Which Us State Has Highest Gdp Per Capita Out of all 50 states New York had the highest per capita real gross domestic product GDP in 2023 at 90 730 U S dollars followed closely by Massachusetts
Based on 2023 data from the Bureau of Economic Affairs and the Census Bureau the map below shows the GDP per capita of each US state The highest per capita GDP in the US belongs to Washington DC where it stands at almost 260 000 Trailing behind in second and third place are New York 110 980 and Massachusetts 105 164 This map lists every U S state s GDP per capita with darker hues signifying a higher number Data was sourced from the Bureau of Economic Affairs and the Census Bureau as of 2023 As a metric GDP per capita can provide an indication of the standard of living and overall prosperity of an area
Which Us State Has Highest Gdp Per Capita
Which Us State Has Highest Gdp Per Capita
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Gross Domestic Product By State 1st Quarter 2018 U S Bureau Of
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US GDP By State Vivid Maps
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Read on for the latest data on the US GDP by state the highest and lowest GDP states and GDP per capita by state Personal Finance and IT at 183 billion New York also has the highest per capita GDP by state at 76 365 Again it s no surprise as the state has almost 20 million inhabitants Statista Florida 1 37 trillion When looking at GDP by state in the United States the GDP helps inform people about how well a state s economy is doing The GDP of a state refers to the overall production and distribution of goods in a state The ten states with the largest GDP per capita are State GDP Per Capita 2022 District of Columbia 96 728 Connecticut
For example the District of Columbia has a higher per capita GDP than any state at 214 285 but its poverty rate 16 8 in 2021 latest information is among the highest in the country What Understanding which states lead in GDP per capita provides insight into regional economic strengths and development patterns The Formula for Determining GDP per Capita GDP per capita is calculated by dividing a state s total economic output by its population GDP per capita Gross Domestic Product GDP Population
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The dashboard below gives a more detailed view of each state s real GDP per capita GDP by total population and per capita GDP by working age population from 2017 2022 California had the highest real GDP at 3 2 trillion and the largest population at 39 million residents Texas ranked second in both real GDP and population with 1 9 While not a state the District of Columbia stands far above the rest in terms of GDP per capita largely due to its unique role as the nation s capital The federal government and related professional services such as law lobbying and consulting heavily influence the economy here These 10 states have the highest GDP per capita in the
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Which Us State Has Highest Gdp Per Capita - Read on for the latest data on the US GDP by state the highest and lowest GDP states and GDP per capita by state Personal Finance and IT at 183 billion New York also has the highest per capita GDP by state at 76 365 Again it s no surprise as the state has almost 20 million inhabitants Statista Florida 1 37 trillion