Graph and download economic data for Gross Domestic Product: All Industry Total in Texas (TXNGSP) from 1997 to 2024 about GSP, TX, industry, GDP, and USA.

In 2023, the real gross domestic product (GDP) of Texas was 2.03 trillion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 1.92 trillion U.S. dollars.

Texas GDP - Historical chart and current data through 2024.

In 2024, the real gross domestic product (GDP) of Texas was 2.17 trillion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 2.1 trillion U.S. dollars.

Graph and download economic data for Real Gross Domestic Product: Information (51) in Texas (TXINFORQGSP) from Q1 2005 to Q1 2025 about information, private industries, GSP, TX, private, real, industry, GDP, and USA.

United States - Real Gross Domestic Product Growth: All Industries in Hemphill County, TX was 101.78300 % Chg. from Preceding Period in January of 2024, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product Growth: All Industries in Hemphill County, TX reached a record high of 101.78300 in January of 2024 and a record low of 81.74500 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product Growth: All Industries in Hemphill County, TX - last updated from the United States Federal Reserve on August of 2025.

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.

Per Capita Personal Income in Texas was 67942.00000 $ in January of 2024, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Texas reached a record high of 67942.00000 in January of 2024 and a record low of 254.00000 in January of 1933. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Texas - last updated from the United States Federal Reserve on September of 2025.

Gross Domestic Product: All Industry Total in Texas was 2709392.90000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in Texas reached a record high of 2709392.90000 in January of 2024 and a record low of 610659.80000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: All Industry Total in Texas - last updated from the United States Federal Reserve on September of 2025.

Gross Domestic Product: State and Local in Texas was 191045.10000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: State and Local in Texas reached a record high of 191045.10000 in January of 2024 and a record low of 51876.10000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: State and Local in Texas - last updated from the United States Federal Reserve on August of 2025.

Graph and download economic data for Real Gross Domestic Product: Construction (23) in Texas (TXCONSTRGSP) from 1997 to 2024 about GSP, private industries, construction, TX, private, real, industry, GDP, and USA.

Gross Domestic Product: Federal Civilian in Texas was 40555.20000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: Federal Civilian in Texas reached a record high of 40555.20000 in January of 2024 and a record low of 12422.30000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Federal Civilian in Texas - last updated from the United States Federal Reserve on September of 2025.

Gross Domestic Product: Government and Government Enterprises in Texas was 261627.60000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, Gross Domestic Product: Government and Government Enterprises in Texas reached a record high of 261627.60000 in January of 2025 and a record low of 109061.70000 in April of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: Government and Government Enterprises in Texas - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Gross Domestic Product: Private Industries in Texas (TXPINGSP) from 1997 to 2024 about GSP, private industries, TX, private, industry, GDP, and USA.

Real Gross Domestic Product: State and Local in Texas was 154817.20000 Mil. of Chn. 2009 $ in January of 2024, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: State and Local in Texas reached a record high of 154817.20000 in January of 2024 and a record low of 100163.30000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: State and Local in Texas - last updated from the United States Federal Reserve on August of 2025.

United States GDPS: saar: TX: Pvt: PB: Prof, Scientific & Tech Svcs (ST) data was reported at 211.753 USD bn in Dec 2024. This records an increase from the previous number of 208.300 USD bn for Sep 2024. United States GDPS: saar: TX: Pvt: PB: Prof, Scientific & Tech Svcs (ST) data is updated quarterly, averaging 106.257 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 211.753 USD bn in Dec 2024 and a record low of 60.133 USD bn in Mar 2005. United States GDPS: saar: TX: Pvt: PB: Prof, Scientific & Tech Svcs (ST) 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.A084: NIPA 2023: GDP by State: Southwest Region: Current Price: saar.

Chain-Type Quantity Index for Real GDP: Federal Civilian in Texas was 112.42800 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Federal Civilian in Texas reached a record high of 112.42800 in January of 2024 and a record low of 75.87300 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Federal Civilian in Texas - last updated from the United States Federal Reserve on July of 2025.

United States GDPS: saar: TX: Pvt: EH: Health Care & Social Assistance (HS) data was reported at 161.091 USD bn in Dec 2024. This records an increase from the previous number of 158.909 USD bn for Sep 2024. United States GDPS: saar: TX: Pvt: EH: Health Care & Social Assistance (HS) data is updated quarterly, averaging 92.178 USD bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 161.091 USD bn in Dec 2024 and a record low of 52.536 USD bn in Mar 2005. United States GDPS: saar: TX: Pvt: EH: Health Care & Social Assistance (HS) 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.A084: NIPA 2023: GDP by State: Southwest Region: Current Price: saar.

Chain-Type Quantity Index for Real GDP: State and Local in Texas was 111.96600 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: State and Local in Texas reached a record high of 111.96600 in January of 2024 and a record low of 72.44000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: State and Local in Texas - last updated from the United States Federal Reserve on August of 2025.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.