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Economy of Oklahoma. All values, unless otherwise stated, are in US dollars. The economy of Oklahoma is the 30th largest in the United States. Oklahoma's gross state product (GSP) is approximately $197.2 billion as of December 2018.
This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries ...
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 ( 9.7%) in the third quarter 2023, while Arkansas had the smallest growth rate ( 0.7%). [ 2 ]
Oklahoma's total revenue in August amounted to $1.27 billion, a 1.9% increase over August 2023, according to the latest gross receipt report. Oklahoma's economic health: A look at the state's tax ...
Geography. Oklahoma is the 20th-largest state in the United States, covering an area of 69,895 square miles (181,030 km 2), with 68,591 square miles (177,650 km 2) of land and 1,304 square miles (3,380 km 2) of water. [60] It lies partly in the Great Plains near the geographical center of the 48 contiguous states.
The Tulsa metropolitan area is the economic engine of the Green Country as well as Eastern Oklahoma. In 2017 the Tulsa metropolitan area's GDP was $57.7 billion, [18] up from 43.4 billion in 2009, nearly thirty percent of Oklahoma's economy, and the 53rd largest in the nation. [19]
The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...
Demographics of Oklahoma. According to the U.S. Census Bureau, as of 2020, the state of Oklahoma had a population of 3,959,353, which is an increase of 208,002 or 5.54% since the year 2010. Oklahoma is the 28th most populous state in the United States.