- Conventional long form
- United States of America
- Conventional short form
- United States
- Local long form
- Local short form
- Name
- Washington
- Geographic coordinates
- 38 53 N, 77 02 W
- Time difference
- UTC-5 (during Standard Time)
- Daylight saving time
- +1hr, begins second Sunday in March; ends first Sunday in November
- Inflation
- 1.262%
- Total tax rate (% of commercial profits)
- 44.0%
- Real Interest Rate
- 2.168%
- Manufacturing, value added (% of GDP)
- 12.27%
- Current Account Balance
- US$ -481,210,000,000
- Labor Force, Total
- 162,173,604
- Employment in Agriculture
- 1.62%
- Employment in Industry
- 18.39%
- Employment in Services
- 79.99%
- Unemployment Rate
- 4.91%
- Imports of goods and services
- US$ 2,786,284,000,000
- Exports of goods and services
- US$ 2,264,313,000,000
- Total Merchandise Trade
- 21.14%
- FDI, net inflows
- US$ 425,256,000,000
- Commercial Service Exports
- US$ 732,551,000,000
- Commodities
- agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2008 est.)
- Partners
- Canada 18.6%, Mexico 15.7%, China 7.7%, Japan 4.2% (2015)
- Commodities
- agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2008 est.)
- Partners
- China 21.5%, Canada 13.2%, Mexico 13.2%, Japan 5.9%, Germany 5.5% (2015)
- Country Risk Rating
- A2
- The political and economic situation is good. A basically stable and efficient business environment nonetheless leaves room for improvement. Corporate default probability is low on average.
- Business Climate Rating
- A1
- The business environment is very good. Corporate financial information is available and reliable. Debt collection is efficient. Institutional quality is very good. Intercompany transactions run smoothly in environments rated A1.
- Flexibility in the labor market
- Full employment is also one of the objectives of the Federal Reserve
- Predominant role of the dollar in the global economy
- Nearly 60% of the public debt held by residents
- Growing energy self-sufficiency
- Low employment rate
- Households' limited geographic flexibility
- Polarization of political life
- Lower fertility rate
- Obsolescence of many infrastructures