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The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
2023 rank Metropolitan area 2023 2022 2021 2018 2017 2016 2015 2014 2013 2012 Population (2020) [4] 1: New York-Newark-Jersey City, NY-NJ-PA (Metropolitan Statistical Area)
Metropolitan area Country GDP (local currency) GDP (billion US$) Yeara 1: New York metropolitan area United States: US$2,608.149 billion 2,608.149 2023 [35] 2: Greater Los Angeles United States: US$1,618.212 billion 1,618.212 2023 [35] 3: San Francisco Bay Area United States: US$1,201.695 billion 1,201.695 2023 [35] 4: Chicago metropolitan area ...
The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [1] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."
The United States has a highly developed mixed economy. [40] [41] [42] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [43]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [10] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%. [11]
The United States federal government defines and delineates the nation's metropolitan areas for statistical purposes, using a set of standard statistical area definitions. As of 2023, the U.S. Office of Management and Budget (OMB) defined and delineated 393 metropolitan statistical areas (MSAs) and 542 micropolitan statistical areas (μSAs) in the United States and Puerto Rico. [1]