The chart above shows the per capita annualized nominal gross domestic product (GDP) in each US state as of the third quarter of 2019 in millions of dollars, the change from five years ago, and the per capita GDP ten years prior. Only three states have seen a drop in their per capita GDP either over the past five or ten years: North Dakota, Alaska, and Wyoming.
- The difference between the state with the largest per capita GDP, Massachusetts, and the state with the smallest, Mississippi, is $51,226.13 (down from $53,499.02 five years ago and up from $44,927.87 ten years ago). North Dakota had the largest per capita GDP five years ago, Alaska had the highest ten years ago and Mississippi had the smallest both five and ten years ago.
- Massachusetts has 2.27 times the per capita GDP that Mississippi does. The ratio of largest per capita GDP to smallest per capita GDP was down from 2.52 five years ago and down from 2.38 ten years ago.
- The median per capita GDP in the 50 US states is $63,230.45 (up from $52,497.86 five years ago and up from $46,916.13 ten years ago) and the mean $64,851.61 (up from $54,932.96 five years ago and up from $49,644.97 ten years ago).
- Forty-seven states saw their per capita GDP rise over the past five years while three saw their per capita GDP decline.
- Forty-nine states saw their per capita GDP rise over the past ten years while one saw its per capita GDP decline.
- GDP data is from the third quarters of 2019, 2014, and 2009.
- Census data is from 2000 and 2010.
- The data is seasonally adjusted in current dollars.
- Growth rates may differ from those provided by the Bureau of Economic Analysis as the BEA's growth rates are based on chained dollars in conjunction with the chain index or the quality index for real GDP.
- All figures are rounded to the nearest hundredth.
In absolute terms, North Dakota saw the largest decrease over the past five years with a decline of $3,861.78. Washington had the largest growth with a gain of $23,077.60. Over the past ten years, Wyoming had the largest decrease with a decline of $706.78 while North Dakota had the greatest increase with a gain of $34,877.22.
In relative terms, North Dakota had the largest decrease over the past five years with a 4.35% drop in per capita GDP while Washington had the greatest increase with a 34.59% rise in per capita GDP. Over the past ten years, Wyoming had the largest decrease with a 1.00% drop in per capita GDP while North Dakota had the largest growth with a 69.72% rise in per capita GDP.
There were no states with a per capita GDP of over $80,000 ten years ago, one state five years ago, and seven states now. On the flip side, there were 28 states with a per capita GDP of less than $50,000 ten years ago, 17 states five years ago, and five states now.
Nevada (from 33rd to 21st largest per capita GDP) and Oregon (from 34th to 22nd) each overcame 12 states in the five year period. Conversely, Oklahoma was surpassed by 16 states in the five year period going from having the 24th highest per capita GDP to the 40th. Over the past ten years, North Dakota surpassed 18 states going from the 22nd highest per capita GDP to the 4th, while Nevada was surpassed by 14 going from the 7th largest per capita GDP in the US to the 21st.
|State||Third Quarter 2009||Third Quarter 2014||Third Quarter 2019|
US Bureau of Economic Analysis. 2020. "GDP by State." Accessed March 9, 2020. https://www.bea.gov/data/gdp/gdp-state.
United States Census Bureau. September 2012. "United States Summary: 2010: Population and Housing Unit Counts." Accessed January 23, 2018. https://www.census.gov/prod/cen2010/cph-2-1.pdf.