GDP Growth by State

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. 

Percent Change in Real GDP by State

Alabama

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PERCENT CHANGE IN REAL GDPhelp

4.1%

#28 in the US

GDP PER CAPITAhelp

$51,086

#49 in the US

GDPhelp

$257,465,000,000

#27 in the US

Alaska

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PERCENT CHANGE IN REAL GDPhelp

0.3%

#51 in the US

GDP PER CAPITAhelp

$79,139

#9 in the US

GDPhelp

$57,983,000,000

#49 in the US

Arizona

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PERCENT CHANGE IN REAL GDPhelp

5.3%

#14 in the US

GDP PER CAPITAhelp

$59,071

#36 in the US

GDPhelp

$429,819,000,000

#19 in the US

Arkansas

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PERCENT CHANGE IN REAL GDPhelp

5%

#15 in the US

GDP PER CAPITAhelp

$49,732

#50 in the US

GDPhelp

$150,483,000,000

#36 in the US

California

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PERCENT CHANGE IN REAL GDPhelp

7.8%

#3 in the US

GDP PER CAPITAhelp

$89,540

#5 in the US

GDPhelp

$3,513,348,000,000

#1 in the US

Colorado

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PERCENT CHANGE IN REAL GDPhelp

5.8%

#16 in the US

GDP PER CAPITAhelp

$75,860

#13 in the US

GDPhelp

$440,903,000,000

#16 in the US

Connecticut

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PERCENT CHANGE IN REAL GDPhelp

4.2%

#29 in the US

GDP PER CAPITAhelp

$85,609

#7 in the US

GDPhelp

$308,671,000,000

#23 in the US

Delaware

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PERCENT CHANGE IN REAL GDPhelp

3.7%

#40 in the US

GDP PER CAPITAhelp

$83,922

#8 in the US

GDPhelp

$84,206,000,000

#43 in the US

District of Columbia

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PERCENT CHANGE IN REAL GDPhelp

2.8%

#45 in the US

GDP PER CAPITAhelp

$233,500

#1 in the US

GDPhelp

$156,457,000,000

#34 in the US

Florida

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PERCENT CHANGE IN REAL GDPhelp

6.9%

#5 in the US

GDP PER CAPITAhelp

$59,046

#37 in the US

GDPhelp

$1,286,086,000,000

#4 in the US

Georgia

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PERCENT CHANGE IN REAL GDPhelp

5.8%

#17 in the US

GDP PER CAPITAhelp

$66,109

#25 in the US

GDPhelp

$713,948,000,000

#8 in the US

Hawaii

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PERCENT CHANGE IN REAL GDPhelp

4.6%

#30 in the US

GDP PER CAPITAhelp

$65,857

#26 in the US

GDPhelp

$94,937,000,000

#41 in the US

Idaho

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PERCENT CHANGE IN REAL GDPhelp

5.8%

#18 in the US

GDP PER CAPITAhelp

$51,793

#47 in the US

GDPhelp

$98,455,000,000

#40 in the US

Illinois

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PERCENT CHANGE IN REAL GDPhelp

5%

#19 in the US

GDP PER CAPITAhelp

$76,825

#11 in the US

GDPhelp

$973,486,000,000

#5 in the US

Indiana

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PERCENT CHANGE IN REAL GDPhelp

6.9%

#6 in the US

GDP PER CAPITAhelp

$64,357

#32 in the US

GDPhelp

$438,012,000,000

#18 in the US

Iowa

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PERCENT CHANGE IN REAL GDPhelp

6.4%

#7 in the US

GDP PER CAPITAhelp

$70,683

#20 in the US

GDPhelp

$225,696,000,000

#30 in the US

Kansas

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PERCENT CHANGE IN REAL GDPhelp

3.8%

#41 in the US

GDP PER CAPITAhelp

$67,570

#23 in the US

GDPhelp

$198,291,000,000

#33 in the US

Kentucky

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PERCENT CHANGE IN REAL GDPhelp

4.7%

#31 in the US

GDP PER CAPITAhelp

$54,216

#45 in the US

GDPhelp

$244,480,000,000

#28 in the US

Louisiana

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PERCENT CHANGE IN REAL GDPhelp

2.4%

#46 in the US

GDP PER CAPITAhelp

$57,769

#40 in the US

GDPhelp

$267,126,000,000

#26 in the US

Maine

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PERCENT CHANGE IN REAL GDPhelp

5.2%

#20 in the US

GDP PER CAPITAhelp

$57,699

#41 in the US

GDPhelp

$79,177,000,000

#44 in the US

Maryland

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PERCENT CHANGE IN REAL GDPhelp

3.2%

#42 in the US

GDP PER CAPITAhelp

$73,313

#17 in the US

GDPhelp

$451,986,000,000

#15 in the US

Massachusetts

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PERCENT CHANGE IN REAL GDPhelp

6.4%

#8 in the US

GDP PER CAPITAhelp

$95,029

#3 in the US

GDPhelp

$663,750,000,000

#12 in the US

Michigan

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PERCENT CHANGE IN REAL GDPhelp

6.2%

#9 in the US

GDP PER CAPITAhelp

$58,935

#38 in the US

GDPhelp

$592,349,000,000

#14 in the US

Minnesota

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PERCENT CHANGE IN REAL GDPhelp

5.7%

#21 in the US

GDP PER CAPITAhelp

$75,234

#15 in the US

GDPhelp

$429,391,000,000

#20 in the US

Mississippi

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PERCENT CHANGE IN REAL GDPhelp

4.4%

#32 in the US

GDP PER CAPITAhelp

$44,060

#51 in the US

GDPhelp

$129,974,000,000

#37 in the US

Missouri

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PERCENT CHANGE IN REAL GDPhelp

4.6%

#33 in the US

GDP PER CAPITAhelp

$60,489

#35 in the US

GDPhelp

$373,105,000,000

#22 in the US

Montana

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PERCENT CHANGE IN REAL GDPhelp

6.7%

#10 in the US

GDP PER CAPITAhelp

$56,130

#42 in the US

GDPhelp

$61,983,000,000

#48 in the US

Nebraska

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PERCENT CHANGE IN REAL GDPhelp

5.3%

#22 in the US

GDP PER CAPITAhelp

$78,500

#10 in the US

GDPhelp

$154,149,000,000

#35 in the US

Nevada

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PERCENT CHANGE IN REAL GDPhelp

7.1%

#4 in the US

GDP PER CAPITAhelp

$64,983

#28 in the US

GDPhelp

$204,306,000,000

#32 in the US

New Hampshire

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PERCENT CHANGE IN REAL GDPhelp

8.5%

#1 in the US

GDP PER CAPITAhelp

$73,751

#16 in the US

GDPhelp

$102,439,000,000

#39 in the US

New Jersey

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PERCENT CHANGE IN REAL GDPhelp

4.9%

#34 in the US

GDP PER CAPITAhelp

$75,549

#14 in the US

GDPhelp

$700,119,000,000

#9 in the US

New Mexico

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PERCENT CHANGE IN REAL GDPhelp

2.5%

#47 in the US

GDP PER CAPITAhelp

$54,200

#46 in the US

GDPhelp

$114,680,000,000

#38 in the US

New York

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PERCENT CHANGE IN REAL GDPhelp

5%

#23 in the US

GDP PER CAPITAhelp

$96,502

#2 in the US

GDPhelp

$1,914,207,000,000

#3 in the US

North Carolina

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PERCENT CHANGE IN REAL GDPhelp

6.7%

#11 in the US

GDP PER CAPITAhelp

$64,885

#30 in the US

GDPhelp

$684,607,000,000

#11 in the US

North Dakota

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PERCENT CHANGE IN REAL GDPhelp

2.1%

#48 in the US

GDP PER CAPITAhelp

$85,647

#6 in the US

GDPhelp

$66,372,000,000

#46 in the US

Ohio

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PERCENT CHANGE IN REAL GDPhelp

4.3%

#35 in the US

GDP PER CAPITAhelp

$64,941

#29 in the US

GDPhelp

$765,003,000,000

#7 in the US

Oklahoma

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PERCENT CHANGE IN REAL GDPhelp

2.2%

#49 in the US

GDP PER CAPITAhelp

$54,824

#43 in the US

GDPhelp

$218,564,000,000

#31 in the US

Oregon

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PERCENT CHANGE IN REAL GDPhelp

5.4%

#24 in the US

GDP PER CAPITAhelp

$65,806

#27 in the US

GDPhelp

$279,424,000,000

#25 in the US

Pennsylvania

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PERCENT CHANGE IN REAL GDPhelp

4.4%

#36 in the US

GDP PER CAPITAhelp

$67,485

#24 in the US

GDPhelp

$874,881,000,000

#6 in the US

Rhode Island

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PERCENT CHANGE IN REAL GDPhelp

5.5%

#25 in the US

GDP PER CAPITAhelp

$62,817

#34 in the US

GDPhelp

$68,823,000,000

#45 in the US

South Carolina

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PERCENT CHANGE IN REAL GDPhelp

5.9%

#26 in the US

GDP PER CAPITAhelp

$54,280

#44 in the US

GDPhelp

$281,754,000,000

#24 in the US

South Dakota

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PERCENT CHANGE IN REAL GDPhelp

4.9%

#37 in the US

GDP PER CAPITAhelp

$70,148

#21 in the US

GDPhelp

$62,809,000,000

#47 in the US

Tennessee

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PERCENT CHANGE IN REAL GDPhelp

8.6%

#2 in the US

GDP PER CAPITAhelp

$62,944

#33 in the US

GDPhelp

$439,050,000,000

#17 in the US

Texas

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PERCENT CHANGE IN REAL GDPhelp

5.6%

#27 in the US

GDP PER CAPITAhelp

$71,274

#18 in the US

GDPhelp

$2,104,579,000,000

#2 in the US

Utah

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PERCENT CHANGE IN REAL GDPhelp

6.7%

#12 in the US

GDP PER CAPITAhelp

$69,007

#22 in the US

GDPhelp

$230,342,000,000

#29 in the US

Vermont

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PERCENT CHANGE IN REAL GDPhelp

3.5%

#43 in the US

GDP PER CAPITAhelp

$58,311

#39 in the US

GDPhelp

$37,644,000,000

#51 in the US

Virginia

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PERCENT CHANGE IN REAL GDPhelp

4%

#38 in the US

GDP PER CAPITAhelp

$71,133

#19 in the US

GDPhelp

$614,754,000,000

#13 in the US

Washington

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PERCENT CHANGE IN REAL GDPhelp

6.7%

#13 in the US

GDP PER CAPITAhelp

$90,034

#4 in the US

GDPhelp

$696,748,000,000

#10 in the US

West Virginia

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PERCENT CHANGE IN REAL GDPhelp

4%

#39 in the US

GDP PER CAPITAhelp

$51,573

#48 in the US

GDPhelp

$91,953,000,000

#42 in the US

Wisconsin

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PERCENT CHANGE IN REAL GDPhelp

3.8%

#44 in the US

GDP PER CAPITAhelp

$64,436

#31 in the US

GDPhelp

$379,909,000,000

#21 in the US

Wyoming

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PERCENT CHANGE IN REAL GDPhelp

1.1%

#50 in the US

GDP PER CAPITAhelp

$76,577

#12 in the US

GDPhelp

$44,323,000,000

#50 in the US