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.

In 2023, the state of California added about 3.2 trillion chained (2017) U.S. dollars of value to the U.S. real gross domestic product (GDP). Total real GDP amounted to about 22.7 trillion chained (2017) U.S. dollars.

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 Gross Domestic Product: All Industry Total in Washington (WANGSP) from 1997 to 2023 about WA, GSP, industry, GDP, and USA.

United States GDP by State per Capita: 2005p: Florida data was reported at 34,802.000 USD in 2012. This records an increase from the previous number of 34,440.000 USD for 2011. United States GDP by State per Capita: 2005p: Florida data is updated yearly, averaging 34,788.500 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 38,966.000 USD in 2006 and a record low of 31,478.000 USD in 1997. United States GDP by State per Capita: 2005p: Florida 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.A238: NIPA 2009: Gross Domestic Product by State: Per Capita.

This dataset shows the Gross Domestic Product (GDP) by State at Current Prices, 2005-2022 Footnote: The value for year 2021 are estimate. The value for year 2022 are preliminary. Source: Department of Statistics Malaysia No. of Views : 86

This dataset provides both quarterly and annual estimates of the value of the goods and services produced in Iowa as provided by the U.S. Department of Commerce, Bureau of Economic Analysis in tables SAGDP2N, SAGDP9N, SAGDP10N, SQGDP2, and SQGDP9. Annual data is available beginning in 1997, and quarterly beginning 2005. The data include breakdowns of industries' contributions. Quarterly estimates are presented as an annual rate.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars.

The annual per capita real GDP is also provided and is measured in chained dollars. In calculating the per capita real GDP, the real GDP is divided by the Census Bureau’s annual midyear (July 1) population estimates for the year.

Graph and download economic data for Gross Domestic Product: All Industry Total in Michigan (MINQGSP) from Q1 2005 to Q3 2024 about MI, GSP, industry, GDP, and USA.

The Gross Domestic Product (GDP) in the United States was worth 27720.71 billion US dollars in 2023, according to official data from the World Bank. The GDP value of the United States represents 26.29 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This map shows the Gross Domestic Product (GDP) by state in the USA from 2016. This is represented by total GDP in 2016 dollars and by the percent of total US GDP. The GDP amount represents the total of all industries tracked using the NAICS system. The popup shows the percent of US total GDP, and the chart within the popup shows with the annual trend of GDP amount since 1997. Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp data was reported at 26.000 USD mn in 2016. This records an increase from the previous number of 22.000 USD mn for 2015. GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp data is updated yearly, averaging 13.000 USD mn from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 26.000 USD mn in 2016 and a record low of 5.000 USD mn in 1998. GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp 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.A104: NIPA 2013: Gross Domestic Product by State: 2009 Price: Chain Linked.

Graph and download economic data for Nominal Gross Domestic Product for United States (NGDPSAXDCUSQ) from Q1 1950 to Q3 2024 about GDP and USA.

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.

The Gross Domestic Product (GDP) in the United States expanded 2.50 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product Of The United States is the main measure of US economic growth based on the value of goods and services produced from 1930 and 2013.

United States GDP by State per Capita: 2005p: South Carolina data was reported at 31,881.000 USD in 2012. This records an increase from the previous number of 31,345.000 USD for 2011. United States GDP by State per Capita: 2005p: South Carolina data is updated yearly, averaging 32,398.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 33,375.000 USD in 2003 and a record low of 30,428.000 USD in 1997. United States GDP by State per Capita: 2005p: South Carolina 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.

United States GDP by State per Capita: 2005p: Washington data was reported at 47,146.000 USD in 2012. This records an increase from the previous number of 45,942.000 USD for 2011. United States GDP by State per Capita: 2005p: Washington data is updated yearly, averaging 44,324.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 47,315.000 USD in 2007 and a record low of 39,435.000 USD in 1997. United States GDP by State per Capita: 2005p: Washington 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.

Graph and download economic data for Gross Domestic Product: Professional, Scientific, and Technical Services (54) in the United States (USPROBUSNQGSP) from Q1 2005 to Q3 2024 about science, professional, GSP, private industries, business, services, private, industry, GDP, and USA.

United States GDP by State per Capita: 2005p: Nevada data was reported at 41,029.000 USD in 2012. This records an increase from the previous number of 40,970.000 USD for 2011. United States GDP by State per Capita: 2005p: Nevada data is updated yearly, averaging 42,516.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 47,565.000 USD in 2007 and a record low of 40,532.000 USD in 2010. United States GDP by State per Capita: 2005p: Nevada 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.