The chart above shows the per capita annualized nominal gross domestic product (GDP) in each US state as of the second quarter of 2020 in dollars, the change from the previous quarter, and the GDP one year prior. Every single state's economy contracted over the past quarter and the past year.
Findings
- The difference between the state with the largest per capita GDP, Washington, and the state with the smallest, Mississippi, is $50,590.64 (down from $53,497.83 last quarter and down from $52,605.31 last year). Washington had the largest per capita GDP last quarter while New York had the largest per capita GDP last year and Mississippi had the smallest per capita GDP last quarter and last year.
- Washington has 2.42 times the per capita GDP that Mississippi does. The ratio of largest per capita GDP to smallest per capita GDP was up from 2.36 last quarter and up from 2.36 last year.
- The median per capita GDP in the 50 US states is $57,227.97 (down from $63,336.46 last quarter and down from $62,664.88 last year) and the mean $58,540.03 (down from $64,860.75 the previous quarter and down from $64,333.38 last year).
- Fifty states saw their per capita GDP contract in current dollars from the previous quarter.
- Fifty states saw their per capita GDP contract in current dollars from last year.
Caveats
- GDP data is from the second quarter of 2019, the first quarter of 2020, and the second quarter of 2020.
- Census data is from 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.
Details
In absolute terms, Alaska had the worst performance over the previous quarter with a drop of $10,165.70. Arkansas had the best performance with a drop of $3,774.32. Year over year, Wyoming had the worst performance with a drop of $12,540.58 while Utah had the best performance with a drop of $2,608.80.
In relative terms, Wyoming had the worst performance over the previous quarter with a 14.08% drop in per capita GDP while South Dakota had the best performance with a 6.13% drop in per capita GDP. Year over year, Wyoming had the worst performance with a 17.54% drop in per capita GDP while Utah had the best performance with a 3.79% drop in per capita GDP.
The number of states with a per capita GDP of over $80,000 was seven last year, seven the previous quarter, and three this past quarter. Conversely, the number of states with a per capita GDP of less than $50,000 was five last year, five the previous quarter, and 15 this past quarter.
Utah (went from 15th highest per capita GDP to 10th highest) surpassed five states over the previous quarter. On the flip side, Alaska (from 10th to 16th) was bested by six states over the quarter. Year over year, Utah (18th to 10th) rose eight spots. Conversely, Wyoming (14th to 23rd) was bested by nine states over the previous year.
Data
| State | Second Quarter 2019 | First Quarter 2020 | Second Quarter 2020 |
|---|---|---|---|
| Alabama | 47,101.93 | 47,704.78 | 43,557.83 |
| Alaska | 76,425.7 | 74,432.68 | 64,266.98 |
| Arizona | 57,400.49 | 59,054.27 | 54,777.84 |
| Arkansas | 44,744.47 | 45,206.35 | 41,432.03 |
| California | 83,727.31 | 85,620.51 | 77,657.63 |
| Colorado | 77,589.8 | 79,543.77 | 72,577.94 |
| Connecticut | 80,201.07 | 80,682.79 | 73,503.41 |
| Delaware | 85,668.55 | 84,954.13 | 79,750.29 |
| Florida | 58,436.31 | 59,643.02 | 54,606.64 |
| Georgia | 64,289.5 | 65,170.13 | 59,945.55 |
| Hawaii | 69,919.01 | 70,105.29 | 61,331.28 |
| Idaho | 52,871.43 | 54,756.37 | 49,365.26 |
| Illinois | 68,620.57 | 68,932.46 | 62,926.25 |
| Indiana | 58,275.01 | 58,900.92 | 53,060.41 |
| Iowa | 61,882.33 | 62,686.46 | 57,114.78 |
| Kansas | 61,673.47 | 62,358.9 | 56,592.23 |
| Kentucky | 49,381.49 | 49,910.57 | 44,678.82 |
| Louisiana | 56,405.74 | 55,361.92 | 49,439.89 |
| Maine | 50,478.3 | 51,431.2 | 46,294.87 |
| Maryland | 73,545.77 | 74,784.43 | 69,040.57 |
| Massachusetts | 90,767.19 | 91,749.24 | 83,472.4 |
| Michigan | 54,001.04 | 54,145.33 | 48,109.19 |
| Minnesota | 71,950.13 | 72,493.54 | 65,618.16 |
| Mississippi | 38,814.65 | 39,463.26 | 35,615.24 |
| Missouri | 54,472.15 | 55,149.53 | 49,947.28 |
| Montana | 53,003.34 | 53,854.75 | 48,231.94 |
| Nebraska | 70,551.17 | 72,669.62 | 65,536.67 |
| Nevada | 65,484.34 | 66,665.65 | 57,921.99 |
| New Hampshire | 66,346.37 | 66,941.52 | 59,774.4 |
| New Jersey | 71,832.72 | 72,983.76 | 65,289.4 |
| New Mexico | 50,836.86 | 50,729.73 | 45,341.91 |
| New York | 91,419.96 | 91,765.44 | 81,941.94 |
| North Carolina | 61,714.48 | 62,989.04 | 57,341.16 |
| North Dakota | 85,277.38 | 83,880.84 | 74,162.16 |
| Ohio | 59,973.51 | 60,354 | 54,286.41 |
| Oklahoma | 53,920.31 | 52,142.92 | 46,132.85 |
| Oregon | 65,640 | 67,262.5 | 61,027.06 |
| Pennsylvania | 63,447.42 | 63,683.88 | 56,983.85 |
| Rhode Island | 58,717.97 | 58,859.72 | 53,474.22 |
| South Carolina | 52,989.26 | 53,577.82 | 48,577.63 |
| South Dakota | 66,935.2 | 68,868.92 | 62,579.9 |
| Tennessee | 59,152.42 | 59,793.18 | 52,503.75 |
| Texas | 72,998.03 | 72,314.73 | 64,750.39 |
| Utah | 68,781.81 | 70,767.92 | 66,173.01 |
| Vermont | 54,025.23 | 54,362.11 | 48,222.51 |
| Virginia | 69,024.89 | 70,330.75 | 64,980.63 |
| Washington | 90,440.55 | 92,961.09 | 86,205.88 |
| West Virginia | 42,733.6 | 41,212.38 | 36,697.8 |
| Wisconsin | 61,275.22 | 61,196.04 | 55,218.44 |
| Wyoming | 71,503.62 | 68,627.42 | 58,963.04 |
Sources
US Bureau of Economic Analysis. 2020. "GDP by State." Accessed October 14, 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.