In 2023, the real gross domestic product (GDP) of Florida was about 1.28 trillion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at around 1.22 trillion U.S. dollars.

In 2023, the real gross domestic product (GDP) of Florida increased by 4.3 percent when compared to the previous year. 2021 saw a spike in GDP growth as the Florida economy rebounded from the COVID-19 pandemic.

Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNQGSP) from Q1 2005 to Q4 2024 about GSP, FL, industry, GDP, and USA.

In Florida, the mining, quarrying, and oil and gas extraction industry added around 990 million chained 2017 U.S. dollars of value to the state's gross domestic product (GDP) in 2023. The total value added to Florida's GDP by all industries was about 1.29 trillion U.S. dollars that year.

Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Broward County, FL (GDPALL12011) from 2001 to 2023 about Broward County, FL; Miami; FL; industry; GDP; and USA.

This statistic shows the per capita real Gross Domestic Product of Florida from 2000 to 2023. In 2023, the per capita real GDP of Florida stood at 56,571 chained 2017 U.S. dollars.

Graph and download economic data for Total Gross Domestic Product for Miami-Fort Lauderdale-West Palm Beach, FL (MSA) (NGMP33100) from 2001 to 2023 about Miami, FL, industry, GDP, and USA.

Graph and download economic data for Total Gross Domestic Product for Orlando-Kissimmee-Sanford, FL (MSA) (NGMP36740) from 2001 to 2023 about Orlando, FL, industry, GDP, and USA.

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.

Graph and download economic data for Total Gross Domestic Product for Naples-Immokalee-Marco Island, FL (MSA) (NGMP34940) from 2001 to 2023 about Naples, FL, industry, GDP, and USA.

GDP from construction of Florida dropped by 11.05% from 83,959.6 millions of current dollars in 2022Q4 to 74,685.7 millions of current dollars in 2023Q1. Since the 3.85% growth in 2022Q3, GDP from construction slumped by 6.70% in 2023Q1. Current-dollar GDP (millions of current dollars)

Graph and download economic data for Real Gross Domestic Product: All Industries in Broward County, FL (REALGDPALL12011) from 2001 to 2023 about Broward County, FL; Miami; FL; real; industry; GDP; and USA.

Gross Domestic Product: Chemical Manufacturing (NAICS 325) in Florida was 11857.90000 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Gross Domestic Product: Chemical Manufacturing (NAICS 325) in Florida reached a record high of 12002.80000 in January of 2022 and a record low of 2008.30000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Chemical Manufacturing (NAICS 325) in Florida - last updated from the United States Federal Reserve on May of 2025.

GDPS: 2017p: FL: Pvt: Other Svcs excl Gov't data was reported at 27.276 USD bn in Dec 2024. This records a decrease from the previous number of 27.399 USD bn for Sep 2024. GDPS: 2017p: FL: Pvt: Other Svcs excl Gov't data is updated quarterly, averaging 26.876 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 29.087 USD bn in Sep 2022 and a record low of 22.557 USD bn in Jun 2020. GDPS: 2017p: FL: Pvt: Other Svcs excl Gov't data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A083: NIPA 2023: GDP by State: Southeast Region: Chain Linked 2017 Price: saar.

Graph and download economic data for Gross Domestic Product: Private Goods-Producing Industries in Palm Beach County, FL (GDPGOODS12099) from 2001 to 2023 about Palm Beach County, FL; goods-producing; Miami; FL; private; industry; GDP; and USA.

Total Gross Domestic Product for Sebastian-Vero Beach, FL (MSA) was 10207.14400 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Total Gross Domestic Product for Sebastian-Vero Beach, FL (MSA) reached a record high of 10207.14400 in January of 2023 and a record low of 3041.00500 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Gross Domestic Product for Sebastian-Vero Beach, FL (MSA) - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Total Real Gross Domestic Product for Panama City, FL (MSA) (RGMP37460) from 2001 to 2023 about Panama City, FL, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Polk County, FL (GDPALL12105) from 2001 to 2023 about Polk County, FL; Lakeland; FL; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Columbia County, FL (GDPALL12023) from 2001 to 2023 about Columbia County, FL; FL; industry; GDP; and USA.