Department of Numbers

New Jersey GDP

New Jersey GDP was $510,586,000,000 in 2016 according to BEA data. New Jersey GDP represents 3.12% of US GDP which made it the 8th 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 New Jersey

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
New Jersey $510.586 +1.19% +2.91% +6.35%

Trends in New Jersey Real GDP

Over the 5 years ending in 2016 the New Jersey economy grew in real terms by 6.35% at a compound annual growth rate of 1.24% per year. Real New Jersey GDP, at $510.586 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): New Jersey

Historical Real GDP (2009 Chained Dollars) data for New Jersey

Date New Jersey
(Billions)
2016 $510.586
2015 $504.605
2014 $496.542
2013 $496.128
2012 $489.453
2011 $480.101
2010 $484.410
2009 $482.143
2008 $503.365
2007 $502.104
2006 $499.482

more history ...

New Jersey GDP Components: Per-Capita GDP & Popuation

New Jersey per-capita GDP was $57,084 in 2016. which is $6,507 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 New Jersey

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
New Jersey Per-Capita GDP $57,084 +1.08% +2.39% +5.12%
New Jersey Population 8,944,469 +0.10% +0.51% +1.17%

Trends Real in New Jersey Real Per-Capita GDP & Population

Real New Jersey per-capita GDP is 5.12% higher today than 5 years prior in 2011. In that time the population in New Jersey grew by 103,226 (1.17%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth New Jersey shown above.

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

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

Date US Per-Capita GDP New Jersey Per-Capita GDP New Jersey Population
2016 $50,577 $57,084 8,944,469
2015 $50,155 $56,472 8,935,421
2014 $49,253 $55,635 8,925,001
2013 $48,538 $55,750 8,899,162
2012 $48,173 $55,161 8,873,211
2011 $47,595 $54,302 8,841,243
2010 $47,287 $55,023 8,803,729
2009 $46,680 $55,067 8,755,602
2008 $48,401 $57,784 8,711,090
2007 $49,126 $57,860 8,677,885
2006 $48,880 $57,666 8,661,679

more history ...