Since then, the Reserve Bank of Australia (RBA) has been engaged in a battle to try to squeeze rampant inflation out of the economy, while simultaneously trying to avoid tipping the economy into a sharp recession. Retrieved July 3, 2022.GDP growth in Australia has been slowing since 2Q22 when the reopening of the economy temporarily lifted economic activity dramatically. dollars) - American Samoa / Guam / Northern Mariana Islands / Puerto Rico / Virgin Islands (U.S.) Retrieved July 3, 2022. GDP for American Samoa / Guam / Commonwealth of the Northern Mariana Islands / U.S. American Samoa / Guam / Northern Mariana Islands / Puerto Rico / Virgin Islands (U.S.) Retrieved July 3, 2022.īureau of Economic Analysis. New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico. ^ a b "New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico"."A Beginner's Guide to Purchasing Power Parity Theory". states and territories by economic growth rate List of states by adjusted per capita personal income.The Northern Mariana Islands GDP was $1.18 billion ($1,180 million) in 2019 GDP for the Northern Mariana Islands decreased by 11.2% in 2019 and GDP per capita in the Northern Mariana Islands was $20,659 in 2019. GDP data for the Northern Mariana Islands is from 2019, so it is listed separately. All Puerto Rico data is from the World Bank. territories is from the World Bank for GDP and GDP per capita, and from the Bureau of Economic Analysis for GDP growth (except Puerto Rico). Virgin Islands) separately from the states and the District of Columbia. territories (American Samoa, Guam, the Northern Mariana Islands, and the U.S. The Bureau of Economic Analysis (BEA) collects GDP data for four U.S. * indicates "GDP of STATE or FEDERAL DISTRICT" or "Economy of STATE or FEDERAL DISTRICT" links. The GDP data below reflects the annual 2022 GDP totals. The raw GDP data below is measured in Millions of U.S. The total for "United States" in this table excludes the U.S. The list is initially sorted by Nominal GDP in 2021, but clicking the table headers can sort any column. state and the District of Columbia in 2022, as well as the GDP change and GDP per capita for that year. The table below lists the annual Nominal GDP of each U.S. state in 2022 at $242,853.ĥ0 states and the District of Columbia The District of Columbia, though, recorded a GDP per capita figure far higher than any U.S. GDP per capita also varied widely throughout the United States in 2022, with New York ($105,226), Massachusetts ($99,274), and North Dakota ($96,461) recording the three highest GDP per capita figures in the U.S., while Mississippi ($47,572), Arkansas ($54,644), and West Virginia ($54,870) recorded the three lowest GDP per capita figures in the U.S. states with the lowest GDPs were Vermont ($40.6 Billion), Wyoming ($47.4 Billion), and Alaska ($63.6 Billion). states with the highest GDPs were California ($3.6 Trillion), Texas ($2.356 Trillion), and New York ($2.053 Trillion). Overall, in the calendar year 2022, the United States' Nominal GDP at Current Prices totaled at $25.463 Trillion, as compared to $23.315 Trillion in 2021. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. 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. The BEA defined GDP by state as "the sum of value added from all industries in the state." The data source for the list is the Bureau of Economic Analysis (BEA) in 2022. states and the District of Columbia and their nominal GDP at current prices. states and territories by Gross Domestic Product (GDP).
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