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The latest 2024 and, where available, 2025 estimates for Gross Domestic Product (GDP)

WHAT IS THE UNITED STATES, NEW ZEALAND, DENMARK, NORWAY, SWEDEN GROSS DOMESTIC PRODUCT FOR 2024 OR 2025?


United States (2024)

  • Nominal GDP: Real GDP grew 2.8% in 2024 relative to 2023, as per the U.S. Bureau of Economic Analysis Bureau of Economic Analysis.

  • Nominal GDP size: Estimated at $28.487 trillion in current-price terms by the end of 2024 World Economics.

  • Outlook for 2025: Forecasts suggest real GDP growth of about 1.4% in 2025 Deloitte.

New Zealand (2024)

  • Nominal GDP (World Bank): $260.24 billion (current USD) Trading Economics.

  • Alternative estimate (Infometrics): GDP was NZD 418,823.8 million (~$261 billion USD) in the year to March 2024 Infometrics.

  • PPP Estimate (World Economics): Around $289 billion in PPP terms, with a 2025 projection of $294 billion PPP World Economics.

Denmark (2024)

Norway (2024)

  • Nominal GDP: Approximately $483.73 billion (USD) Trading Economics.

  • 2025 Estimate: Wikipedia gives a figure of $506.47 billion nominal GDP for 2025 and $597.42 billion PPP for 2025 Wikipedia.

  • Real GDP Growth: Grew 2.1% in 2024, according to constant-price measures SSBTrading Economics.

Sweden (2024)

Summary Table

Country

2024 GDP (Nominal, USD)

2024 GDP (PPP, USD)

2025 Estimate (Nominal USD / PPP)

United States

~$28.49 trillion

Growth ≈ 1.4% (real)

New Zealand

~$260 billion

~$289 billion

~$294 billion PPP

Denmark

~$425 billion

~$431 billion

Norway

~$484 billion

~$506 billion nominal / ~$597 billion PPP

Sweden

~$620 billion

~$800 billion

Real growth ~1.9%

Notes & Interpretations

  • Nominal GDP reflects current USD values; PPP GDP adjusts for purchasing-power differences and can differ significantly (especially for smaller economies).

  • For the U.S., figures reflect growth rate and level. The ~$28.5 trillion refers to 2024 annual GDP in nominal terms.

  • For New Zealand, figures vary depending on source. The World Bank's nominal USD figure (~$260 bn) is standard, while the PPP and local-currency estimates provide broader context.

  • Denmark and Norway figures align closely between World Bank and national data sources.

  • Sweden’s figures include both nominal and PPP, as well as growth expectations.


📚 References

Bureau of Economic Analysis. (2025, February 28). Gross domestic product, 4th quarter and year 2024 (second estimate). U.S. Department of Commerce. https://www.bea.gov/news/2025/gross-domestic-product-4th-quarter-and-year-2024-second-estimate

Deloitte. (2025, February). United States economic forecast: 1st quarter 2025. Deloitte Insights. https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html

Infometrics. (2024). New Zealand GDP growth: Year to March 2024. https://rep.infometrics.co.nz/new-zealand/economy/growth

Trading Economics. (2025). New Zealand GDP. https://tradingeconomics.com/new-zealand/gdp

World Economics. (2025). New Zealand GDP data and forecast. https://www.worldeconomics.com/GDP/New%20Zealand.aspx

Trading Economics. (2025). Denmark GDP. https://tradingeconomics.com/denmark/gdp

Wikipedia. (2025). Economy of Denmark. In Wikipedia. https://en.wikipedia.org/wiki/Economy_of_Denmark

Statistics Norway. (2025, February 11). Weak growth in the Norwegian economy in 2024. Statistics Norway (SSB). https://www.ssb.no/en/nasjonalregnskap-og-konjunkturer/nasjonalregnskap/statistikk/nasjonalregnskap/artikler/Weak-growth-in-the-Norwegian-economy-in-2024

Wikipedia. (2025). Economy of Norway. In Wikipedia. https://en.wikipedia.org/wiki/Economy_of_Norway

International Monetary Fund. (2025). Sweden: Country data. IMF DataMapper. https://www.imf.org/external/datamapper/profile/SWE

Wikipedia. (2025). Economy of Sweden. In Wikipedia. https://en.wikipedia.org/wiki/Economy_of_Sweden

✍️Citations

  • U.S. GDP was approximately $28.5 trillion in 2024 (Bureau of Economic Analysis, 2025).

  • New Zealand’s GDP reached about $260 billion in 2024 (Trading Economics, 2025; World Economics, 2025).

  • Denmark’s economy was valued at roughly $425 billion in 2024 (Trading Economics, 2025).

  • Norway’s GDP in 2024 was $484 billion, with forecasts of $506 billion in 2025 (Statistics Norway, 2025; Wikipedia, 2025).

  • Sweden’s GDP was $620 billion nominal and $800 billion PPP in 2024 (International Monetary Fund, 2025; Wikipedia, 2025).

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