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

In 2023, the real gross domestic product (GDP) of Minnesota was around 379.11 billion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at 379.73 billion U.S. dollars.

In 2023, the real gross domestic product (GDP) of Minnesota increased by roughly 1.6 percent when compared to the previous year. The state's real GDP experienced the most growth in 2000, when it increased by 6.6 percent compared to the previous year.

This statistic shows the per capita real Gross Domestic Product of Minnesota from 2000 to 2019. In 2019, the per capita real GDP of Minnesota stood at 60,066 chained 2012 U.S. dollars.

Graph and download economic data for Total Gross Domestic Product for Minneapolis-St. Paul-Bloomington, MN-WI (MSA) (NGMP33460) from 2001 to 2023 about Minneapolis, MN, WI, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Information (51) in Minnesota (MNINFORQGSP) from Q1 2005 to Q1 2025 about information, MN, GSP, private industries, private, real, industry, GDP, and USA.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Real Gross Domestic Product: State and Local in Minnesota was 31852.40000 Mil. of Chn. 2009 $ in January of 2024, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: State and Local in Minnesota reached a record high of 31852.40000 in January of 2024 and a record low of 26921.70000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: State and Local in Minnesota - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in Minnesota (MNMANNGSP) from 1997 to 2024 about MN, GSP, private industries, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Construction (23) in Minnesota (MNCONSTRQGSP) from Q1 2005 to Q1 2025 about MN, GSP, private industries, construction, private, real, industry, GDP, and USA.

Gross Domestic Product: Government and Government Enterprises in Minnesota was 46909.90000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: Government and Government Enterprises in Minnesota reached a record high of 46909.90000 in January of 2024 and a record low of 17293.00000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Government and Government Enterprises in Minnesota - last updated from the United States Federal Reserve on July of 2025.

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.

In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

Gross Domestic Product: Federal Civilian in Minnesota was 5766.40000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: Federal Civilian in Minnesota reached a record high of 5766.40000 in January of 2024 and a record low of 2268.70000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Federal Civilian in Minnesota - last updated from the United States Federal Reserve on September of 2025.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Gross Domestic Product: All Industries in Hennepin County, MN (GDPALL27053) from 2001 to 2023 about Hennepin County, MN; Minneapolis; MN; industry; GDP; and USA.

Mongolia MN: GDP: External Balance of Goods and Services data was reported at 659,550.491 MNT mn in 2017. This records a decrease from the previous number of 1,146,984.141 MNT mn for 2016. Mongolia MN: GDP: External Balance of Goods and Services data is updated yearly, averaging -6,650.806 MNT mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 1,146,984.141 MNT mn in 2016 and a record low of -4,320,247.309 MNT mn in 2013. Mongolia MN: GDP: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mongolia – Table MN.World Bank.WDI: Gross Domestic Product: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Chain-Type Quantity Index for Real GDP: Manufacturing (NAICS 31-33) in Minnesota was 101.56100 Index 2009=100 in January of 2025, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Manufacturing (NAICS 31-33) in Minnesota reached a record high of 104.37400 in October of 2018 and a record low of 79.47400 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: Manufacturing (NAICS 31-33) in Minnesota - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Total Real Gross Domestic Product for Duluth, MN-WI (MSA) (RGMP20260) from 2001 to 2023 about Duluth, MN, WI, real, industry, GDP, and USA.