Department of Numbers

Montana GDP

Montana GDP was $41,030,000,000 in 2016 according to BEA data. Montana GDP represents 0.25% of US GDP which made it the 49th 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 Montana

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Montana $41.030 +0.18% +5.14% +6.69%

Trends in Montana Real GDP

Over the 5 years ending in 2016 the Montana economy grew in real terms by 6.69% at a compound annual growth rate of 1.30% per year. Real Montana GDP, at $41.030 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Montana

Historical Real GDP (2009 Chained Dollars) data for Montana

Date Montana
(Billions)
2016 $41.030
2015 $40.958
2014 $40.111
2013 $39.026
2012 $38.737
2011 $38.458
2010 $37.380
2009 $36.079
2008 $36.749
2007 $36.720
2006 $35.030

more history ...

Montana GDP Components: Per-Capita GDP & Popuation

Montana per-capita GDP was $39,356 in 2016. which is $11,221 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 Montana

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Montana Per-Capita GDP $39,356 -0.83% +2.29% +2.11%
Montana Population 1,042,520 +1.01% +2.78% +4.48%

Trends Real in Montana Real Per-Capita GDP & Population

Real Montana per-capita GDP is 2.11% higher today than 5 years prior in 2011. In that time the population in Montana grew by 44,699 (4.48%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Montana shown above.

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

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

Date US Per-Capita GDP Montana Per-Capita GDP Montana Population
2016 $50,577 $39,356 1,042,520
2015 $50,155 $39,686 1,032,073
2014 $49,253 $39,214 1,022,867
2013 $48,538 $38,476 1,014,314
2012 $48,173 $38,537 1,005,196
2011 $47,595 $38,542 997,821
2010 $47,287 $37,733 990,641
2009 $46,680 $36,667 983,982
2008 $48,401 $37,636 976,415
2007 $49,126 $38,063 964,706
2006 $48,880 $36,769 952,692

more history ...