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.

Graph and download economic data for Per Capita Personal Income in New York (NYPCPI) from 1929 to 2024 about personal income, NY, per capita, personal, income, and USA.

This statistic shows the per capita real Gross Domestic Product of New York from 2000 to 2023. In 2023, the per capita real GDP of New York stood at 90,731 chained 2017 U.S. dollars.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in New York (NYMANNGSP) from 1997 to 2024 about GSP, private industries, NY, private, manufacturing, industry, GDP, and USA.

Graph and download economic data for Per Capita Personal Income in New York County, NY (PCPI36061) from 1969 to 2023 about New York County, NY; New York; personal income; NY; per capita; personal; income; and USA.

In 2023, the per capita personal income in New York was 82,323 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.

Graph and download economic data for Gross Domestic Product: Manufacturing (31-33) in New York (NYMANNQGSP) from Q1 2005 to Q1 2025 about GSP, private industries, NY, private, manufacturing, industry, GDP, and USA.

In 2023, the real gross domestic product (GDP) of New York was about 1.78 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 1.76 trillion U.S. dollars.

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.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in New York (NYRGSP) from 1997 to 2024 about GSP, NY, real, industry, GDP, and USA.

Gross Domestic Product: All Industry Total in New York was 2346932.00000 Mil. of $ in October of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in New York reached a record high of 2346932.00000 in October of 2024 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 June of 2025.

In 2023, the real gross domestic product (GDP) of New York increase by 1.5 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 4.8 percent as the state rebounded from the COVID-19 pandemic.

Graph and download economic data for Gross Domestic Product: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in New York (NYFININSREALNGSP) from 1997 to 2024 about leases, finance, insurance, rent, real estate, GSP, private industries, NY, private, industry, GDP, and USA.

In 2023, the per capita disposable personal income in New York stood at 68,435 U.S. dollars. This was a significant increase from the previous year, when the per capita disposable personal income in the state was 62,031 U.S. dollars.

United States GDP by State per Capita: 2005p: New York data was reported at 53,067.000 USD in 2012. This records an increase from the previous number of 52,657.000 USD for 2011. United States GDP by State per Capita: 2005p: New York data is updated yearly, averaging 49,059.000 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 53,067.000 USD in 2012 and a record low of 41,160.000 USD in 1997. United States GDP by State per Capita: 2005p: 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.A174: NIPA 2009: Gross Domestic Product by State: Per Capita.

In 2022, the per capita personal income in the New York metropolitan area came to 84,084 U.S. dollars per year. 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.

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.

Graph and download economic data for Real Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in New York (NYAGRRQGSP) from Q1 2005 to Q4 2024 about hunting, forestry, fishing, agriculture, GSP, private industries, NY, private, real, industry, GDP, and USA.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, 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 35.07 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.

Graph and download economic data for Real Gross Domestic Product: Professional and Business Services (54, 55, 56) in New York (NYPROBUSRGSP) from 1997 to 2024 about professional, GSP, private industries, NY, business, services, private, real, industry, GDP, and USA.