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

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 edit

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

2017−2022 list edit

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   1.9   5.8   2.2   2.5   3.0   2.3
  Alabama   1.7   4.4   1.3   1.9   1.9   1.1
  Alaska   1.4   1.3   3.8   0.3   2.0   0.9
  Arizona   3.2   7.8   0.8   3.8   4.0   3.7
  Arkansas   1.3   5.9   0.7   0.7   2.0   1.3
  California   0.7   7.6   1.3   3.9   4.0   4.3
  Colorado   2.2   6.8   0.7   5.0   4.3   4.0
  Connecticut   2.9   4.0   5.7   0.1   0.3   0.3
  Delaware   1.0   2.6   2.7   5.3   1.9   1.7
  District of Columbia   0.9   3.6   0.8   0.6   2.8   0.7
  Florida   4.6   9.0   1.0   2.7   3.5   3.6
  Georgia   2.6   6.1   3.0   3.3   3.0   3.7
  Hawaii   1.6   0.1   10.5   0.3   1.4   2.5
  Idaho   6.5   4.6   1.9   4.6   6.5   4.2
  Illinois   1.3   5.3   5.6   0.8   2.2   0.8
  Indiana   3.1   6.9   3.2   0.6   3.1   2.0
  Iowa   0.3   6.1   0.6   0.5   2.3   0.3
  Kansas   1.1   2.6   1.1   0.3   2.1   1.3
  Kentucky   1.4   4.0   2.6   2.8   1.2   0.6
  Louisiana   1.2   2.3   7.1   0.5   2.2   1.5
  Maine   2.2   5.1   1.6   2.4   2.9   1.6
  Maryland   1.6   4.5   3.4  0.0   0.7   1.6
  Massachusetts   3.6   3.2   1.9   3.2   3.6   2.4
  Michigan   1.6   5.8   3.0   0.2   2.3   1.4
  Minnesota   1.2   4.6   2.9   1.1   2.8   1.8
  Mississippi     3.9   0.6   0.3   0.1   0.7
  Missouri   2.0   4.7   1.7   2.1   0.9   1.1
  Montana   1.9   5.6   0.3   1.7   2.0   2.0
  Nebraska   2.7   5.2   0.5   1.5   1.9   1.9
  Nevada   3.4   9.2   5.7   4.2   3.3   3.6
  New Hampshire   0.3   8.1   1.0   2.1   1.3   1.7
  New Jersey   2.8   5.5   3.4   1.7   2.8   0.1
  New Mexico   1.8   2.1   2.9   4.5   3.1   0.1
  New York   2.3   4.5   3.5   2.7   2.5   1.9
  North Carolina   2.0   5.8   0.6   2.1   1.8   2.4
  North Dakota   1.1   0.5   5.8   1.1   3.5   0.3
  Ohio   0.5   4.8   2.9   2.7   0.6   1.3
  Oklahoma   1.0   1.5   4.4   1.8   1.8  
  Oregon   1.8   5.2   0.9   2.4   3.9   4.2
  Pennsylvania   1.0   3.8   4.7   1.1   1.3   0.6
  Rhode Island   2.3   4.5   2.9   1.9   0.1   0.6
  South Carolina   2.5   4.8   1.6   2.5   3.0   3.1
  South Dakota   0.3   4.6   0.6   0.8   0.6   0.6
  Tennessee   3.9   8.2   1.0   2.1   2.0   2.2
  Texas   4.8   5.7   1.7   3.2   4.8   2.8
  Utah   1.9   7.8   1.1   5.8   5.8   4.4
  Vermont   2.2   4.8   2.7   1.2   0.7   0.4
  Virginia   2.5   5.4   1.3   2.5   2.4   1.7
  Washington   1.6   6.8   0.2   4.8   6.6   5.5
  West Virginia   1.3   2.1   3.7   0.8   3.0   0.7
  Wisconsin   0.4   3.6   3.2   1.5   2.2   1.0
  Wyoming   1.0   2.1   6.2   1.5   0.9   0.6

2013 list edit

 
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   1.8   2.0   0.8   1.2
1   North Dakota   9.7   11.7   2.4   9.3
2   Wyoming   7.6   1.2   1.1   0.1
3   West Virginia   5.1   2.3     2.3
4   Oklahoma   4.2   2.8   0.8   2.0
5   Idaho   4.1   1.4   0.9   0.5
6   Utah   3.8   2.5   1.5   1.0
7   Colorado   3.8   3.5   1.5   2.0
8   Texas   3.7   4.5   1.6   2.9
9   Nebraska   3.1   2.8   1.2   1.6
10   South Dakota   3.0   3.1   0.7   2.4
11   Montana   3.0   2.8   0.8   2.0
12   Iowa   2.9   2.5   0.5   2.0
13   Minnesota   2.8   2.8   0.7   2.1
14   Washington   2.7   4.1   0.8   3.3
15   Oregon   2.7   2.2   1.3   0.9
16   Arkansas   2.4   2.3   0.4   1.9
17   North Carolina   2.3   1.8   1.0   0.8
18   Florida   2.2   1.0   1.3   0.3
19   Indiana   2.1   3.0   0.4   2.6
20   California   2.0   1.8   1.0   0.8
21   Michigan   2.0   2.8   0.1   2.7
22   Vermont   1.9   2.4   0.1   2.3
23   Kansas   1.9   2.3   0.4   1.9
24   Hawaii   1.9   1.9   1.1   0.8
25   Georgia   1.8   1.2   1.0   0.2
26   Ohio   1.8   2.5   0.1   2.4
27   Wisconsin   1.7   1.8   0.3   1.5
28   Massachusetts   1.6   2.4   0.7   1.7
29   Mississippi   1.6   1.3   0.2   1.1
30   Kentucky   1.6   2.3   0.4   1.9
31   Delaware   1.6   0.9   0.9  
32   New Mexico   1.5   0.9   0.4   0.5
33   Rhode Island   1.4   1.3     1.3
34   Louisiana   1.3   1.5   0.6   0.9
35   South Carolina   1.2   1.9   1.0   0.9
36   Arizona   1.1   1.9   1.1   0.8
37   New Jersey   1.1   1.0   0.4   0.6
38   Nevada   1.0   0.8   1.1   0.3
39   Connecticut   0.9   0.4   0.2   0.2
40   New Hampshire   0.9   1.5   0.2   1.3
41   Maine   0.9   0.4     0.4
42   Illinois   0.9   1.3   0.1   1.2
43   Tennessee   0.8   1.7   0.3   1.4
44   Missouri   0.8   2.2   0.7   1.5
45   Alabama   0.8   0.8   0.3   0.5
46   New York   0.7   1.6   0.5   1.1
47   Pennsylvania   0.7   1.4   0.2   1.2
48   Virginia   0.1   1.3   1.0   0.3
49   Maryland     1.4   0.9   0.5
50   Alaska   2.5   0.8   1.1   0.3

See also edit

Notes edit

  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 edit

  1. ^ https://www.bea.gov/news/2019/gross-domestic-product-state-first-quarter-2019 BEA.gov. Gross Domestic Product By State, First Quarter 2019. Retrieved August 28, 2019.
  2. ^ a b "Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2023". Bureau of Economic Analysis.
  3. ^ a b https://www.bea.gov/news/2019/gross-domestic-product-commonwealth-northern-mariana-islands-cnmi-2018 BEA.gov. Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2018. Retrieved November 29, 2019.
  4. ^ https://www.bea.gov/news/2019/american-samoa-gdp-increases-2018 BEA.gov. American Samoa GDP Increases in 2018. Retrieved August 28, 2019.
  5. ^ https://www.bea.gov/news/blog/2018-10-17/northern-mariana-islands-gdp-increases-2017 BEA.gov. Northern Mariana Islands’ GDP increases in 2017. Retrieved July 3, 2019.
  6. ^ a b https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=PR Data.worldbank.org. Puerto Rico (GDP Growth). Retrieved July 28, 2020.
  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.

External links edit