Per capita U.S. Real Gross Domestic Product (GDP) by state 2018

Per capita Real Gross Domestic Product (GDP) of the United States in 2018, by state (in chained 2012 U.S. dollars)

by Erin Duffin, last edited Nov 7, 2019
Per capita U.S. Real Gross Domestic Product (GDP) by state 2018 Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2018, at 74,463 U.S. dollars. Mississippi had the lowest per-capita real GDP, at 34,434 U.S. dollars.

What is real GDP?

A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent.

Why real GDP per capita matters

Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area.
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Per capita Real Gross Domestic Product (GDP) of the United States in 2018, by state (in chained 2012 U.S. dollars)

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