Department of Numbers

Alabama GDP

Alabama GDP was $181,211,000,000 in 2016 according to BEA data. Alabama GDP represents 1.11% of US GDP which made it the 27th largest state economy in the nation in 2016. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Alabama

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Alabama $181.211 +1.30% +2.35% +4.29%

Trends in Alabama Real GDP

Over the 5 years ending in 2016 the Alabama economy grew in real terms by 4.29% at a compound annual growth rate of 0.84% per year. Real Alabama GDP, at $181.211 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Alabama

Historical Real GDP (2009 Chained Dollars) data for Alabama

Date Alabama
(Billions)
2016 $181.211
2015 $178.893
2014 $176.960
2013 $177.049
2012 $175.420
2011 $173.760
2010 $171.861
2009 $168.315
2008 $174.459
2007 $175.332
2006 $174.675

more history ...

Alabama GDP Components: Per-Capita GDP & Popuation

Alabama per-capita GDP was $37,261 in 2016. which is $13,316 lower than the US per-capita GDP. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Alabama

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Alabama Per-Capita GDP $37,261 +1.10% +1.64% +2.93%
Alabama Population 4,863,300 +0.19% +0.70% +1.32%

Trends Real in Alabama Real Per-Capita GDP & Population

Real Alabama per-capita GDP is 2.93% higher today than 5 years prior in 2011. In that time the population in Alabama grew by 63,382 (1.32%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Alabama shown above.

Real Per-Capita GDP (2009 Chained Dollars): Alabama, National

Historical Real Per-Capita GDP (2009 Chained Dollars) and Population data for Alabama

Date US Per-Capita GDP Alabama Per-Capita GDP Alabama Population
2016 $50,577 $37,261 4,863,300
2015 $50,155 $36,856 4,853,875
2014 $49,253 $36,538 4,843,214
2013 $48,538 $36,660 4,829,479
2012 $48,173 $36,425 4,815,960
2011 $47,595 $36,201 4,799,918
2010 $47,287 $35,913 4,785,492
2009 $46,680 $35,376 4,757,938
2008 $48,401 $36,976 4,718,206
2007 $49,126 $37,522 4,672,840
2006 $48,880 $37,735 4,628,981

more history ...