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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.
California in 2010, when measured as a percentage of GDP, had the 4th highest tax burden of all the fifty states at 13.4% of the state GDP. [ 53 ] The maximum 13.34% state personal income tax rate is the highest in the nation, but only applies to incomes over $1 million. [ 53 ]
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
Country Continent Nominal GDP (billion US$) [needs update] Year Pop. (mil) Nominal GDP per capita (thousand US$) California: State United States: North America: 4,080 2024 [1] 38.9 105 Texas: State United States: North America: 2,695 2024 [1] 30.5 87 England: Constituent country United Kingdom: Europe: 2,674 2022 [2] 57.1 47 New York: State ...
As of 2024, the gross state product (GSP) is $4.0 trillion ($102,500 per capita), the largest in the United States. [14] California is responsible for one seventh of the nation's gross domestic product (GDP). [276] As of 2018, California's nominal GDP is larger than all but four countries. [277]
However, that pace of GDP growth in the state has dropped significantly since 2022, with the measure now lagging when compared with other states. The distribution of jobs and wealth is even more ...
U.S. states and territories by imports 2018 (in current dollars) National rank State/territory Imports in US$ [7] [8] % of states GDP [9] Largest source [8] Largest import product [8] — United States: $2,540,805,731,547 12.2 China: computer and electronic products 1 California: $441,019,089,038 14.6 China: computer and electronic products 2 Texas
ConsumerAffairs ranked all 50 U.S. states and Washington, D.C., based on affordability, economy, education and health, quality of life and safety to determine the best states to move to in 2024.