Nominal US GDP by Year 8-6-24

The 2020 data shows 3 revisions 

US Nominal GDP by Year

Year      $ NGDP   

2018  20.53306T

2019  21.38098T

2020  21.06047T est Feb 2020

2020  20.93T final Dec 31 2020..

2020  22.31T current data.

2021  23.315T

2022  25.462T

2023 26.949T

2024 28.269T

https://www.google.com/search?q=did+us+nominal+gdp+decrease+in+2020&oq=did+us+nominal+gdp+decrease+in+2020&aqs=chrome..69i57j33i160.21490j0j7&sourceid=chrome&ie=UTF-8

The 2020 decrease reflected Covid 19 shutdowns. The US Nominal GDP was reported as $22.31T and was revised down to $20.93T.

Current-dollar GDP decreased 2.3 percent, or $500.6 billion, in 2020 to a level of $20.93 trillion, compared with an increase of 4.0 percent, or $821.3 billion, in 2019 (tables 1 and 3).Jan 28, 2021  US 2020 ngdp was 20.93T

Current-dollar GDP increased 9.2 percent, or $2.15 trillion, in 2022 to a level of $25.46 trillion, compared with an increase of 10.7 percent, or $2.25 trillion, in 2021 (tables 1 and 3).

US 2021 ngdp was 23.31T.

https://www.bea.gov/news/2023/gross-domestic-product-fourth-quarter-and-year-2022-advance-estimate#:~:text=Current%2Ddollar%20GDP%20increased%209.2,(tables%201%20and%203).

Norb Leahy, Dunwoody GA Tea Party Leader