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COUNTRY FACT SHEET: UNITED STATES
      
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PROFILE
Population in 2016 (Millions): 323~
Capital: Washington, D.C.
Government: Republic


ECONOMY 2014 2015 2016~
Nominal GDP (Current Billions $U.S.) 17,393 18,037 18,569
Nominal GDP Per Capita (Current $US) 54,560 56,175 57,436
Real GDP Growth Rate (% change) 2.37 2.60 1.62
Real GDP Growth Rate Per Capita (% change) 1.63 1.86 .918
Consumer Prices (% change) 1.61 .120 1.28
Unemployment (% of labor force) 6.17 5.26 4.85
Economic Mix in 2015: 20% All Industries; 12.3% Manufactures; 78.9% Services; 1.1% Agriculture


FOREIGN TRADE ($US Millions) 2014 2015 2016
Trade in Goods and Services (BOP)
United States Exports to World 2,376,578 2,261,165 2,212,076
United States Imports from World 2,866,757 2,761,519 2,712,637
United States Trade Balance with World -490,179 -500,354 -500,561
Detail on Merchandise Trade
U.S. Exports to World (% Change) 2.75 -7.32 -3.47
U.S. Imports from World (% Change) 3.90 -4.59 -2.69
U.S. Exports to World* 1,621,874 1,503,101 1,451,011
U.S. Imports from World* 2,356,356 2,248,183 2,187,805
U.S. Trade Balance with World* -734,482 -745,082 -736,794
United States Position in (Reported) World Trade:
United States Rank Among World Import Suppliers 2 2 2
United States Rank Among World Export Markets 1 1 1
United States Share (%) as a Supplier of World Imports 8.76 9.31 9.90
United States Share (%) as a Market for World Exports 12.77 14.33 15.23
Principal U.S. Exports to the World in 2016:Principal U.S. Imports from the World in 2016:
1. Transportation Equipment (19%)1. Transportation Equipment (17.1%)
2. Computer & Electronic Products (13.9%)2. Computer & Electronic Products (17%)
3. Chemicals (12.7%)3. Chemicals (9.8%)
4. Machinery, Except Electrical (8.6%)4. Machinery, Except Electrical (6.9%)
5. Miscellaneous Manufactured Commodities (5.4%)5. Miscellaneous Manufactured Commodities (5.4%)


FOREIGN DIRECT INVESTMENT 2014 2015 2016
U.S. FDI Abroad (US $Millions) 4,910,065 5,048,773 5,332,225
World FDI in U.S. (US $Millions) 2,945,795 3,303,586 3,725,418


DOING BUSINESS/ECONOMIC FREEDOM RANKINGS
World Bank Doing Business in 2016 Rank: 8 of 190
Heritage/WSJ 2016 Index of Freedom Rank: 17 of 180




Source: Created by USDOC/ITA/OTEA-TPIS from many sources: FDI from USDOC, Bureau of Economic Analysis. US Trade from USDOC,Census Bureau,Foreign Trade Division. United States Trade with World from the United Nations where available. National Macroeconomic data from the IMF and the World Bank databases including and Business Ranking and World Development Indicators (2016 releases). .WORLD and other country aggregates are summaries of available UN COMTRADE, IMF and other data, and coverage varies over time and by source, but typically represents greater than 85 percent of world trade and production. Note: Principal U.S. Exports and Imports Are 3-digit NAICS Categories.
~ Estimate from December 2016
* Trade is on a Census Basis and cannot be subtracted from Goods and Services to Calculate Total Trade in Services

The Trade Policy Information System is designed and operated by the Office of Trade and Economic Analysisfor the U.S. Department of Commerce, International Trade Administration.