According to the latest three-year period GDP (2018-202020), it is:
2020 GDP: $21.54 Trillion
2020 GDP : 20.87 trillion dollars
The 2018 GDP is $20.51 trillion
This growth can be attributed to the government stimulus programs implemented in response to COVID-19 as well as increases in consumer spending during this time period. The government’s stimulus program in response to COVID-19, as well as the increase in consumer expenditure during this period are largely responsible for this growth.
In general, these figures suggest that economies, even though they may have been temporarily disrupted by pandemics and other external shocks such as natural disasters, are resilient enough to withstand the effects of those events. These figures give investors the confidence to make decisions on where they should allocate their money for long-term gains.