
$3.3 trillion
Total GDP(USD Trillion)
$27.4T
Government Health Expenditure 2024(billion USD)
$4,175 billion
Education Expenditure Per Capita 2023(USD)
$4,481
Education Expenditure Per Capita(USD)
$3,981
$2,203
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)
2.5%
Show 3 more attributes
GDP Growth Rate(% annually)
2.5%
Real GDP Growth Rate(%)
2.1%
Annual Real GDP Growth Rate(%)
2.5%
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
€77,817.7 million
Defense Expenditure 2024(USD Billion)
$925.8
Defence Expenditure(USD billions)
$925.8 billion
$77.8 billion
Per Capita GDP 2026(USD)
$89,000
Per Capita GDP (Nominal)(USD)
$89,000+
GDP Per Capita (Nominal)(USD)
$94,430
GDP Per Capita(USD)
$82,000
$57,602
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%
PPP-Adjusted GDP 2026(trillion USD)
$31.5 trillion
Projected Annual GDP Growth Rate(percent)
2.1%
Global Economic Ranking 2026(rank)
1st
Global Economic Ranking(Rank)
1st
Government Debt to GDP Ratio(Percent)
123%
Government Debt as % of GDP(percent)
122.27%
99.90%
Government Debt-to-GDP Ratio(%)
123%
Total Debt-to-GDP Ratio(%)
123%
Government Debt-to-GDP(Percent)
123%
Show 7 more attributes
National Debt(trillion USD)
$33.2 trillion
Debt-to-GDP Ratio(%)
123%
Public Debt to GDP Ratio(%)
130%
101%
National Debt-to-GDP Ratio(Percent)
123%
Federal/National Debt as % of GDP(percentage)
123%
Public Debt as Percentage of GDP(%)
123%
Federal Debt-to-GDP Ratio(%)
123%
Population(Millions)
335 million
Population (2024)(Millions)
336 million
Median Population Age(Years)
38.5 years
Population(millions)
339 million
Total Population(Billion)
340 million
Show 2 more attributes
Median Age(Years)
38.9 years
Working-Age Population(Millions)
209 million
Annual R&D Investment(USD billion)
$809 billion
Annual Patent Filings(Thousands)
625,000
Patent Filings (Annual)(millions)
0.38 million
Patent Filings in Technology(Annual count)
398,144
Patent Filings Annually (2023)(thousand filings)
615,000
Show 1 more attribute
Patent Filings (2024)(Thousands)
415,000
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
GDP per Capita 2026(USD)
$94,430
GDP per Capita (estimated 2026)(USD)
$96,500+
GDP per Capita 2024(USD)
$82,000
GDP per Capita(USD)
$82,500
Per Capita GDP(USD)
$85,200
$48,500
Show 2 more attributes
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(%)
2.8%
Inflation Rate(Percent)
3.4%
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
40.8
Exchange Rate vs Euro(EUR conversion)
1 EUR = 1.1797 USD
1 EUR = 0.8717 GBP
GDP Advantage Over Rival(USD Trillion)
$11.53 trillion lead
Government Expenditure as % of GDP(percent)
37.74%
43.68%
Projected Economic Growth 2026(percent)
3.5%
1.0%
GDP per capita (2024)(USD)
$81,500
Inflation Rate (2025)(%)
2.9%
Manufacturing Sector Contribution(Percent of GDP)
11.8%
Share of Global GDP(% of world economy)
25.5%
Global Economic Share(%)
26% of world GDP
Global GDP Share(percent)
25.4%
Gross Domestic Product (2024)(USD Trillions)
$27.4 trillion
Annual Automotive Exports(USD billion)
$156 billion
Global Fortune 500 Companies(count)
167 companies
Exports as % of GDP(percent)
11.2%
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%
Annual Trade Balance(USD Billions)
-$773 billion
Show 2 more attributes
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
Global Trade Exports(USD Trillions)
$2.1 trillion
Foreign Direct Investment Inflows(billion USD)
$285 billion (2023)
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
Venture Capital Investment(USD billion)
$189 billion
Unemployment Rate(%)
4.1%
Average Annual Wage(USD)
$62,400
Global Venture Capital Share(%)
65%
R&D Spending(% of GDP)
3.5%
Annual R&D Spending(USD Billion)
$809 billion
Foreign Exchange Reserves(USD trillions)
$0.13 trillion
Manufacturing Output Share(Percent of Global)
16%
Manufacturing Output (Global Share)(Percent)
12%
Global Manufacturing Share (2024)(percent)
16%
Annual Exports(USD trillion)
$2.1 trillion
Trade Balance (Annual)(USD Billions)
-$773 billion (deficit)
Trade Balance (2024)(USD Billions)
-$73.1 billion
Global Trade Volume Share(%)
8.2%
GDP Growth Rate (2025)(% annual)
2.1%
Per Capita GDP (PPP)(USD)
$76,398
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%
9%
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%
Show 4 more attributes
Manufacturing Sector(percent of GDP)
12%
Technology Sector(percent of GDP)
12%
Services Sector Share of GDP(percent)
80%
Services Sector Share(% of GDP)
82%
88%
Foreign Direct Investment (Annual)(billion USD)
$285 billion
Foreign Direct Investment (2025)(USD Billion)
$285 billion
Projected GDP in 2030(USD trillion)
$31.2 trillion
Global Manufacturing Share(%)
12.5%
Global Manufacturing Output Share(percent)
16%
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
GDP Growth Rate 2023(Percent Annual)
2.5%
Annual Growth Rate(percent)
2.7%
Defense Spending(USD billion)
$820 billion
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
Manufacturing Output(USD Trillions)
$2.4 trillion
Share of Global Manufacturing Output(Percent)
16%
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
Stock Market Capitalization(USD Trillion)
$42 trillion
Foreign Direct Investment Inflows (2024)(USD Billions)
$269 billion
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
Foreign Direct Investment Inflow (2023)(USD Billion)
$285 billion
Gini Coefficient (Income Inequality)(0-1 scale)
0.41
Healthcare Spending (% of GDP)(%)
17.3%
Trade Balance(billion USD annually)
-$773 billion deficit
Foreign Direct Investment(USD billions annually)
$285 billion
Foreign Currency Reserves(USD trillions)
$0.13 trillion
Average Annual Wage (Tech Sector)(USD)
$120,000
Renewable Energy Capacity(GW)
680 GW
Renewable Energy Generation(percent)
21.6%
Total Trade Volume(trillion USD)
$2.9 trillion
Share of Global GDP (2024)(Percent)
31%
Gini Coefficient (Inequality)(index 0-100)
41.1
37.8

Pros & Cons

10 pros·7 cons across both

United States Economy
UK
United States Economy

United States Economy

+5-3

Pros

  • Largest nominal GDP at $28.7 trillion with 23% of global economic output
  • Higher GDP growth rate of 2.8% annually, outpacing peer developed economies
  • Superior per capita income of $85,200 reflecting higher productivity and wages
  • Dominant technology and innovation sector with 65% of global venture capital funding
  • Significant manufacturing base with 11% of GDP from industrial production

Cons

  • Higher unemployment rate at 4.2% compared to UK's 3.8%
  • Larger wealth inequality with Gini coefficient of 41.1 vs UK's 37.8
  • Greater fiscal debt burden at 130% of GDP with structural deficits
UK

United Kingdom Economy

+5-4

Pros

  • Lowest unemployment rate among major economies at 3.8%, indicating tight labor market
  • World's leading financial services hub with London hosting 37% of global currency trading
  • Higher services concentration at 88% of GDP providing stability and export value
  • Global fintech leader with 22% of world's fintech unicorns based in London
  • Strong professional services sector generating 12% of total exports

Cons

  • Significantly smaller economy at $3.3 trillion, 8.8x smaller than US by nominal GDP
  • Slower growth rate of 1.2% annually, among lowest in developed nations
  • Lower per capita GDP of $48,500, approximately 43% below US levels
  • Heavy trade dependency with exports comprising 31% of GDP vs US at 10%

Frequently Asked Questions

5 questions

  1. The US economy is 8.7 times larger primarily due to: (1) population difference of 335 million vs 67 million; (2) greater geographic and natural resource diversity; (3) higher labor productivity driven by advanced technology adoption; (4) larger domestic consumer market enabling economies of scale; and (5) more diversified industrial base spanning energy, manufacturing, technology, and services sectors.

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