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

In 2024, the real gross domestic product (GDP) of Massachusetts was about 633.62 U.S. dollars. This is an increase from the previous year, when the state's GDP stood at 615.5 billion U.S. dollars.

Graph and download economic data for Gross Domestic Product: All Industry Total in Massachusetts (MANQGSP) from Q1 2005 to Q2 2025 about MA, GSP, industry, GDP, and USA.

In 2023, the real gross domestic product (GDP) of Massachusetts increased by roughly 1.2 percent compared to the previous year. The state's GDP experienced the most growth in 2000, when it increased by 8.1 percent when compared to the previous year.

This statistic shows the per capita real Gross Domestic Product of Massachusetts from 2000 to 2024. In 2024, the per capita real GDP of Massachusetts stood at 88,790 chained 2017 U.S. dollars.

View yearly updates and historical trends for Massachusetts GDP YoY. Source: Bureau of Economic Analysis. Track economic data with YCharts analytics.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in Massachusetts (MAMANNQGSP) from Q1 2005 to Q2 2025 about MA, GSP, private industries, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Construction (23) in Massachusetts (MACONSTNGSP) from 1997 to 2024 about MA, GSP, private industries, construction, private, industry, GDP, and USA.

United States GDP by State per Capita: 2005p: Massachusetts data was reported at 53,221.000 USD in 2012. This records an increase from the previous number of 52,517.000 USD for 2011. United States GDP by State per Capita: 2005p: Massachusetts data is updated yearly, averaging 50,067.500 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 53,221.000 USD in 2012 and a record low of 40,822.000 USD in 1997. United States GDP by State per Capita: 2005p: Massachusetts 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.

Gross Domestic Product: All Industry Total in Massachusetts was 813670.20000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in Massachusetts reached a record high of 813670.20000 in April of 2025 and a record low of 334948.80000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: All Industry Total in Massachusetts - last updated from the United States Federal Reserve on November of 2025.

Gross Domestic Product: Durable Goods Manufacturing (NAICS 321, 327-339) in Massachusetts was 29966.50000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: Durable Goods Manufacturing (NAICS 321, 327-339) in Massachusetts reached a record high of 32655.80000 in October of 2023 and a record low of 25788.80000 in April of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Durable Goods Manufacturing (NAICS 321, 327-339) in Massachusetts - last updated from the United States Federal Reserve on November of 2025.

Massachusetts GDP - Historical chart and current data through 2024.

Gross Domestic Product: State and Local in Massachusetts was 47989.70000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: State and Local in Massachusetts reached a record high of 47989.70000 in January of 2024 and a record low of 17104.80000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: State and Local in Massachusetts - last updated from the United States Federal Reserve on November of 2025.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.

Chain-Type Quantity Index for Real GDP: Government and Government Enterprises in Massachusetts was 101.98000 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Government and Government Enterprises in Massachusetts reached a record high of 103.69600 in January of 2011 and a record low of 93.17600 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Government and Government Enterprises in Massachusetts - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Gross Domestic Product: Educational Services (61) in Massachusetts (MAEDCATNQGSP) from Q1 2005 to Q2 2025 about healthcare, social assistance, MA, health, education, GSP, private industries, services, private, industry, GDP, and USA.

Gross Domestic Product: Government and Government Enterprises in Massachusetts was 69602.50000 Mil. of $ in April of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: Government and Government Enterprises in Massachusetts reached a record high of 70158.90000 in January of 2025 and a record low of 36553.80000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Government and Government Enterprises in Massachusetts - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Real Gross Domestic Product: Private Industries in Massachusetts (MAPIRQGSP) from Q1 2005 to Q2 2025 about MA, GSP, private industries, private, real, industry, GDP, and USA.

Chain-Type Quantity Index for Real GDP: Information (NAICS 51) in Massachusetts was 178.13300 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Information (NAICS 51) in Massachusetts reached a record high of 178.13300 in January of 2024 and a record low of 29.86200 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Information (NAICS 51) in Massachusetts - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Massachusetts (MARGSP) from 1997 to 2024 about MA, GSP, real, industry, GDP, and USA.