List of U.S. states by GDP

Map of U.S. states by GDP in billion U.S. dollars (2015 figures).

Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year, which is calculated as the total market value of the goods and services produced by the country.^[1] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.^[2] Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population.^[3]

This is a list of U.S. states sorted by their gross state product (GSP). GSP is the state counterpart to a country's gross domestic product (GDP), the most comprehensive measure of national economic activity. The United States Bureau of Economic Analysis (BEA) derives GSP for a state as the sum of the GSP originating in all the industries in the state.

The BEA defines an industry's GSP, or its value added, as equal to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The GSP data by industry and state is consistent with gross domestic product (GDP) in the national income and product accounts, and with the GDP by industry accounts.

The list presents data for 2015 from the BEA. Historical data from 2002 to 2006 is also listed below. The figures are in millions of nominal dollars, unadjusted purchasing power disparities between the states.

List

List of U.S. states and territories by GSP in 2015^[4]

Rank	State	2015 (USD millions)	2014 (USD millions)
1	California	2,448,467	2,305,921
2	Texas	1,639,375	1,641,044
3	New York	1,455,568	1,395,488
4	Florida	893,189	838,939
5	Illinois	771,896	736,285
6	Pennsylvania	684,313	658,290
7	Ohio	599,093	576,056
8	New Jersey	579,379	551,828
9	North Carolina	509,718	481,876
10	Georgia	501,241	474,696
11	Virginia	480,876	462,861
12	Massachusetts	478,941	455,732
13	Michigan	468,029
14	Washington	449,404
15	Maryland	365,209
16	Minnesota	334,780
17	Indiana	331,126
18	Colorado	318,600
19	Tennessee	310,276
20	Wisconsin	300,699
21	Arizona	298,204
22	Missouri	290,713
23	Connecticut	262,212
24	Louisiana	253,517
25	Oregon	228,120
26	Alabama	209,382
27	South Carolina	199,256
28	Kentucky	194,578
29	Oklahoma	179,835
30	Iowa	171,532
31	Kansas	149,090
32	Utah	148,225
33	Nevada	141,204
34	Arkansas	123,424
	District of Columbia	122,936
35	Nebraska	112,208
36	Mississippi	106,880
37	New Mexico	90,810
38	Hawaii	79,595
39	New Hampshire	71,632
40	West Virginia	71,123
41	Delaware	66,150
42	Idaho	65,202
43	Rhode Island	56,323
44	Maine	55,137
45	Alaska	54,256
46	North Dakota	53,686
47	Montana	45,799
48	South Dakota	45,415
49	Wyoming	40,170
50	Vermont	29,750

2006 Data

State	2006 Rank	2006 GSP ($Millions)	2005 Rank	2005 GSP ($Millions)	2004 Rank	2004 GSP ($Millions)	2003 Rank	2003 GSP ($Millions)	2002 Rank	2002 GSP ($Millions)
United States		14,993,258		14,369,100		14,061,800		13,398,900		12,638,400
California	1	1,891,363	1	1,846,757	1	1,801,762	1	1,727,599	1	1,628,599
Texas	2	1,244,695	2	1,223,511	2	1,148,531	2	1,070,305	2	982,058
New York	3	1,093,219	3	1,144,481	3	1,105,020	3	1,034,087	3	956,378
Florida	4	737,038	4	744,120	4	741,861	4	721,380	4	670,030
Illinois	5	630,398	5	633,697	5	617,409	5	588,863	5	552,956
Pennsylvania	6	554,774	6	553,301	6	533,212	6	509,006	6	481,957
Ohio	9	471,264	8	471,508	7	462,506	7	449,000	7	438,848
New Jersey	8	482,967	7	474,936	8	461,295	8	445,738	8	425,455
Georgia	10	469,809	10	397,756	9	391,241	10	375,641	10	359,521
North Carolina	7	496,092	9	400,192	10	390,467	9	378,593	12	348,397
Virginia	11	408,443	11	397,025	11	384,132	12	368,014	11	350,897
Michigan	12	368,401	12	382,544	12	379,934	11	375,143	9	372,009
Massachusetts	13	365,182	13	364,988	13	352,178	13	334,477	13	317,417
Washington	14	338,334	14	322,778	14	310,279	14	289,070	14	272,734
Maryland	16	286,797	15	273,333	15	264,426	15	252,997	15	241,461
Minnesota	15	323,912	16	262,847	16	252,472	16	240,891	17	232,802
Indiana	17	262,647	17	254,861	17	249,229	17	239,863	16	232,861
Arizona	18	256,364	19	248,888	18	245,952	18	236,421	19	215,207
Tennessee	20	244,508	18	252,127	19	245,162	19	236,103	18	223,784
Colorado	19	252,657	20	248,603	20	235,848	20	225,053	22	212,582
Wisconsin	21	244,370	21	240,429	21	233,406	21	224,918	20	214,821
Missouri	22	239,752	22	237,797	22	229,027	22	219,660	21	213,170
Connecticut	23	227,405	24	216,174	23	212,252	23	201,635	23	190,499
Louisiana	24	208,377	23	222,218	24	207,407	24	197,569	24	183,022
Alabama	25	169,856	25	170,014	25	164,524	25	158,858	25	150,582
Oregon	26	165,648	26	161,573	26	158,268	26	151,205	28	138,002
Kentucky	28	156,553	27	156,436	27	152,099	28	146,352	27	138,592
South Carolina	27	159,647	28	156,384	28	151,703	27	146,480	26	138,614
Oklahoma	29	153,778	29	146,448	29	136,374	29	129,596	29	120,621
Iowa	30	142,282	30	135,702	30	129,911	31	121,082	30	115,770
Nevada	31	126,503	31	131,233	31	129,314	30	121,712	31	112,416
Kansas	32	124,921	32	122,731	32	116,986	32	109,902	32	102,888
Utah	33	112,941	33	109,777	33	105,574	33	98,289	33	89,125
Arkansas	34	101,818	34	98,331	34	95,116	34	90,660	34	86,546
District of Columbia		99,129		97,235		92,516		88,051		83,417
Mississippi	35	95,905	35	91,782	35	87,652	35	83,778	35	79,521
Nebraska	36	86,439	36	83,273	36	80,360	36	74,951	36	70,959
New Mexico	37	74,801	37	79,901	37	75,192	37	71,782	37	68,003
Hawaii	38	66,431	38	63,847	38	62,019	39	59,131	39	54,863
Delaware	40	60,588	39	61,828	39	61,545	38	59,244	38	57,641
West Virginia	39	63,344	40	61,652	40	57,877	41	55,799	41	52,932
New Hampshire	41	59,400	41	60,005	41	57,820	40	56,056	40	53,526
Idaho	42	54,005	42	52,747	42	52,110	42	48,557	42	46,584
Maine	43	51,293	43	49,709	43	48,021	43	46,341	43	44,451
Rhode Island	44	47,837	45	47,364	44	46,699	44	45,491	44	43,148
Alaska	45	45,709	44	47,912	45	44,887	45	43,264	45	39,362
South Dakota	46	38,308	46	36,959	46	35,211	47	31,171	46	30,712
Montana	48	35,954	47	35,891	47	34,266	46	31,794	47	29,789
Wyoming	47	37,544	48	35,310	48	31,544	48	30,138	48	26,438
North Dakota	49	31,872	49	31,208	49	28,518	49	25,394	49	24,283
Vermont	50	25,438	50	25,442	50	24,627	50	23,672	50	22,755

See also

• Comparison between U.S. states and countries by GDP (nominal)
• Comparison between U.S. states and countries by GDP (PPP)
• List of country subdivisions by GDP over USD 100 billions
• List of U.S. states by economic growth rate
• List of U.S. state economies
• List of cities by GDP
• List of U.S. metropolitan areas by GDP
• STATS America state-level rankings

Sources

General

• US Government Revenue - Primary figures of latest US states GSP
• BEA - Gross Domestic Product by State
• Stats America USA States in Profile 2013

Specific

1. "What is GDP and why is it so important?". Investopedia. IAC/InterActiveCorp. 26 February 2009. Retrieved 23 May 2016.
2. Moffatt, Mike. "A Beginner's Guide to Purchasing Power Parity Theory". About.com. IAC/InterActiveCorp. Retrieved 31 May 2014.
3. Ito, Takatoshi; Isard, Peter; Symansky, Steven (January 1999). "Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia" (PDF). Changes in Exchange Rates in Rapidly Development Countries: Theory, Practice, and Policy Issues. National Bureau of Economic Research. Retrieved 23 May 2016.
4. "Gross domestic product (GDP) by state (millions of current dollars)". U.S. Department of Commerce. Bureau of Economic Analysis. Retrieved 14 December 2015.

External links