what is the current gross national product of the us
$14.265 trillion
title: Economy of the United States text: economic indicators in 1980–2017. Inflation below 2 % is in green. U.S. nominal GDP was $19.5 trillion in 2017. Annualized, nominal GDP reached $20.1 trillion in Q1 2018, the first time it exceeded the $20 trillion level. About 70% of U.S. GDP is personal consumption, with business investment 18%, government 17% (federal, state and local but excluding transfer payments such as Social Security, which is in consumption) and net exports a negative 3% due to the U.S. trade deficit. Real gross domestic product, a measure of both production and income, grew by 2.3% in 2017, vs. 1.5% in 2016 and title: United States text: to the International Monetary Fund, the U.S. GDP of $16.8 trillion constitutes 24% of the gross world product at market exchange rates and over 19% of the gross world product at purchasing power parity (PPP). The nominal GDP of the U.S. is estimated to be $17.528 trillion . From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the G7. The country ranks ninth in the world in nominal GDP per capita according to the United Nations (first in the Americas) and sixth in GDP per capita at title: National debt of the United States text: As of July 31, 2018, debt held by the public was $15.6 trillion and intragovernmental holdings were $5.7 trillion, for a total of $21 trillion. As of October 28, 2018, public debt was $15.8 trillion and intragovernmental holdings were $5.8 trillion with a total of $21.7 trillion. Debt held by the public was approximately 77% of GDP in 2017, ranked 43rd highest out of 207 countries. The Congressional Budget Office forecast in April 2018 that the ratio will rise to nearly 100% by 2028, perhaps higher if current policies are extended beyond their scheduled expiration date. The national debt can title: National debt of the United States text: held by the public was $15.8 trillion and intragovernmental holdings were $5.8 trillion, for a total or "National Debt" of $21.6 trillion. Debt held by the public was approximately 77% of GDP in 2017, ranked 43rd highest out of 207 countries. The Congressional Budget Office forecast in April 2018 that the ratio will rise to nearly 100% by 2028, perhaps higher if current policies are extended beyond their scheduled expiration date. As of December 2017, $9.3 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest being China (about $1.18 trillion) then title: Economy of the United States text: relatively high degree of globalization. U.S. workers send a third of all remittances in the world. U.S. household and non-profit net worth exceeded $100 trillion for the first time in Q1 2018; it has been setting records since Q4 2012. The U.S. federal government or "national debt" was $21.1 trillion in May 2018, just over 100% GDP. Using a subset of the national debt called "debt held by the public", U.S. debt was approximately 77% GDP in 2017. By this measure, the U.S. ranked 43rd highest among 2017 nations. Debt held by the public rose considerably as a result of