North America
Central & South America
Europe
Africa
Asia & Middle East
Southeast Asia & Oceania
United States Business Report
General information
Source: The World Factbook - Central Intelligence Agency
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
EnglishSpanish is also spoken by more than 10% of the population
Corruption perception index (Source: Transparency International)
16/180Low
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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