In 2024, the real gross domestic product (GDP) of Mississippi was 122.44 billion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 119.55 billion U.S. dollars.
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Graph and download economic data for Gross Domestic Product: All Industry Total in Mississippi (MSNGSP) from 1997 to 2024 about MS, GSP, industry, GDP, and USA.
In 2024, the per capita real gross domestic product of Mississippi was 41,603 chained 2017 U.S. dollars, a slight increase from the previous year. Since 2000, the per capita real GDP of Alabama was the highest in 2024
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Graph and download economic data for Gross Domestic Product: All Industry Total in Mississippi (MSNQGSP) from Q1 2005 to Q1 2025 about MS, GSP, industry, GDP, and USA.
In 2023, the GDP of Mississippi amounted to around 119.55 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of the state, amounting to around 20.39 billion U.S. dollars. In the same year, the retail trade industry contributed around 9.99 billion U.S. dollars to the state's real GDP.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.
In 2020, the real GDP of Mississippi decreased by about 1.8 percent compared to the previous year. Mississippi's real GDP saw the most growth in 2003 when it grew by 4.3 percent compared to the year before.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in Mississippi (MSRGSP) from 1997 to 2024 about MS, GSP, real, industry, GDP, and USA.
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Gross Domestic Product: All Industry Total in Mississippi was 162908.00000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in Mississippi reached a record high of 162908.00000 in January of 2025 and a record low of 81178.50000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: All Industry Total in Mississippi - last updated from the United States Federal Reserve on September 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.
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Mississippi GDP - Historical chart and current data through 2024.
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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.
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Graph and download economic data for Total Per Capita Real Gross Domestic Product for Jackson, MS (MSA) (DISCONTINUED) (PCRGMP27140) from 2001 to 2017 about Jackson, MS, per capita, real, industry, GDP, and USA.
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United States GDP by State per Capita: 2005p: Mississippi data was reported at 28,944.000 USD in 2012. This records an increase from the previous number of 28,337.000 USD for 2011. United States GDP by State per Capita: 2005p: Mississippi data is updated yearly, averaging 27,909.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 29,557.000 USD in 2008 and a record low of 25,710.000 USD in 1997. United States GDP by State per Capita: 2005p: Mississippi data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A174: NIPA 2009: Gross Domestic Product by State: Per Capita.
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Graph and download economic data for Total Gross Domestic Product for Jackson, MS (MSA) (NGMP27140) from 2001 to 2023 about Jackson, MS, industry, GDP, and USA.
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Chain-Type Quantity Index for Real GDP: Private Industries in Mississippi was 113.17700 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Private Industries in Mississippi reached a record high of 113.17700 in January of 2024 and a record low of 78.71300 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 Industries in Mississippi - last updated from the United States Federal Reserve on September of 2025.
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Chain-Type Quantity Index for Real GDP: Utilities (NAICS 22) in Mississippi was 117.49700 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Utilities (NAICS 22) in Mississippi reached a record high of 117.49700 in January of 2024 and a record low of 71.36300 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: Utilities (NAICS 22) in Mississippi - last updated from the United States Federal Reserve on September of 2025.
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Chain-Type Quantity Index for Real GDP: All Industry Total in Mississippi was 112.93900 Index 2009=100 in January of 2025, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: All Industry Total in Mississippi reached a record high of 112.93900 in January of 2025 and a record low of 93.03000 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: All Industry Total in Mississippi - last updated from the United States Federal Reserve on August of 2025.
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United States GDP by State per Capita: 2005p: New Mexico data was reported at 33,900.000 USD in 2012. This records an increase from the previous number of 33,872.000 USD for 2011. United States GDP by State per Capita: 2005p: New Mexico data is updated yearly, averaging 33,886.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 35,550.000 USD in 2004 and a record low of 30,001.000 USD in 1997. United States GDP by State per Capita: 2005p: New Mexico data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A174: NIPA 2009: Gross Domestic Product by State: Per Capita.
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Graph and download economic data for Per Capita Personal Income in Mississippi (MSPCPI) from 1929 to 2024 about MS, personal income, per capita, personal, income, and USA.
In 2024, the real gross domestic product (GDP) of Mississippi was 122.44 billion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 119.55 billion U.S. dollars.