The chart above shows the per capita annualized nominal gross domestic product (GDP) in each US state as of the fourth quarter of 2019 in dollars, the change from the previous quarter, and the GDP one year prior. West Virginia was the only state to experience a per capita GDP contraction over the past year.
- The difference between the state with the largest per capita GDP, Massachusetts, and the state with the smallest, Mississippi, is $51,693.31 (up from $51,226.13 last quarter and up from $49,061.00 last year). Massachusetts and Mississippi had the largest and smallest per capita GDP respectively both last quarter and last year.
- Massachusetts has 2.27 times the per capita GDP that Mississippi does. The ratio of largest per capita GDP to smallest per capita GDP was the same as 2.27 last quarter and up from 2.25 last year.
- The median per capita GDP in the 50 US states is $63,724.57 (up from $63,230.45 last quarter and up from $61,569.65 last year) and the mean $65,385.74 (up from $64,851.61 the previous quarter and up from $63,128.73 last year).
- Fifty states saw their per capita GDP rise in current dollars from the previous quarter while zero saw it drop.
- Forty-nine states saw their per capita GDP rise in current dollars from last year while one saw it drop.
- GDP data is from the fourth quarter of 2019, the third quarter of 2019, and the fourth quarter of 2018.
- Census data is from 2010.
- The data is seasonally adjusted in current dollars.
- Growth rates may differ from those provided by the Bureau of Economic Analysis as the BEA's growth rates are based on chained dollars in conjunction with the chain index or the quality index for real GDP.
- All figures are rounded to the nearest hundredth.
In absolute terms, West Virginia saw the smallest increase over the previous quarter with a gain of $127.74. Washington had the largest growth with a gain of $998.72. Year over year, West Virginia had the largest decrease with a drop of $139.99 while Washington had the greatest increase with a gain of $4,893.55.
In relative terms, West Virginia had the smallest increase over the previous quarter with a 0.30% rise in per capita GDP while Utah had the greatest increase with a 1.16% rise in per capita GDP. Year over year, West Virginia had the largest decrease with a 0.33% drop in per capita GDP while Utah had the largest growth with a 5.96% rise in per capita GDP.
The number of states with a per capita GDP of over $80,000 was six last year, seven the previous quarter, and seven this past quarter. Conversely, the number of states with a per capita GDP of less than $50,000 was seven last year, five the previous quarter, and four this past quarter.
Washington (went from 3rd highest per capita GDP to 2nd highest), California (from 5th to 4th), Colorado (from 9th to 8th), Illinois (from 16th to 15th), Nebraska (from 17th to 16th), and Louisiana (from 35th to 34th) surpassed one state each over the previous quarter. On the flip side, Wyoming (from 15th to 17th) was bested by two states over the quarter. Year over year, Vermont (40th to 37th) rose three spots. Conversely, Wyoming (14th to 17th), South Dakota (20th to 23rd), and Oklahoma (37th to 40th) were each bested by three states from the previous year.
|State||Fourth Quarter 2018||Third Quarter 2019||Fourth Quarter 2019|
US Bureau of Economic Analysis. 2020. "GDP by State." Accessed April 21, 2020. https://www.bea.gov/data/gdp/gdp-state.
United States Census Bureau. September 2012. "United States Summary: 2010: Population and Housing Unit Counts." Accessed January 23, 2018. https://www.census.gov/prod/cen2010/cph-2-1.pdf.