Department of Numbers

Maryland GDP

Maryland GDP was $333,336,000,000 in 2016 according to BEA data. Maryland GDP represents 2.04% of US GDP which made it the 15th 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 Maryland

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Maryland $333.336 +1.29% +4.53% +5.23%

Trends in Maryland Real GDP

Over the 5 years ending in 2016 the Maryland economy grew in real terms by 5.23% at a compound annual growth rate of 1.02% per year. Real Maryland GDP, at $333.336 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Maryland

Historical Real GDP (2009 Chained Dollars) data for Maryland

Date Maryland
(Billions)
2016 $333.336
2015 $329.090
2014 $322.253
2013 $318.888
2012 $318.146
2011 $316.774
2010 $310.702
2009 $300.929
2008 $300.601
2007 $297.630
2006 $296.547

more history ...

Maryland GDP Components: Per-Capita GDP & Popuation

Maryland per-capita GDP was $55,404 in 2016. which is $4,827 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 Maryland

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Maryland Per-Capita GDP $55,404 +0.93% +3.05% +2.20%
Maryland Population 6,016,447 +0.36% +1.44% +2.96%

Trends Real in Maryland Real Per-Capita GDP & Population

Real Maryland per-capita GDP is 2.20% higher today than 5 years prior in 2011. In that time the population in Maryland grew by 172,844 (2.96%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Maryland shown above.

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

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

Date US Per-Capita GDP Maryland Per-Capita GDP Maryland Population
2016 $50,577 $55,404 6,016,447
2015 $50,155 $54,894 5,994,983
2014 $49,253 $54,003 5,967,295
2013 $48,538 $53,765 5,931,129
2012 $48,173 $54,018 5,889,651
2011 $47,595 $54,209 5,843,603
2010 $47,287 $53,675 5,788,584
2009 $46,680 $52,515 5,730,388
2008 $48,401 $52,877 5,684,965
2007 $49,126 $52,646 5,653,408
2006 $48,880 $52,697 5,627,367

more history ...