In 2023, the real gross domestic product (GDP) of New York increase by *** percent when compared to the previous year. 2021 saw was the largest increase in the state's real GDP since 2000, when the GDP increased by *** percent as the state rebounded from the COVID-19 pandemic.
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Graph and download economic data for Gross Domestic Product: All Industry Total in New York from 1997 to 2024 about GSP, NY, industry, GDP, and USA.
In 2024, the real gross domestic product (GDP) of New York was about 1.83 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 1.79 trillion U.S. dollars.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in New York (NYRGSP) from 1997 to 2024 about NY, GSP, real, industry, GDP, and USA.
In 2023, the mining, quarrying, and oil and gas extraction industry added about 730 million chained 2017 U.S. dollars of value to New York's GDP. Total real GDP amounted to about 1.79 trillion chained 2017 U.S. dollars. In 2023, the per capita personal income in New York was 82,323 current U.S. dollars.
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Graph and download economic data for Total Gross Domestic Product for New York-Newark-Jersey City, NY-NJ-PA (MSA) (NGMP35620) from 2001 to 2023 about NJ, New York, PA, NY, industry, GDP, and USA.
In 2023, the GDP of the New York metro area amounted to *** trillion chained 2017 U.S. dollars. This is an increase from 2021, when the GDP of the New York metro area was **** trillion dollars. New York CityThe New York metro area’s GDP has steadily risen in the last two decades from *** trillion U.S. dollars in 2001 to **** trillion U.S. dollars in 2023. In September 2023, the New York- Newark-Jersey City area had an unemployment rate of *** percent. It also had the highest population in the country in 2022 at ***** million people. New York City’s economy is one of the greatest in the country and is home to many Fortune 500 companies, including Big Pharma’s Bristol-Myers Squibb. Industries such as media, real estate, fashion and entertainment are some of the most prominent in the area. The finance industry in New York City, also known as Wall Street, is one of the leading financial centers of the world and houses the New York Stock Exchange and NASDAQ. The region is also home to one of the largest trading industries in the country at the Port of New York and New Jersey. This port includes a large estuary, regional airports, and a plethora of rail and road networks. Silicon Alley is one of the country’s largest technology industry hubs, including internet, telecommunications, and biotechnology. In 2022, there were some ****** business establishments in the region that focused on professional, scientific, and technical services.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in New York (NYRQGSP) from Q1 2005 to Q1 2025 about NY, GSP, real, industry, GDP, and USA.
This statistic shows the per capita real Gross Domestic Product of New York from 2000 to 2024. In 2024, the per capita real GDP of New York stood at 92,341 chained 2017 U.S. dollars.
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Gross Domestic Product: All Industry Total in New York was 2363860.50000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in New York reached a record high of 2363860.50000 in January of 2025 and a record low of 981497.30000 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 New York - last updated from the United States Federal Reserve on September of 2025.
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Graph and download economic data for Gross Domestic Product: All Industries in Queens County, NY (GDPALL36081) from 2001 to 2023 about Queens County, NY; New York; NY; industry; GDP; and USA.
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Graph and download economic data for Real Gross Domestic Product: All Industries in New York County, NY (REALGDPALL36061) from 2001 to 2023 about New York County, NY; New York; NY; real; industry; GDP; and USA.
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.
Linked hereto is the Comptroller's Quarterly New York City Economic Update, which includes a variety of data sets (nearly all of which are created separately by other other federal, state or city agencies and private entities) that provide information about the economy of New York City.
In 2021, New York contributed 143.83 billion U.S. dollars to the national Gross Domestic Product (GDP) of the United States through its arts and cultural production. This figure has more than doubled since 2001 when the contributions amounted to 58.53 billion U.S. dollars.
The Regional Economic Development Councils (REDCs) support the State’s innovative approach that empowers regional stakeholders to establish pathways to prosperity, mapped out in regional strategic plans. Through the REDCs, community, business, academic leaders, and members of the public in each region of the state put to work their unique knowledge and understanding of local priorities and assets to help direct state investment in support of job creation and economic growth. The REDC dataset contains population and acreage information for each region. The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, accelerate economic growth, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.
The Database of Economic Incentives (DOEI) is a public, searchable database for various economic development projects that Empire State Development (ESD) administers.
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Graph and download economic data for Total Real Gross Domestic Product for Rochester, NY (MSA) (RGMP40380) from 2001 to 2023 about Rochester, NY, real, industry, GDP, and USA.
This dataset contains the forecasts of selected economic indicators for the United States and New York City. Data is reported by indicator in the specified units. This dataset is updated two times per year after publication of the Preliminary and Executive Budget, usually in January and April respectively.
The economic impact of tourism in New York state saw significant growth in 2023, reaching *** billion U.S. dollars. When looking at a breakdown of tourism’s economic impact in New York, direct sales accounted for the highest share of economic impact, followed by induced sales. Is New York the most visited state in the U.S.? In 2023, the most visited state in the U.S., by international tourists, was New York. This was followed closely by Florida, and in third place, California. In 2023, visitation to New York City saw significant growth, reaching **** million visitors. What do visitors spend the most on in New York? In 2023, the tourism segment with the highest visitor spending in New York was lodging. Visitors to New York also spent a significant amount on food and beverages, followed by retail and services. Comparatively, the industry which held the lowest share of visitor spending was recreation.
In 2023, the real gross domestic product (GDP) of New York increase by *** percent when compared to the previous year. 2021 saw was the largest increase in the state's real GDP since 2000, when the GDP increased by *** percent as the state rebounded from the COVID-19 pandemic.