Which states give most US GDP?

Overall, in the calendar year 2021, the United States’ Nominal GDP at Current Prices totalled at $23.00 Trillion, as compared to $20.89 Trillion in 2020. The three U.S. states with the highest GDPs were California ($3.36 Trillion), Texas ($1.99 Trillion), and New York ($1.85 Trillion).

What are the 10 largest states by GDP?

Here are the 10 states with the highest GDP:

  • California (3,120,386 million)
  • Texas (1,772,132 million)
  • New York (1,705,127 million)
  • Florida (1,111,614 million)
  • Illinois (875,671 million)
  • Pennsylvania (788,500 million)
  • Ohio (683,460 million)
  • Washington (632,013 million)

Which US state has the highest GDP per capita?

Out of all 50 states, Massachusetts had the highest per-capita real gross domestic product (GDP) in 2019, at 75,258 U.S. dollars. Mississippi had the lowest per-capita real GDP, at 35,015 U.S. dollars.

What state is the most successful?

These are the top 10 most successful states in America based on the GOBankingRates’ report.

  • New Jersey.
  • Massachusetts.
  • New Hampshire.
  • Washington, D.C.
  • California.
  • Alaska.
  • North Dakota.
  • Virginia.

Is California’s economy bigger than Texas?

The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.0 trillion as of 2021. In 2011, Texas was home to six of the biggest 50 companies, and 51 in total, in the Fortune 500 (the third most after New York and California).

Is California’s economy strong?

The economy of the State of California is the largest in the United States, with a $3.4 trillion gross state product (GSP) as of 2021. If California were a sovereign nation (2021), it would rank as the world’s fifth largest economy, ahead of India and behind Germany.

What is the poorest state per capita?

States with the Lowest Per Capita Income Mississippi has the lowest PCI of $39,368. Unfortunately, Mississippi also has the nation’s highest poverty rate of 19.6%. New Mexico, Kentucky, and Arkansas are also among the five states with the highest poverty rates, with 18.2%, 16.3%, and 16.2%.

Who has the strongest economy?

  1. United States. 2020 Nominal GDP in Current U.S. Dollars: $20.89 trillion7.
  2. China. 2020 Nominal GDP in Current U.S. Dollars: $14.72 trillion13.
  3. Japan. 2020 Nominal GDP in Current U.S. Dollars: $5.06 trillion18.
  4. Germany. 2020 Nominal GDP in Current U.S. Dollars: $3.85 trillion23.
  5. United Kingdom.
  6. India.
  7. France.
  8. Italy.

Which states have the highest GDP?

– United States (GDP: 20.49 trillion) – China (GDP: 13.4 trillion) – Japan: (GDP: 4.97 trillion) – Germany: (GDP: 4.00 trillion) – United Kingdom: (GDP: 2.83 trillion) – France: (GDP: 2.78 trillion) – India: (GDP: 2.72 trillion) – Italy: (GDP: 2.07 trillion) – Brazil: (GDP: 1.87 trillion) – Canada: (GDP: 1.71 trillion)

What is GDP per state?

The BEA defined GDP by state as “the sum of value added from all industries in the state.” Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country’s currency.

What is GDP ranking in the US?

2019 Nominal GDP in Current U.S. Dollars:$21.43 trillion 3 

  • 2019 PPP Adjusted GDP in Current International Dollars:$21.43 trillion 4 
  • 2019 GDP Growth: 2.2% 5 
  • 2019 Nominal GDP Per Capita in Current U.S. Dollars:$65,298 6 

    • What is the GDP of America?

    Gross Domestic Product. The value of the goods and services produced in the United States is the gross domestic product. The percentage that GDP grew (or shrank) from one period to another is an important way for Americans to gauge how their economy is doing. The United States’ GDP is also watched around the world as an economic barometer.