2 datasets found
  1. U.S. real per capita GDP 2023, by state

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. real per capita GDP 2023, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    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.

  2. Longest rivers of the earth

    • statista.com
    Updated Jan 23, 2025
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    Statista (2025). Longest rivers of the earth [Dataset]. https://www.statista.com/statistics/262927/the-ten-longest-rivers-on-earth/
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    Dataset updated
    Jan 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Earth, Worldwide
    Description

    The River Nile, which runs through several countries in East and North Africa, is regarded as the longest river on Earth, running nearly 6,700 kilometers from its source in Lake Victoria to its mouth in the Mediterranean. The exact length of the river is disputed, as measuring the exact lengths of rivers is a complicated science.

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Share
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Click to copy link
Link copied
Close
Cite
Statista (2024). U.S. real per capita GDP 2023, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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U.S. real per capita GDP 2023, by state

Explore at:
17 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 5, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2023
Area covered
United States
Description

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.

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