Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 35.07 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

As of December 2020, the video games industry has led to approximately 51.8 billion U.S. dollars of economic output from the state of California. Additionally, Washington state has seen an economic output of 11.6 billion U.S. dollars from the video games industry.

United States GDP by State per Capita: 2005p: New Mexico data was reported at 33,900.000 USD in 2012. This records an increase from the previous number of 33,872.000 USD for 2011. United States GDP by State per Capita: 2005p: New Mexico data is updated yearly, averaging 33,886.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 35,550.000 USD in 2004 and a record low of 30,001.000 USD in 1997. United States GDP by State per Capita: 2005p: New Mexico data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A174: NIPA 2009: Gross Domestic Product by State: Per Capita.

In 2023, the U.S. GDP increased from the previous year to about 27.36 trillion U.S. dollars. This increase in GDP can be attributed to a continued rebound from the impact of the coronavirus pandemic. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2023, the United States has the largest economy in the world. See, for example, the Russian GDP for comparison.

What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).

GDP and national debt

Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living.

While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Release Date: 2024-05-02.Release Schedule:.The data in this file come from the 2022 Annual Survey of School System Finances data files. For more information about the Annual Survey of School System Finances data, see About: Annual Survey of School System Finances...Key Table Information:.Revenue from and payments to other school systems are excluded to avoid double counting. Expenditures for adult education, community services, and other nonelementary-secondary programs are also excluded. Some data appear under local sources for Hawaii's state-operated school system for consistency with data presented for all other school systems. Data used to calculate rankings is from the U.S. Department of Commerce, Bureau of Economic Analysis; Revised State Personal Income Estimates...Disclaimer: This table uses Bureau of Economic Analysis personal income data to calculate state rankings. Differences between the state rankings estimates may be attributed to sampling or nonsampling error, rather than to differences in underlying economic conditions. Caution should be used in drawing conclusions from the rankings, estimates, and comparisons shown. Additional information on the survey methodology, including sampling error and nonsampling error, for the personal income data may be found at: https://www.bea.gov/data/income-saving/personal-income-by-state...See Appendix B in the state-level tables files for a description of state-specific reporting anomalies. ..Annual Survey of School System Finances statistics include the finances of charter schools whose charters are held directly by a government or a government agency. Charter schools whose charters are held by nongovernmental entities are deemed to be out of scope for the Annual Survey of School System Finances...Data Items and Other Identifying Records:.Total revenue per $1000 personal income.Total revenue from federal sources per $1000 personal income.Total revenue from state sources per $1000 personal income.Total revenue from local sources per $1000 personal income.Total current spending per $1000 personal income.Current spending per $1000 personal income - Instruction - Total.Current spending per $1000 personal income - Instruction - Salaries and wages.Current spending per $1000 personal income - Instruction - Employee benefits.Current spending per $1000 personal income - Support services - General administration.Current spending per $1000 personal income - Support services - School administration..For a complete list of Public Sector Survey data items and other identifying records, see Annual Public Sector Statistics API information webpage. For more detailed information, see Government Finance and Employment Classification Manual... .Geography Coverage:.The data are shown for education finance data include revenues, expenditures, debt, and assets of elementary and secondary public school systems..Statistics cover school systems in all states, and include the District of Columbia. For information about 2022 Annual Survey of School System Finances, see About: Annual Survey of School System Finances...Industry Coverage:.Not applicable...Footnotes:.Not applicable...FTP Download:.Download the entire table at: https://www2.census.gov/programs-surveys/school-finances/data/GS00SS09.zip..API Information:.For detailed description and more information for variables on the Public Sector API, see Public Sector: Annual and Census of Governments API Documentation...Methodology:.The Census Bureau has made arrangements with state government departments of education to use data from existing finance information collection systems where the data are compatible with this survey's categories. Every state department of education obtains information annually on a wide variety of financial data from elementary-secondary school systems by requiring reports or conducting surveys. The Census Bureau is able to gain access to this information through cooperative agreements with each state as summarized below:.. • Data compiled or reformatted by Census Bureau staff from state education agency electronic data files (17 states)... • Data reformatted by state education agency staff into survey categories before electronically transmitting data to the Census Bureau (33 states and DC)....A single office or database in the state departments of education did not always have all of the information needed for this survey. In these instances, other sources—most often different state offices—supplied information to supplement the basic data. The most common types of data needing supplementation were school lunch finances, indebtedness, cash and security holdings, and capital fund transactions...For detailed information about the methods used to collect and produce statistics, including sampling, questions, data collection and processing, editing, data quality, review, sampling error, nonsampling error, and more, see Annual Survey of School System Finances Technical Documentation...Symbols:.N - No...

State fact sheets provide information on population, income, education, employment, federal funds, organic agriculture, farm characteristics, farm financial indicators, top commodities, and exports, for each State in the United States. Links to county-level data are included when available.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Query tool For complete information, please visit https://data.gov.

West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to 84.8 - well below the national benchmark of 100. Nevada - which had an index value of 100.1 - was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately 427,000 U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than 200,000 U.S. dollars. That makes living costs in these states significantly lower than in states such as Hawaii and California, where housing is much more expensive. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded 500 U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.

Key information about China GDP Per Capita

• China Gross Domestic Product (GDP) per Capita reached 12,621.720 USD in Dec 2023, compared with 12,674.873 USD in Dec 2022.
• China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2023, with an average number of 369.297 USD.
• The data reached an all-time high of 12,674.873 USD in Dec 2022 and a record low of 68.243 in Dec 1957.
• CEIC converts annual GDP per Capita into USD. The National Bureau of Statistics provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, China GDP expanded 4.550 % YoY in Mar 2023.
• China Nominal GDP reached 4,166.759 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.400 % in Mar 2023.
• Gross Savings Rate of China was measured at 44.277 % in Dec 2023.

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2023, with projections up until 2029. The gross domestic product of the United States in 2023 amounted to around 27.72 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

62,20 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

Terrorism Index in the United States decreased to 3.52 Points in 2024 from 4.14 Points in 2023. United States of America Terrorism Index - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Market Hotness: Hotness Rank in Syracuse, NY (CBSA) (HORAMSA45060) from Aug 2017 to Feb 2025 about Syracuse, rank, NY, and USA.

United States ECI: sa: Compensation: SP: Wholesale Trade data was reported at 184.000 Jun1989=100 in Dec 2005. This records an increase from the previous number of 181.500 Jun1989=100 for Sep 2005. United States ECI: sa: Compensation: SP: Wholesale Trade data is updated quarterly, averaging 114.950 Jun1989=100 from Mar 1980 (Median) to Dec 2005, with 104 observations. The data reached an all-time high of 184.000 Jun1989=100 in Dec 2005 and a record low of 58.200 Jun1989=100 in Mar 1980. United States ECI: sa: Compensation: SP: Wholesale Trade data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G073: National Compensation Survey: Employment Cost Index: Jun 1989=100.

64,10 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

In 2024, the United States had the largest economy in the world, with a gross domestic product of just under 29 trillion U.S. dollars. China had the second largest economy, at around 18.5 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Italy's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

47,80 (Punktzahl, höchste Punktzahl = beste Punktzahl) in 2024. Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

This page displays a table with United States Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

NSDP Per Capita: Punjab data was reported at 196,504.719 INR in 2024. This records an increase from the previous number of 181,678.286 INR for 2023. NSDP Per Capita: Punjab data is updated yearly, averaging 139,834.638 INR from Mar 2012 (Median) to 2024, with 13 observations. The data reached an all-time high of 196,504.719 INR in 2024 and a record low of 85,576.648 INR in 2012. NSDP Per Capita: Punjab data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.GEI004: Memo Items: State Economy: Net State Domestic Product per Capita.