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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.

The United States is the largest economy in the world and USA trade is very important for any business.

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