In 2023, the mining, quarrying, and oil and gas extraction industry added about 730 million chained 2017 U.S. dollars of value to New York's GDP. Total real GDP amounted to about 1.79 trillion chained 2017 U.S. dollars. In 2023, the per capita personal income in New York was 82,323 current U.S. dollars.

In 2024, the real gross domestic product (GDP) of New York was about 1.83 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 1.79 trillion U.S. dollars.

Graph and download economic data for Real Gross Domestic Product: All Industries in New York County, NY (REALGDPALL36061) from 2001 to 2023 about New York County, NY; New York; NY; real; industry; GDP; and USA.

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

In 2023, the real gross domestic product (GDP) of New York increase by *** percent when compared to the previous year. 2021 saw was the largest increase in the state's real GDP since 2000, when the GDP increased by *** percent as the state rebounded from the COVID-19 pandemic.

In 2023, the GDP of the New York metro area amounted to *** trillion chained 2017 U.S. dollars. This is an increase from 2021, when the GDP of the New York metro area was **** trillion dollars. New York CityThe New York metro area’s GDP has steadily risen in the last two decades from *** trillion U.S. dollars in 2001 to **** trillion U.S. dollars in 2023. In September 2023, the New York- Newark-Jersey City area had an unemployment rate of *** percent. It also had the highest population in the country in 2022 at ***** million people. New York City’s economy is one of the greatest in the country and is home to many Fortune 500 companies, including Big Pharma’s Bristol-Myers Squibb. Industries such as media, real estate, fashion and entertainment are some of the most prominent in the area. The finance industry in New York City, also known as Wall Street, is one of the leading financial centers of the world and houses the New York Stock Exchange and NASDAQ. The region is also home to one of the largest trading industries in the country at the Port of New York and New Jersey. This port includes a large estuary, regional airports, and a plethora of rail and road networks. Silicon Alley is one of the country’s largest technology industry hubs, including internet, telecommunications, and biotechnology. In 2022, there were some ****** business establishments in the region that focused on professional, scientific, and technical services.

This statistic shows the per capita real Gross Domestic Product of New York from 2000 to 2024. In 2024, the per capita real GDP of New York stood at 92,341 chained 2017 U.S. dollars.

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

Graph and download economic data for Real Gross Domestic Product: All Industries in Nassau County, NY (REALGDPALL36059) from 2001 to 2023 about Nassau County, NY; New York; NY; real; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Kings County, NY (GDPALL36047) from 2001 to 2023 about Kings County, NY; New York; NY; industry; GDP; and USA.

Graph and download economic data for Total Per Capita Real Gross Domestic Product for New York-Newark-Jersey City, NY-NJ-PA (MSA) (DISCONTINUED) (PCRGMP35620) from 2001 to 2017 about NJ, New York, PA, NY, per capita, real, industry, GDP, and USA.

The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, 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 45.71 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.

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.

Total Quantity Indexes for Real GDP for Rochester, NY (MSA) was 104.57500 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Rochester, NY (MSA) reached a record high of 104.57500 in January of 2023 and a record low of 95.27300 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Rochester, NY (MSA) - last updated from the United States Federal Reserve on November of 2025.

The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

In 2021, New York contributed 143.83 billion U.S. dollars to the national Gross Domestic Product (GDP) of the United States through its arts and cultural production. This figure has more than doubled since 2001 when the contributions amounted to 58.53 billion U.S. dollars.

Graph and download economic data for Gross Domestic Product: All Industries in Columbia County, NY (GDPALL36021) from 2001 to 2023 about Columbia County, NY; NY; industry; GDP; and USA.

Total Quantity Indexes for Real GDP for Utica-Rome, NY (MSA) was 106.78600 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Utica-Rome, NY (MSA) reached a record high of 106.78600 in January of 2023 and a record low of 90.93300 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Utica-Rome, NY (MSA) - last updated from the United States Federal Reserve on November of 2025.

This table contains 114 series, with data for years 1919 - 1971 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Industry (114 items: Real domestic product; Agriculture; Forestry; Fishing and trapping; ...).

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.