MarketXLS

Real Gross Domestic Product 24.3T for 

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

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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
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⋮
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

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 updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted Annual Rate
UnitBillions of Chained 2017 Dollars

Stats
Last Value24.3T
Latest PeriodQ2 2026
Last UpdatedAugust 26 2026, 07:49
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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