GDP Growth by State

Map

Table

Introduction

Gross Domestic Product, or GDP for short, is the measure used to determine the strength of an economy, whether it is that of a state or a country. GDP is calculated by determining the total monetary value of all the goods and services produced by a state within a certain period of time, generally one year. It is often revised on a yearly basis in order for it to remain a reliable estimate of economic strength. It is listed in dollars as it highlights a monetary amount—the GDP of the U.S as a whole as of 2022 is US$22,790.00 Billion. The change in GDP year by year is measured in percentage and determines how much the economy has grown or shrunk. Factors such as personal consumption, business investment, government spending, and exports all affect GDP growth. 

While GDP per country is calculated per year, the GDP per state is calculated every three months, which makes up one financial quarter.

If you would like to learn more about GDP growth per state, and which state’s economies are projected to grow or shrink, please refer to the data below. 

#StateGDP Growth RateGDP per capitaGDP
1Tennessee8.6%$62,944$439,050,000,000
2New Hampshire8.5%$73,751$102,439,000,000
3California7.8%$89,540$3,513,348,000,000
4Nevada7.1%$64,983$204,306,000,000
5Florida6.9%$59,046$1,286,086,000,000
6Indiana6.9%$64,357$438,012,000,000
7Montana6.7%$56,130$61,983,000,000
8North Carolina6.7%$64,885$684,607,000,000
9Utah6.7%$69,007$230,342,000,000
10Washington6.7%$90,034$696,748,000,000
11Iowa6.4%$70,683$225,696,000,000
12Massachusetts6.4%$95,029$663,750,000,000
13Michigan6.2%$58,935$592,349,000,000
14South Carolina5.9%$54,280$281,754,000,000
15Colorado5.8%$75,860$440,903,000,000
16Georgia5.8%$66,109$713,948,000,000
17Idaho5.8%$51,793$98,455,000,000
18Minnesota5.7%$75,234$429,391,000,000
19Texas5.6%$71,274$2,104,579,000,000
20Rhode Island5.5%$62,817$68,823,000,000
21Oregon5.4%$65,806$279,424,000,000
22Arizona5.3%$59,071$429,819,000,000
23Nebraska5.3%$78,500$154,149,000,000
24Maine5.2%$57,699$79,177,000,000
25Arkansas5%$49,732$150,483,000,000
26Illinois5%$76,825$973,486,000,000
27New York5%$96,502$1,914,207,000,000
28New Jersey4.9%$75,549$700,119,000,000
29South Dakota4.9%$70,148$62,809,000,000
30Kentucky4.7%$54,216$244,480,000,000
31Hawaii4.6%$65,857$94,937,000,000
32Missouri4.6%$60,489$373,105,000,000
33Mississippi4.4%$44,060$129,974,000,000
34Pennsylvania4.4%$67,485$874,881,000,000
35Ohio4.3%$64,941$765,003,000,000
36Connecticut4.2%$85,609$308,671,000,000
37Alabama4.1%$51,086$257,465,000,000
38Virginia4%$71,133$614,754,000,000
39West Virginia4%$51,573$91,953,000,000
40Kansas3.8%$67,570$198,291,000,000
41Wisconsin3.8%$64,436$379,909,000,000
42Delaware3.7%$83,922$84,206,000,000
43Vermont3.5%$58,311$37,644,000,000
44Maryland3.2%$73,313$451,986,000,000
45District of Columbia2.8%$233,500$156,457,000,000
46New Mexico2.5%$54,200$114,680,000,000
47Louisiana2.4%$57,769$267,126,000,000
48Oklahoma2.2%$54,824$218,564,000,000
49North Dakota2.1%$85,647$66,372,000,000
50Wyoming1.1%$76,577$44,323,000,000
51Alaska0.3%$79,139$57,983,000,000

GDP Growth Rate by State

Alabama

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GDP Growth Rate

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4.1%

Ranked in the US

#37

$51,086

Ranked in the US

#49

GDP

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$257,465,000,000

Ranked in the US

#27

GDP Growth Rate

GDP per capita

GDP

Alaska

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GDP Growth Rate

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0.3%

Ranked in the US

#51

$79,139

Ranked in the US

#9

GDP

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$57,983,000,000

Ranked in the US

#49

GDP Growth Rate

GDP per capita

GDP

Arizona

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GDP Growth Rate

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5.3%

Ranked in the US

#22

$59,071

Ranked in the US

#36

GDP

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$429,819,000,000

Ranked in the US

#19

GDP Growth Rate

GDP per capita

GDP

Arkansas

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GDP Growth Rate

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5%

Ranked in the US

#25

$49,732

Ranked in the US

#50

GDP

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$150,483,000,000

Ranked in the US

#36

GDP Growth Rate

GDP per capita

GDP

California

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GDP Growth Rate

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7.8%

Ranked in the US

#3

$89,540

Ranked in the US

#5

GDP

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$3,513,348,000,000

Ranked in the US

#1

GDP Growth Rate

GDP per capita

GDP

Colorado

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GDP Growth Rate

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5.8%

Ranked in the US

#15

$75,860

Ranked in the US

#13

GDP

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$440,903,000,000

Ranked in the US

#16

GDP Growth Rate

GDP per capita

GDP

Connecticut

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GDP Growth Rate

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4.2%

Ranked in the US

#36

$85,609

Ranked in the US

#7

GDP

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$308,671,000,000

Ranked in the US

#23

GDP Growth Rate

GDP per capita

GDP

Delaware

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GDP Growth Rate

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3.7%

Ranked in the US

#42

$83,922

Ranked in the US

#8

GDP

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$84,206,000,000

Ranked in the US

#43

GDP Growth Rate

GDP per capita

GDP

District of Columbia

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GDP Growth Rate

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2.8%

Ranked in the US

#45

$233,500

Ranked in the US

#1

GDP

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$156,457,000,000

Ranked in the US

#34

GDP Growth Rate

GDP per capita

GDP

Florida

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GDP Growth Rate

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6.9%

Ranked in the US

#5

$59,046

Ranked in the US

#37

GDP

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$1,286,086,000,000

Ranked in the US

#4

GDP Growth Rate

GDP per capita

GDP

Georgia

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GDP Growth Rate

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5.8%

Ranked in the US

#16

$66,109

Ranked in the US

#25

GDP

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$713,948,000,000

Ranked in the US

#8

GDP Growth Rate

GDP per capita

GDP

Hawaii

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GDP Growth Rate

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4.6%

Ranked in the US

#31

$65,857

Ranked in the US

#26

GDP

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$94,937,000,000

Ranked in the US

#41

GDP Growth Rate

GDP per capita

GDP

Idaho

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5.8%

Ranked in the US

#17

$51,793

Ranked in the US

#47

GDP

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$98,455,000,000

Ranked in the US

#40

GDP Growth Rate

GDP per capita

GDP

Illinois

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5%

Ranked in the US

#26

$76,825

Ranked in the US

#11

GDP

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$973,486,000,000

Ranked in the US

#5

GDP Growth Rate

GDP per capita

GDP

Indiana

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6.9%

Ranked in the US

#6

$64,357

Ranked in the US

#32

GDP

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$438,012,000,000

Ranked in the US

#18

GDP Growth Rate

GDP per capita

GDP

Iowa

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6.4%

Ranked in the US

#11

$70,683

Ranked in the US

#20

GDP

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$225,696,000,000

Ranked in the US

#30

GDP Growth Rate

GDP per capita

GDP

Kansas

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3.8%

Ranked in the US

#40

$67,570

Ranked in the US

#23

GDP

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$198,291,000,000

Ranked in the US

#33

GDP Growth Rate

GDP per capita

GDP

Kentucky

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GDP Growth Rate

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4.7%

Ranked in the US

#30

$54,216

Ranked in the US

#45

GDP

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$244,480,000,000

Ranked in the US

#28

GDP Growth Rate

GDP per capita

GDP

Louisiana

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2.4%

Ranked in the US

#47

$57,769

Ranked in the US

#40

GDP

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$267,126,000,000

Ranked in the US

#26

GDP Growth Rate

GDP per capita

GDP

Maine

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5.2%

Ranked in the US

#24

$57,699

Ranked in the US

#41

GDP

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$79,177,000,000

Ranked in the US

#44

GDP Growth Rate

GDP per capita

GDP

Maryland

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3.2%

Ranked in the US

#44

$73,313

Ranked in the US

#17

GDP

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$451,986,000,000

Ranked in the US

#15

GDP Growth Rate

GDP per capita

GDP

Massachusetts

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6.4%

Ranked in the US

#12

$95,029

Ranked in the US

#3

GDP

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$663,750,000,000

Ranked in the US

#12

GDP Growth Rate

GDP per capita

GDP

Michigan

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6.2%

Ranked in the US

#13

$58,935

Ranked in the US

#38

GDP

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$592,349,000,000

Ranked in the US

#14

GDP Growth Rate

GDP per capita

GDP

Minnesota

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5.7%

Ranked in the US

#18

$75,234

Ranked in the US

#15

GDP

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$429,391,000,000

Ranked in the US

#20

GDP Growth Rate

GDP per capita

GDP

Mississippi

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4.4%

Ranked in the US

#33

$44,060

Ranked in the US

#51

GDP

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$129,974,000,000

Ranked in the US

#37

GDP Growth Rate

GDP per capita

GDP

Missouri

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4.6%

Ranked in the US

#32

$60,489

Ranked in the US

#35

GDP

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$373,105,000,000

Ranked in the US

#22

GDP Growth Rate

GDP per capita

GDP

Montana

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6.7%

Ranked in the US

#7

$56,130

Ranked in the US

#42

GDP

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$61,983,000,000

Ranked in the US

#48

GDP Growth Rate

GDP per capita

GDP

Nebraska

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5.3%

Ranked in the US

#23

$78,500

Ranked in the US

#10

GDP

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$154,149,000,000

Ranked in the US

#35

GDP Growth Rate

GDP per capita

GDP

Nevada

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7.1%

Ranked in the US

#4

$64,983

Ranked in the US

#28

GDP

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$204,306,000,000

Ranked in the US

#32

GDP Growth Rate

GDP per capita

GDP

New Hampshire

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8.5%

Ranked in the US

#2

$73,751

Ranked in the US

#16

GDP

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$102,439,000,000

Ranked in the US

#39

GDP Growth Rate

GDP per capita

GDP

New Jersey

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4.9%

Ranked in the US

#28

$75,549

Ranked in the US

#14

GDP

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$700,119,000,000

Ranked in the US

#9

GDP Growth Rate

GDP per capita

GDP

New Mexico

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2.5%

Ranked in the US

#46

$54,200

Ranked in the US

#46

GDP

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$114,680,000,000

Ranked in the US

#38

GDP Growth Rate

GDP per capita

GDP

New York

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5%

Ranked in the US

#27

$96,502

Ranked in the US

#2

GDP

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$1,914,207,000,000

Ranked in the US

#3

GDP Growth Rate

GDP per capita

GDP

North Carolina

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6.7%

Ranked in the US

#8

$64,885

Ranked in the US

#30

GDP

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$684,607,000,000

Ranked in the US

#11

GDP Growth Rate

GDP per capita

GDP

North Dakota

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2.1%

Ranked in the US

#49

$85,647

Ranked in the US

#6

GDP

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$66,372,000,000

Ranked in the US

#46

GDP Growth Rate

GDP per capita

GDP

Ohio

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4.3%

Ranked in the US

#35

$64,941

Ranked in the US

#29

GDP

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$765,003,000,000

Ranked in the US

#7

GDP Growth Rate

GDP per capita

GDP

Oklahoma

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GDP Growth Rate

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2.2%

Ranked in the US

#48

$54,824

Ranked in the US

#43

GDP

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$218,564,000,000

Ranked in the US

#31

GDP Growth Rate

GDP per capita

GDP

Oregon

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GDP Growth Rate

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5.4%

Ranked in the US

#21

$65,806

Ranked in the US

#27

GDP

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$279,424,000,000

Ranked in the US

#25

GDP Growth Rate

GDP per capita

GDP

Pennsylvania

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4.4%

Ranked in the US

#34

$67,485

Ranked in the US

#24

GDP

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$874,881,000,000

Ranked in the US

#6

GDP Growth Rate

GDP per capita

GDP

Rhode Island

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GDP Growth Rate

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5.5%

Ranked in the US

#20

$62,817

Ranked in the US

#34

GDP

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$68,823,000,000

Ranked in the US

#45

GDP Growth Rate

GDP per capita

GDP

South Carolina

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5.9%

Ranked in the US

#14

$54,280

Ranked in the US

#44

GDP

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$281,754,000,000

Ranked in the US

#24

GDP Growth Rate

GDP per capita

GDP

South Dakota

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4.9%

Ranked in the US

#29

$70,148

Ranked in the US

#21

GDP

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$62,809,000,000

Ranked in the US

#47

GDP Growth Rate

GDP per capita

GDP

Tennessee

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GDP Growth Rate

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8.6%

Ranked in the US

#1

$62,944

Ranked in the US

#33

GDP

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$439,050,000,000

Ranked in the US

#17

GDP Growth Rate

GDP per capita

GDP

Texas

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GDP Growth Rate

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5.6%

Ranked in the US

#19

$71,274

Ranked in the US

#18

GDP

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$2,104,579,000,000

Ranked in the US

#2

GDP Growth Rate

GDP per capita

GDP

Utah

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6.7%

Ranked in the US

#9

$69,007

Ranked in the US

#22

GDP

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$230,342,000,000

Ranked in the US

#29

GDP Growth Rate

GDP per capita

GDP

Vermont

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3.5%

Ranked in the US

#43

$58,311

Ranked in the US

#39

GDP

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$37,644,000,000

Ranked in the US

#51

GDP Growth Rate

GDP per capita

GDP

Virginia

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4%

Ranked in the US

#38

$71,133

Ranked in the US

#19

GDP

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$614,754,000,000

Ranked in the US

#13

GDP Growth Rate

GDP per capita

GDP

Washington

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6.7%

Ranked in the US

#10

$90,034

Ranked in the US

#4

GDP

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$696,748,000,000

Ranked in the US

#10

GDP Growth Rate

GDP per capita

GDP

West Virginia

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4%

Ranked in the US

#39

$51,573

Ranked in the US

#48

GDP

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$91,953,000,000

Ranked in the US

#42

GDP Growth Rate

GDP per capita

GDP

Wisconsin

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3.8%

Ranked in the US

#41

$64,436

Ranked in the US

#31

GDP

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$379,909,000,000

Ranked in the US

#21

GDP Growth Rate

GDP per capita

GDP

Wyoming

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1.1%

Ranked in the US

#50

$76,577

Ranked in the US

#12

GDP

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$44,323,000,000

Ranked in the US

#50

GDP Growth Rate

GDP per capita

GDP