In 2023, the per capita real gross domestic product of Mississippi was 39,103 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 2023
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Graph and download economic data for Per Capita Personal Income in Mississippi (MSPCPI) from 1929 to 2023 about MS, personal income, per capita, personal, income, 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.
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Graph and download economic data for Per Capita Personal Income in Mississippi (MSOPCI) from Q1 2010 to Q3 2024 about MS, personal income, per capita, personal, income, and USA.
In 2022, the per capita personal income in Mississippi was 46,370 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.
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Graph and download economic data for Real Per Capita Personal Income in Mississippi (MSOI96) from Q1 2010 to Q3 2024 about MS, personal income, per capita, personal, income, real, and USA.
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Real Per Capita Personal Income in Mississippi was 42377.59000 Chn. 2009 $ in July of 2024, according to the United States Federal Reserve. Historically, Real Per Capita Personal Income in Mississippi reached a record high of 46962.80000 in January of 2021 and a record low of 4772.90000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Per Capita Personal Income in Mississippi - last updated from the United States Federal Reserve on March of 2025.
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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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Per Capita Personal Income in Mississippi was 45438.00000 $ in January of 2021, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Mississippi reached a record high of 45438.00000 in January of 2021 and a record low of 122.00000 in January of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Mississippi - last updated from the United States Federal Reserve on March of 2025.
Residents of the District of Columbia had the highest personal income per capita in 2023, at 100,909 U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at 48,110 U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.
Since 1990, the annual per capita disposable personal income has more than tripled in Mississippi. In 2023, the annual per capita disposable personal income was 45,805 U.S. dollars. This is compared to 12,163 U.S. dollars in 1990.
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Graph and download economic data for Per Capita Personal Income in Jackson, MS (MSA) (JACK128PCPI) from 1969 to 2023 about Jackson, MS, personal income, per capita, personal, income, and USA.
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Graph and download economic data for Total Per Capita Real Gross Domestic Product for Gulfport-Biloxi-Pascagoula, MS (MSA) (DISCONTINUED) (PCRGMP25060) from 2001 to 2017 about Gulfport, MS, per capita, real, industry, GDP, and USA.
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Graph and download economic data for Real Per Capita Personal Income for Hattiesburg, MS (MSA) (RPIPC25620) from 2008 to 2023 about Hattiesburg, MS, personal income, per capita, personal, income, real, and USA.
35.015,00 (US dollars) in 2019. GDP is expressed at constant 2009 U.S. dollars per person.
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Per Capita Personal Income in Mississippi County, MO was 43102.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Mississippi County, MO reached a record high of 43102.00000 in January of 2023 and a record low of 1964.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Mississippi County, MO - last updated from the United States Federal Reserve on March of 2025.
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Graph and download economic data for Real Per Capita Personal Income for Gulfport-Biloxi-Pascagoula, MS (MSA) (RPIPC25060) from 2008 to 2023 about Gulfport, MS, personal income, per capita, personal, income, real, and USA.
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Real Per Capita Personal Income: Nonmetropolitan Portion for Mississippi was 45857.00000 Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Real Per Capita Personal Income: Nonmetropolitan Portion for Mississippi reached a record high of 48984.00000 in January of 2021 and a record low of 37674.00000 in January of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Per Capita Personal Income: Nonmetropolitan Portion for Mississippi - last updated from the United States Federal Reserve on February of 2025.
47,737 (US dollars) in 2023Q1.
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Graph and download economic data for Real Per Capita Personal Income for Mississippi (MSRPIPC) from 2008 to 2023 about MS, personal income, per capita, personal, income, real, and USA.
In 2023, the per capita real gross domestic product of Mississippi was 39,103 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 2023