Department of Numbers

Arizona GDP

Arizona GDP was $267,472,000,000 in 2016 according to BEA data. Arizona GDP represents 1.64% of US GDP which made it the 21st 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 Arizona

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Arizona $267.472 +2.13% +5.41% +8.11%

Trends in Arizona Real GDP

Over the 5 years ending in 2016 the Arizona economy grew in real terms by 8.11% at a compound annual growth rate of 1.57% per year. Arizona GDP was at its highest in 2007 when it reached $272.417 bn. It is now $4.945 bn (1.82%) lower.

Real GDP (2009 Chained Dollars): Arizona

Historical Real GDP (2009 Chained Dollars) data for Arizona

Date Arizona
(Billions)
2016 $267.472
2015 $261.891
2014 $258.228
2013 $253.743
2012 $252.545
2011 $247.414
2010 $243.101
2009 $242.509
2008 $262.521
2007 $272.417
2006 $265.798

more history ...

Arizona GDP Components: Per-Capita GDP & Popuation

Arizona per-capita GDP was $38,590 in 2016. which is $11,987 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 Arizona

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Arizona Per-Capita GDP $38,590 +0.46% +0.75% +0.87%
Arizona Population 6,931,071 +1.66% +4.63% +7.17%

Trends Real in Arizona Real Per-Capita GDP & Population

Real Arizona per-capita GDP is 0.87% higher today than 5 years prior in 2011. In that time the population in Arizona grew by 463,908 (7.17%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Arizona shown above.

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

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

Date US Per-Capita GDP Arizona Per-Capita GDP Arizona Population
2016 $50,577 $38,590 6,931,071
2015 $50,155 $38,414 6,817,565
2014 $49,253 $38,427 6,719,993
2013 $48,538 $38,303 6,624,617
2012 $48,173 $38,559 6,549,634
2011 $47,595 $38,257 6,467,163
2010 $47,287 $37,935 6,408,312
2009 $46,680 $38,232 6,343,154
2008 $48,401 $41,800 6,280,362
2007 $49,126 $44,168 6,167,681
2006 $48,880 $44,086 6,029,141

more history ...