Wikipedia

List of U.S. states and territories by GDP

(Redirected from List of U.S. states and territories by GDP per capita)

"List of states by GDP" redirects here. For the list of countries worldwide by GDP, see Lists of countries 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 2023. 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 2023, the United States' Nominal GDP at Current Prices totaled at $27.360 trillion, as compared to $25.744 trillion in 2022.

The three U.S. states with the highest GDPs were California ($3.8 trillion), Texas ($2.56 trillion), and New York ($2.15 trillion). The three U.S. states with the lowest GDPs were Vermont ($43.1 billion), Wyoming ($50.1 billion), and Alaska ($67.1 billion).

GDP per capita also varied widely throughout the United States in 2022, with New York ($105,226), Massachusetts ($99,274), and North Dakota ($96,461) recording the three highest GDP per capita figures in the U.S., while Mississippi ($47,572), Arkansas ($54,644), and West Virginia ($54,870) 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 2022 at $242,853.

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 2023.[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. * indicates "GDP of STATE or FEDERAL DISTRICT" or "Economy of STATE or FEDERAL DISTRICT" links.

State or federal district
Nominal GDP at current prices 2023 (millions of U.S. dollars)[1]
Annual GDP change at current prices 2023 (2022–2023)[1]
Real GDP
growth rate
(2022–2023)[1]
Nominal GDP per capita 2023[1][3]
 % of national[1]
2022 2023 2022 2023 2022 2023
  California * 3,641,643 3,862,171   220,528   6.1%   2.1% $92,190 $100,038 14.69% 14.11%
  Texas * 2,402,137 2,563,508   161,371   6.7%   5.7% $78,456 $85,110 8.69% 9.37%
  New York * 2,048,403 2,152,262   103,859   5.1%   0.7% $104,344 $110,781 8.11% 7.86%
  Florida * 1,439,065 1,579,503   140,438   9.8%   5.0% $62,446 $70,557 5.37% 5.77%
  Illinois * 1,025,667 1,082,968   57,301   5.6%   1.3% $82,126 $87,033 4.11% 3.96%
  Pennsylvania * 911,813 965,067   53,254   5.8%   2.2% $71,160 $75,189 3.67% 3.53%
  Ohio * 825,990 872,748   46758   5.7%   1.2% $69,978 $74,739 3.22% 3.19%
  Georgia * 767,378 805,397   38,019   5.0%   0.8% $69,253 $73,558 2.99% 2.94%
  New Jersey * 754,948 799,305   44,357   5.9%   1.5% $80,490 $86,847 2.94% 2.92%
  North Carolina * 715,968 766,919   50,951   7.1%   2.7% $68,243 $71,373 2.87% 2.80%
  Washington * 738,101 801,515   63,414   8.6%   1.8% $93,193 $103,462 2.92% 2.93%
  Massachusetts * 691,461 733,860   42,399   6.1%   1.8% $98,609 $105,884 2.79% 2.68%
  Virginia * 663,106 707,085   43979   6.6%   2.4% $74,789 $81,794 2.59% 2.59%
  Michigan * 622,563 658,992   36,429   5.9%   1.5% $61,859 $66,198 2.49% 2.41%
  Colorado * 491,289 520,389   29,100   5.9%   2.9% $82,954 $89,469 1.85% 1.90%
  Tennessee * 485,657 523,240   37,583   7.7%   3.2% $67,473 $74,081 1.83% 1.91%
  Maryland * 480,113 512,280   32,167   6.7%   2.1% $76,279 $83,565 1.92% 1.87%
  Arizona * 475,654 508,344   32,690   6.9%   2.7% $62,365 $68,965 1.80% 1.86%
  Indiana * 470,324 497,036   26,712   5.7%   1.4% $66,698 $73,047 1.84% 1.82%
  Minnesota * 448,032 471,820   23,788   5.3%   1.2% $78,100 $82,885 1.80% 1.72%
  Wisconsin * 396,209 413,967   17,758   4.5%   0.2% $68,192 $70,569 1.60% 1.51%
  Missouri * 396,890 422,306   25,416   6.4%   2.2% $63,126 $68,623 1.58% 1.54%
  Connecticut * 319,345 340,181   20,836   6.5%   2.1% $88,760 $94,876 1.30% 1.24%
  Oregon * 297,309 316,461   19,092   6.4%   2.1% $70,548 $75,477 1.17% 1.15%
  South Carolina * 297,546 322,259   24,713   8.3%   3.6% $56,066 $60,550 1.18% 1.18%
  Louisiana * 291,952 309,601   17,649   6.0%   3.0% $61,313 $68,507 1.12% 1.13%
  Alabama * 281,569 300,152   18,583   6.6%   2.5% $54,753 $59,174 1.08% 1.10%
  Kentucky * 258,981 277,747   18,766   7.2%   3.5% $57,653 $61,961 1.03% 1.01%
  Utah * 256,370 272,586   16,216   6.3%   2.5% $73,424 $80,476 0.96% 0.99%
  Oklahoma * 242,739 254,134   11,395   4.7%   5.3% $59,894 $63,390 0.90% 0.93%
  Iowa * 238,342 248,923   10,581   4.4%   1.3% $72,221 $78,209 0.96% 0.91%
  Nevada * 222,939 239,398   16,459   7.4%   2.7% $67,962 $75,585 0.84% 0.87%
  Kansas * 209,326 226,012   16,686   8.0%   4.3% $71,729 $78,348 0.84% 0.83%
  Arkansas * 165,989 176,240   10,251   6.2%   2.5% $54,259 $57,657 0.63% 0.64%
  Nebraska * 164,934 178,421   13,487   8.2%   5.2% $82,207 $91,553 0.66% 0.65%
  District of Columbia* 165,061 174,796   9,735   5.9%   1.0% $242,853 $259,938 0.67% 0.64%
  Mississippi * 139,976 146,401   6,425   4.6%   0.7% $47,190 $49,911 0.55% 0.54%
  New Mexico * 125,541 130,202   4,661   3.7%   4.1% $57,792 $62,209 0.48% 0.47%
  Idaho * 110,871 118,791   7,920   7.1%   3.5% $56,496 $60,980 0.41% 0.43%
  New Hampshire * 105,025 111,102   6,077   5.8%   1.2% $75,565 $79,929 0.43% 0.41%
  Hawaii * 101,083 108,023   6,940   6.9%   2.0% $68,207 $75,946 0.39% 0.40%
  West Virginia * 97,417 99,511   2,094   2.1%   4.7% $53,852 $56,630 0.38% 0.36%
  Delaware * 90,208 93,595   3,357   3.8%   -1.2% $85,977 $91,207 0.35% 0.34%
  Maine * 85,801 91,081   5,280   6.2%   1.9% $61,008 $65,785 0.33% 0.33%
  North Dakota * 72,651 74,113   1,462   2.0%   5.9% $94,021 $95,082 0.28% 0.27%
  Rhode Island * 72,771 77,322   4,551   6.3%   1.6% $65,362 $71,122 0.29% 0.28%
  South Dakota * 68,782 72,421   3,639   5.3%   2.5% $74,268 $79,412 0.27% 0.26%
  Montana * 67,072 70,560   3,498   5.2%   2.2% $57,945 $62,753 0.26% 0.26%
  Alaska * 65,699 67,337   1,638   2.5%   5.3% $86,722 $92,272 0.24% 0.25%
  Wyoming * 49,081 50,172   1,091   2.2%   5.4% $81,586 $86,880 0.18% 0.18%
  Vermont * 40,831 43,130   2,299   5.6%   1.3% $62,771 $67,006 0.16% 0.16%
  United States * 25,744,108 27,360,935   1,616,827   6.3%   2.5% $75,557 $82,439 100% 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][12][13][14][15]

Territory Nominal GDP
at Current Prices
(millions of
U.S. dollars) 		Real GDP growth rate GDP per capita Year of reference
  Puerto Rico * $113,434   3.4% $35,208 2022
  Guam * $6,910   5.1% $40,807 2022
  U.S. Virgin Islands * $4,444   2.9% $41,976 2021
  Northern Mariana Islands * $858   29.7% $17,302 2020
  American Samoa * $871   1.7% $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 2024-03-28.
  9. ^ "GDP for the U.S. Virgin Islands (USVI) | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-03-28.
  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.
  12. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  13. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  14. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.
  15. ^ "World Bank Open Data". World Bank Open Data. Retrieved 2024-03-28.

External links edit

Retrieved from "https://en.wikipedia.org/w/index.php?title=List_of_U.S._states_and_territories_by_GDP&oldid=1219989909"