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Globig

Doing business in the US

Statistics about the US

The information on this page was current at the time it was published. Regulations, trends, statistics, and other information are constantly changing. While we strive to update our Knowledge Base, we strongly suggest you use these pages as a general guide and be sure to verify any regulations, statistics, guidelines, or other information that are important to your efforts.

US Unemployment Rate: The national rate of unemployment is 3.7% (Dec, 2023)
US Employment Rate: The employment rate in the US is 60.20% (Jan, 2024)
Labor Force of the United States: The labor force participation rate of the US is 62.5 percent (Jan, 2024)
US GDP: $27.36 trillion (Dec, 2023)
US GDP Per Capita: 83,060.00 USD (2024)
US Inflation Rate : 3.4 %
US Ease of Doing Business Ranking: 6th of 190 (May, 2019)
Major US Industries: The US is highly diversified, world leading, high-technology innovator, with the second-largest industrial output in the world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumbering and mining.
US Internet Penetration Rate : The United States’s internet penetration rate stood at 91.8 percent of the total population at the start of 2023.
US Minimum Wage: The federal minimum wage is $7.25 per hour. The minimum wage for employees who receive tips is $2.13 per hour. The amount of tips plus the $2.13 must reach at least $7.25 per hour. If not, your employer must pay to make up the difference.
US Corruption Perception Index: The US ranks 24/180 and scores 69/100 in the 2023 Corruption Perceptions Index (CPI).
Labor Union Presence and Activity in the US: The union membership rate in the US in 2023 was 10%. 16.2 million wage and salary workers were represented by a union. Workers represented by a union include both union members (14.4 million) and workers who report no union affiliation but whose jobs are covered by a union contract (1.8 million).7.0 million employees in the public sector belong to unions, compared with 7.4 million workers in the private sector.
Age Structure in the US: In 2022, about 17.96 percent of the U.S. population fell into the 0-14 year category, 64.91 percent into the 15-64 age group and 17.13 percent of the population were over 65 years of age.
United States Birth rate: 12.2 births/1,000 population (2023 est.)
United States Death rate: 8.4 deaths/1,000 population (2023 est.)
United States Sex Ratio: 0.97 male(s)/female (2023 est.)
Life Expectancy in the US: Both sexes: 76.4 years , Males: 73.5 years and Females: 79.3 years.
Alcohol Consumption in the US: According to the 2022 National Survey on Drug Use and Health (NSDUH), 221.3 million people ages 12 and older (78.5% in this age group) reported that they drank alcohol at some point in their lifetime. Overall, 62% of U.S. adults say they ever drink alcohol, while 38% abstain completely. Beer is still the most popular alcoholic drink; liquor battling wine for second place.
US Export Partners: The top five purchasers of U.S. goods exports in 2022 were: Canada ($356.5 billion), Mexico ($324.3 billion), China ($150.4 billion), Japan ($80.2 billion), and the United Kingdom ($76.2 billion).U.S. goods exports to the European Union 27 were $350.8 billion.
The top five purchasers of U.S. services exports in 2022 were: Ireland ($83.1 billion), the United Kingdom ($80.9 billion), Canada ($69.5 billion), Switzerland ($52.4 billion), and China ($42.2 billion). U.S. services exports to the European Union 27 were $238.6 billion.
Top 5 US Export Commodities: In November 2023, the top exports of United States were Aircraft Parts ($10.8B), Crude Petroleum ($9.87B), Refined Petroleum ($9.62B), Petroleum Gas ($5.8B), and Commodities not elsewhere specified ($5.49B).
US Import partners: The top five suppliers of U.S. goods imports in 2022 were: China ($536.3 billion), Mexico ($454.8 billion), Canada ($436.6 billion), Japan ($148.1 billion), and Germany ($146.6 billion). U.S. goods imports from the European Union 27 were $553.3 billion.
The top five suppliers of U.S. services imports in 2022 were: the United Kingdom ($70.8 billion), Germany ($42.0 billion), Canada ($40.6 billion), Japan ($38.5 billion), and Mexico ($37.3 billion). U.S. services imports from the European Union 27 were $166.7 billion.
Top 5 US Import Commodities: In November 2023 the top imports of United States were Cars ($18.6B), Crude Petroleum ($15.5B), Telephones ($11.4B), Commodities not elsewhere specified ($10.5B), and Computers ($9.84B).
Electricity Access in the US : Total population 100% (2021)
Number of Airports in the US: There are 5,193 public airports and 14,776 private airports in the United States.
Railway in the US: Length of the railway networks in the United States is over 250,000km.
Heliports in the US: There are 6,104 heliports on record in the US
Major Seaports in the US:
Atlantic Ocean: Charleston, Hampton Roads, New York/New Jersey, Savannah
Gulf of Mexico: Houston.
Pacific Ocean: Long Beach, Los Angeles, Oakland, Seattle/Tacoma
Gulf of Mexico: Houston.

References

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