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United States Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
326,625,791 (July 2017 est.)
GDP (PPP)
$19.36 trillion (2017 est.)

Second largest economy in the world

GDP growth rate
2.2% (2017 est.)

Good, though it remains low for the Country's historical standards

GDP (PPP) per capita
$59,500 (2017 est.)

Very high, especially for such a large country

Local currency
US Dollar (USD)

The most used currency in the world but not necessarily the most stable

Financial stability (Public debt)
77.4% of GDP (2017 est.)

Official data exclude debt issued by individual US states, as well as intra-governmental debt; if these were added, the ratio of public debt would be greater than 100% of GDP

Inflation
2.1% (2017 est.)

Medium, though it has recovered from very low rates

Language
English

Spanish is also spoken by more than 10% of the population

Corruption perception index (Source: Transparency International)
16/180

Low

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

No VAT exists at federal level Sales taxes are imposed in 45 states, ranging from 2.9% to 7.25%
Corporate Tax

Federal Tax rate 21% State tax ranging from 0% to 12%
Duties

Goods imported are either subject to duty or exempt according to their classification in the Harmonized Tariff Schedule of the United States.

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