Department of Numbers

Iowa GDP

Iowa GDP was $154,651,000,000 in 2015 according to BEA data. Iowa GDP represents 0.97% of US GDP which made it the 30th largest state economy in the nation in 2015. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Iowa

2015
(Billions)
1 Year Change 3 Year Change 5 Year Change
Iowa $154.651 +0.76% +4.19% +10.75%

Trends in Iowa Real GDP

Over the 5 years ending in 2015 the Iowa economy grew in real terms by 10.75% at a compound annual growth rate of 2.06% per year. Real Iowa GDP, at $154.651 bn in 2015, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Iowa

Historical Real GDP (2009 Chained Dollars) data for Iowa

Date Iowa
(Billions)
2015 $154.651
2014 $153.482
2013 $149.313
2012 $148.427
2011 $143.109
2010 $139.639
2009 $136.596
2008 $139.062
2007 $142.181
2006 $137.287
2005 $135.715

more history ...

Iowa GDP Components: Per-Capita GDP & Popuation

Iowa per-capita GDP was $49,500 in 2015. which is $344 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 Iowa

2015 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $49,844 +1.53% +3.51% +5.41%
Iowa Per-Capita GDP $49,500 +0.21% +2.58% +8.13%
Iowa Population 3,124,287 +0.55% +1.57% +2.43%

Trends Real in Iowa Real Per-Capita GDP & Population

Real Iowa per-capita GDP is 8.13% higher today than 5 years prior in 2010. In that time the population in Iowa grew by 73,992 (2.43%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Iowa shown above.

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

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

Date US Per-Capita GDP Iowa Per-Capita GDP Iowa Population
2015 $49,844 $49,500 3,124,287
2014 $49,091 $49,397 3,107,126
2013 $48,396 $48,285 3,092,341
2012 $48,156 $48,254 3,075,935
2011 $47,586 $46,693 3,064,904
2010 $47,287 $45,779 3,050,295
2009 $46,680 $45,038 3,032,870
2008 $48,401 $46,097 3,016,734
2007 $49,126 $47,406 2,999,212
2006 $48,909 $46,029 2,982,644
2005 $48,090 $45,781 2,964,454

more history ...

Employees Share of Compensation as Fraction of GDP

The Iowa employee share of compensation (the fraction of GDP going towards employee income) in 2014 was 49.71%. This is 3.87% below US employee compensation share.

2014 1 Year Change 3 Year Change 5 Year Change
United States 53.58% +0.26% +0.02% -0.70%
Iowa 49.71% +0.45% -0.39% -2.66%

Trends in Employee Compensation for Iowa

Employee share of compensation in Iowa has declined over the past 5 years by 2.66%. Employee share of compensation is currently (3.87%) below than the United States as a whole. Iowa employee share was at the highest in 2001 when it reached 55.63%. Since then it has declined 5.93% to its current value of 49.71%. From a low point of 49.25% in 2013, Iowa employee share has now grown by 0.45% to 49.71%.

Employee Compensation as a Percent of GDP: Iowa, National

Historical Employee Compensation as a Percent of Iowa GDP

Date National Iowa
2014 53.58% 49.71%
2013 53.32% 49.25%
2012 53.57% 49.53%
2011 53.56% 50.09%
2010 53.47% 51.30%
2009 54.28% 52.36%
2008 55.16% 52.97%
2007 54.81% 50.78%
2006 54.38% 51.61%
2005 54.36% 50.78%
2004 55.14% 50.62%

more history ...