 | Canadian Economy | Economy of the United States |
|---|---|---|
| Per capita GDP (nominal) | $32,614 (16th) (2006 estimate) | |
| Total GDP (nominal) | $1.089 trillion (8th) (2006 estimate) | |
| Per capita GDP (purchasing power parity) | $35,600 (10th) (2006 estimate) | |
| Total GDP (purchasing power parity) | $1.165 trillion (11th) (2006 estimate) | |
| Population Below Poverty Line | 15.1% (2010) | |
| Main Industries | highly diversified, world leading, high-technology innovator, second-largest industrial output in the world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining | |
| Main Export Partners | Canada 18.3%, Mexico 15.7%, China 8.4%, Japan 4.4% (2017) | |
| Main Import Partners | China 21.6%, Mexico 13.4%, Canada 12.8%, Japan 5.8%, Germany 5% (2017) | |
| Labor Force by Occupation | agriculture - 0.7%; industry & manufacturing - 64.8%; services - 37.3% | |
| Population | 329,256,465 (2018) | |
| Population Density | 33.5/sq km | |
| Monthly Cost of Living - Family of Four (USD) | $5009 | |
| Gross Domestic Product (GDP) per capita | $59,800 (2017) | |
| Unemployment Rate | 4.4% (2017) | |
| Gross Domestic Product (GDP) by Sector | agriculture - 0.9%; industry - 19.1%; services - 80% (2017) | |
| Human Development Index (1.00 is perfect score) | 0.791 | |
| Education Spending | 5% of GDP (2014) | |
| Literacy Rate | total population - %; male - %; female - % (20) | |
| Life Expectancy | 80.1 years (2018) | |
| Exports Income | $1.553 trillion (2017) | |
| Main Exported Goods | agricultural products (soybeans, fruit, corn), industrial supplies, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment), consumer goods (automobiles, medicines) | |
| Imports Spending | $2.361 trillion (2017) | |
| Main Imported Goods | agricultural products 4.9%, industrial supplies (crude oil), capital goods (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods (automobiles, clothing, medicines, furniture, toys) | |
| Military Spending | 3.29% of GDP (2016) | |
| Introduction (from Wikipedia) | The United States is the world's largest national economy in nominal terms and second largest according to purchasing power parity, representing 22% of nominal global GDP and 17% of gross world product. The United States' GDP was estimated to be $17. | |
| Currency | United States dollar (USD) | |
| GDP | $18.56 trillion (2016, Nominal), $18.56 trillion (2016, PPP) | |
| GDP rank | 1st (nominal); 2nd (PPP) | |
| GDP growth | 1.6% (2016), 2.6% (2015) | |
| Inflation (CPI) | 1.3% (Sep 2016) | |
| Gini coefficient | 0.482 (2015 est.) | |
| Unemployment | 4.7% (May 2016) | |
| Ease-of-doing-business rank | 8th (2017) | |
| Exports | $1.47 trillion (2016 est.) | |
| Export goods | machines, 33.9%, industrial supplies, 31.2%, consumer goods (except automotive), 12.3%, motor vehicles and components, 9.8%, food, feed, and beverages, 8.9%, other, 3.9%. (2014) | |
| Imports | $2.21 trillion (2016 est.) | |
| Import goods | capital goods 25.2%, consumer goods (except automotive) 23.8%, industrial supplies (except crude oil) 17.8%, motor vehicles and components 14.0%, crude oil 10.5%, food, feed, and beverages 5.4%, other 3.3%. (2014) | |
| FDI stock | $3.65 trillion (2016) | |
| Gross external debt | $17.91 trillion (31 December 2016 est.), note: approximately 4/5ths of US external debt is denominated in US dollars | |
| Public debt | 73.8% of GDP (2016 est.) | |
| Budget deficit | 2.9% of GDP (2016), note: for the US, revenues exclude social contributions of approximately $1.0 trillion; expenditures exclude social benefits of approximately $2.3 trillion (2015 est.) | |
| Revenues | $3.0 trillion (individual income tax, 46.2%; social insurance, 33.9%; corporate taxes, 10.6%; other, 9.3% – FY2014) | |
| Expenses | $3.5 trillion (Social Security, 24.3%; defense, 17.2%; Medicare, 14.6%; unemployment and other income security, 14.6%; Medicaid, 11.7%; interest, 6.5%; veterans, 4.3%; education and training, 2.6%; other, 4.2% – FY2014) | |
| Credit rating | Standard & Poor's: AA+ (Domestic), AA+ (Foreign), AAA (T&C Assessment), Outlook: Stable, Moody's: AAA, Outlook: Stable, Fitch: AAA, Outlook: Stable | |
| Foreign reserves | $0.14 trillion (May 16, 2014) | |
| Trade organizations | WTO, OECD, NAFTA and others | |
| GDP per capita rank | 5th (nominal); 10th (PPP) | |
| Labor force | 158.6 million (August 2016), 7.8 million unemployed (August 2016) | |
| Average gross salary | $49,000, annual, (2015) | |
| Average net salary | $40,000, annual, (2015) | |
| Economic aid | ODA $48 billion, 0.03% of GDP (2012) |
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