MarketXLS

Real Gross Domestic Product

24.3T for Q2 2026

Real Gross Domestic Product came in at 24.3T for Q2 2026, up 0.37% from 24.2T the prior quarter and 2.10% above its level of 23.8T one year ago. The series has averaged 10.4T since 1947, reaching a record high of 24.3T in April 2026 and a record low of 2.172T in July 1947.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Real Gross Domestic Product," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/real-gdp

Historical Data

Observation dateValue
April 1, 202624.3T
January 1, 202624.2T
October 1, 202524.1T
July 1, 202524T
April 1, 202523.8T
January 1, 202523.5T
October 1, 202423.6T
July 1, 202423.5T
April 1, 202423.3T
January 1, 202423.1T
October 1, 202323T
July 1, 202322.8T
April 1, 202322.6T
January 1, 202322.4T
October 1, 202222.3T
July 1, 202222.1T
April 1, 202222T
January 1, 202221.9T
October 1, 202122T
July 1, 202121.6T
April 1, 202121.4T
January 1, 202121.1T
October 1, 202020.8T
July 1, 202020.6T
April 1, 202019.1T
January 1, 202020.7T
October 1, 201921T
July 1, 201920.8T
April 1, 201920.6T
January 1, 201920.4T
October 1, 201820.3T
July 1, 201820.3T
April 1, 201820.2T
January 1, 201820T
October 1, 201719.9T
July 1, 201719.7T
April 1, 201719.5T
January 1, 201719.4T
October 1, 201619.3T
July 1, 201619.2T
April 1, 201619.1T
January 1, 201619T
October 1, 201518.9T
July 1, 201518.9T
April 1, 201518.8T
January 1, 201518.7T
October 1, 201418.5T
July 1, 201418.4T
April 1, 201418.2T
January 1, 201418T
October 1, 201318T
July 1, 201317.9T
April 1, 201317.7T
January 1, 201317.7T
October 1, 201217.5T
July 1, 201217.5T
April 1, 201217.4T
January 1, 201217.4T
October 1, 201117.2T
July 1, 201117T
April 1, 201117T
January 1, 201116.9T
October 1, 201017T
July 1, 201016.9T
April 1, 201016.7T
January 1, 201016.6T
October 1, 200916.5T
July 1, 200916.3T
April 1, 200916.3T
January 1, 200916.3T
October 1, 200816.5T
July 1, 200816.9T
April 1, 200816.9T
January 1, 200816.8T
October 1, 200716.9T
July 1, 200716.8T
April 1, 200716.7T
January 1, 200716.6T
October 1, 200616.6T
July 1, 200616.4T
April 1, 200616.4T
January 1, 200616.4T
October 1, 200516.1T
July 1, 200516T
April 1, 200515.9T
January 1, 200515.8T
October 1, 200415.7T
July 1, 200415.5T
April 1, 200415.4T
January 1, 200415.2T
October 1, 200315.2T
July 1, 200315T
April 1, 200314.7T
January 1, 200314.6T
October 1, 200214.5T
July 1, 200214.5T
April 1, 200214.5T
January 1, 200214.4T
October 1, 200114.3T
July 1, 200114.2T
April 1, 200114.3T
January 1, 200114.2T
October 1, 200014.2T
July 1, 200014.1T
April 1, 200014.1T
January 1, 200013.9T
October 1, 199913.8T
July 1, 199913.6T
April 1, 199913.4T
January 1, 199913.3T
October 1, 199813.2T
July 1, 199813T
April 1, 199812.8T
January 1, 199812.7T
October 1, 199712.6T
July 1, 199712.5T
April 1, 199712.3T
January 1, 199712.1T
October 1, 199612T
July 1, 199611.9T
April 1, 199611.8T
January 1, 199611.6T
October 1, 199511.5T
July 1, 199511.5T
April 1, 199511.4T
January 1, 199511.3T
October 1, 199411.3T
July 1, 199411.2T
April 1, 199411.1T
January 1, 199410.9T
October 1, 199310.8T
July 1, 199310.7T
April 1, 199310.6T
January 1, 199310.6T
October 1, 199210.6T
July 1, 199210.4T
April 1, 199210.3T
January 1, 199210.2T
October 1, 199110.1T
July 1, 199110.1T
April 1, 199110T
January 1, 19919.952T
October 1, 19909.999T
July 1, 199010.1T
April 1, 199010.1T
January 1, 199010T
October 1, 19899.939T
July 1, 19899.919T
April 1, 19899.846T
January 1, 19899.772T
October 1, 19889.673T
July 1, 19889.546T
April 1, 19889.491T
January 1, 19889.368T
October 1, 19879.319T
July 1, 19879.162T
April 1, 19879.083T
January 1, 19878.986T
October 1, 19868.92T
July 1, 19868.873T
April 1, 19868.789T
January 1, 19868.749T
October 1, 19858.668T
July 1, 19858.604T
April 1, 19858.475T
January 1, 19858.401T
October 1, 19848.32T
July 1, 19848.252T
April 1, 19848.174T
January 1, 19848.035T
October 1, 19837.881T
July 1, 19837.72T
April 1, 19837.568T
January 1, 19837.4T
October 1, 19827.304T
July 1, 19827.301T
April 1, 19827.329T
January 1, 19827.296T
October 1, 19817.411T
July 1, 19817.492T
April 1, 19817.404T
January 1, 19817.459T
October 1, 19807.316T
July 1, 19807.182T
April 1, 19807.19T
January 1, 19807.342T
October 1, 19797.319T
July 1, 19797.3T
April 1, 19797.246T
January 1, 19797.239T
October 1, 19787.226T
July 1, 19787.13T
April 1, 19787.059T
January 1, 19786.796T
October 1, 19776.775T
July 1, 19776.774T
April 1, 19776.654T
January 1, 19776.528T
October 1, 19766.451T
July 1, 19766.405T
April 1, 19766.37T
January 1, 19766.324T
October 1, 19756.185T
July 1, 19756.102T
April 1, 19756T
January 1, 19755.957T
October 1, 19746.03T
July 1, 19746.054T
April 1, 19746.112T
January 1, 19746.097T
October 1, 19736.15T
July 1, 19736.092T
April 1, 19736.125T
January 1, 19736.059T
October 1, 19725.912T
July 1, 19725.815T
April 1, 19725.76T
January 1, 19725.633T
October 1, 19715.531T
July 1, 19715.518T
April 1, 19715.473T
January 1, 19715.444T
October 1, 19705.3T
July 1, 19705.357T
April 1, 19705.308T
January 1, 19705.301T
October 1, 19695.309T
July 1, 19695.335T
April 1, 19695.3T
January 1, 19695.284T
October 1, 19685.202T
July 1, 19685.182T
April 1, 19685.142T
January 1, 19685.058T
October 1, 19674.956T
July 1, 19674.919T
April 1, 19674.873T
January 1, 19674.87T
October 1, 19664.828T
July 1, 19664.788T
April 1, 19664.748T
January 1, 19664.732T
October 1, 19654.619T
July 1, 19654.515T
April 1, 19654.417T
January 1, 19654.362T
October 1, 19644.259T
July 1, 19644.246T
April 1, 19644.181T
January 1, 19644.136T
October 1, 19634.05T
July 1, 19634.024T
April 1, 19633.937T
January 1, 19633.893T
October 1, 19623.851T
July 1, 19623.839T
April 1, 19623.792T
January 1, 19623.758T
October 1, 19613.692T
July 1, 19613.621T
April 1, 19613.553T
January 1, 19613.494T
October 1, 19603.47T
July 1, 19603.515T
April 1, 19603.498T
January 1, 19603.517T
October 1, 19593.44T
July 1, 19593.43T
April 1, 19593.428T
January 1, 19593.352T
October 1, 19583.289T
July 1, 19583.214T
April 1, 19583.141T
January 1, 19583.121T
October 1, 19573.204T
July 1, 19573.237T
April 1, 19573.206T
January 1, 19573.213T
October 1, 19563.193T
July 1, 19563.141T
April 1, 19563.144T
January 1, 19563.118T
October 1, 19553.13T
July 1, 19553.111T
April 1, 19553.07T
January 1, 19553.021T
October 1, 19542.937T
July 1, 19542.88T
April 1, 19542.848T
January 1, 19542.845T
October 1, 19532.859T
July 1, 19532.903T
April 1, 19532.919T
January 1, 19532.897T
October 1, 19522.844T
July 1, 19522.754T
April 1, 19522.734T
January 1, 19522.728T
October 1, 19512.699T
July 1, 19512.693T
April 1, 19512.639T
January 1, 19512.594T
October 1, 19502.559T
July 1, 19502.511T
April 1, 19502.418T
January 1, 19502.346T
October 1, 19492.257T
July 1, 19492.276T
April 1, 19492.253T
January 1, 19492.261T
October 1, 19482.292T
July 1, 19482.29T
April 1, 19482.277T
January 1, 19482.24T
October 1, 19472.206T
July 1, 19472.172T
April 1, 19472.177T
January 1, 19472.183T

About Real Gross Domestic Product

What it measures

Real Gross Domestic Product (FRED series GDPC1) measures the inflation-adjusted value of all goods and services produced in the United States. The Bureau of Economic Analysis publishes it quarterly in chained dollars, with advance, second, and third estimates released roughly one, two, and three months after each quarter ends.

Why it matters

Real GDP is the broadest single gauge of US economic activity, and its trajectory anchors Federal Reserve policy debates, corporate earnings expectations, and recession calls. Two consecutive quarterly declines are a common informal recession signal, though the NBER uses a wider set of indicators. Equity and bond markets react to surprises versus consensus forecasts.

How to read it

Focus on the annualized quarter-over-quarter growth rate rather than the dollar level. Sustained growth near the economy's long-run trend suggests balanced expansion; sharply above-trend readings can foreshadow inflation pressure, while contractions signal recession risk. Early estimates are revised, sometimes substantially, so treat any single print with caution and watch the revision pattern.

Get Real Gross Domestic Product in Excel

Pull Real Gross Domestic Product directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=RealGDP()

View the Real Gross Domestic Product formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Real Gross Domestic Product?

Real Gross Domestic Product is 24.3T as of April 2026.

What is the all-time high and low of Real Gross Domestic Product?

The highest value on record is 24.3T (April 2026) and the lowest is 2.172T (July 1947).

How often is Real Gross Domestic Product updated?

Real Gross Domestic Product is published on a quarterly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Real Gross Domestic Product in Excel?

Use the MarketXLS Excel formula =RealGDP() to pull Real Gross Domestic Product directly into any cell, with historical values available for analysis.

Basic info
Real gross domestic product (Real GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given time frame (expressed in base-year prices) and is often referred to as constant-price GDP
RegionUnited States
FrequencyQuarterly
Last updatedJuly 30, 2026
Seasonal adjustmentSeasonally Adjusted Annual Rate
UnitBillions of Chained 2017 Dollars

Stats
Last Value24.3T
Latest PeriodQ2 2026
Last UpdatedJuly 30 2026, 10:08
Value Previous Quarter24.2T
Change From Previous Quarter0.37%
Value 1 Year Ago23.8T
Change From Year Ago2.10%
Average Growth Rate3.09%/yr
Record High (Apr 2026)24.3T
Record Low (Jul 1947)2.172T
Long-Term Average10.4T
FrequencyQuarterly
AdjustmentSeasonally Adjusted Annual Rate
UnitBillions of Chained 2017 Dollars

Annual Averages
202624.2T
202523.9T
202423.4T
202322.7T
202222.1T
202121.5T
202020.3T
201920.7T
201820.2T
201719.6T
201619.1T
201518.8T

Related Indicators
US GDP Growth Rate
Real Personal Consumption Expenditures
Real Gross Private Domestic Investment
Real Government Spending
Real Net Exports of Goods and Services
Real Exports of Goods and Services
Real imports of goods and services
Federal Receipts
Federal Net Outlays
Federal Surplus or Deficit
US Federal Debt (Total Public Debt)
Real Private Nonresidential Fixed Investment
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