Download United States

United States
Introduction
Key Economic Facts
The United States is a country located in North America
bordering the Atlantic Ocean and Pacific Ocean.
Neighboring countries are Canada and Mexico. The
geography of the United States is varied
with mountains in the west, a broad
central plain, and low mountains in the
east. The government system is a
constitution-based federal republic with a
strong democratic tradition; the chief of state and head of
government is the president. The United States has an
advanced mixed economy in which there is a variety of
private freedom, combined with
centralized economic planning
and government regulation.
United States is a member of
the Asia-Pacific Economic
Cooperation (APEC) and the
North American Free Trade
Agreement (NAFTA).
Income Level (by per capita
GNI):
Level of Development:
GDP, PPP (current international
$):
GDP growth (annual %):
GDP per capita, PPP (current
international $):
Manufacturing, value added (%
of GDP):
Current account balance (BoP,
current US$):
Inflation, consumer prices
(annual %):
Labor force, total:
Unemployment, total (% of
total labor force) (modeled ILO
estimate):
Imports of goods and services
(current US$):
Exports of goods and services
(current US$):
Location:
Capital City:
Chief of State:
Head of Govt.:
Currency:
Major Languages:
Northern America
Washington, DC (-5 GMT)
President Donald J. Trump
President Donald J. Trump
United States Dollar (USD)
English 79.2%, Spanish 12.9%, other
Indo-European 3.8%, Asian and
Pacific island 3.3%, other 0.9%
Primary Religions: Protestant 46.5%, Roman Catholic
20.8%, Mormon 1.6%, Jehovah's
Witness 0.8%, other Christian 0.9%,
Jewish 1.9%, Muslim 0.9%, Buddhist
0.7%, Hindu 0.7%, other 1.8%,
unaffiliated 22.8%, don't know/refused
0.6%
Calling Code: 1
Voltage: 120
Key Websites
Main Government Page:
Commerce Ministry:
Export Promotion Agency:
Investment Promotion
Agency:
usa.gov
commerce.gov
export.gov
selectusa.commerce.gov
Risk Assessment (Provided by Coface)
High Income
Developed
$18,036.65 billion (2015)
2.60% (2015)
$56,115.72 (2015)
12.33% (2014)
-$462.96 billion (2015)
1.26% (2016)
162,846,081 (2016)
4.91% (2016)
$2,786.28 billion (2015)
$2,264.31 billion (2015)
GDP Composition %
Agriculture
Industry
Manufacturing
Services
78
1
21
Country rating: A2 - The political and economic situation is
good. A basically stable and efficient business environment
nonetheless leaves room for improvement. Corporate
default probability is low on average.
Business Climate rating: A1 - The business environment
is very good. Corporate financial information is available and
reliable. Debt collection is efficient. Institutional quality is
very good. Intercompany transactions run smoothly in
environments rated A1.
Strengths
• Flexibility in the labor market
• Full employment is also one of the objectives of the
Federal Reserve
• Predominant role of the dollar in the global economy
• Nearly 60% of the public debt held by residents
• Growing energy self-sufficiency
Weaknesses
• Low employment rate
• Households' limited geographic flexibility
• Polarization of political life
• Lower fertility rate
• Obsolescence of many infrastructures
U.S. Embassy
12
N/A
*Although Manufacturing is included in the Industry figures, it is also separately
reported because it plays a critical role in economy.
Rankings
Index
Corruption Perceptions Index
EY Globalization Index
Global Competitiveness Index
Global Enabling Trade Index
Global Manufacturing Competitiveness Index
(GMCI)
Global Services Location Index
Index of Economic Freedom
International Logistics Performance Index (LPI)
Inward FDI Potential Index
KOF Index of Globalization
Networked Readiness Index (NRI)
Open Budget Index
Rank
18 / 176
25 / 60
3 / 138
22 / 136
2 / 40
15 / 55
17 / 180
10 / 160
1 / 139
34 / 187
5 / 139
5 / 102
Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV