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

Graph and download economic data for Real Gross Domestic Product: All Industry Total in New York (NYRQGSP) from Q1 2005 to Q4 2024 about GSP, NY, real, 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.

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.

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 GDP of the New York metro area amounted to 1.9 trillion chained 2017 U.S. dollars. This is an increase from 2021, when the GDP of the New York metro area was 1.82 trillion dollars. New York CityThe New York metro area’s GDP has steadily risen in the last two decades from 1.2 trillion U.S. dollars in 2001 to 1.91 trillion U.S. dollars in 2023. In September 2023, the New York- Newark-Jersey City area had an unemployment rate of 4.4 percent. It also had the highest population in the country in 2022 at 19.62 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 61,665 business establishments n the region that focused on professional, scientific, and technical services.

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 Real Gross Domestic Product: Construction (23) in New York (NYCONSTRQGSP) from Q1 2005 to Q4 2024 about GSP, private industries, NY, construction, private, real, industry, GDP, 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: Finance and Insurance (52) in New York (NYFININSNGSP) from 1997 to 2024 about leases, finance, insurance, rent, real estate, GSP, private industries, NY, private, industry, GDP, and USA.

Gross Domestic Product: Private Industries in New York was 2126753.50000 Mil. of $ in October of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: Private Industries in New York reached a record high of 2126753.50000 in October of 2024 and a record low of 867833.90000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Private Industries in New York - last updated from the United States Federal Reserve on May of 2025.

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.

Total Quantity Indexes for Real GDP for Rochester, NY (MSA) was 99.76000 Index 2009=100 in January of 2020, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Rochester, NY (MSA) reached a record high of 103.69400 in January of 2019 and a record low of 95.27300 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Rochester, NY (MSA) - last updated from the United States Federal Reserve on May of 2025.

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

Graph and download economic data for Real Gross Domestic Product: Private Industries in New York (NYPIRQGSP) from Q1 2005 to Q4 2024 about GSP, private industries, NY, private, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Professional, Scientific, and Technical Services (54) in New York (NYPROBUSNQGSP) from Q1 2005 to Q4 2024 about science, professional, GSP, private industries, NY, business, services, private, industry, GDP, and USA.

Graph and download economic data for Real Gross Domestic Product: Information (51) in New York (NYINFORGSP) from 1997 to 2024 about information, GSP, private industries, NY, private, real, industry, GDP, and USA.

Graph and download economic data for Gross Domestic Product: Private Goods-Producing Industries in New York (NYPRIGOODPRONGSP) from 1997 to 2024 about GSP, private industries, NY, production, goods, private, industry, GDP, and USA.