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 Q1 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 West Virginia (WVRQGSP) from Q1 2005 to Q2 2025 about WV, GSP, real, industry, GDP, and USA.

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 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.

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 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.

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.

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 Real Gross Domestic Product for Virginia Beach-Norfolk-Newport News, VA-NC (MSA) (RGMP47260) from 2001 to 2023 about Virginia Beach, VA, NC, real, 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.

Graph and download economic data for Real Gross Domestic Product: All Industries in Virginia Beach City, VA (REALGDPALL51810) from 2001 to 2023 about Independent City, Virginia Beach, VA, real, industry, GDP, and USA.

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

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

Graph and download economic data for Total Real Gross Domestic Product for Richmond, VA (MSA) (RGMP40060) from 2001 to 2023 about Richmond, VA, real, industry, GDP, and USA.

Chain-Type Quantity Index for Real GDP: Government and Government Enterprises in Virginia was 105.86600 Index 2009=100 in January of 2025, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Government and Government Enterprises in Virginia reached a record high of 105.86600 in January of 2025 and a record low of 89.85700 in January of 2005. 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 Virginia - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Real Gross Domestic Product: All Industries in Norfolk City, VA (REALGDPALL51710) from 2001 to 2023 about Norfolk, Independent City, VA, real, industry, GDP, and USA.

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.