Department of Numbers

Illinois GDP

Illinois GDP was $692,453,000,000 in 2016 according to BEA data. Illinois GDP represents 4.24% of US GDP which made it the 5th 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 Illinois

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Illinois $692.453 +0.94% +3.47% +5.17%

Trends in Illinois Real GDP

Over the 5 years ending in 2016 the Illinois economy grew in real terms by 5.17% at a compound annual growth rate of 1.01% per year. Real Illinois GDP, at $692.453 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Illinois

Historical Real GDP (2009 Chained Dollars) data for Illinois

Date Illinois
(Billions)
2016 $692.453
2015 $686.010
2014 $679.343
2013 $669.261
2012 $671.493
2011 $658.411
2010 $645.983
2009 $638.032
2008 $655.275
2007 $671.051
2006 $663.632

more history ...

Illinois GDP Components: Per-Capita GDP & Popuation

Illinois per-capita GDP was $54,091 in 2016. which is $3,514 higher 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 Illinois

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Illinois Per-Capita GDP $54,091 +1.23% +4.10% +5.65%
Illinois Population 12,801,539 -0.29% -0.61% -0.45%

Trends Real in Illinois Real Per-Capita GDP & Population

Real Illinois per-capita GDP is 5.65% higher today than 5 years prior in 2011. In that time the population in Illinois shrank by 58,473 (-0.45%) people. The per-capita GDP growth plus the population decline are approximatly equal to the GDP growth Illinois shown above.

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

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

Date US Per-Capita GDP Illinois Per-Capita GDP Illinois Population
2016 $50,577 $54,091 12,801,539
2015 $50,155 $53,432 12,839,047
2014 $49,253 $52,795 12,867,544
2013 $48,538 $51,963 12,879,505
2012 $48,173 $52,172 12,870,798
2011 $47,595 $51,198 12,860,012
2010 $47,287 $50,304 12,841,578
2009 $46,680 $49,859 12,796,778
2008 $48,401 $51,406 12,747,038
2007 $49,126 $52,856 12,695,866
2006 $48,880 $52,486 12,643,955

more history ...