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.
| # | State | GDP Growth Rate | GDP per capita | GDP |
|---|---|---|---|---|
| 1 | Tennessee | 8.6% | $62,944 | 439 billion |
| 2 | New Hampshire | 8.5% | $73,751 | 102 billion |
| 3 | California | 7.8% | $89,540 | 3.5 trillion |
| 4 | Nevada | 7.1% | $64,983 | 204 billion |
| 5 | Florida | 6.9% | $59,046 | 1.3 trillion |
| 6 | Indiana | 6.9% | $64,357 | 438 billion |
| 7 | Montana | 6.7% | $56,130 | 62 billion |
| 8 | North Carolina | 6.7% | $64,885 | 685 billion |
| 9 | Utah | 6.7% | $69,007 | 230 billion |
| 10 | Washington | 6.7% | $90,034 | 697 billion |
| 11 | Iowa | 6.4% | $70,683 | 226 billion |
| 12 | Massachusetts | 6.4% | $95,029 | 664 billion |
| 13 | Michigan | 6.2% | $58,935 | 592 billion |
| 14 | South Carolina | 5.9% | $54,280 | 282 billion |
| 15 | Colorado | 5.8% | $75,860 | 441 billion |
| 16 | Georgia | 5.8% | $66,109 | 714 billion |
| 17 | Idaho | 5.8% | $51,793 | 98 billion |
| 18 | Minnesota | 5.7% | $75,234 | 429 billion |
| 19 | Texas | 5.6% | $71,274 | 2.1 trillion |
| 20 | Rhode Island | 5.5% | $62,817 | 69 billion |
| 21 | Oregon | 5.4% | $65,806 | 279 billion |
| 22 | Arizona | 5.3% | $59,071 | 430 billion |
| 23 | Nebraska | 5.3% | $78,500 | 154 billion |
| 24 | Maine | 5.2% | $57,699 | 79 billion |
| 25 | Arkansas | 5% | $49,732 | 150 billion |
| 26 | Illinois | 5% | $76,825 | 973 billion |
| 27 | New York | 5% | $96,502 | 1.9 trillion |
| 28 | New Jersey | 4.9% | $75,549 | 700 billion |
| 29 | South Dakota | 4.9% | $70,148 | 63 billion |
| 30 | Kentucky | 4.7% | $54,216 | 244 billion |
| 31 | Hawaii | 4.6% | $65,857 | 95 billion |
| 32 | Missouri | 4.6% | $60,489 | 373 billion |
| 33 | Mississippi | 4.4% | $44,060 | 130 billion |
| 34 | Pennsylvania | 4.4% | $67,485 | 875 billion |
| 35 | Ohio | 4.3% | $64,941 | 765 billion |
| 36 | Connecticut | 4.2% | $85,609 | 309 billion |
| 37 | Alabama | 4.1% | $51,086 | 257 billion |
| 38 | Virginia | 4% | $71,133 | 615 billion |
| 39 | West Virginia | 4% | $51,573 | 92 billion |
| 40 | Kansas | 3.8% | $67,570 | 198 billion |
| 41 | Wisconsin | 3.8% | $64,436 | 380 billion |
| 42 | Delaware | 3.7% | $83,922 | 84 billion |
| 43 | Vermont | 3.5% | $58,311 | 38 billion |
| 44 | Maryland | 3.2% | $73,313 | 452 billion |
| 45 | District of Columbia | 2.8% | $233,500 | 156 billion |
| 46 | New Mexico | 2.5% | $54,200 | 115 billion |
| 47 | Louisiana | 2.4% | $57,769 | 267 billion |
| 48 | Oklahoma | 2.2% | $54,824 | 219 billion |
| 49 | North Dakota | 2.1% | $85,647 | 66 billion |
| 50 | Wyoming | 1.1% | $76,577 | 44 billion |
| 51 | Alaska | 0.3% | $79,139 | 58 billion |
GDP Growth Rate by State
Alabama
GDP Growth Rate
4.1%
Ranked in the US
#37
GDP per capita
$51,086
Ranked in the US
#49
GDP
257 billion
Ranked in the US
#27
Alaska
GDP Growth Rate
0.3%
Ranked in the US
#51
GDP per capita
$79,139
Ranked in the US
#9
GDP
58 billion
Ranked in the US
#49
Arizona
GDP Growth Rate
5.3%
Ranked in the US
#22
GDP per capita
$59,071
Ranked in the US
#36
GDP
430 billion
Ranked in the US
#19
Arkansas
GDP Growth Rate
5%
Ranked in the US
#25
GDP per capita
$49,732
Ranked in the US
#50
GDP
150 billion
Ranked in the US
#36
California
GDP Growth Rate
7.8%
Ranked in the US
#3
GDP per capita
$89,540
Ranked in the US
#5
GDP
3.5 trillion
Ranked in the US
#1
Colorado
GDP Growth Rate
5.8%
Ranked in the US
#15
GDP per capita
$75,860
Ranked in the US
#13
GDP
441 billion
Ranked in the US
#16
Connecticut
GDP Growth Rate
4.2%
Ranked in the US
#36
GDP per capita
$85,609
Ranked in the US
#7
GDP
309 billion
Ranked in the US
#23
Delaware
GDP Growth Rate
3.7%
Ranked in the US
#42
GDP per capita
$83,922
Ranked in the US
#8
GDP
84 billion
Ranked in the US
#43
District of Columbia
GDP Growth Rate
2.8%
Ranked in the US
#45
GDP per capita
$233,500
Ranked in the US
#1
GDP
156 billion
Ranked in the US
#34
Florida
GDP Growth Rate
6.9%
Ranked in the US
#5
GDP per capita
$59,046
Ranked in the US
#37
GDP
1.3 trillion
Ranked in the US
#4
Georgia
GDP Growth Rate
5.8%
Ranked in the US
#16
GDP per capita
$66,109
Ranked in the US
#25
GDP
714 billion
Ranked in the US
#8
Hawaii
GDP Growth Rate
4.6%
Ranked in the US
#31
GDP per capita
$65,857
Ranked in the US
#26
GDP
95 billion
Ranked in the US
#41
Idaho
GDP Growth Rate
5.8%
Ranked in the US
#17
GDP per capita
$51,793
Ranked in the US
#47
GDP
98 billion
Ranked in the US
#40
Illinois
GDP Growth Rate
5%
Ranked in the US
#26
GDP per capita
$76,825
Ranked in the US
#11
GDP
973 billion
Ranked in the US
#5
Indiana
GDP Growth Rate
6.9%
Ranked in the US
#6
GDP per capita
$64,357
Ranked in the US
#32
GDP
438 billion
Ranked in the US
#18
Iowa
GDP Growth Rate
6.4%
Ranked in the US
#11
GDP per capita
$70,683
Ranked in the US
#20
GDP
226 billion
Ranked in the US
#30
Kansas
GDP Growth Rate
3.8%
Ranked in the US
#40
GDP per capita
$67,570
Ranked in the US
#23
GDP
198 billion
Ranked in the US
#33
Kentucky
GDP Growth Rate
4.7%
Ranked in the US
#30
GDP per capita
$54,216
Ranked in the US
#45
GDP
244 billion
Ranked in the US
#28
Louisiana
GDP Growth Rate
2.4%
Ranked in the US
#47
GDP per capita
$57,769
Ranked in the US
#40
GDP
267 billion
Ranked in the US
#26
Maine
GDP Growth Rate
5.2%
Ranked in the US
#24
GDP per capita
$57,699
Ranked in the US
#41
GDP
79 billion
Ranked in the US
#44
Maryland
GDP Growth Rate
3.2%
Ranked in the US
#44
GDP per capita
$73,313
Ranked in the US
#17
GDP
452 billion
Ranked in the US
#15
Massachusetts
GDP Growth Rate
6.4%
Ranked in the US
#12
GDP per capita
$95,029
Ranked in the US
#3
GDP
664 billion
Ranked in the US
#12
Michigan
GDP Growth Rate
6.2%
Ranked in the US
#13
GDP per capita
$58,935
Ranked in the US
#38
GDP
592 billion
Ranked in the US
#14
Minnesota
GDP Growth Rate
5.7%
Ranked in the US
#18
GDP per capita
$75,234
Ranked in the US
#15
GDP
429 billion
Ranked in the US
#20
Mississippi
GDP Growth Rate
4.4%
Ranked in the US
#33
GDP per capita
$44,060
Ranked in the US
#51
GDP
130 billion
Ranked in the US
#37
Missouri
GDP Growth Rate
4.6%
Ranked in the US
#32
GDP per capita
$60,489
Ranked in the US
#35
GDP
373 billion
Ranked in the US
#22
Montana
GDP Growth Rate
6.7%
Ranked in the US
#7
GDP per capita
$56,130
Ranked in the US
#42
GDP
62 billion
Ranked in the US
#48
Nebraska
GDP Growth Rate
5.3%
Ranked in the US
#23
GDP per capita
$78,500
Ranked in the US
#10
GDP
154 billion
Ranked in the US
#35
Nevada
GDP Growth Rate
7.1%
Ranked in the US
#4
GDP per capita
$64,983
Ranked in the US
#28
GDP
204 billion
Ranked in the US
#32
New Hampshire
GDP Growth Rate
8.5%
Ranked in the US
#2
GDP per capita
$73,751
Ranked in the US
#16
GDP
102 billion
Ranked in the US
#39
New Jersey
GDP Growth Rate
4.9%
Ranked in the US
#28
GDP per capita
$75,549
Ranked in the US
#14
GDP
700 billion
Ranked in the US
#9
New Mexico
GDP Growth Rate
2.5%
Ranked in the US
#46
GDP per capita
$54,200
Ranked in the US
#46
GDP
115 billion
Ranked in the US
#38
New York
GDP Growth Rate
5%
Ranked in the US
#27
GDP per capita
$96,502
Ranked in the US
#2
GDP
1.9 trillion
Ranked in the US
#3
North Carolina
GDP Growth Rate
6.7%
Ranked in the US
#8
GDP per capita
$64,885
Ranked in the US
#30
GDP
685 billion
Ranked in the US
#11
North Dakota
GDP Growth Rate
2.1%
Ranked in the US
#49
GDP per capita
$85,647
Ranked in the US
#6
GDP
66 billion
Ranked in the US
#46
Ohio
GDP Growth Rate
4.3%
Ranked in the US
#35
GDP per capita
$64,941
Ranked in the US
#29
GDP
765 billion
Ranked in the US
#7
Oklahoma
GDP Growth Rate
2.2%
Ranked in the US
#48
GDP per capita
$54,824
Ranked in the US
#43
GDP
219 billion
Ranked in the US
#31
Oregon
GDP Growth Rate
5.4%
Ranked in the US
#21
GDP per capita
$65,806
Ranked in the US
#27
GDP
279 billion
Ranked in the US
#25
Pennsylvania
GDP Growth Rate
4.4%
Ranked in the US
#34
GDP per capita
$67,485
Ranked in the US
#24
GDP
875 billion
Ranked in the US
#6
Rhode Island
GDP Growth Rate
5.5%
Ranked in the US
#20
GDP per capita
$62,817
Ranked in the US
#34
GDP
69 billion
Ranked in the US
#45
South Carolina
GDP Growth Rate
5.9%
Ranked in the US
#14
GDP per capita
$54,280
Ranked in the US
#44
GDP
282 billion
Ranked in the US
#24
South Dakota
GDP Growth Rate
4.9%
Ranked in the US
#29
GDP per capita
$70,148
Ranked in the US
#21
GDP
63 billion
Ranked in the US
#47
Tennessee
GDP Growth Rate
8.6%
Ranked in the US
#1
GDP per capita
$62,944
Ranked in the US
#33
GDP
439 billion
Ranked in the US
#17
Texas
GDP Growth Rate
5.6%
Ranked in the US
#19
GDP per capita
$71,274
Ranked in the US
#18
GDP
2.1 trillion
Ranked in the US
#2
Utah
GDP Growth Rate
6.7%
Ranked in the US
#9
GDP per capita
$69,007
Ranked in the US
#22
GDP
230 billion
Ranked in the US
#29
Vermont
GDP Growth Rate
3.5%
Ranked in the US
#43
GDP per capita
$58,311
Ranked in the US
#39
GDP
38 billion
Ranked in the US
#51
Virginia
GDP Growth Rate
4%
Ranked in the US
#38
GDP per capita
$71,133
Ranked in the US
#19
GDP
615 billion
Ranked in the US
#13
Washington
GDP Growth Rate
6.7%
Ranked in the US
#10
GDP per capita
$90,034
Ranked in the US
#4
GDP
697 billion
Ranked in the US
#10
West Virginia
GDP Growth Rate
4%
Ranked in the US
#39
GDP per capita
$51,573
Ranked in the US
#48
GDP
92 billion
Ranked in the US
#42
Wisconsin
GDP Growth Rate
3.8%
Ranked in the US
#41
GDP per capita
$64,436
Ranked in the US
#31
GDP
380 billion
Ranked in the US
#21
Wyoming
GDP Growth Rate
1.1%
Ranked in the US
#50
GDP per capita
$76,577
Ranked in the US
#12
GDP
44 billion
Ranked in the US
#50
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