United States





Description of United States

The United States, a global superpower known for its economic prowess and cultural influence, stands as a beacon of innovation and opportunity. With a diverse population, vast natural resources, and a resilient economy, the United States has played a pivotal role in shaping the course of world affairs. From Wall Street to Silicon Valley, this powerhouse nation continues to lead in various industries, setting trends and pushing boundaries. Understanding the intricacies of the United States' macroeconomic landscape is essential for grasping its impact on the global stage and the dynamics of international relations.



Population And Age Structure

Population, total: The United States has a population of 331,511,512, which is above the average population of 40,097,746. The country ranks 3rd out of 194 countries in terms of population.

Population ages 0-14 (% of total population): With a percentage of 18.51%, the United States has a lower percentage of children aged 0-14 compared to the average of 27.34%. This ranks the country at 141 out of 194 countries.

Population ages 0-14, total: The total number of children aged 0-14 in the United States is 61,367,255, significantly higher than the average of 10,327,379. The country ranks 6th out of 194 countries for this metric.

Population ages 15-64 (% of total population): The United States has 65.27% of its population aged 15-64, slightly above the average of 63.44%. This places the country at 83 out of 194 countries.

Population ages 15-64, total: With a total of 216,361,818 individuals aged 15-64, the United States surpasses the average of 26,003,407. The country ranks 3rd out of 194 countries in this category.

Population ages 65 and above (% of total population): The percentage of individuals aged 65 and above in the United States is 16.22%, higher than the average of 9.22%. This ranks the country 38th out of 194 countries.

Population ages 65 and above, total: The United States has 53,782,439 individuals aged 65 and above, well above the average of 3,766,959. The country ranks 3rd out of 194 countries for this demographic.

Summary

The analysis of key demographic indicators for the United States reveals a population size of 331,511,512, ranking 3rd globally. The distribution by age groups also shows significant numbers of children (61,367,255) and individuals aged 15-64 (216,361,818), ranking 6th and 3rd respectively. The higher proportion of individuals aged 65 and above (16.22%) compared to the global average is noteworthy, indicating potential implications for healthcare, pension systems, and workforce dynamics in the country.

Population Miscellaneous

1. The Rural population of the United States is 57,470,836, which is significantly above the attribute average of 18,044,041. The country ranks 11th out of 190 countries included in the data for this attribute.

2. The Rural population (% of total population) in the United States is 17.336%, below the attribute average of 41.158%. This places the United States at the 158th rank out of 190 countries in this category.

3. The Urban population of the United States is 274,040,676, much higher than the attribute average of 22,425,747. The country ranks 3rd out of 194 countries for this attribute.

4. The Urban population (% of total population) in the United States is 82.664%, above the attribute average of 59.691%. The United States is ranked 37th out of 194 countries based on this metric.

5. The Age dependency ratio (% of working-age population) in the United States is 53.22%, below the attribute average of 59.22%. It ranks 112th out of 194 countries for this statistic.

6. The Birth rate, crude (per 1,000 people) in the United States is 10.9, lower than the attribute average of 19.384. The country ranks 143rd out of 192 countries included in this data.

7. The Death rate, crude (per 1,000 people) in the United States is 10.3, higher than the attribute average of 8.214. The United States ranks 38th out of 192 countries for this indicator.

8. The Fertility rate, total (births per woman) in the United States is 1.6415, below the attribute average of 2.603. The country ranks 132nd out of 190 countries in this category.

Summary

The United States has a predominantly urban population, with a lower-than-average rural population. The country also exhibits a lower birth rate and fertility rate compared to the global average, indicating a more mature demographic profile. These indicators are crucial as they reflect the country's demographic distribution, age dependency ratio, and future population growth trends, which have significant implications for labor force dynamics, healthcare needs, social security systems, and economic growth potential.

Military

In terms of Military expenditure (current USD), the United States spends $778.4 billion, significantly above the average of $12.9 billion, ranking 1st out of 149 countries.

For Military expenditure (% of GDP), the United States spends 3.70% of its GDP, above the average of 1.90%, ranking 13th out of 148 countries.

Regarding Arms imports, the United States imports $801 million worth of arms, notably higher than the average of $205.5 million, ranking 9th out of 113 countries.

When it comes to Arms exports, the United States exports $9.43 billion worth of arms, well above the average of $705.7 million, ranking 1st out of 34 countries.

In relation to Armed forces personnel, the United States has 1.395 million personnel, higher than the average of 165,908 personnel, ranking 5th out of 164 countries.

For Armed forces personnel (% of total labor force), the United States has 0.84% of its total labor force in the armed forces, below the average of 1.28%, ranking 83rd out of 164 countries.

Summary

The United States outspends most countries in terms of military expenditure, both in absolute terms and as a percentage of its GDP. It is a top importer and the largest exporter of arms globally. The country also maintains a significant number of armed forces personnel relative to the average but has a lower proportion of its labor force dedicated to the military compared to the global average.

These indicators are important as they reflect the United States' robust defense capabilities, its role in the global arms trade, and the size of its military personnel. Understanding these metrics provides insights into the country's defense posture, strategic influence, and economic allocation towards national security.

Natural Resources

United States has a forest area of 3,097,950 sq. km, ranking 4th out of 191 countries in the dataset. This value is significantly above the average forest area of 211,606.11 sq. km.

The land area of the United States is 9,147,420 sq. km, ranking 3rd out of 194 countries. The land area surpasses the average of 665,166.51 sq. km.

Regarding surface area, the United States covers 9,831,510 sq. km, ranking 3rd out of 194 countries. This exceeds the average surface area of 689,779.56 sq. km.

United States possesses 157,736,800 hectares of arable land, ranking 1st out of 190 countries. The arable land far exceeds the average of 7,329,543.16 hectares.

Land under cereal production in the United States is 53,196,698 hectares, ranking 3rd out of 174 countries. This figure is notably above the average of 4,206,011.63 hectares.

The United States experiences an average precipitation depth of 715 mm per year, ranking 109th out of 178 countries. This value is below the average precipitation depth of 1,157.83 mm per year.

In terms of renewable internal freshwater resources, the United States has 2,818 billion cubic meters, ranking 4th out of 178 countries. This amount significantly surpasses the average of 240.41 billion cubic meters.

Summary

The United States excels in various key macroeconomic indicators such as forest area, land area, arable land, and renewable internal freshwater resources, ranking among the top countries globally in these categories. These statistics are vital as they highlight the country's abundant natural resources and potential for agricultural productivity, water security, and environmental sustainability, all of which are critical factors for economic development and national security.

Resource Rents

Total natural resources rents (% of GDP): The United States has a value of 0.33, which is significantly below the average of 4.63. This places the United States at a rank of 127 out of 175 countries included in the data.

Coal rents (% of GDP): The United States' value for this attribute is 0.08, lower than the average of 0.40. This puts the United States at a rank of 24 out of 65 countries.

Forest rents (% of GDP): The United States has a value of 0.04, well below the average of 1.53. This places the United States at a rank of 133 out of 174 countries.

Oil rents (% of GDP): With a value of 0.19, the United States falls below the average of 2.51 for this attribute. In the dataset, the United States ranks 56 out of 117 countries.

Mineral rents (% of GDP): The United States' value for this attribute is 0.02, significantly lower than the average of 1.23. This places the United States at a rank of 70 out of 86 countries included in the data.

Summary

The United States ranks below average in terms of natural resources rents, coal rents, forest rents, oil rents, and mineral rents as a percentage of GDP when compared to other countries. This indicates that the country may not be as reliant on natural resource sectors for economic output as some of its counterparts. This diversification can be seen as a positive aspect, reducing the vulnerability of the economy to fluctuations in commodity prices and ensuring a more stable economic growth trajectory.

Commodities

In Cereal production (metric tons), the United States has a value of 433,259,129.21, which is significantly higher than the average of 17,249,945.93 metric tons. The country ranks 2nd out of 174 countries in this dataset.

For Aquaculture production (metric tons), the United States produces 448,534.61 metric tons, below the average of 679,642.92 metric tons. It ranks 18th out of 180 countries in this category.

The United States' Capture fisheries production stands at 4,267,709 metric tons, well above the average of 467,453.06 metric tons. The country is ranked 6th out of 190 countries.

In Total fisheries production (metric tons), the United States produces 4,716,243.61 metric tons, surpassing the average of 1,153,914.85 metric tons. It holds the 7th rank among 182 countries.

The United States' Fertilizer consumption (kilograms per hectare of arable land) is 131.15, slightly below the average of 159.04 kilograms. It is ranked 73rd out of 187 countries in this aspect.

Summary

In summary, the United States excels in Cereal, Capture Fisheries, and Total Fisheries production but falls slightly below average in Aquaculture production and Fertilizer consumption compared to global averages. These indicators are crucial as they reflect the country's agricultural output, ability to utilize its marine resources, and efficiency in maximizing arable land. Understanding these figures can provide insights into the country's food security, economic strength, and environmental sustainability.

Intellectual Property

Industrial design applications, nonresident, by count: The United States has 29,056 applications, which is significantly higher than the average of 1,415.83. This puts the United States at the 1st rank out of 112 countries.

Industrial design applications, resident, by count: With 21,686 applications, the United States is below the average of 9,799.58. This places the United States at 8th rank out of 113 countries.

Patent applications, nonresidents: The United States leads with 327,586 applications, far exceeding the average of 6,538.40. It ranks 1st out of 129 countries.

Patent applications, residents: The United States has 269,586 applications, below the average of 19,037.56, and ranks 2nd out of 117 countries.

Trademark applications, nonresident, by count: The United States leads with 320,860 applications, surpassing the average of 15,878.93, ranking 1st out of 130 countries.

Trademark applications, resident, by count: With 549,416 applications, the United States is above the average of 111,055.78, placing it at 2nd rank out of 129 countries.

Scientific and technical journal articles: The United States has 455,855.57 articles, exceeding the average of 15,103.76, and ranks 2nd out of 192 countries.

Charges for the use of intellectual property, payments: The United States has payments of $45,026,000,000, well above the average of $3,218,843,494.39, ranking 2nd out of 143 countries.

Charges for the use of intellectual property, receipts: The United States receives $115,935,000,000, surpassing the average of $3,191,687,117.58, and ranks 1st out of 122 countries.

Researchers in R&D (per million people): The United States has 4,451.78 researchers, higher than the average of 2,556.45, ranking 18th out of 72 countries.

Summary

The United States stands out as a global leader in innovation and intellectual property protection, evident from its high numbers in industrial design, patent, trademark applications, scientific articles, and intellectual property charges. These statistics showcase the country's strong research and development sector, robust intellectual property rights, and significant contributions to global innovation. The United States' consistent high rankings in these categories highlight its competitiveness and influence in the international market, signaling a strong foundation for economic growth and technological advancement.

Broad Economy Attributes

Analysis of key economic indicators for the United States:

1. GDP (current US$): The United States has a GDP of $21.06 trillion, significantly higher than the average GDP of $442.87 billion, ranking 1st out of 189 countries.

2. GDP, PPP (current international $): The US GDP, PPP stands at $21.06 trillion, above the average of $734.14 billion, ranking 2nd out of 181 countries.

3. GDP per capita (current US$): With a GDP per capita of $63,528.63, much higher than the average of $15,462.11, the US ranks 7th out of 190 countries.

4. GDP per capita, PPP (current international $): The US GDP per capita, PPP is $63,528.63, above the average of $21,251.89, placing it 9th out of 181 countries.

5. GNI (current US$): The US GNI amounts to $21.48 trillion, well above the average of $452.04 billion, ranking 1st out of 185 countries.

6. GNI, PPP (current international $): The US GNI, PPP is $21.47 trillion, higher than the average of $730.70 billion, ranking 2nd out of 181 countries.

7. GNI per capita, PPP (current international $): With a GNI per capita, PPP of $64,770, the US surpasses the average of $20,615.75, placing it 9th out of 181 countries.

Summary

The United States leads globally in key economic indicators such as GDP, GNI, and GDP per capita, reflecting its strong and robust economy. With a high GDP and GNI per capita, the US showcases significant wealth and economic prosperity compared to the global average. These indicators signify the US's economic dominance and high standard of living, making it an attractive destination for investments and showcasing its strong consumer purchasing power.

Broad Value Added

The Gross value added at basic prices (GVA) for the United States is $20,343,314,432,000, ranking 1st out of 176 countries. This value is significantly above the average of $360,070,943,595.12.

In terms of Agriculture, forestry, and fishing value added (% of GDP), the United States is at 0.95%, ranking 167th out of 182 countries. This value is notably below the average of 10.86%.

The United States' Agriculture, forestry, and fishing value added in current US dollars is $199,831,763,000, placing it at the 3rd rank out of 182 countries, significantly above the average of $19,924,732,828.07.

For Services value added (% of GDP), the United States ranks 7th out of 183 countries with 78.14%, which is above the average of 56.72%.

The United States' Services value added in current US dollars is $16,456,124,708,000, ranking 1st out of 183 countries. This value is well above the average of $295,837,711,130.69.

Lastly, the Industry (including construction) value added in current US dollars for the United States is $3,687,357,961,000, ranking 2nd out of 183 countries, significantly surpassing the average of $118,421,095,413.50.

Summary

The United States has a dominant position in the global economy based on key macroeconomic indicators. It leads in Gross Value Added (GVA) and Services value added, while also performing well in Industry value added. However, its low ranking in Agriculture, forestry, and fishing value added indicates a relatively smaller contribution of this sector to its GDP. These indicators are crucial as they showcase the country's economic diversity and strengths across different sectors, highlighting areas for potential growth and development.

Manufacturing Value Added

United States stands out in Manufacturing, with a value added of $2.24 trillion, ranking 2nd out of 173 countries. This is significantly higher than the average of $76.21 billion.

Manufacturing contributes 10.63% of the US GDP, placing it at the 98th position out of 173 countries. This is slightly below the average of 11.90%.

In Medium and high-tech manufacturing value added, the US excels with 45.09%, ranking 19th out of 149 countries. This is notably higher than the average of 24.49%.

Chemicals contribute 16.93% to the US manufacturing value added, ranking 14th out of 89 countries. The country performs better than average of 11.56%.

The Food, beverages, and tobacco sector represent 17.88% in US manufacturing, placing it at 52nd out of 92 countries, lower than the average of 24.51%.

US Machinery and transport equipment industry contributes 26.28%, ranking 21st out of 93 countries, above the average of 16.85%.

Textiles and clothing only account for 1.18% in US manufacturing, ranking 82nd out of 93 countries, significantly below the average of 6.33%.

Other manufacturing sectors contribute 37.73%, placing US at the 59th position out of 94 countries, below the average of 42.13%.

Summary

The United States demonstrates a substantial presence in Manufacturing, standing out in various subsectors such as Medium and high-tech manufacturing, Chemicals, and Machinery and transport equipment. While excelling in certain areas like Chemicals and Machinery, the country lags in sectors like Textiles and clothing. These indicators are crucial as they highlight the diversified nature of the US manufacturing industry, showcasing areas of strength and potential areas for improvement in the global market.

Money

Inflation, consumer prices (annual %): The United States has a relatively low consumer price inflation rate of 1.23%, which is significantly below the average of 8.26%. The country is ranked 102 out of 165 countries in this attribute.

Inflation, GDP deflator (annual %): The United States' GDP deflator inflation rate is 1.30%, lower than the average of 6.90%. With a rank of 114 out of 188 countries, the US performs better than most countries in this aspect.

Broad money growth (annual %): With a growth rate of 17.20%, the United States is slightly below the average of 18.03%. The country is ranked 45 out of 139 countries in terms of broad money growth.

Broad money (% of GDP): The US has a high ratio of broad money to GDP at 110.64%, well above the average of 71.75%. This places the US at the 23rd position out of 139 countries for this metric.

Broad money to total reserves ratio: The ratio of broad money to total reserves in the United States is 37.08%, significantly higher than the average of 5.17%. This places the US at an impressive rank of 3 out of 126 countries considered for this attribute.

Summary

The United States demonstrates relatively low inflation rates compared to global averages, ranking favorably in both consumer price inflation and GDP deflator inflation. The country also shows strong performance in terms of broad money growth and the ratio of broad money to GDP and total reserves, indicating a robust financial system and economic stability. These indicators are crucial as they reflect the country's economic health, price stability, and financial liquidity, which are vital for sustainable economic growth and investment attractiveness.

Consumption Expenditure

Final consumption expenditure (current US$): The United States has a final consumption expenditure of $17.38 trillion, which is significantly higher than the average of $381.63 billion. This places the United States at rank 1 out of 159 countries.

Final consumption expenditure (% of GDP): The United States' final consumption expenditure accounts for 82.55% of its GDP, slightly above the average of 82.37%. The country is ranked 72 out of 159 countries in this aspect.

General government final consumption expenditure (current US$): With a value of $3.18 trillion, the United States far surpasses the average of $93.68 billion. The country is ranked 1 out of 158 countries.

General government final consumption expenditure (% of GDP): The United States spends 15.09% of its GDP on general government final consumption expenditure, which is below the average of 18.71%. This places the country at rank 103 out of 158 countries.

Household and NPISHs Final consumption expenditure (current US$): The United States' expenditure of $14.21 trillion is notably higher than the average of $290.13 billion. The country is ranked 1 out of 158 countries.

Households and NPISHs final consumption expenditure (% of GDP): The United States' expenditure accounts for 67.45% of its GDP, which is above the average of 63.68%. The country holds the 64th rank out of 158 countries in this category.

Summary

The United States exhibits significantly high final consumption expenditure levels across various categories such as total, general government, and household expenditure, ranking among the top countries globally. Despite varying rankings in terms of percentage of GDP spent, the high absolute values reflect a strong consumption-driven economy. These indicators are crucial as they demonstrate the scale and distribution of spending within the country, shedding light on economic activity and potential areas for investment.

Equities

1. Listed domestic companies, total: The United States has 4104 listed domestic companies, which is significantly above the average of 636.625. This places the United States as the 2nd highest out of 72 countries in terms of the number of listed domestic companies.

2. Stocks traded, total value (current US$): The United States has a total stock value of $41,086,461,430,000, well above the average of $1,379,501,951,820.91. This ranks the United States 1st out of 71 countries in total stock value.

3. Stocks traded, total value (% of GDP): The United States' stock value is 195.09% of its GDP, much higher than the average of 31.65%. This places the United States 3rd out of 71 countries in terms of stock value compared to GDP.

4. Market capitalization of listed domestic companies (current US$): The United States has a market capitalization of $41,569,861,770,000, significantly above the average of $1,196,037,851,618.88. This ranks the United States 1st out of 73 countries in market capitalization.

5. Market capitalization of listed domestic companies (% of GDP): The United States' market capitalization is 197.38% of its GDP, well above the average of 71.24%. This places the United States 5th out of 73 countries in market capitalization as a percentage of GDP.

6. S&P Global Equity Indices (annual % change): The United States has an annual S&P Global Equity Index change of 16.26%, much higher than the average of 2.06%. This ranks the United States 15th out of 79 countries in terms of equity index performance.

Summary

The United States outperforms global averages and ranks among the top countries in key macroeconomic indicators related to listed domestic companies, total stock value, market capitalization, and equity index performance. This signifies the strength and depth of the US financial markets, showcasing high levels of investor confidence and robust economic growth. These indicators are crucial as they demonstrate the resilience and competitiveness of the US economy on a global scale, attracting investment and fostering continued growth and innovation in the financial sector.

Investment

Foreign direct investment, net (BoP, current US$): The United States has a focus country value of $148.30 billion, significantly higher than the attribute average of -$1.62 billion. The country is ranked 1st out of 169 countries in this category. Foreign direct investment, net inflows (BoP, current US$): With a focus country value of $138.36 billion, the United States surpasses the attribute average of $5.75 billion. It holds the 5th rank out of 182 countries. Foreign direct investment, net inflows (% of GDP): The United States falls below the attribute average with a value of 0.66%, compared to the average of 2.61%. It is ranked 128th out of 178 countries. Foreign direct investment, net outflows (BoP, current US$): The United States leads with a focus country value of $286.66 billion, far exceeding the attribute average of $5.71 billion. It holds the 1st rank out of 156 countries. Foreign direct investment, net outflows (% of GDP): With a value of 1.36%, the United States surpasses the attribute average of 1.00%. It is ranked 25th out of 155 countries. Portfolio Investment, net (BoP, current US$): The United States exhibits a focus country value of -$540.19 billion, significantly lower than the attribute average of $0.68 billion. It is placed 159th out of 159 countries. Portfolio equity, net inflows (BoP, current US$): The United States stands out with a focus country value of $687.42 billion, way above the attribute average of $9.20 billion. It secures the 1st rank out of 125 countries.

Summary

The United States is a major player in foreign direct investment, leading in both net inflows and outflows. It attracts a significant amount of foreign direct investment, ranking 1st in net inflows. Despite falling below the average in net inflows as a percentage of GDP, the country's overall outflows are substantial, securing the 1st rank in this category. Additionally, the United States dominates in portfolio equity, net inflows, showcasing its attractiveness to investors seeking to invest in stocks and other financial assets. These indicators are crucial as they highlight the country's strong economic ties with other nations, its ability to attract investments, and its role as a hub for portfolio equity investments on a global scale.

Broad Trade Attributes

Trade (% of GDP): The United States has a trade value of 23.39% of GDP, below the average of 82.34%. This ranks the US 161 out of 163 countries in the dataset.

Merchandise trade (% of GDP): The US has a value of 18.19%, below the average of 60.01%. The country ranks 183 out of 186 in this attribute.

Trade in services (% of GDP): With a value of 5.66%, the US is below the average of 24.63%. This places the US at rank 157 out of 171 countries.

External balance on goods and services (current US$): The US has a negative balance of $626.39 billion, far below the average of $3.41 trillion. The US ranks 163 out of 163 countries in this attribute.

External balance on goods and services (% of GDP): The US has a negative balance of 2.97% of GDP, while the average is -5.97%. This puts the US at rank 82 out of 163 countries.

Summary

The United States has a relatively low trade value as a percentage of its GDP compared to other countries, ranking poorly in trade, merchandise trade, and trade in services. The country also holds a significant negative balance in external goods and services, both in absolute terms and as a percentage of GDP. These indicators are crucial as they highlight the US's position in the global economy and its trade competitiveness, impacting factors such as job creation, economic growth, and international relations.

Net Trade

Analysis of key macroeconomic attributes for the United States:

Summary

The United States exhibits a significant current account deficit, ranking at the bottom among the listed countries. It also shows a trade deficit in both goods and services. However, the country excels in generating primary income, ranking 2nd globally. These findings are crucial as they highlight the country's dependency on capital and financial flows to sustain its economic activities, despite strong income generation capabilities.

Broad Export Attributes

- Exports of goods, services and primary income in the United States total $3.12 trillion, significantly above the average of $146.24 billion, ranking 1st out of 170 countries.

- Exports of goods and services in the United States amount to $2.16 trillion, well above the average of $122.94 billion, ranking 2nd out of 170 countries.

- Goods exports in the United States stand at $1.43 trillion, far surpassing the average of $93.31 billion, ranking 2nd out of 171 countries.

- International tourism receipts as a percentage of total exports in the United States are at 3.90%, below the average of 9.74%, ranking 56th out of 120 countries.

- Exports of goods and services as a percentage of GDP in the United States are at 10.21%, below the average of 38.19%, ranking 152nd out of 163 countries.

- ICT goods exports as a percentage of total goods exports in the United States are 9.67%, above the average of 3.81%, ranking 17th out of 142 countries.

Summary

The United States demonstrates exceptional economic strength in various aspects of exports, surpassing global averages in total exports, goods exports, and ICT goods exports. Despite leading in total exports, the country has room for improvement in enhancing the share of exports in its GDP and increasing international tourism receipts. These indicators are crucial as they showcase the competitiveness of the US economy in the global market and highlight potential areas for further growth and diversification.

Merchandise Exports

Considering the attribute "Merchandise exports (current US$)", the United States has a value of $1,424,935,000,000, ranking 2nd out of 187 countries. This value significantly surpasses the average value of $89,542,711,229.95.

When it comes to "Agricultural raw materials exports (% of merchandise exports)", the United States performs at 2.14%, placing it at 50th out of 151 countries. This percentage is lower than the average of 2.97%.

For "Food exports (% of merchandise exports)", the United States stands at 11.49%, ranking 96th out of 152 countries, below the average of 24.06%.

Regarding "Fuel exports (% of merchandise exports)", the United States shows a rate of 12.72%, positioning it at 41st out of 147 countries. This figure falls slightly below the average of 13.70%.

Considering "Ores and metals exports (% of merchandise exports)", the United States displays 3.21%, ranking 76th out of 152 countries. This is notably lower than the average of 9.10%.

Lastly, in "Merchandise exports by the reporting economy, residual (% of total merchandise exports)", the United States has 0.18%, placing it at 97th out of 166 countries. The value is significantly under the average of 3.20%.

Summary

The United States ranks high in total merchandise exports, but falls below average in agricultural raw materials, food, fuel, ores and metals exports relative to other countries. This could indicate a reliance on certain sectors for export revenue and potential risks in diversification. Understanding these figures can help policymakers make informed decisions to enhance export competitiveness and sustainability.

Technology Exports

United States has Manufactures exports accounting for 60.18% of its merchandise exports, which is above the average of 42.62%. The country ranks 54th out of 152 countries in this attribute.

High-technology exports in the United States amount to $141.54 billion, significantly higher than the average of approximately $16.66 billion. The country is ranked 5th out of 151 countries for this statistic.

Regarding High-technology exports as a percentage of manufactured exports, the United States stands at 19.48%, surpassing the average of 10.15%. In this attribute, the country holds the 27th rank out of 150 countries.

The United States excels in Medium and high-tech exports, constituting 65.10% of its manufactured exports, well beyond the average of 34.29%. The country ranks 19th out of 149 countries in this category.

Summary

The United States stands out in international trade with its strong performance in manufacturing and high-tech sectors. With Manufactures exports, High-technology exports, High-technology exports as a percentage of manufactured exports, and Medium and high-tech exports all exceeding global averages and ranking high globally, the country showcases its competitive edge and innovation capacity. These strengths are crucial as they not only contribute significantly to the country's economic growth but also enhance its global influence and strategic position in the world economy.

Service Exports

Service exports (BoP, current US$): The United States has a notably high value of $726.3 billion in service exports, far exceeding the average of $28.9 billion. This places the United States at the top rank out of 171 countries.

ICT service exports (BoP, current US$): The United States has $56.1 billion in ICT service exports, well above the average of $4.6 billion. The country ranks 3rd out of 166 countries for this attribute.

ICT service exports (% of service exports, BoP): At 7.72%, the United States falls below the average of 11.75% for this attribute. It ranks 93rd out of 166 countries included in the data.

Communications, computer, etc. (% of service exports, BoP): The United States' value of 58.58% is significantly higher than the average of 45.85%. This places the United States at the 54th rank out of 169 countries.

Transport services (% of service exports, BoP): With a value of 7.91%, the United States is well below the average of 21.80%, ranking 128th out of 169 countries in this category.

Travel services (% of service exports, BoP): The United States' value of 9.98% is lower than the average of 26.40%. It ranks 122nd out of 167 countries for travel services as a percentage of service exports.

Insurance and financial services (% of service exports, BoP): The United States excels in this category with a value of 23.52%, surpassing the average of 6.46%. It holds the 9th rank out of 161 countries for insurance and financial services as a percentage of service exports.

Summary

The United States stands out in service exports, ICT service exports, and insurance and financial services as a percentage of service exports, surpassing global averages and ranking highly among countries. However, it lags behind in ICT service exports as a percentage of total service exports, communications, computer, transportation, and travel services. These indicators are crucial as they highlight the United States' strengths and weaknesses in the global service sector, influencing its trade balance, competitiveness, and economic diversification.

Commercial Service Exports

Commercial service exports (current US$): The United States has a significant focus country value of $704.32 billion, ranking 1st out of 171 countries. This is substantially higher than the attribute average of $28.51 billion.

Travel services (% of commercial service exports): The United States' value of 10.29% is below the attribute average of 27.89%. It ranks 123rd out of 167 countries in this aspect.

Computer, communications and other services (% of commercial service exports): The United States performs well with a value of 57.29%, ranking 51st out of 169 countries. This is above the attribute average of 42.44%.

Insurance and financial services (% of commercial service exports): The United States excels in this attribute with a value of 24.26%, ranking 10th out of 161 countries. This is significantly higher than the attribute average of 6.97%.

Transport services (% of commercial service exports): The United States lags behind in this attribute with a value of 8.16%, ranking 130th out of 169 countries. This is below the attribute average of 23.37%.

Summary

The United States stands out in commercial service exports, leading globally with a value of $704.32 billion. While excelling in computer, communications, and financial services exports, there is room for improvement in travel and transport services. These indicators are crucial as they reflect the country's competitiveness, specialization in service sectors, and potential areas for growth and development in the global market.

Broad Import Attributes

1. Imports of goods and services (current US$): The United States has a value of $2,776,503,000,000 for this attribute, significantly higher than the average of $126,191,355,599.06. This places the United States at rank 1 out of 163 countries in the dataset.

2. Imports of goods and services (% of GDP): The United States' value of 13.18% is lower than the average of 44.15%. The country ranks 161 out of 163 countries in this aspect.

3. International tourism, expenditures (% of total imports): The United States' value of 1.74% is below the average of 3.98%. This places the country at rank 104 out of 131 countries in the dataset.

4. ICT goods imports (% total goods imports): With a value of 14.44%, the United States exceeds the average of 6.85%. The country ranks 12 out of 143 countries considered.

5. Goods imports (BoP, current US$): The United States has a value of $2,346,728,000,000 for this attribute, far surpassing the average of $92,007,788,027.17. This puts the United States at rank 1 out of 171 countries.

6. Imports of goods and services (BoP, current US$): The United States' value of $2,813,030,000,000 is significantly higher than the average of $120,321,577,988.12. This places the country at rank 1 out of 170 countries in the dataset.

7. Imports of goods, services and primary income (BoP, current US$): The United States has a value of $3,589,956,000,000 for this attribute, well above the average of $144,514,428,722.28. The United States ranks 1 out of 170 countries in this category.

Summary

The United States stands out in international trade with its significant imports of goods and services, exceeding averages in various categories and consistently ranking first or among the top countries in these aspects. These indicators highlight the strong purchasing power and demand within the U.S. economy, showcasing its role as a major player in global trade and its ability to influence international markets.

Merchandise Imports

- United States has merchandise imports totaling $2.41 trillion, significantly higher than the average of $89.39 billion, ranking 1st out of 190 countries in the dataset.
- Manufactures imports comprise 78.82% of merchandise imports for the US, above the average of 66.76%, ranking 13th out of 152 countries.
- Agricultural raw materials imports contribute to only 0.96% of US merchandise imports, below the average of 1.27%, ranking 94th out of 152 countries.
- Food imports represent 6.77% of US merchandise imports, lower than the average of 15.89%, ranking 142nd out of 152 countries.
- Fuel imports account for 5.40% of US merchandise imports, under the average of 11.38%, ranking 124th out of 152 countries.
- Ores and metals imports make up 2.32% of US merchandise imports, slightly below the average of 2.57%, ranking 59th out of 152 countries.
- The US residual imports (0.01% of total merchandise imports) are significantly lower than the average of 2.51%, ranking 155th out of 180 countries.

Summary

The United States stands out in the dataset for its high total merchandise imports, with a significant portion coming from manufactures. However, the country relies less on agricultural raw materials, food, and fuel imports compared to the average among the listed countries. This indicates a strong industrial base and possibly a diverse domestic production capacity, which can enhance economic stability and reduce dependencies on external factors in these key sectors.

Service Imports

Analysis of key service import attributes for the United States:

1. Service imports (BoP, current US$): The United States has a notably high value of $466.30 billion, far exceeding the average of $27.62 billion, ranking 1st out of 171 countries.

2. Communications, computer, etc. (% of service imports, BoP): At 54.94%, the US is above the average of 44.40%, securing the 51st rank out of 169 countries.

3. Transport services (% of service imports, BoP): With a value of 15.65%, the US is below the average of 32.90%, ranking 154th out of 169 countries.

4. Travel services (% of service imports, BoP): The US stands at 7.23%, lower than the average of 14.14%, ranking 119th out of 169 countries.

5. Insurance and financial services (% of service imports, BoP): The US performs exceptionally at 22.18%, surpassing the average of 8.53%, and securing the 7th rank out of 169 countries.

Summary

The United States stands out in key service import indicators, with significantly high values in service imports, communications, computer services, and insurance/financial services. However, it lags behind in transport and travel services. These indicators are crucial as they reflect the country's reliance on certain sectors for services from abroad, its competitive strengths in service exports, and areas needing potential improvement to enhance overall economic performance and competitiveness.

Commercial Service Imports

Commercial service imports (current US$): The United States' value of $441,749,000,000 is significantly above the average of $27,102,746,128.60, ranking 1st out of 171 countries.

Computer, communications, and other services (% of commercial service imports): The United States' value of 52.44% is above the average of 41.71%, ranking 59th out of 169 countries.

Insurance and financial services (% of commercial service imports): The United States' value of 23.42% is well above the average of 8.85%, ranking 8th out of 169 countries.

Transport services (% of commercial service imports): The United States' value of 16.51% is below the average of 34.71%, ranking 152nd out of 169 countries.

Travel services (% of commercial service imports): The United States' value of 7.63% is below the average of 14.73%, ranking 117th out of 169 countries.

Summary

The United States has a significantly high value of commercial service imports at $441,749,000,000, ranking 1st out of 171 countries. The country also stands out in the categories of insurance and financial services, with a value of 23.42%, ranking 8th, and computer, communications, and other services, at 52.44%, ranking 59th. However, in transport services and travel services, the U.S. falls behind, ranking 152nd and 117th respectively. These indicators are crucial as they showcase the diversification and composition of the U.S. service imports, highlighting areas of strength and areas that may require attention for further development and competitiveness in the global market.

Infrastructure

Railways, passengers carried: The United States' value of 12,460 million passenger-km is significantly below the average of 32,281.91 million passenger-km. The country ranks 12th out of 64 countries in this dataset.

Railways, goods transported: The United States' value of 2,102,083.98 million ton-km is well above the average of 119,231.19 million ton-km. It holds the 2nd rank out of 62 countries.

Air transport, freight: The United States' value of 40,793.09 million ton-km is notably higher than the average of 1,384.37 million ton-km. It ranks 1st out of 126 countries.

Air transport, registered carrier departures worldwide: The United States' value of 6,175,504 departures is much higher than the average of 134,365.61 departures. It secures the 1st rank out of 149 countries.

Air transport, passengers carried: The United States' value of 369,501,000 passengers carried is significantly above the average of 11,848,242.70 passengers carried. It ranks 2nd out of 149 countries.

Container port traffic: The United States' value of 52,931,790 TEUs is substantially above the average of 6,907,110.27 TEUs. It holds the 2nd rank out of 110 countries.

Rail lines: The United States' value of 148,749.68 total route-km is much higher than the average of 12,204.74 total route-km. It ranks 1st out of 66 countries.

Summary

The United States excels in various transportation indicators, ranking highly in railways, air transport, and container port traffic compared to global averages. This highlights the country's robust transportation infrastructure and its significant role in global trade and commerce. The efficient transportation network not only facilitates domestic mobility of goods and people but also enhances the country's connectivity and competitiveness in the international market.

Information Technology Infrastructure

Secure Internet servers: The United States has 46,678,110 secure Internet servers, significantly above the average of 458,294. The country ranks 1st out of 193 countries in this attribute data.

Secure Internet servers (per 1 million people): With 140,803.89 secure Internet servers per 1 million people, the United States exceeds the average of 14,067.17. It ranks 2nd out of 193 countries.

Individuals using the Internet (% of population): The United States has 90.62% of its population using the Internet, higher than the average of 64.77%. Its rank is 30th out of 180 countries.

Fixed broadband subscriptions: The United States boasts 121,232,000 fixed broadband subscriptions, well above the average of 6,591,956.35. It ranks 2nd out of 185 countries.

Mobile cellular subscriptions: The United States has 352,522,000 mobile cellular subscriptions, surpassing the average of 42,526,463.87. It is ranked 4th out of 193 countries.

Summary

In key macroeconomic indicators related to internet infrastructure and usage, the United States demonstrates exceptional performance. With significantly higher numbers of secure Internet servers, fixed broadband subscriptions, and mobile cellular subscriptions compared to global averages, as well as a high percentage of population using the internet, the country showcases its advanced technological infrastructure and widespread digital connectivity. These indicators are crucial as they highlight the United States' competitiveness in the digital economy, its ability to leverage technology for economic growth, and the overall connectivity and accessibility of digital services to its population.

Energy Consumption

United States' renewable energy consumption accounts for 11.16% of its total final energy consumption, which is significantly below the average of 32.18%. The country is ranked 137th out of 191 countries in this category.

On the other hand, the United States emits 4,320,532.5 kt of CO2, which is substantially higher than the average of 171,895.94 kt. The country holds the 2nd rank out of 188 countries for CO2 emissions.

Summary

Comparison of key macroeconomic indicators for the United States reveals significant disparities. While the country ranks low in renewable energy consumption, standing at 11.16% compared to the global average of 32.18%, it emits a disproportionately high amount of CO2, with 4,320,532.5 kt as opposed to the average of 171,895.94 kt, securing the 2nd rank globally for CO2 emissions. These indicators are crucial as they highlight the country's environmental impact and its progress towards sustainability in the face of growing global concerns over climate change and energy transition.

Government Balance Sheet

- The United States' net acquisition of financial assets (% of GDP) is 8.09%, which is significantly above the average of 2.45%. This places the US at rank 6 out of 87 countries in the dataset.
- With a total central government debt of 126.24% of GDP, the US exceeds the average of 74.12%. The country ranks 6 out of 61 nations for this metric.
- The US shows a high net incurrence of liabilities, totaling 23.78% of GDP, compared to the average of 7.43%. This ranks the US at 2 out of 92 countries.
- In terms of reserves and related items (BoP, current US$), the US is at $8,967,520,117.78, ranking 13 out of 171 countries.
- The total reserves minus gold (current US$) for the US amount to $133,849,095,923.97, which is significantly higher than the average of $74,221,588,171.61. This places the US at rank 16 out of 161 nations.
- The US's total reserves (includes gold, current US$) reach $628,369,715,338.32, far surpassing the average of $85,708,019,773.47. The US ranks 4 out of 161 countries in this aspect.
- Lastly, the total reserves in months of imports for the US stand at 2.10, which is below the average of 7.10. This places the US at rank 127 out of 151 nations for this metric.

Summary

The United States stands out in several key macroeconomic indicators, such as its high net acquisition of financial assets and central government debt compared to global averages. Additionally, the country exhibits a strong position in terms of total reserves and liabilities. These indicators are crucial as they reflect the economic stability, financial strength, and international economic engagement of the United States, influencing its position in the global economic landscape.

Government Revenue

Revenue, excluding grants (% of GDP): The United States has a value of 17.99% for this attribute, which is below the average of 27.02%. The country is ranked 93rd out of 122 countries in this dataset.

Grants and other revenue (% of revenue): The United States' value of 4.71% is significantly below the average of 23.54%. This places the country at the 104th rank out of 108 countries.

Social contributions (% of revenue): With a value of 37.85%, the United States surpasses the average of 22.29%. The country is ranked 11th out of 81 countries included in the dataset.

Taxes on goods and services (% of revenue): The United States' value of 2.29% is much lower than the average of 31.82%. This places the country at the 121st rank out of 122 countries.

Taxes on international trade (% of revenue): The United States' value of 1.81% is below the average of 6.24%. The country is ranked 72nd out of 101 countries in this attribute.

Other taxes (% of revenue): The United States has a value of 0.50%, which is lower than the average of 2.12%. The country is ranked 69th out of 106 countries.

Taxes on income, profits and capital gains (% of revenue): With a value of 52.84%, the United States exceeds the average of 24.66%. The country is ranked 4th out of 119 countries for this attribute.

Summary

The United States demonstrates lower than average values for revenue, excluding grants, grants and other revenue, and taxes on goods and services. However, the country surpasses the average in social contributions, taxes on international trade, other taxes, and taxes on income, profits, and capital gains. These indicators are crucial as they provide insights into the country's fiscal policies, government funding sources, and the distribution of tax burdens among different revenue streams.

Taxes

United States' Tax revenue (% of GDP) is 10.34, which is below the average of 16.72. The country ranks 104 out of 123 countries in this attribute.

For Customs and other import duties (% of tax revenue), the United States has 3.15, below the average of 9.01. It ranks 71 out of 99 countries.

United States' Taxes on income, profits and capital gains (% of total taxes) is significantly above average at 91.99, compared to the average of 38.40. It ranks 1 out of 120 countries.

Regarding Tariff rate, applied, weighted mean, all products (%), the United States has a rate of 1.52, below the average of 5.21. It ranks 108 out of 153 countries.

Summary

The United States has below-average tax revenue as a percentage of its GDP and relies more heavily on income, profits, and capital gains taxes compared to other countries. It also imposes lower tariffs on imported goods compared to the global average. These indicators are important as they reflect the country's taxation system, trade policies, and fiscal health, all of which can impact its economic competitiveness and government revenue generation.

Government Expenses

Expense (% of GDP): The United States spends 32.09% of its GDP on expenses, slightly above the average of 31.69%. It ranks 59th out of 123 countries in terms of this expenditure.

Compensation of employees (% of expense): The US allocates 7.00% of its expenses to employee compensation, significantly below the average of 24.70%. This places the US at a ranking of 117 out of 123 countries.

Goods and services expense (% of expense): The US dedicates 5.69% of its expenses to goods and services, well below the average of 14.77%. This puts the US at the 106th position out of 122 countries.

Interest payments (% of expense): The US spends 7.71% of its expenses on interest payments, slightly higher than the average of 6.85%. With this, the US ranks 42nd out of 121 countries.

Other expense (% of expense): The US utilizes 8.62% of its expenses on other categories, just above the average of 8.29%. In terms of this expenditure, the US holds the 41st position out of 120 countries.

Subsidies and other transfers (% of expense): The US allocates 70.97% of its expenses to subsidies and transfers, significantly higher than the average of 43.29%. This places the US at a high 13th rank out of 121 countries.

Summary

The analysis of key macroeconomic indicators for the United States reveals that the country has a relatively high percentage of GDP spent on expenses, but allocates significantly less towards employee compensation and goods/services compared to the global average. However, the US spends more on interest payments and subsidies/transfers, placing it at higher rankings in these categories. These findings are important as they provide insights into the country's budget priorities, economic policies, and distribution of financial resources.



Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population, total 3/194
Population ages 0-14, total 6/194
Population ages 15-64, total 3/194
Population ages 65 and above, total 3/194
Rural population 11/190
Urban population 3/194
Military expenditure (current USD) 1/149
Military expenditure (% of GDP) 13/148
Arms imports (SIPRI trend indicator values) 9/113
Arms exports (SIPRI trend indicator values) 1/34
Armed forces personnel, total 5/164
Forest area (sq. km) 4/191
Land area (sq. km) 3/194
Surface area (sq. km) 3/194
Arable land (hectares) 1/190
Land under cereal production (hectares) 3/174
Renewable internal freshwater resources, total (billion cubic meters) 4/178
Cereal production (metric tons) 2/174
Capture fisheries production (metric tons) 6/190
Total fisheries production (metric tons) 7/182
Industrial design applications, nonresident, by count 1/112
Industrial design applications, resident, by count 8/113
Patent applications, nonresidents 1/129
Patent applications, residents 2/117
Trademark applications, nonresident, by count 1/130
Trademark applications, resident, by count 2/129
Scientific and technical journal articles 2/192
Charges for the use of intellectual property, payments (BoP, current US$) 2/143
Charges for the use of intellectual property, receipts (BoP, current US$) 1/122
GDP (current US$) 1/189
GDP, PPP (current international $) 2/181
GDP per capita (current US$) 7/190
GDP per capita, PPP (current international $) 9/181
GNI (current US$) 1/185
GNI, PPP (current international $) 2/181
GNI per capita, PPP (current international $) 9/181
Gross value added at basic prices (GVA) (current US$) 1/176
Agriculture, forestry, and fishing, value added (current US$) 3/182
Services, value added (% of GDP) 7/183
Services, value added (current US$) 1/183
Industry (including construction), value added (current US$) 2/183
Manufacturing, value added (current US$) 2/173
Broad money to total reserves ratio 3/126
Final consumption expenditure (current US$) 1/159
General government final consumption expenditure (current US$) 1/158
Household and NPISHs Final consumption expenditure (current US$) 1/158
Listed domestic companies, total 2/72
Stocks traded, total value (current US$) 1/71
Stocks traded, total value (% of GDP) 3/71
Market capitalization of listed domestic companies (current US$) 1/73
Market capitalization of listed domestic companies (% of GDP) 5/73
Foreign direct investment, net (BoP, current US$) 1/169
Foreign direct investment, net inflows (BoP, current US$) 5/182
Foreign direct investment, net outflows (BoP, current US$) 1/156
Portfolio equity, net inflows (BoP, current US$) 1/125
Net primary income (BoP, current US$) 2/170
Exports of goods, services and primary income (BoP, current US$) 1/170
Exports of goods and services (BoP, current US$) 2/170
Exports of goods and services (current US$) 2/163
Goods exports (BoP, current US$) 2/171
Merchandise exports (current US$) 2/187
High-technology exports (current US$) 5/151
Service exports (BoP, current US$) 1/171
ICT service exports (BoP, current US$) 3/166
Insurance and financial services (% of service exports, BoP) 9/161
Commercial service exports (current US$) 1/171
Insurance and financial services (% of commercial service exports) 10/161
Imports of goods and services (current US$) 1/163
ICT goods imports (% total goods imports) 12/143
Goods imports (BoP, current US$) 1/171
Imports of goods and services (BoP, current US$) 1/170
Imports of goods, services and primary income (BoP, current US$) 1/170
Merchandise imports (current US$) 1/190
Manufactures imports (% of merchandise imports) 13/152
Service imports (BoP, current US$) 1/171
Insurance and financial services (% of service imports, BoP) 7/169
Commercial service imports (current US$) 1/171
Insurance and financial services (% of commercial service imports) 8/169
Railways, goods transported (million ton-km) 2/62
Air transport, freight (million ton-km) 1/126
Air transport, registered carrier departures worldwide 1/149
Air transport, passengers carried 2/149
Container port traffic (TEU: 20 foot equivalent units) 2/110
Rail lines (total route-km) 1/66
Secure Internet servers 1/193
Secure Internet servers (per 1 million people) 2/193
Fixed broadband subscriptions 2/185
Mobile cellular subscriptions 4/193
CO2 emissions (kt) 2/188
Net acquisition of financial assets (% of GDP) 6/87
Central government debt, total (% of GDP) 6/61
Net incurrence of liabilities, total (% of GDP) 2/92
Reserves and related items (BoP, current US$) 13/171
Total reserves minus gold (current US$) 16/161
Total reserves (includes gold, current US$) 4/161
Taxes on income, profits and capital gains (% of revenue) 4/119
Taxes on income, profits and capital gains (% of total taxes) 1/120

Ranks in Bottom Decile For:

Attribute Rank/Total
Agriculture, forestry, and fishing, value added (% of GDP) 167/182
Portfolio Investment, net (BoP, current US$) 159/159
Trade (% of GDP) 161/163
Merchandise trade (% of GDP) 183/186
Trade in services (% of GDP) 157/171
External balance on goods and services (current US$) 163/163
Current account balance (BoP, current US$) 170/170
Net trade in goods and services (BoP, current US$) 171/171
Net secondary income (BoP, current US$) 170/170
Net trade in goods (BoP, current US$) 171/171
Net capital account (BoP, current US$) 157/159
Net financial account (BoP, current US$) 170/170
Exports of goods and services (% of GDP) 152/163
Imports of goods and services (% of GDP) 161/163
Food imports (% of merchandise imports) 142/152
Transport services (% of service imports, BoP) 154/169
Grants and other revenue (% of revenue) 104/108
Taxes on goods and services (% of revenue) 121/122
Compensation of employees (% of expense) 117/123