In 2023, the GDP of Hawaii amounted to around 88.61 billion U.S. dollars. The finance, insurance real estate, rental, and leasing industry added the most real value to the gross domestic product of Hawaii, amounting to around 19.09 billion U.S. dollars. In the same year, the professional and business services industry added around 8.9 billion U.S. dollars.

In 2023, the real gross domestic product (GDP) of Hawaii was about 86.89 billion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 85.21 billion U.S. dollars.

In 2023, the real GDP of Hawaii increased by about two percent compared to the previous year. Hawaii's economy was particularly impacted by the COVID-19 pandemic in 2020, when its GDP shrank by 10.1 percent.

1/ Historical labor force and jobs data revised. For details, see Hawaii DLIR http://www.hiwi.org/cgi/dataanalysis/?PAGEID=94 .
2/ Data from January 1999 have been revised and consist of domestic and international air arrivals. They are not comparable to Eastbound and Westbound series.
Source: Hawaii Department of Labor & Industrial Relations; Hawaii Department of Taxation; Hawaii Department of Business, Economic
Development and Tourism; county building departments; Honolulu Board of REALTORS® compiled by Harvey Shapiro, Title Guaranty of
Hawaii and Realtors® Association of Maui, Inc. Final tables compiled by Statistics and Data Support Branch, READ, DBEDT

Graph and download economic data for Per Capita Personal Income in Hawaii (HIPCPI) from 1950 to 2023 about HI, personal income, per capita, personal, income, and USA.

Graph and download economic data for Unemployment Rate in Hawaii (LAUST150000000000003A) from 1976 to 2024 about HI, household survey, unemployment, rate, and USA.

In 2019, the per capita real gross domestic product of Hawaii was 58,981 chained 2012 U.S. dollars, a slight increase from the previous year. Since 2000, the per capita real GDP of Hawaii was the highest in 2019.

Graph and download economic data for All Employees: Government in Hawaii (HIGOVTN) from Jan 1990 to Jan 2025 about HI, government, employment, and USA.

Philippines Exports: United States: Excludes Alaska and Hawaii data was reported at 820.538 USD mn in Apr 2018. This records a decrease from the previous number of 864.615 USD mn for Mar 2018. Philippines Exports: United States: Excludes Alaska and Hawaii data is updated monthly, averaging 662.966 USD mn from Jan 1991 (Median) to Apr 2018, with 328 observations. The data reached an all-time high of 1.196 USD bn in Sep 2013 and a record low of 204.356 USD mn in Jan 1991. Philippines Exports: United States: Excludes Alaska and Hawaii data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.JA019: Trade Statistics: Imports and Exports: Value: By Major Countries.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Hawaii. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Hawaii, the median household income for the households where the householder is White increased by $9,024(10.27%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $87,888 in 2013 and $96,912 in 2023.
• Black or African American: In Hawaii, the median household income for the households where the householder is Black or African American increased by $3,565(4.57%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $77,952 in 2013 and $81,517 in 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Hawaii.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Hawaii median household income by race. You can refer the same here

Total Scheduled Flight: United States: Honolulu, Hawaii-Zhejiang: Hangzhou data was reported at 1.000 Unit in 11 Feb 2019. This stayed constant from the previous number of 1.000 Unit for 04 Feb 2019. Total Scheduled Flight: United States: Honolulu, Hawaii-Zhejiang: Hangzhou data is updated weekly, averaging 1.000 Unit from Jan 2019 (Median) to 11 Feb 2019, with 3 observations. The data reached an all-time high of 1.000 Unit in 11 Feb 2019 and a record low of 1.000 Unit in 11 Feb 2019. Total Scheduled Flight: United States: Honolulu, Hawaii-Zhejiang: Hangzhou data remains active status in CEIC and is reported by VariFlight. The data is categorized under China Premium Database’s Transportation and Storage Sector – Table CN.TM: VariFlight Flight Statistics: Total Scheduled Flight: Arrival: Zhejiang.

Graph and download economic data for Employed Persons in Hawaii (LASST150000000000005) from Jan 1976 to Dec 2024 about HI, household survey, employment, persons, and USA.

United States Unemployment Rate: Native Hawaiian or Other Pacific Islander data was reported at 5.100 % in Feb 2025. This records an increase from the previous number of 4.600 % for Jan 2025. United States Unemployment Rate: Native Hawaiian or Other Pacific Islander data is updated monthly, averaging 5.900 % from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 15.600 % in Oct 2010 and a record low of 1.100 % in Feb 2019. United States Unemployment Rate: Native Hawaiian or Other Pacific Islander data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G037: Current Population Survey: Unemployment Rate.

Total Operated Flight: United States: Honolulu, Hawaii-Guangdong: Guangzhou data was reported at 1.000 Unit in 30 Sep 2019. Total Operated Flight: United States: Honolulu, Hawaii-Guangdong: Guangzhou data is updated weekly, averaging 1.000 Unit from Sep 2019 (Median) to 30 Sep 2019, with 1 observations. The data reached an all-time high of 1.000 Unit in 30 Sep 2019 and a record low of 1.000 Unit in 30 Sep 2019. Total Operated Flight: United States: Honolulu, Hawaii-Guangdong: Guangzhou data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Transportation and Storage Sector – Table CN.TM: VariFlight Flight Statistics: Total Operated Flight: Arrival: Guangdong.

In 2019, Hawaii added a value of 2.94 billion U.S. dollars to the national Gross Domestic Product (GDP) of the United States from its arts and culture production industry. In 2001 this added value was only at 1.37 billion U.S. dollars.

Graph and download economic data for All Employees: Total Nonfarm in Hawaii (SMS15000000000000026) from Apr 1990 to Jan 2025 about HI, payrolls, nonfarm, employment, and USA.

Graph and download economic data for Unemployment Rate in Hawaii County, HI (HIHAWA0URN) from Jan 1990 to Jan 2025 about Hawaii County, HI; HI; unemployment; rate; and USA.

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 All Employees: Total Private in Hawaii (SMS15000000500000001) from Jan 1990 to Jan 2025 about HI, private, employment, and USA.

Graph and download economic data for All Employees: Other Services in Hawaii (HISRVO) from Jan 1990 to Jan 2025 about HI, services, employment, and USA.