100+ datasets found
  1. U.S. real per capita GDP 2023, by state

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. real per capita GDP 2023, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    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.

  2. T

    United States GDP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 1, 2025
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    TRADING ECONOMICS (2025). United States GDP [Dataset]. https://tradingeconomics.com/united-states/gdp
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  3. U.S. gross domestic product 2023, by state

    • statista.com
    • ai-chatbox.pro
    Updated Jul 5, 2024
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    Statista (2024). U.S. gross domestic product 2023, by state [Dataset]. https://www.statista.com/statistics/248023/us-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    United States
    Description

    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.

  4. T

    United States GDP Growth Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 31, 2025
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    TRADING ECONOMICS (2025). United States GDP Growth Rate [Dataset]. https://tradingeconomics.com/united-states/gdp-growth
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    json, excel, csv, xmlAvailable download formats
    Dataset updated
    Jul 31, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 30, 1947 - Jun 30, 2025
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States expanded 3 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  5. a

    Where is the US GDP Coming From?

    • hub.arcgis.com
    Updated Aug 24, 2017
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    ArcGIS Living Atlas Team (2017). Where is the US GDP Coming From? [Dataset]. https://hub.arcgis.com/maps/b2675a2de25048968059245d547e980d
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    Dataset updated
    Aug 24, 2017
    Dataset authored and provided by
    ArcGIS Living Atlas Team
    Area covered
    Description

    This web map shows annual Gross Domestic Product (GDP) by state and metro area in the USA for 2015. Clicking on the map reveals information about how the GDP has changed over time since 2001.The overlay of metro areas over states helps to put emphasis on where the country's GDP is coming from. The darkest green states produce the largest amount of GDP, and the largest circles show which major metropolitan areas contribute the most GDP within each state. Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

  6. T

    United States GDP per capita

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States GDP per capita [Dataset]. https://tradingeconomics.com/united-states/gdp-per-capita
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    json, excel, xml, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    United States
    Description

    The Gross Domestic Product per capita in the United States was last recorded at 66682.61 US dollars in 2024. The GDP per Capita in the United States is equivalent to 528 percent of the world's average. This dataset provides - United States GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. a

    Years of Most Predominant GDP Growth

    • hub.arcgis.com
    Updated Aug 24, 2017
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    ArcGIS Living Atlas Team (2017). Years of Most Predominant GDP Growth [Dataset]. https://hub.arcgis.com/maps/aa1f66346ab24b37a2b544f8a94529d2
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    Dataset updated
    Aug 24, 2017
    Dataset authored and provided by
    ArcGIS Living Atlas Team
    Area covered
    Description

    This map represents the year(s) which had the most growth in GDP per state in the USA. This is shown by representing the predominant rate of growth between any two years from 1997 to 2016. The map is anchored around the 2008 recession, so that years of predominant growth BEFORE 2008 are in shades of green, and years of predominant growth AFTER 2008 are in shades of blue. The darkest greens had peaks in growth farther in the past, and the darkest shade of blue had the most recent peak in growth.Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

  8. US GDP Marine Transport

    • koordinates.com
    csv, dwg, geodatabase +6
    Updated Aug 30, 2018
    + more versions
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    US National Oceanic and Atmospheric Administration (NOAA) (2011). US GDP Marine Transport [Dataset]. https://koordinates.com/layer/20929-us-gdp-marine-transport/
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    geopackage / sqlite, mapinfo tab, geodatabase, pdf, mapinfo mif, dwg, shapefile, csv, kmlAvailable download formats
    Dataset updated
    Aug 30, 2018
    Dataset provided by
    National Oceanic and Atmospheric Administrationhttp://www.noaa.gov/
    Authors
    US National Oceanic and Atmospheric Administration (NOAA)
    Area covered
    Description

    This layer is a component of ENOW_Counties.

    This map service presents spatial information about the Economics: National Ocean Watch (ENOW) data in the Web Mercator projection. The ENOW data provides time-series data on the ocean and Great Lakes economy, which includes six economic sectors dependent on the oceans and Great Lakes, and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP). The annual time-series data are available for about 400 coastal counties, 30 coastal states, 8 regions, and the nation. The service was developed by the National Oceanic and Atmospheric Administration (NOAA), but may contain data and information from a variety of data sources, including non-NOAA data. NOAA provides the information “as-is” and shall incur no responsibility or liability as to the completeness or accuracy of this information. NOAA assumes no responsibility arising from the use of this information. The NOAA Office for Coastal Management will make every effort to provide continual access to this service but it may need to be taken down during routine IT maintenance or in case of an emergency. If you plan to ingest this service into your own application and would like to be informed about planned and unplanned service outages or changes to existing services, please register for our Data Services Newsletter (http://coast.noaa.gov/digitalcoast/publications/subscribe). For additional information, please contact the NOAA Office for Coastal Management (coastal.info@noaa.gov).

    © NOAA Office for Coastal Management

  9. F

    Gross Domestic Product

    • fred.stlouisfed.org
    • trends.sourcemedium.com
    json
    Updated May 29, 2025
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    (2025). Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/GDP
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    jsonAvailable download formats
    Dataset updated
    May 29, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

  10. T

    United States GDP Annual Growth Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/united-states/gdp-growth-annual
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 1948 - Mar 31, 2025
    Area covered
    United States
    Description

    The Gross Domestic Product (GDP) in the United States expanded 2 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - United States GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  11. a

    GDP by State - Percent and Total (2016)

    • hub.arcgis.com
    • arc-gis-hub-home-arcgishub.hub.arcgis.com
    Updated Aug 24, 2017
    + more versions
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    ArcGIS Living Atlas Team (2017). GDP by State - Percent and Total (2016) [Dataset]. https://hub.arcgis.com/maps/f823b8f7ca9f4630a5d9b6efa95db692
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    Dataset updated
    Aug 24, 2017
    Dataset authored and provided by
    ArcGIS Living Atlas Team
    Area covered
    Description

    This map shows the Gross Domestic Product (GDP) by state in the USA from 2016. This is represented by total GDP in 2016 dollars and by the percent of total US GDP. The GDP amount represents the total of all industries tracked using the NAICS system. The popup shows the percent of US total GDP, and the chart within the popup shows with the annual trend of GDP amount since 1997. Data is from the US Bureau of Economic Analysis and was downloaded from here. The state boundaries are generalized 2010 state boundaries from the Census Bureau's 2010 MAF/TIGER database. Note-- NAICS Industry detail is based on the 2007 North American Industry Classification System (NAICS).

  12. Gross domestic product (GDP) per capita in the United States 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 21, 2025
    + more versions
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    Statista (2025). Gross domestic product (GDP) per capita in the United States 2030 [Dataset]. https://www.statista.com/statistics/263601/gross-domestic-product-gdp-per-capita-in-the-united-states/
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    Dataset updated
    May 21, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

  13. U.S. GDP growth 2023, by state

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. GDP growth 2023, by state [Dataset]. https://www.statista.com/statistics/248028/percent-change-in-us-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    The state of Florida experienced the most significant GDP growth in 2023, growing by 9.8 percent from 2022. Washington, South Carolina, and Nebraska also experienced high amounts of growth in the same period. Wyoming saw the smallest increase, at only two percent.

  14. F

    Real gross domestic product per capita

    • fred.stlouisfed.org
    json
    Updated Jun 26, 2025
    + more versions
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    (2025). Real gross domestic product per capita [Dataset]. https://fred.stlouisfed.org/series/A939RX0Q048SBEA
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    jsonAvailable download formats
    Dataset updated
    Jun 26, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q1 2025 about per capita, real, GDP, and USA.

  15. a

    Percent of Each State's Gross Domestic Product (GDP)

    • livingatlas-dcdev.opendata.arcgis.com
    Updated Apr 12, 2021
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    Urban Observatory by Esri (2021). Percent of Each State's Gross Domestic Product (GDP) [Dataset]. https://livingatlas-dcdev.opendata.arcgis.com/maps/UrbanObservatory::percent-of-each-states-gross-domestic-product-gdp
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    Dataset updated
    Apr 12, 2021
    Dataset authored and provided by
    Urban Observatory by Esri
    Area covered
    Description

    This map shows each county's contribution to its state's gross domestic product (GDP) in the United States. Darker purple indicates counties which are contributing far more than the "average" county contributes to its home state in the U.S. in 2019. Lighter purple indicates counties contributing at a lower level than other counties in the same state in 2019. All are important contributions.GDP is the value of goods and services produced within a county. This map uses layers containing 2019 Gross Domestic Product (GDP) estimates from the Bureau of Economic Analysis (BEA) for the nation, regions, states, and counties. Breakdowns by industry available, using North American Industry Classification System (NAICS) groups. Table CAGDP2, downloaded ‎February ‎2, ‎2021.https://www.bea.gov/data/gdp/gdp-county-metro-and-other-areas Null values are either due to the data being unavailable, or not shown to avoid disclosure of confidential information (in these cases, estimates are included in higher-level totals).The percentages of the next highest geography level's GDP are also available, i.e. regions have percentages for nation's GDP, states have percentages of their region's GDP, and counties have percentages of their state's GDP. If the GPD estimate is unavailable, so is the percentage. If a percentage of state is listed as 0.0 but there is a value for GDP, then this value is <0.1, which rounds to zero. Percentages may not add up to 100 due to rounding and null values.Combined Counties:Kalawao County, Hawaii is combined with Maui County. Separate estimates for the jurisdictions making up the combination areas are not available.Virginia combination areas consist of one or two independent cities with populations of less than 100,000, combined with an adjacent county. The county name appears first, followed by the city name(s). Separate estimates for the jurisdictions making up the combination areas are not available.Boundaries used to create regions and combination areas:Boundaries for this layer were created using the Merge and Dissolve geoprocessing tools in ArcGIS Pro using regional and county combination areas for Hawaii and Virginia as definitions from BEA.Starting boundaries came from the 2019 US Census TIGER geodatabases. These are Census boundaries with water and/or coastlines clipped for cartographic purposes. For state and county boundaries, the water and coastlines are derived from the coastlines of the 500k TIGER Cartographic Boundary Shapefiles.

  16. United States GDP: PCE: DG: Others: Books & Maps

    • ceicdata.com
    + more versions
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    CEICdata.com, United States GDP: PCE: DG: Others: Books & Maps [Dataset]. https://www.ceicdata.com/en/united-states/nipa-1999-personal-consumption-expenditure/gdp-pce-dg-others-books--maps
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Nov 1, 2002 - Oct 1, 2003
    Area covered
    United States
    Variables measured
    Gross Domestic Product
    Description

    United States GDP: PCE: DG: Others: Books & Maps data was reported at 38.362 USD bn in Oct 2003. This records an increase from the previous number of 38.219 USD bn for Sep 2003. United States GDP: PCE: DG: Others: Books & Maps data is updated monthly, averaging 7.195 USD bn from Jan 1959 (Median) to Oct 2003, with 538 observations. The data reached an all-time high of 40.328 USD bn in Jan 2002 and a record low of 1.055 USD bn in Feb 1959. United States GDP: PCE: DG: Others: Books & Maps 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.A203: NIPA 1999: Personal Consumption Expenditure.

  17. U.S. annual GDP 1990-2024

    • statista.com
    • ai-chatbox.pro
    Updated May 5, 2025
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    Statista (2025). U.S. annual GDP 1990-2024 [Dataset]. https://www.statista.com/statistics/188105/annual-gdp-of-the-united-states-since-1990/
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    Dataset updated
    May 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

  18. T

    United States - GDP Per Capita Growth (annual %)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 24, 2013
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    TRADING ECONOMICS (2013). United States - GDP Per Capita Growth (annual %) [Dataset]. https://tradingeconomics.com/united-states/gdp-per-capita-growth-annual-percent-wb-data.html
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jul 24, 2013
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    GDP per capita growth (annual %) in United States was reported at 1.7974 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

  19. U.S. real GDP growth rate 1990-2023

    • statista.com
    • ai-chatbox.pro
    Updated Jul 5, 2024
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    Statista (2024). U.S. real GDP growth rate 1990-2023 [Dataset]. https://www.statista.com/statistics/188165/annual-gdp-growth-of-the-united-states-since-1990/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023 the real gross domestic product (GDP) of the United States increased by 2.5 percent compared to 2022. This rate of annual growth indicates a return to economy normalcy after 2020 saw a dramatic decline in the GDP growth rate due to the the coronavirus (COVID-19) pandemic, and high growth in 2021.

    What does GDP growth mean?

    Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.

    Countries with highest GDP growth rate

    Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.

  20. T

    United States Gross Federal Debt to GDP

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 24, 2012
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    TRADING ECONOMICS, United States Gross Federal Debt to GDP [Dataset]. https://tradingeconomics.com/united-states/government-debt-to-gdp
    Explore at:
    excel, json, xml, csvAvailable download formats
    Dataset updated
    May 24, 2012
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1940 - Dec 31, 2024
    Area covered
    United States
    Description

    The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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Statista (2024). U.S. real per capita GDP 2023, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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U.S. real per capita GDP 2023, by state

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17 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jul 5, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2023
Area covered
United States
Description

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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