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.

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.

United States GDPS: 2009p: Per Capita: Texas data was reported at 53,737.000 USD in 2017. This records an increase from the previous number of 53,104.000 USD for 2016. United States GDPS: 2009p: Per Capita: Texas data is updated yearly, averaging 47,422.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 54,200.000 USD in 2015 and a record low of 41,366.000 USD in 1997. United States GDPS: 2009p: Per Capita: Texas 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.A175: NIPA 2013: GDP by State: Southwest Region: Chain Linked 2009 Price.

United States GDPS: 2009p: Per Capita: Arizona data was reported at 39,583.000 USD in 2017. This records an increase from the previous number of 38,940.000 USD for 2016. United States GDPS: 2009p: Per Capita: Arizona data is updated yearly, averaging 38,940.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 44,168.000 USD in 2007 and a record low of 34,434.000 USD in 1997. United States GDPS: 2009p: Per Capita: Arizona 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.A175: NIPA 2013: GDP by State: Southwest Region: Chain Linked 2009 Price.

United States GDPS: 2009p: Per Capita: Florida data was reported at 39,842.000 USD in 2017. This records an increase from the previous number of 39,608.000 USD for 2016. United States GDPS: 2009p: Per Capita: Florida data is updated yearly, averaging 39,334.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 43,926.000 USD in 2006 and a record low of 35,372.000 USD in 1997. United States GDPS: 2009p: Per Capita: Florida 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.A173: NIPA 2013: GDP by State: Southeast Region: Chain Linked 2009 Price.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The United States is the 2 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - United States Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical chart and dataset showing U.S. GDP by year from 1960 to 2023.

GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp data was reported at 26.000 USD mn in 2016. This records an increase from the previous number of 22.000 USD mn for 2015. GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp data is updated yearly, averaging 13.000 USD mn from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 26.000 USD mn in 2016 and a record low of 5.000 USD mn in 1998. GDPS: 2009p: AK: PI: Mfg: DG: Other Transportation Eqp 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 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.

United States GDPS: 2009p: Per Capita: Alaska data was reported at 63,610.000 USD in 2017. This records an increase from the previous number of 63,304.000 USD for 2016. United States GDPS: 2009p: Per Capita: Alaska data is updated yearly, averaging 63,610.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 73,505.000 USD in 2012 and a record low of 57,184.000 USD in 2000. United States GDPS: 2009p: Per Capita: Alaska 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.A161: NIPA 2013: GDP by State: Far West Region: Chain Linked 2009 Price.

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.

In 2023, the state of California added about 3.2 trillion chained (2017) U.S. dollars of value to the U.S. real gross domestic product (GDP). Total real GDP amounted to about 22.7 trillion chained (2017) U.S. dollars.

United States GDPS: 2012p: Per Capita: New Mexico data was reported at 43,566.000 USD in 2017. This records an increase from the previous number of 43,563.000 USD for 2016. United States GDPS: 2012p: Per Capita: New Mexico data is updated yearly, averaging 42,141.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 43,774.000 USD in 2006 and a record low of 37,406.000 USD in 1998. United States GDPS: 2012p: Per Capita: New Mexico 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.A125: NIPA 2018: GDP by State: Southwest Region: Chain Linked 2012 Price: saar.

The European Union is comprised of 27 member states who share the European Single Market, a common trade area which ensures the free movement of goods, services, capital, and people. As of 2024, the largest economies in the EU were Germany, France, Italy, Spain, and the Netherlands, with these countries making up the vast majority of the EU's almost 17 trillion Euro GDP. The relatively small island member states of Cyprus and Malta come in at the bottom of the list, with GDPs of around 23 and 33 billion Euros respectively.

GDPS: 2009p: AK: PI: EHS: HCSA: Hospitals, Nursing & Residential Car data was reported at 1.116 USD bn in 2016. This records an increase from the previous number of 1.110 USD bn for 2015. GDPS: 2009p: AK: PI: EHS: HCSA: Hospitals, Nursing & Residential Car data is updated yearly, averaging 786.500 USD mn from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 1.116 USD bn in 2016 and a record low of 475.000 USD mn in 1997. GDPS: 2009p: AK: PI: EHS: HCSA: Hospitals, Nursing & Residential Car 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.

United States GDPS: 2012p: Per Capita: Michigan data was reported at 46,055.000 USD in 2017. This records an increase from the previous number of 45,173.000 USD for 2016. United States GDPS: 2012p: Per Capita: Michigan data is updated yearly, averaging 43,421.000 USD from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 46,055.000 USD in 2017 and a record low of 38,387.000 USD in 2009. United States GDPS: 2012p: Per Capita: Michigan 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.A113: NIPA 2018: GDP by State: Great Lakes Region: Chain Linked 2012 Price: saar.

The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.

United States GDPS: 2000p: Arizona: Government data was reported at 22.905 USD bn in 2008. This records an increase from the previous number of 22.418 USD bn for 2007. United States GDPS: 2000p: Arizona: Government data is updated yearly, averaging 19.998 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 22.905 USD bn in 2008 and a record low of 17.828 USD bn in 1997. United States GDPS: 2000p: Arizona: 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.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.