List of U.S. states and territories by GDP

(Redirected from List of U.S. states by GDP)

This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.

The GDP of each U.S. state and the District of Columbia in 2023 according to the U.S. Bureau of Economic Analysis
The GDP per capita of each U.S. state and the District of Columbia in 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis

The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries in the state."[1]

Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.[2]

Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022.

The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion). The three U.S. states with the lowest GDPs were Vermont ($45.4 billion), Wyoming ($53.0 billion), and Alaska ($69.8 billion).

GDP per capita also varied widely throughout the United States in 2024, with New York ($117,332), Massachusetts ($110,561), and Washington (state) ($108,468) recording the three highest GDP per capita figures in the U.S., while Mississippi ($53,061), Arkansas ($60,276), and West Virginia ($60,783) recorded the three lowest GDP per capita figures in the U.S. The District of Columbia, though, recorded a GDP per capita figure far higher than any U.S. state in 2024 at $263,220.

50 states and Washington, D.C.

edit

The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024.[1][3]

The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.

State or federal district
Nominal GDP at current prices 2024 (millions of U.S. dollars)[1]
Annual GDP change at current prices (2023–2024)[1]
Real GDP
growth rate
(2023–2024)[1]
Nominal GDP per capita[1][3]
% of national[1]
2022 2024 2022 2024 2022 2024
  California 3,641,643 4,080,178   438,535   5.7%   2.0% $93,460 $104,916 14.69% 14.14%
  Texas 2,402,137 2,694,524   292,387   6.0%   7.4% $78,750 $86,987 8.69% 9.34%
  New York 2,048,403 2,284,364   235,961   5.8%   1.5% $104,660 $117,332 8.11% 7.92%
  Florida 1,439,065 1,695,273   256,208   9.2%   4.3% $63,640 $73,784 5.37% 5.87%
  Illinois 1,025,667 1,132,143   106,476   5.6%   1.0% $81,730 $90,449 4.11% 3.92%
  Pennsylvania 911,813 1,017,257   105,444   6.2%   2.5% $70,350 $78,544 3.67% 3.52%
  Ohio 825,990 922,776   96,786   6.3%   2.1% $70,080 $78,120 3.22% 3.20%
  Georgia 767,378 877,746   110,368   6.7%   1.9% $69,570 $78,754 2.99% 3.04%
  Washington 738,101 850,529   112,428   8.7%   5.1% $94,470 $108,468 2.92% 2.95%
  New Jersey 754,948 841,417   86,469   6.4%   2.1% $81,260 $90,272 2.94% 2.92%
  North Carolina 715,968 832,747   116,779   8.2%   3.0% $66,070 $75,876 2.87% 2.89%
  Massachusetts 691,461 776,147   84,686   5.8%   1.2% $98,750 $110,561 2.79% 2.69%
  Virginia 663,106 759,236   96,130   8.0%   2.9% $76,080 $86,747 2.59% 2.63%
  Michigan 622,563 703,277   80,714   7.5%   1.9% $62,020 $70,038 2.49% 2.44%
  Colorado 491,289 550,173   58,884   7.1%   4.4% $83,580 $93,026 1.85% 1.91%
  Arizona 475,654 548,806   73,152   8.0%   3.0% $64,010 $73,203 1.80% 1.90%
  Tennessee 485,657 545,695   60,038   7.0%   1.8% $68,140 $75,748 1.83% 1.89%
  Maryland 480,113 539,232   59,119   6.3%   1.6% $77,680 $87,021 1.92% 1.87%
  Indiana 470,324 523,832   53,508   5.5%   1.3% $68,530 $76,004 1.84% 1.82%
  Minnesota 448,032 497,631   49,599   6.2%   1.6% $78,080 $86,371 1.80% 1.72%
  Wisconsin 396,209 448,446   52,237   6.9%   1.4% $68,192 $75,605 1.60% 1.55%
  Missouri 396,890 448,165   51,275   7.5%   2.6% $63,126 $72,108 1.58% 1.55%
  Connecticut 319,345 363,417   44,072   7.5%   2.7% $88,760 $100,235 1.30% 1.26%
  South Carolina 297,546 348,128   50,582   8.4%   3.1% $56,066 $63,711 1.18% 1.21%
  Oregon 297,309 329,378   32,069   6.7%   2.3% $70,548 $77,916 1.17% 1.14%
  Louisiana 291,952 326,653   34,701   5.6%   5.0% $61,313 $71,642 1.12% 1.13%
  Alabama 281,569 318,080   36,511   7.0%   2.8% $54,753 $61,846 1.08% 1.10%
  Utah 256,370 298,815   42,445   7.8%   3.7% $73,424 $86,506 0.96% 1.04%
  Kentucky 258,981 291,108   32,127   6.9%   2.1% $57,653 $64,110 1.03% 1.01%
  Oklahoma 242,739 264,596   21,857   4.4%   7.2% $59,894 $64,719 0.90% 0.92%
  Nevada 222,939 259,702   36,763   8.2%   2.6% $67,962 $80,880 0.84% 0.90%
  Iowa 238,342 255,962   17,620   4.6%   0.2% $72,221 $79,631 0.96% 0.89%
  Kansas 209,326 234,119   24,793   7.3%   3.6% $71,729 $79,513 0.84% 0.81%
  Arkansas 165,989 186,197   20,208   5.9%   2.4% $54,259 $60,276 0.63% 0.65%
  Nebraska 164,934 185,238   20,304   8.2%   4.0% $82,207 $93,145 0.66% 0.64%
  District of Columbia 165,061 184,916   19,855   6.5%   1.0% $242,853 $263,220 0.67% 0.64%
  Mississippi 139,976 156,026   16,050   5.9%   2.6% $47,190 $53,061 0.55% 0.54%
  New Mexico 125,541 140,092   14,551   5.4%   6.8% $57,792 $66,229 0.48% 0.49%
  Idaho 110,871 127,373   16,502   7.7%   3.2% $56,496 $63,991 0.41% 0.44%
  New Hampshire 105,025 120,163   15,138   5.8%   1.2% $75,565 $85,518 0.43% 0.42%
  Hawaii 101,083 114,936   13,853   7.1%   2.2% $68,207 $80,325 0.39% 0.40%
  West Virginia 97,417 107,351   9,934   3.9%   4.7% $53,852 $60,783 0.38% 0.37%
  Delaware 90,208 102,401   12,193   6.0%   1.1% $85,977 $98,055 0.35% 0.35%
  Maine 85,801 97,872   12,071   7.8%   3.0% $61,008 $69,803 0.33% 0.34%
  Rhode Island 72,771 81,911   9,140   6.5%   1.6% $65,362 $74,594 0.29% 0.28%
  Montana 67,072 75,855   8,783   6.6%   3.9% $57,945 $66,379 0.26% 0.26%
  North Dakota 72,651 75,724   3,073   3.1%   7.8% $94,021 $95,982 0.28% 0.26%
  South Dakota 68,782 74,938   6,156   7.2%   3.6% $74,268 $80,685 0.27% 0.26%
  Alaska 65,699 69,794   4,095   2.7%   6.5% $86,722 $95,147 0.24% 0.24%
  Wyoming 49,081 52,980   3,899   4.4%   6.3% $81,586 $90,335 0.18% 0.18%
  Vermont 40,831 45,432   4,601   5.6%   1.3% $62,771 $70,131 0.16% 0.16%
  United States 25,744,108 29,016,714   3,272,606   6.6%   2.9% $77,190 $83,347 100% 100%

U.S. territories

edit

The Bureau of Economic Analysis (BEA) collects GDP data for four U.S. territories (American Samoa, Guam, the Northern Mariana Islands, and the U.S. Virgin Islands) separately from the states and the District of Columbia. Data for the U.S. territories is from the World Bank for GDP, GDP per capita and the real growth.[4][5][6][7][8][9][10][11]

Territory Nominal GDP
at Current Prices
(millions of
U.S. dollars)
Real GDP growth rate GDP per capita Year of reference
  Puerto Rico $115,799   -0.2% $37,170 2023
  Guam $6,910   5.1% $40,807 2022
  U.S. Virgin Islands $4,672   -1.3% $44,320 2022
  Northern Mariana Islands $1,096   16.7% $22,118 2022
  American Samoa $871   1.8% $19,673 2022

See also

edit

References

edit
  1. ^ a b c d e f g "GDP by State". GDP by State | U.S. Bureau of Economic Analysis (BEA). Bureau of Economic Analysis. Retrieved 10 April 2022.
  2. ^ Moffatt, Mike. "A Beginner's Guide to Purchasing Power Parity Theory". About.com. IAC/InterActiveCorp. Retrieved 26 March 2021.
  3. ^ a b "New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico". New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico. United States Census Bureau. 21 December 2021. Retrieved 10 April 2022.
  4. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  5. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  6. ^ "GDP for American Samoa | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-03-28.
  7. ^ "GDP for Guam | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-03-28.
  8. ^ "GDP for the Commonwealth of the Northern Mariana Islands (CNMI) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-11-24.
  9. ^ "GDP for the U.S. Virgin Islands (USVI) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-06-27.
  10. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  11. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
edit