Introduction
The United States has the largest gross domestic product (GDP) in the world, with a GDP of approximately $23.3 trillion. This strong national economy is reflected in the high GDPs of many of the states, particularly those with major economic centers and industries. More particularly, California has the highest GDP of all states, at $3.5 trillion, followed by Texas and New York, with $2.1 trillion and $1.9 trillion, respectively. These three states account for almost a third of the total US GDP.
The top ten states with the highest GDP are mainly coastal states or states with large metropolitan areas. Florida, for example, has the fourth highest GDP, driven by the tourism and real estate industries. Similarly, Illinois, Pennsylvania, and New Jersey, all states with major cities, are also in the top ten.
On the other hand, the states with the lowest GDP are mainly located in the Midwest and Rocky Mountain regions. Vermont has the lowest GDP, followed by Wyoming and Alaska. These states typically have smaller populations and fewer economic opportunities, leading to lower economic output.
Overall, the data suggests that the US economy is heavily concentrated in a few states, with coastal and metropolitan areas contributing significantly to the country’s GDP.
States by GDP
# | State | GDP | GDP per capita |
---|---|---|---|
1 | California | 3.5 trillion | $89,540 |
2 | Texas | 2.1 trillion | $71,274 |
3 | New York | 1.9 trillion | $96,502 |
4 | Florida | 1.3 trillion | $59,046 |
5 | Illinois | 973 billion | $76,825 |
6 | Pennsylvania | 875 billion | $67,485 |
7 | Ohio | 765 billion | $64,941 |
8 | Georgia | 714 billion | $66,109 |
9 | New Jersey | 700 billion | $75,549 |
10 | Washington | 697 billion | $90,034 |
11 | North Carolina | 685 billion | $64,885 |
12 | Massachusetts | 664 billion | $95,029 |
13 | Virginia | 615 billion | $71,133 |
14 | Michigan | 592 billion | $58,935 |
15 | Maryland | 452 billion | $73,313 |
16 | Colorado | 441 billion | $75,860 |
17 | Tennessee | 439 billion | $62,944 |
18 | Indiana | 438 billion | $64,357 |
19 | Arizona | 430 billion | $59,071 |
20 | Minnesota | 429 billion | $75,234 |
21 | Wisconsin | 380 billion | $64,436 |
22 | Missouri | 373 billion | $60,489 |
23 | Connecticut | 309 billion | $85,609 |
24 | South Carolina | 282 billion | $54,280 |
25 | Oregon | 279 billion | $65,806 |
26 | Louisiana | 267 billion | $57,769 |
27 | Alabama | 257 billion | $51,086 |
28 | Kentucky | 244 billion | $54,216 |
29 | Utah | 230 billion | $69,007 |
30 | Iowa | 226 billion | $70,683 |
31 | Oklahoma | 219 billion | $54,824 |
32 | Nevada | 204 billion | $64,983 |
33 | Kansas | 198 billion | $67,570 |
34 | District of Columbia | 156 billion | $233,500 |
35 | Nebraska | 154 billion | $78,500 |
36 | Arkansas | 150 billion | $49,732 |
37 | Mississippi | 130 billion | $44,060 |
38 | New Mexico | 115 billion | $54,200 |
39 | New Hampshire | 102 billion | $73,751 |
40 | Idaho | 98 billion | $51,793 |
41 | Hawaii | 95 billion | $65,857 |
42 | West Virginia | 92 billion | $51,573 |
43 | Delaware | 84 billion | $83,922 |
44 | Maine | 79 billion | $57,699 |
45 | Rhode Island | 69 billion | $62,817 |
46 | North Dakota | 66 billion | $85,647 |
47 | South Dakota | 63 billion | $70,148 |
48 | Montana | 62 billion | $56,130 |
49 | Alaska | 58 billion | $79,139 |
50 | Wyoming | 44 billion | $76,577 |
51 | Vermont | 38 billion | $58,311 |
States With Highest GDP
The ten states with the highest GDP are California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Georgia, New Jersey, and Washington. The state with the highest GDP is California, with a GDP of $3.5 trillion. Texas has the second-highest GDP, with a GDP of $2.1 trillion, driven by the energy industry and international trade. New York is the third state with the highest GDP, with a GDP of $1.9 trillion. Florida has the fourth-highest GDP, with a GDP of $1.3 trillion, driven by tourism, real estate, and healthcare. Illinois has the fifth-highest GDP, with a GDP of $973 billion, driven by industries such as finance, healthcare, and transportation. Pennsylvania is the sixth state with the highest GDP in America, with a GDP of $874 billion. Ohio has the seventh-highest GDP, with a GDP of $765 billion. Georgia is the eighth state with the highest GDP, with a GDP of $713 billion. Coming in ninth place, New Jersey has a GDP of $700 billion which is driven by industries such as pharmaceuticals, finance, and healthcare. Finally, Washington is the tenth state with the highest GDP, with a GDP of $696 billion, driven by industries such as technology, aerospace, and agriculture.
The ten states with the highest GDP are:
1. California – $3.5 trillion
2. Texas – $2.1 trillion
3. New York – $1.9 trillion
4. Florida – $1.3 trillion
5. Illinois – $973 billion
6. Pennsylvania – $874 billion
7. Ohio – $765 billion
8. Georgia – $713 billion
9. New Jersey – $700 billion
10. Washington – $696 billion
State With Highest GDP
California is the state with the highest GDP in the United States, with a GDP of $3.5 trillion. There are several reasons why California has the highest GDP in America. Firstly, the state has a diverse economy, with major industries including technology, entertainment, agriculture, and manufacturing. California is home to Silicon Valley, which is a hub for technology and innovation, and many of the world’s largest tech companies are headquartered there. Additionally, California has a large and growing population, which provides a substantial consumer market. The state also benefits from its location, with access to ports and trade routes that facilitate international trade. Finally, California has a favorable business climate, with policies that support entrepreneurship and innovation. All of these factors contribute to California’s robust and prosperous economy, making it a major economic powerhouse both within the United States and globally.
States With Lowest GDP
The ten states with the lowest GDP are Vermont, Wyoming, Alaska, Montana, South Dakota, North Dakota, Rhode Island, Maine, Delaware, and West Virginia. Vermont, with a GDP of $37 billion, has the lowest GDP among all the states. Wyoming follows, with a GDP of $44 billion, and Alaska is in the third position, with a GDP of $57 billion. Montana is the fourth state on the list, with a GDP of $61 billion, and South Dakota comes next, with a GDP of $62 billion. North Dakota ranks sixth, with a GDP of $66 billion, while Rhode Island has a GDP of $68 billion, which puts it in the seventh position. Maine follows with a GDP of $79 billion, and Delaware’s GDP is $84 billion. Finally, West Virginia has a GDP of $91 billion, making it the tenth state with the lowest GDP.
The ten states with the lowest GDP are:
1. Vermont – $37 billion
2. Wyoming – $44 billion
3. Alaska – $57 billion
4. Montana – $61 billion
5. South Dakota – $62 billion
6. North Dakota – $66 billion
7. Rhode Island – $68 billion
8. Maine – $79 billion
9. Delaware – $84 billion
10. West Virginia – $91 billion
State With Lowest GDP
Vermont is the state with the lowest GDP among all the states in the US, with a GDP of $37.6 billion. Vermont is a small state with a population of just under 650,000, and its economy is mainly based on agriculture and tourism. The state is known for its maple syrup, dairy products, and outdoor recreation activities, such as skiing and hiking. Despite having a small economy, Vermont has one of the highest rates of entrepreneurship in the country, and the state government has implemented policies to encourage small business development. However, due to its small size and limited natural resources, Vermont’s economy faces challenges in competing with larger and more diverse economies in other states.
US States by GDP
Alabama
GDP
257 billion
Ranked in the US
#27
$51,086
Ranked in the US
#49
Alabama has a GDP of $257,465,000,000 and a GDP per capita of $51,086. The state's economy is diverse, with industries like aerospace, automotive manufacturing, and healthcare being major contributors.
Alaska
GDP
58 billion
Ranked in the US
#49
$79,139
Ranked in the US
#9
Alaska has a GDP of $57,983,000,000 and a GDP per capita of $79,139. Its economy is heavily reliant on oil and gas production, fishing, and tourism industries, with the state's rugged wilderness and natural beauty attracting many visitors each year.
Arizona
GDP
430 billion
Ranked in the US
#19
$59,071
Ranked in the US
#36
Arizona has the nineteenth highest GDP in the United States, with a total GDP of $429,819,000,000 and a GDP per capita of $59,071. The state has a diverse economy that includes significant contributions from healthcare, tourism, and the aerospace industry. Arizona is also a major center for semiconductor manufacturing.
Arkansas
GDP
150 billion
Ranked in the US
#36
$49,732
Ranked in the US
#50
Arkansas has a GDP of $150,483,000,000 and a GDP per capita of $49,732. Its economy is driven by agriculture, forestry, and manufacturing industries.
California
GDP
3.5 trillion
Ranked in the US
#1
$89,540
Ranked in the US
#5
California, the largest economy in the United States, has a GDP of $3.5 trillion and a GDP per capita of $89,540. The state's economy is diverse, with significant contributions from industries such as entertainment, technology, agriculture, and manufacturing. Los Angeles, San Francisco, and San Diego are the top three metropolitan areas in the state by GDP.
Colorado
GDP
441 billion
Ranked in the US
#16
$75,860
Ranked in the US
#13
Colorado has the sixteenth best economy in the United States, with a total GDP of $440,903,000,000 and a GDP per capita of $75,860. The state has a diverse economy that includes significant contributions from the aerospace, technology, and energy industries. Colorado is also a major tourism destination, particularly for outdoor recreation.
Connecticut
GDP
309 billion
Ranked in the US
#23
$85,609
Ranked in the US
#7
Connecticut has a GDP of $308,671,000,000 and a GDP per capita of $85,609. The state has a highly educated workforce and a diverse economy that includes significant contributions from finance, insurance, and healthcare. Connecticut is also a major center for aerospace manufacturing.
Delaware
GDP
84 billion
Ranked in the US
#43
$83,922
Ranked in the US
#8
Delaware has a GDP of $84,206,000,000 and a GDP per capita of $83,922. Its economy is driven by finance and banking, with numerous financial institutions and corporations headquartered in the state.
District of Columbia
GDP
156 billion
Ranked in the US
#34
$233,500
Ranked in the US
#1
The District of Columbia has a GDP of $156,457,000,000 and a GDP per capita of $233,500. The district's economy is driven by the federal government, with many residents working in government-related jobs. The district is also home to several large law firms and consulting companies.
Florida
GDP
1.3 trillion
Ranked in the US
#4
$59,046
Ranked in the US
#37
Florida, the fourth state with the highest GDP, has a GDP of $1.3 trillion and a GDP per capita of $59,046. The state's economy is driven by industries such as tourism, real estate, and international trade. The metropolitan areas of Miami, Tampa, and Orlando are the top three contributors to the state's GDP.
Georgia
GDP
714 billion
Ranked in the US
#8
$66,109
Ranked in the US
#25
Georgia's economy is the eighth-largest in the US, with a total GDP of $713 billion in 2021. The state's economy is diverse and includes major industries such as logistics, healthcare, and tourism. Georgia's GDP per capita is around $66,109.
Hawaii
GDP
95 billion
Ranked in the US
#41
$65,857
Ranked in the US
#26
Hawaii has a GDP of $94,937,000,000 and a GDP per capita of $65,857. Its economy is heavily reliant on tourism, with visitors drawn to the state's natural beauty and cultural attractions.
Idaho
GDP
98 billion
Ranked in the US
#40
$51,793
Ranked in the US
#47
Idaho has a GDP of $98,455,000,000 and a GDP per capita of $51,793. Its economy is driven by agriculture, particularly potato farming, as well as manufacturing, technology, and outdoor recreation industries.
Illinois
GDP
973 billion
Ranked in the US
#5
$76,825
Ranked in the US
#11
Illinois has the fifth highest GDP in the US, with a total GDP of over $973 billion. Its GDP per capita is around $76,825. The state is home to several Fortune 500 companies, including Boeing, McDonald's, and Caterpillar.
Indiana
GDP
438 billion
Ranked in the US
#18
$64,357
Ranked in the US
#32
Indiana has the eighteenth largest GDP in the United States, with a total GDP of $438,012,000,000 and a GDP per capita of $64,357. The state has a strong manufacturing sector, particularly in the automotive and pharmaceutical industries. Indiana's economy also includes significant contributions from healthcare and logistics.
Iowa
GDP
226 billion
Ranked in the US
#30
$70,683
Ranked in the US
#20
Iowa has a GDP of $225,696,000,000 and a GDP per capita of $70,683. The state's economy is driven by several industries, including agriculture, manufacturing, and renewable energy.
Kansas
GDP
198 billion
Ranked in the US
#33
$67,570
Ranked in the US
#23
Kansas has a GDP of $198,291,000,000 and a GDP per capita of $67,570. The state's economy is driven by several industries, including agriculture, manufacturing, and energy.
Kentucky
GDP
244 billion
Ranked in the US
#28
$54,216
Ranked in the US
#45
Kentucky has a GDP of $244,480,000,000 and a GDP per capita of $54,216. The state's economy is driven by several industries, including healthcare, manufacturing, and logistics.
Louisiana
GDP
267 billion
Ranked in the US
#26
$57,769
Ranked in the US
#40
Louisiana has a GDP of $267,126,000,000 and a GDP per capita of $57,769. The state's economy is driven by a mix of industries, including oil and gas, agriculture, and manufacturing.
Maine
GDP
79 billion
Ranked in the US
#44
$57,699
Ranked in the US
#41
Maine has a GDP of $79,177,000,000 and a GDP per capita of $57,699. Its economy is based on forestry, fishing, and tourism industries, with its scenic coastal towns attracting many visitors each year.
Maryland
GDP
452 billion
Ranked in the US
#15
$73,313
Ranked in the US
#17
Maryland is the fifteenth state with the highest GDP in the United States, with a total GDP of $451,986,000,000 and a GDP per capita of $73,313. The state is home to many federal agencies and contractors, as well as several major defense companies. Maryland's economy also includes significant contributions from the healthcare and biotechnology industries.
Massachusetts
GDP
664 billion
Ranked in the US
#12
$95,029
Ranked in the US
#3
Massachusetts is the twelfth state with the highest GDP in the United States, with a total GDP of $663,750,000,000 and a per capita GDP of $95,029. The state's economy is driven by industries such as healthcare, biotechnology, and education.
Michigan
GDP
592 billion
Ranked in the US
#14
$58,935
Ranked in the US
#38
Michigan is the fourteenth state with the highest GDP in the United States, with a total GDP of $592,349,000,000 and a GDP per capita of $58,935. The state has a long history of manufacturing and is home to several major automobile manufacturers. Michigan's economy has also diversified in recent years, with growth in healthcare, technology, and tourism.
Minnesota
GDP
429 billion
Ranked in the US
#20
$75,234
Ranked in the US
#15
Minnesota is the twentieth state with the highest GDP in the United States, with a total GDP of $429,391,000,000 and a GDP per capita of $75,234. The state has a strong economy that includes significant contributions from healthcare, finance, and technology. Minnesota is also home to several major food and agricultural companies.
Mississippi
GDP
130 billion
Ranked in the US
#37
$44,060
Ranked in the US
#51
Mississippi has a GDP of $129,974,000,000 and a GDP per capita of $44,060. Its economy is heavily reliant on agriculture, with cotton, soybeans, and rice being major crops, as well as manufacturing and healthcare industries.
Missouri
GDP
373 billion
Ranked in the US
#22
$60,489
Ranked in the US
#35
Missouri has a GDP of $373,105,000,000 and a GDP per capita of $60,489. The state has a strong manufacturing sector, particularly in the transportation equipment industry. Missouri's economy also includes significant contributions from healthcare, finance, and agriculture.
Montana
GDP
62 billion
Ranked in the US
#48
$56,130
Ranked in the US
#42
Montana has a GDP of $61,983,000,000 and a GDP per capita of $56,130. Its economy is based on agriculture, mining, and tourism industries, with visitors drawn to its natural beauty and outdoor recreation opportunities.
Nebraska
GDP
154 billion
Ranked in the US
#35
$78,500
Ranked in the US
#10
Nebraska has a GDP of $154,149,000,000 and a GDP per capita of $78,500. The state's economy is driven by several industries, including agriculture, manufacturing, and logistics.
Nevada
GDP
204 billion
Ranked in the US
#32
$64,983
Ranked in the US
#28
Nevada has a GDP of $204,306,000,000 and a GDP per capita of $64,983. The state's economy is heavily dependent on the tourism and hospitality industries, with Las Vegas being a major tourist destination. The state is also home to several large companies in the gaming and entertainment industries.
New Hampshire
GDP
102 billion
Ranked in the US
#39
$73,751
Ranked in the US
#16
New Hampshire has a GDP of $102,439,000,000 and a GDP per capita of $73,751. Its economy is diverse, with significant contributions from healthcare, education, and technology industries, and the state has a strong tourism sector due to its scenic beauty.
New Jersey
GDP
700 billion
Ranked in the US
#9
$75,549
Ranked in the US
#14
New Jersey has the ninth largest GDP in the United States, with a total GDP of $700,119,000,000 and a per capita GDP of $75,549. The state's economy is diverse and includes industries such as pharmaceuticals, finance, and telecommunications. New Jersey is also home to one of the busiest ports in the world, the Port of New York and New Jersey, which contributes significantly to the state's economy.
New Mexico
GDP
115 billion
Ranked in the US
#38
$54,200
Ranked in the US
#46
New Mexico has a GDP of $114,680,000,000 and a GDP per capita of $54,200. Its economy is dominated by oil and gas production.
New York
GDP
1.9 trillion
Ranked in the US
#3
$96,502
Ranked in the US
#2
New York, with a GDP of $1.9 trillion and a GDP per capita of $96,502, is the state with the third highest GDP in America. The state's economy is dominated by the financial services industry, with significant contributions from other industries such as healthcare, education, and technology. New York City, the largest metropolitan area in the state, is the center of the state's economy.
North Carolina
GDP
685 billion
Ranked in the US
#11
$64,885
Ranked in the US
#30
North Carolina has the eleventh highest GDP in the United States, with a total GDP of $684,607,000,000 and a per capita GDP of $64,885. The state's economy is diverse, with industries such as banking, biotechnology, and textiles playing significant roles.
North Dakota
GDP
66 billion
Ranked in the US
#46
$85,647
Ranked in the US
#6
North Dakota has a GDP of $66,372,000,000 and a GDP per capita of $85,647. Its economy is dominated by oil and gas production.
Ohio
GDP
765 billion
Ranked in the US
#7
$64,941
Ranked in the US
#29
Ohio has the seventh best economy in the US, with a total GDP of $765 billion. Its economy is diverse and includes industries such as manufacturing, healthcare, and finance. The state's GDP per capita is around $64,941.
Oklahoma
GDP
219 billion
Ranked in the US
#31
$54,824
Ranked in the US
#43
Oklahoma has a GDP of $218,564,000,000 and a GDP per capita of $54,824. The state's economy is driven by several industries, including oil and gas, aerospace, and agriculture.
Oregon
GDP
279 billion
Ranked in the US
#25
$65,806
Ranked in the US
#27
Oregon has a GDP of $279,424,000,000 and a GDP per capita of $65,806. The state has a diverse economy with agriculture, manufacturing, and technology being major contributors to its economy.
Pennsylvania
GDP
875 billion
Ranked in the US
#6
$67,485
Ranked in the US
#24
Pennsylvania is the sixth-largest state economy in the US, with a total GDP of $874 billion. The state's economy is diverse, with major industries including healthcare, education, and manufacturing. The state's GDP per capita is around $67,485.
Rhode Island
GDP
69 billion
Ranked in the US
#45
$62,817
Ranked in the US
#34
Rhode Island has a GDP of $68,823,000,000 and a GDP per capita of $62,817. Its economy is heavily reliant on healthcare, education, and financial services industries, and it is also known for its jewelry manufacturing.
South Carolina
GDP
282 billion
Ranked in the US
#24
$54,280
Ranked in the US
#44
South Dakota
GDP
63 billion
Ranked in the US
#47
$70,148
Ranked in the US
#21
South Dakota has a GDP of $62,809,000,000 and a GDP per capita of $70,148. Its economy is driven by agriculture, with cattle, corn, soybeans, and wheat being major crops, as well as manufacturing and healthcare industries.
Tennessee
GDP
439 billion
Ranked in the US
#17
$62,944
Ranked in the US
#33
Tennessee has the seventeenth largest GDP in the United States, with a total GDP of $439,050,000,000 and a GDP per capita of $62,944. The state has a strong manufacturing sector, particularly in the automotive industry. Tennessee's economy also includes significant contributions from healthcare, transportation, and tourism.
Texas
GDP
2.1 trillion
Ranked in the US
#2
$71,274
Ranked in the US
#18
Texas has the second best economy in the US, with a GDP of $2.1 trillion and a GDP per capita of $71,274. The state is home to several major industries, including energy, technology, and agriculture. The metropolitan areas of Houston, Dallas, and Austin are the top three contributors to the state's GDP.
Utah
GDP
230 billion
Ranked in the US
#29
$69,007
Ranked in the US
#22
Utah has a GDP of $230,342,000,000 and a GDP per capita of $69,007. The state's economy is diverse, with industries like information technology, healthcare, and tourism being major contributors.
Vermont
GDP
38 billion
Ranked in the US
#51
$58,311
Ranked in the US
#39
Vermont has a GDP of $37,644,000,000 and a GDP per capita of $60,909. The state's economy is primarily based on healthcare, education, retail, and tourism.
Virginia
GDP
615 billion
Ranked in the US
#13
$71,133
Ranked in the US
#19
Virginia has the thirteenth highest GDP in the United States, with a total GDP of $614,754,000,000 and a GDP per capita of $71,133. The state has a diverse economy that includes a strong technology sector, as well as significant contributions from the defense and agriculture industries.
Washington
GDP
697 billion
Ranked in the US
#10
$90,034
Ranked in the US
#4
Washington is the tenth state with the highest GDP in the United States, with a total GDP of $696,748,000,000 and a per capita GDP of $90,034. The state's economy is driven by the technology industry, with companies like Microsoft, Amazon, and Boeing all headquartered in the state.
West Virginia
GDP
92 billion
Ranked in the US
#42
$51,573
Ranked in the US
#48
West Virginia has a GDP of $91,953,000,000 and a GDP per capita of $51,573. Its economy is primarily based on coal mining, although other industries such as healthcare and tourism are growing.
Wisconsin
GDP
380 billion
Ranked in the US
#21
$64,436
Ranked in the US
#31
Wisconsin has a GDP of $379,909,000,000 and a GDP per capita of $64,436. The state has a diverse economy that includes significant contributions from manufacturing, healthcare, and agriculture. Wisconsin is also known for its dairy industry.
Wyoming
GDP
44 billion
Ranked in the US
#50
$76,577
Ranked in the US
#12
Wyoming has a GDP of $44,323,000,000 and a GDP per capita of $76,577. The state's economy is primarily based on mining, especially coal, oil, and natural gas, and the production of wind energy.
FAQs
What state has the best economy ?
The state with the best economy is California with a GDP of $3.5 trillion.
What state has the lowest GDP ?
Vermont has the lowest GDP in the US with a GDP of $37 billion.
Need to survey a highly targeted audience?
Talk to our Experts