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List of U.S. states and territories by economic growth rate

From Wikipedia, the free encyclopedia

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 Economic Analysis.[1] The most recent data for American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands is from 2018.

Within the 50 states and District of Columbia, Kansas had the largest GDP growth rate (Increase 9.7%) in the third quarter 2023, while Arkansas had the smallest growth rate (Increase 0.7%).[2] In the 2018—2019 period, the Northern Mariana Islands had the lowest GDP growth rate (Decrease 19.6%).[3] In 2017, American Samoa had a very low GDP growth rate (Decrease 5.8%), but its GDP has grown since then.[4] Also, the Northern Mariana Islands had the highest GDP growth rate in the United States in 2017 (Increase 25.1%), but it now has the lowest GDP growth rate in the United States.[5][3]

Third Quarter 2023 list

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List of U.S. states, federal district, and territories by economic growth in Q3 2023[2][6][note 1]
Rank State
federal district
or territory
2023
(Third Quarter)
GDP
Percent
change
[note 1]
1  Kansas Increase 9.7
2  Texas Increase 7.7
3  Nebraska Increase 7.5
4  Idaho Increase 7.0
5  Louisiana Increase 6.6
6  Nevada Increase 6.3
7  Utah Increase 6.1
8  Florida Increase 6.1
9  Oklahoma Increase 6.0
10  Colorado Increase 5.8
11  New Mexico Increase 5.7
12  South Carolina Increase 5.7
13  Wyoming Increase 5.7
14  Pennsylvania Increase 5.6
15  South Dakota Increase 5.2
16  Tennessee Increase 5.2
17  Washington Increase 5.1
18  Wisconsin Increase 5.0
19  Maine Increase 4.9
20  Arizona Increase 4.9
21  Kentucky Increase 4.9
22  California Increase 4.8
23  Indiana Increase 4.8
24  Oregon Increase 4.8
25  Massachusetts Increase 4.8
26  New Jersey Increase 4.8
27  Connecticut Increase 4.7
28  North Carolina Increase 4.6
29  Ohio Increase 4.6
30 Georgia (U.S. state) Georgia Increase 4.5
31  New Hampshire Increase 4.5
32  Virginia Increase 4.2
33  Montana Increase 4.2
34  Alabama Increase 4.1
35  Illinois Increase 4.1
36  Minnesota Increase 4.1
37  Iowa Increase 4.1
38  Missouri Increase 4.0
39  Vermont Increase 3.9
40  Rhode Island Increase 3.9
41  West Virginia Increase 3.7
42  Hawaii Increase 3.7
43  Alaska Increase 3.6
44  New York Increase 3.5
 Puerto Rico (2022)[6] Increase 3.4
45  Delaware Increase 3.3
46  North Dakota Increase 2.9
47  Michigan Increase 2.9
 U.S. Virgin Islands (2021)[7] Increase 2.9
48  Maryland Increase 2.7
 District of Columbia Increase 2.4
 American Samoa (2022)[8] Increase 1.7
 Guam (2021)[9] Increase 1.1
49  Mississippi Increase 0.8
50  Arkansas Increase 0.7
 Northern Mariana Islands (2020)[10] Decrease 19.6

2017−2022 list

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List of U.S. states and federal district by economic growth in 2017 to 2022[11][12]
State
or federal district
2022
GDP
Percent
change
2021
GDP
Percent
change
2020
GDP
Percent
change
2019
GDP
Percent
change
2018
GDP
Percent
change
2017
GDP
Percent
change
 United States Increase 1.9 Increase 5.8 Decrease 2.2 Increase 2.5 Increase 3.0 Increase 2.3
 Alabama Increase 1.7 Increase 4.4 Decrease 1.3 Increase 1.9 Increase 1.9 Increase 1.1
 Alaska Decrease 1.4 Increase 1.3 Decrease 3.8 Decrease 0.3 Decrease 2.0 Decrease 0.9
 Arizona Increase 3.2 Increase 7.8 Increase 0.8 Increase 3.8 Increase 4.0 Increase 3.7
 Arkansas Increase 1.3 Increase 5.9 Increase 0.7 Increase 0.7 Increase 2.0 Increase 1.3
 California Increase 0.7 Increase 7.6 Decrease 1.3 Increase 3.9 Increase 4.0 Increase 4.3
 Colorado Increase 2.2 Increase 6.8 Decrease 0.7 Increase 5.0 Increase 4.3 Increase 4.0
 Connecticut Increase 2.9 Increase 4.0 Decrease 5.7 Decrease 0.1 Increase 0.3 Increase 0.3
 Delaware Increase 1.0 Increase 2.6 Decrease 2.7 Increase 5.3 Increase 1.9 Decrease 1.7
 District of Columbia Increase 0.9 Increase 3.6 Decrease 0.8 Increase 0.6 Increase 2.8 Increase 0.7
 Florida Increase 4.6 Increase 9.0 Decrease 1.0 Increase 2.7 Increase 3.5 Increase 3.6
 Georgia Increase 2.6 Increase 6.1 Decrease 3.0 Increase 3.3 Increase 3.0 Increase 3.7
 Hawaii Increase 1.6 Increase 0.1 Decrease 10.5 Increase 0.3 Increase 1.4 Increase 2.5
 Idaho Increase 6.5 Increase 4.6 Increase 1.9 Increase 4.6 Increase 6.5 Increase 4.2
 Illinois Increase 1.3 Increase 5.3 Decrease 5.6 Increase 0.8 Increase 2.2 Increase 0.8
 Indiana Increase 3.1 Increase 6.9 Decrease 3.2 Increase 0.6 Increase 3.1 Increase 2.0
 Iowa Decrease 0.3 Increase 6.1 Decrease 0.6 Decrease 0.5 Increase 2.3 Decrease 0.3
 Kansas Increase 1.1 Increase 2.6 Decrease 1.1 Increase 0.3 Increase 2.1 Increase 1.3
 Kentucky Increase 1.4 Increase 4.0 Decrease 2.6 Increase 2.8 Increase 1.2 Increase 0.6
 Louisiana Decrease 1.2 Increase 2.3 Decrease 7.1 Increase 0.5 Increase 2.2 Increase 1.5
 Maine Increase 2.2 Increase 5.1 Increase 1.6 Increase 2.4 Increase 2.9 Increase 1.6
 Maryland Increase 1.6 Increase 4.5 Decrease 3.4 Steady0.0 Increase 0.7 Increase 1.6
 Massachusetts Increase 3.6 Increase 3.2 Decrease 1.9 Increase 3.2 Increase 3.6 Increase 2.4
 Michigan Increase 1.6 Increase 5.8 Decrease 3.0 Increase 0.2 Increase 2.3 Increase 1.4
 Minnesota Increase 1.2 Increase 4.6 Decrease 2.9 Increase 1.1 Increase 2.8 Increase 1.8
 Mississippi Steady Increase 3.9 Decrease 0.6 Increase 0.3 Decrease 0.1 Increase 0.7
 Missouri Increase 2.0 Increase 4.7 Decrease 1.7 Increase 2.1 Increase 0.9 Increase 1.1
 Montana Increase 1.9 Increase 5.6 Decrease 0.3 Increase 1.7 Increase 2.0 Increase 2.0
 Nebraska Increase 2.7 Increase 5.2 Decrease 0.5 Increase 1.5 Increase 1.9 Increase 1.9
 Nevada Increase 3.4 Increase 9.2 Decrease 5.7 Increase 4.2 Increase 3.3 Increase 3.6
 New Hampshire Increase 0.3 Increase 8.1 Decrease 1.0 Increase 2.1 Increase 1.3 Increase 1.7
 New Jersey Increase 2.8 Increase 5.5 Decrease 3.4 Increase 1.7 Increase 2.8 Increase 0.1
 New Mexico Increase 1.8 Increase 2.1 Decrease 2.9 Increase 4.5 Increase 3.1 Increase 0.1
 New York Increase 2.3 Increase 4.5 Decrease 3.5 Increase 2.7 Increase 2.5 Increase 1.9
 North Carolina Increase 2.0 Increase 5.8 Decrease 0.6 Increase 2.1 Increase 1.8 Increase 2.4
 North Dakota Decrease 1.1 Decrease 0.5 Decrease 5.8 Increase 1.1 Increase 3.5 Increase 0.3
 Ohio Increase 0.5 Increase 4.8 Decrease 2.9 Increase 2.7 Increase 0.6 Increase 1.3
 Oklahoma Decrease 1.0 Increase 1.5 Decrease 4.4 Increase 1.8 Increase 1.8 Steady
 Oregon Increase 1.8 Increase 5.2 Decrease 0.9 Increase 2.4 Increase 3.9 Increase 4.2
 Pennsylvania Increase 1.0 Increase 3.8 Decrease 4.7 Increase 1.1 Increase 1.3 Increase 0.6
 Rhode Island Increase 2.3 Increase 4.5 Decrease 2.9 Increase 1.9 Decrease 0.1 Decrease 0.6
 South Carolina Increase 2.5 Increase 4.8 Decrease 1.6 Increase 2.5 Increase 3.0 Increase 3.1
 South Dakota Decrease 0.3 Increase 4.6 Increase 0.6 Increase 0.8 Increase 0.6 Increase 0.6
 Tennessee Increase 3.9 Increase 8.2 Decrease 1.0 Increase 2.1 Increase 2.0 Increase 2.2
 Texas Increase 4.8 Increase 5.7 Decrease 1.7 Increase 3.2 Increase 4.8 Increase 2.8
 Utah Increase 1.9 Increase 7.8 Increase 1.1 Increase 5.8 Increase 5.8 Increase 4.4
 Vermont Increase 2.2 Increase 4.8 Decrease 2.7 Increase 1.2 Increase 0.7 Increase 0.4
 Virginia Increase 2.5 Increase 5.4 Decrease 1.3 Increase 2.5 Increase 2.4 Increase 1.7
 Washington Increase 1.6 Increase 6.8 Increase 0.2 Increase 4.8 Increase 6.6 Increase 5.5
 West Virginia Increase 1.3 Increase 2.1 Decrease 3.7 Decrease 0.8 Increase 3.0 Increase 0.7
 Wisconsin Increase 0.4 Increase 3.6 Decrease 3.2 Increase 1.5 Increase 2.2 Increase 1.0
 Wyoming Increase 1.0 Increase 2.1 Decrease 6.2 Increase 1.5 Increase 0.9 Decrease 0.6

2013 list

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Map of the states and the District of Columbia with percent change in economic growth in 2013.
List of U.S. states and federal district by economic growth in 2010–13
2013
Rank
State
or federal district
2013
GDP
Percent
change[13]
2010–13
GDP
Percent
change
2010–13
Pop.
Percent
change[14]
2010–13
Per Capita
GDP
percent
change
 United States Increase 1.8 Increase 2.0 Increase 0.8 Increase 1.2
1  North Dakota Increase 9.7 Increase 11.7 Increase 2.4 Increase 9.3
2  Wyoming Increase 7.6 Increase 1.2 Increase 1.1 Increase 0.1
3  West Virginia Increase 5.1 Increase 2.3 Steady Increase 2.3
4  Oklahoma Increase 4.2 Increase 2.8 Increase 0.8 Increase 2.0
5  Idaho Increase 4.1 Increase 1.4 Increase 0.9 Increase 0.5
6  Utah Increase 3.8 Increase 2.5 Increase 1.5 Increase 1.0
7  Colorado Increase 3.8 Increase 3.5 Increase 1.5 Increase 2.0
8  Texas Increase 3.7 Increase 4.5 Increase 1.6 Increase 2.9
9  Nebraska Increase 3.1 Increase 2.8 Increase 1.2 Increase 1.6
10  South Dakota Increase 3.0 Increase 3.1 Increase 0.7 Increase 2.4
11  Montana Increase 3.0 Increase 2.8 Increase 0.8 Increase 2.0
12  Iowa Increase 2.9 Increase 2.5 Increase 0.5 Increase 2.0
13  Minnesota Increase 2.8 Increase 2.8 Increase 0.7 Increase 2.1
14  Washington Increase 2.7 Increase 4.1 Increase 0.8 Increase 3.3
15  Oregon Increase 2.7 Increase 2.2 Increase 1.3 Increase 0.9
16  Arkansas Increase 2.4 Increase 2.3 Increase 0.4 Increase 1.9
17  North Carolina Increase 2.3 Increase 1.8 Increase 1.0 Increase 0.8
18  Florida Increase 2.2 Increase 1.0 Increase 1.3 Decrease 0.3
19  Indiana Increase 2.1 Increase 3.0 Increase 0.4 Increase 2.6
20  California Increase 2.0 Increase 1.8 Increase 1.0 Increase 0.8
21  Michigan Increase 2.0 Increase 2.8 Increase 0.1 Increase 2.7
22  Vermont Increase 1.9 Increase 2.4 Increase 0.1 Increase 2.3
23  Kansas Increase 1.9 Increase 2.3 Increase 0.4 Increase 1.9
24  Hawaii Increase 1.9 Increase 1.9 Increase 1.1 Increase 0.8
25  Georgia Increase 1.8 Increase 1.2 Increase 1.0 Increase 0.2
26  Ohio Increase 1.8 Increase 2.5 Increase 0.1 Increase 2.4
27  Wisconsin Increase 1.7 Increase 1.8 Increase 0.3 Increase 1.5
28  Massachusetts Increase 1.6 Increase 2.4 Increase 0.7 Increase 1.7
29  Mississippi Increase 1.6 Increase 1.3 Increase 0.2 Increase 1.1
30  Kentucky Increase 1.6 Increase 2.3 Increase 0.4 Increase 1.9
31  Delaware Increase 1.6 Increase 0.9 Increase 0.9 Steady
32  New Mexico Increase 1.5 Increase 0.9 Increase 0.4 Increase 0.5
33  Rhode Island Increase 1.4 Increase 1.3 Steady Increase 1.3
34  Louisiana Increase 1.3 Increase 1.5 Increase 0.6 Increase 0.9
35  South Carolina Increase 1.2 Increase 1.9 Increase 1.0 Increase 0.9
36  Arizona Increase 1.1 Increase 1.9 Increase 1.1 Increase 0.8
37  New Jersey Increase 1.1 Increase 1.0 Increase 0.4 Increase 0.6
38  Nevada Increase 1.0 Increase 0.8 Increase 1.1 Decrease 0.3
39  Connecticut Increase 0.9 Increase 0.4 Increase 0.2 Increase 0.2
40  New Hampshire Increase 0.9 Increase 1.5 Increase 0.2 Increase 1.3
41  Maine Increase 0.9 Increase 0.4 Steady Increase 0.4
42  Illinois Increase 0.9 Increase 1.3 Increase 0.1 Increase 1.2
43  Tennessee Increase 0.8 Increase 1.7 Increase 0.3 Increase 1.4
44  Missouri Increase 0.8 Increase 2.2 Increase 0.7 Increase 1.5
45  Alabama Increase 0.8 Increase 0.8 Increase 0.3 Increase 0.5
46  New York Increase 0.7 Increase 1.6 Increase 0.5 Increase 1.1
47  Pennsylvania Increase 0.7 Increase 1.4 Increase 0.2 Increase 1.2
48  Virginia Increase 0.1 Increase 1.3 Increase 1.0 Increase 0.3
49  Maryland Steady Increase 1.4 Increase 0.9 Increase 0.5
50  Alaska Decrease 2.5 Increase 0.8 Increase 1.1 Decrease 0.3

See also

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Notes

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  1. ^ a b Data for the 50 states and District of Columbia is from Third Quarter 2023. Data for Puerto Rico is from 2022. Data for American Samoa, Guam, the Northern Mariana Islands, and the U.S. Virgin Islands is from different years.

References

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  1. ^ "Gross Domestic Product by State, First Quarter 2019 | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-11-22.
  2. ^ a b "Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2023". Bureau of Economic Analysis.
  3. ^ a b "Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2018 | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-11-22.
  4. ^ "American Samoa GDP Increases in 2018 | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-11-22.
  5. ^ "Northern Mariana Islands' GDP Increases in 2017 | U.S. Bureau of Economic Analysis (BEA)". www.bea.gov. Retrieved 2024-11-22.
  6. ^ a b "World Bank Open Data". World Bank Open Data. Retrieved 2024-11-22.
  7. ^ "GDP growth (annual %) - Virgin Islands (U.S.)". World Bank Open Data. Retrieved 2024-01-26.
  8. ^ "GDP growth (annual %) - American Samoa". World Bank Open Data. Retrieved 2024-01-26.
  9. ^ "GDP growth (annual %) - Guam". World Bank Open Data. Retrieved 2024-01-26.
  10. ^ "World Bank Open Data". GDP growth (annual %) - Northern Mariana Islands. Retrieved 2024-01-26.
  11. ^ "Gross Domestic Product by County, 2019" (PDF).
  12. ^ "BEA Interactive Data Application". apps.bea.gov. Retrieved 2024-01-26.
  13. ^ "BEA official report" (PDF). Archived from the original (PDF) on 2017-11-22. Retrieved 2018-03-09.
  14. ^ "Annual Estimates of the Resident Population for the United States, Regions, States, and Puerto Rico: April 1, 2010 to July 1, 2014". 2014 Population Estimates. United States Census Bureau, Population Division. December 23, 2014. Retrieved December 23, 2014.
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