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.

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.

United States GDPS: 2009p: Per Capita: New York data was reported at 65,220.000 USD in 2017. This records an increase from the previous number of 64,522.000 USD for 2016. United States GDPS: 2009p: Per Capita: New York data is updated yearly, averaging 59,481.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 65,220.000 USD in 2017 and a record low of 49,045.000 USD in 1997. United States GDPS: 2009p: Per Capita: New York data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A165: NIPA 2013: GDP by State: Mideast Region: Chain Linked 2009 Price.

United States GDPS: 2012p: Per Capita: New York data was reported at 71,252.000 USD in 2017. This records an increase from the previous number of 69,955.000 USD for 2016. United States GDPS: 2012p: Per Capita: New York data is updated yearly, averaging 62,807.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 71,252.000 USD in 2017 and a record low of 52,364.000 USD in 1997. United States GDPS: 2012p: Per Capita: New York 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.A115: NIPA 2018: GDP by State: Mideast Region: Chain Linked 2012 Price: saar.

United States GDPS: 2012p: saar: New York data was reported at 1,438.465 USD bn in Jun 2018. This records an increase from the previous number of 1,427.514 USD bn for Mar 2018. United States GDPS: 2012p: saar: New York data is updated quarterly, averaging 1,282.452 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 1,438.465 USD bn in Jun 2018 and a record low of 1,152.497 USD bn in Mar 2005. United States GDPS: 2012p: saar: New York 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.A115: NIPA 2018: GDP by State: Mideast Region: Chain Linked 2012 Price: saar.

The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.

United States GDPS: 2009p: New York data was reported at 1,294.571 USD bn in 2017. This records an increase from the previous number of 1,279.883 USD bn for 2016. United States GDPS: 2009p: New York data is updated yearly, averaging 1,145.537 USD bn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 1,294.571 USD bn in 2017 and a record low of 915.016 USD bn in 1997. United States GDPS: 2009p: New York 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.A104: NIPA 2013: Gross Domestic Product by State: 2009 Price: Chain Linked.

In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

United States GDPS: New York: PI: Manufacturing data was reported at 69.136 USD bn in 2008. This records an increase from the previous number of 67.722 USD bn for 2007. United States GDPS: New York: PI: Manufacturing data is updated yearly, averaging 59.861 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 69.136 USD bn in 2008 and a record low of 55.199 USD bn in 1997. United States GDPS: New York: PI: Manufacturing 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

In the fiscal year of 2021, total state and local government debt in the state of New York amounted to 20.07 percent of the annual Gross Domestic Product of the state. In Kentucky, this figure amounted to 22.78 percent of the state's annual GDP, the highest of any state.

The national debt of the United Stated can be found here.

United States GDPS: saar: New York data was reported at 1,675.685 USD bn in Jun 2018. This records an increase from the previous number of 1,649.350 USD bn for Mar 2018. United States GDPS: saar: New York data is updated quarterly, averaging 1,242.178 USD bn from Mar 2005 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 1,675.685 USD bn in Jun 2018 and a record low of 990.784 USD bn in Mar 2005. United States GDPS: saar: New York 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.A114: NIPA 2018: GDP by State: Mideast Region: Current Price: saar.

United States GDPS: New York: PI: Real Estate, Rental and Leasing data was reported at 176.021 USD bn in 2008. This records an increase from the previous number of 167.435 USD bn for 2007. United States GDPS: New York: PI: Real Estate, Rental and Leasing data is updated yearly, averaging 120.363 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 176.021 USD bn in 2008 and a record low of 92.511 USD bn in 1997. United States GDPS: New York: PI: Real Estate, Rental and Leasing 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

United States GDPS: 2000p: New York: Government data was reported at 84.013 USD bn in 2008. This records an increase from the previous number of 82.944 USD bn for 2007. United States GDPS: 2000p: New York: Government data is updated yearly, averaging 79.308 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 84.013 USD bn in 2008 and a record low of 75.463 USD bn in 1997. United States GDPS: 2000p: New York: Government 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.A193: NIPA 2003: Gross Domestic Product by State: 2000 Price: Chain Linked.

United States GDPS: New York: PI: Educational Services data was reported at 17.401 USD bn in 2008. This records an increase from the previous number of 16.369 USD bn for 2007. United States GDPS: New York: PI: Educational Services data is updated yearly, averaging 12.357 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 17.401 USD bn in 2008 and a record low of 8.116 USD bn in 1997. United States GDPS: New York: PI: Educational Services 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

United States GDPS: New York: Government data was reported at 117.487 USD bn in 2008. This records an increase from the previous number of 111.916 USD bn for 2007. United States GDPS: New York: Government data is updated yearly, averaging 87.797 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 117.487 USD bn in 2008 and a record low of 68.863 USD bn in 1997. United States GDPS: New York: Government 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

The statistic shows the gross national debt of the United States from 2019 to 2024 in relation to the gross domestic product (GDP), with projections up until 2030. In 2024, the national debt of the United States was at around 120.79 percent of the gross domestic product. See the US GDP for further information. US finances There has been a dramatic increase in the public debt of the United States since 1990, although the month-to-month change has been quite stable over the last few months. Public debt is defined as the amount of money borrowed by a country to cover budget deficits. A ranking of individual state debt in the United States shows that California is leading by a clear margin, with more than double the amount of runner-up New York. Vermont, North Dakota and South Dakota are the states with the lowest amount of debt. Even before the recession of 2008, the national debt of the United States had been increasing steadily and excessively, and it is predicted to rise even further. Budget cuts and fewer job opportunities as a result of the crisis are taking their toll on the American economy, which is still recovering. Trade figures as well as unemployment are still below average. Subsequently, the national debt and the national debt of the United States per capita have more or less quadrupled since the 1990s. Interestingly, the United States is not even among the top ten of countries with the highest public debt in relation to gross domestic product in international comparison. Japan, Greece and Italy – among others – report far higher figures than the United States.

United States GDPS: 2000p: New York: PI: Manufacturing data was reported at 65.566 USD bn in 2008. This records a decrease from the previous number of 67.320 USD bn for 2007. United States GDPS: 2000p: New York: PI: Manufacturing data is updated yearly, averaging 60.455 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 67.320 USD bn in 2007 and a record low of 53.133 USD bn in 1997. United States GDPS: 2000p: New York: PI: Manufacturing 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.A193: NIPA 2003: Gross Domestic Product by State: 2000 Price: Chain Linked.

United States GDPS: New York data was reported at 1,144.481 USD bn in 2008. This records an increase from the previous number of 1,105.020 USD bn for 2007. United States GDPS: New York data is updated yearly, averaging 835.910 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 1,144.481 USD bn in 2008 and a record low of 654.750 USD bn in 1997. United States GDPS: New York 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

As of 2024, Mumbai had a gross domestic product of *** billion U.S. dollars, the highest among other major cities in India. It was followed by Delhi with a GDP of around *** billion U.S. dollars. India’s megacities also boast the highest GDP among other cities in the country. What drives the GDP of India’s megacities? Mumbai is the financial capital of the country, and its GDP growth is primarily fueled by the financial services sector, port-based trade, and the Hindi film industry or Bollywood. Delhi in addition to being the political hub hosts a significant services sector. The satellite cities of Noida and Gurugram amplify the city's economic status. The southern cities of Bengaluru and Chennai have emerged as IT and manufacturing hubs respectively. Hyderabad is a significant player in the pharma and IT industries. Lastly, the western city of Ahmedabad, in addition to its strategic location and ports, is powered by the textile, chemicals, and machinery sectors. Does GDP equal to quality of life? Cities propelling economic growth and generating a major share of GDP is a global phenomenon, as in the case of Tokyo, Shanghai, New York, and others. However, the GDP, which measures the market value of all final goods and services produced in a region, does not always translate to a rise in quality of life. Five of India’s megacities featured in the Global Livability Index, with low ranks among global peers. The Index was based on indicators such as healthcare, political stability, environment and culture, infrastructure, and others.

United States GDPS: New York: PI: Arts, Entertainment and Recreation data was reported at 12.664 USD bn in 2008. This records an increase from the previous number of 11.982 USD bn for 2007. United States GDPS: New York: PI: Arts, Entertainment and Recreation data is updated yearly, averaging 9.303 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 12.664 USD bn in 2008 and a record low of 6.920 USD bn in 1997. United States GDPS: New York: PI: Arts, Entertainment and Recreation 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.A192: NIPA 2003: Gross Domestic Product by State: Current Price.