Presidential Comparison

Biden vs Trump

Last updated: December 7th, 2023

This page has the comparisons between Biden vs Trump 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, Joe Biden has performed better on 2 out of the 5 metrics we track.  President Biden's highest performance difference was on the indicator GDP performing 11.44% better than President Trump. President Biden's lowest performance difference was on NASDAQ Index performing -47.67% worse than President Trump.

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

Biden vs. Trump stock market performance

How does Biden compare to Trump in the stock market? We share the facts on cumulative and annualized performance between Biden and Trump in the stock market. Cumulatively across the S&P 500, Biden is at 20.67% compared to Trump at 38.97% a difference of -18.30%. On the NASDAQ, Biden is at 8.59% compared to Trump at 56.25%  a difference of -47.67%. Finally, on the DOW Jones, Biden is at 16.76% compared to Trump at 41.97% a difference of -25.22%.

Cumulative Performance
Joe BidenDonald TrumpDifference
NASDAQ8.59%56.25%Biden -47.67%
DOW16.76%41.97%Biden -25.22%
S&P20.67%38.97%Biden -18.30%
Annualized Performance
Joe BidenDonald TrumpDifference
NASDAQ2.90%16.77%Biden -13.87%
DOW5.52%12.94%Biden -7.42%
S&P6.74%12.11%Biden -5.37%

Biden vs. Trump GDP performance

How does Biden compare to Trump with respect to GDP Growth? We share the facts on cumulative and annualized GDP growth. Cumulatively Biden is at 17.92% compared to Trump at 6.48% a difference of 11.44%

Joe BidenDonald TrumpDifference
Cumulative17.92%6.48%Biden +11.44%
Annualized6.97%2.60%Biden +4.37%

Biden vs. Trump jobs growth performance

How does Biden compare to Trump in non-farm payroll? We share the facts on cumulative and annualized jobs created. Cumulatively Biden is at 9.99% compared to Trump at 4.07% a difference of 5.92%

Cumulative Gain/Loss
Joe BidenDonald TrumpDifference
Cumulative9.99%4.07%Biden +5.92%
Annualized3.59%1.49%Biden +2.10%

How do we calculate data for Biden vs. Trump?

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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