In 2024, the real gross domestic product (GDP) of Virginia was 616.06 billion U.S. dollars. This is a significant increase from the previous year, when the state's real GDP stood at 597.6 billion U.S. dollars.

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

In 2023, the real gross domestic product (GDP) of Virginia increased by roughly 2.9 percent compared to the previous year. 2021 saw the largest growth since 2000 as the Virginia economy began its recovery from the COVID-19 pandemic.

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

In 2023, the mining industry added around 1.65 billion chained 2017 U.S. dollars of value to the state gross domestic product in Virginia. The professional and business services industry added the greatest value, with 136.16 billion U.S. dollars being added to the state's GDP during the same year.

This statistic shows the per capita real Gross Domestic Product of Virginia from 2000 to 2024. In 2024, the per capita real GDP of Virginia stood at 69,918 U.S. dollars. Data

In 2024, the real gross domestic product (GDP) of West Virginia was 83.65 billion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 80.8 billion U.S. dollars.

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

Graph and download economic data for Total Gross Domestic Product for Virginia Beach-Norfolk-Newport News, VA-NC (MSA) (NGMP47260) from 2001 to 2023 about Virginia Beach, VA, NC, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Virginia Beach City, VA (GDPALL51810) from 2001 to 2023 about Independent City, Virginia Beach, VA, industry, GDP, and USA.

In 2023, the real GDP of West Virginia increased by 4.7 percent compared to the previous year. The GDP of the United States grew by 2.9 percent in 2023, and 2.5 percent in 2022.

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

2018 to present (approximate 1 quarter lag) Virginia Gross Domestic Product (GDP) quarterly estimate (in millions) with industry detail.

U.S. Department of Commerce, Bureau of Economic Analysis; Regional Economic Accounts, SQGDP table: Quarterly GDP by State SQGDP2 Data accessed from the Bureau of Economic Analysis website (https://apps.bea.gov/API/signup/)

Additional information on GDP and this data is available on the Bureau of Economic Analysis website (https://www.bea.gov/resources/learning-center/what-to-know-gdp)

SQGDP2 table Footnotes 1/ For levels: millions of dollars, seasonally adjusted at annual rates; for annualized percent change and compound growth rate: seasonally adjusted at annual rates. Industry detail is based on the 2012 North American Industry Classification System (NAICS). Calculations are performed on unrounded data. * For the All industry total and Government and government enterprises, the difference between the United States and sum-of-states reflects overseas activity, economic activity taking place outside the borders of the United States by the military and associated federal civilian support staff. (D) Not shown to avoid disclosure of confidential information; estimates are included in higher-level totals.

In 2019, the per capita real gross domestic product of West Virginia was 40,265 chained 2012 U.S. dollars, a slight increase from the previous year. Since 2000, the per capita real GDP of West Virginia was the highest in 2019.

In 2023, the GDP of West Virginia totaled around 80.8 billion U.S. dollars. The government and government enterprises industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 12.68 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 7.14 billion U.S. dollars to the state's real GDP.

Graph and download economic data for Real Gross Domestic Product: State and Local in Virginia (VAGOVSLRGSP) from 1997 to 2024 about state & local, VA, GSP, government, real, industry, GDP, and USA.

Chain-Type Quantity Index for Real GDP: Educational Services (NAICS 61) in Virginia was 105.60200 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Educational Services (NAICS 61) in Virginia reached a record high of 116.68400 in January of 2009 and a record low of 60.86500 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Educational Services (NAICS 61) in Virginia - last updated from the United States Federal Reserve on November of 2025.

Chain-Type Quantity Index for Real GDP: Private Goods-Producing Industries in Virginia was 106.96700 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Private Goods-Producing Industries in Virginia reached a record high of 109.73400 in January of 2001 and a record low of 88.10200 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: Private Goods-Producing Industries in Virginia - last updated from the United States Federal Reserve on October of 2025.

United States GDP: VA: PI: Government data was reported at 123.480 2005=100 in 2012. This records an increase from the previous number of 121.096 2005=100 for 2011. United States GDP: VA: PI: Government data is updated yearly, averaging 30.930 2005=100 from Dec 1947 (Median) to 2012, with 66 observations. The data reached an all-time high of 123.480 2005=100 in 2012 and a record low of 5.741 2005=100 in 1947. United States GDP: VA: PI: Government 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.A278: NIPA 2009: GDP by Industry: Value Added: Price Index: 2005=100.

Graph and download economic data for Gross Domestic Product: Private Industries in Virginia (VAPINQGSP) from Q1 2005 to Q2 2025 about VA, GSP, private industries, private, industry, GDP, and USA.