Presidential Comparison

Trump vs Biden

Last updated: May 28th, 2024

This page has the comparisons between Trump vs Biden across all the metrics we track. Since President Biden is still in office, Biden's performance is still current date and Trump's performance is for the same equivalent time period in Trump's presidency.

With respect to cumulative performance, Donald Trump has performed better on 2 out of the 5 metrics we track.  President Trump's highest performance difference was on the indicator NASDAQ Index performing 40.15% better than President Biden. President Trump's lowest performance difference was on Job Growth performing -21.47% worse than President Biden.

We highly recommend you read this article as well prior: What's the best way to interpret the facts and data on Facts First?

Trump vs. Biden stock market performance

How does Trump compare to Biden in the stock market? We share the facts on cumulative and annualized performance between Trump and Biden in the stock market. Cumulatively across the S&P 500, Trump is at 33.84% compared to Biden at 39.67% a difference of -5.83%. On the NASDAQ, Trump is at 69.11% compared to Biden at 28.97%  a difference of 40.15%. Finally, on the DOW Jones, Trump is at 28.73% compared to Biden at 25.61% a difference of 3.11%.

Cumulative Performance
Donald TrumpJoe BidenDifference
NASDAQ69.11%28.97%Trump +40.15%
DOW28.73%25.61%Trump +3.11%
S&P33.84%39.67%Trump -5.83%
Annualized Performance
Donald TrumpJoe BidenDifference
NASDAQ16.95%7.87%Trump +9.07%
DOW7.81%7.03%Trump +0.78%
S&P9.07%10.47%Trump -1.40%

Trump vs. Biden GDP performance

How does Trump compare to Biden with respect to GDP Growth? We share the facts on cumulative and annualized GDP growth. Cumulatively Trump is at 5.75% compared to Biden at 19.29% a difference of -13.54%

Donald TrumpJoe BidenDifference
Cumulative5.75%19.29%Trump -13.54%
Annualized1.91%6.16%Trump -4.25%

Trump vs. Biden jobs growth performance

How does Trump compare to Biden in non-farm payroll? We share the facts on cumulative and annualized jobs created. Cumulatively Trump is at -10.52% compared to Biden at 10.95% a difference of -21.47%

Cumulative Gain/Loss
Donald TrumpJoe BidenDifference
Cumulative-10.52%10.95%Trump -21.47%
Annualized-3.41%3.30%Trump -6.71%

How do we calculate data for Trump vs. Biden?

We capture the data as soon as it’s available to us – stock market data after daily market close, jobs data once a month and GDP data once a quarter. After verifying the raw data, we then calculate updated cumulative and annualized performance data for the current president (the data for previous presidents have been calculated and verified in advance).

Some metrics are measured daily (like stock market performance), monthly (like jobs growth) and quarterly (like GDP growth). We start measurement of performance for a president from the first full time period after their inauguration. For stock market performance, it is the first stock market day in office. For jobs growth, it’s either first full calendar month in office (so if you are inaugurated in the middle of January, the first full month is February). This ensures a consistent starting point across all presidencies.

Also, read these articles in our Learning Center:

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