Us Gdp 2024 Amount By State. Measured in relation to gross domestic product (gdp), the deficit amounts to 5.6 percent in 2024, grows to 6.1 percent in 2025, and then shrinks to 5.2 percent in 2027 and 2028. Receipts from individual income taxes are projected to total $2.4 trillion (or 8.6 percent of gdp) in 2024 and rise to 9.7 percent of gdp by 2034.
Real gdp increased in most states and the district of columbia in q4 of 2022. Sir keir starmerโs government was hit.