The United States is a founding member of the United Nations, World Bank, International Monetary Fund, Organization of American States (OAS), and other international organizations. The United States is a highly developed country, with the world’s largest economy by nominal GDP and second-largest economy by PPP, accounting for approximately a quarter of global GDP. The U.S. economy is the fastest-growing in the Americas and is largely post-industrial, characterized by the dominance of services and knowledge-based activities, although the manufacturing sector remains the second-largest in the world. Though its population is only 4.3% of the world total, Americans hold 33.4% of the total wealth in the world, the largest share of global wealth concentrated in a single country. The United States ranks among the highest nations in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person. The U.S. is the foremost military power in the world, making up a third of global military spending. It is also a global leader in science and technology.
