Department of Numbers

New Mexico GDP

New Mexico GDP was $86,046,000,000 in 2016 according to BEA data. New Mexico GDP represents 0.53% of US GDP which made it the 38th 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 Mexico

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
New Mexico $86.046 -0.52% +4.05% +3.10%

Trends in New Mexico Real GDP

Over the 5 years ending in 2016 the New Mexico economy grew in real terms by 3.10% at a compound annual growth rate of 0.61% per year. New Mexico GDP was at its highest in 2015 when it reached $86.495 bn. It is now $0.449 bn (0.52%) lower.

Real GDP (2009 Chained Dollars): New Mexico

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

Date New Mexico
(Billions)
2016 $86.046
2015 $86.495
2014 $85.075
2013 $82.696
2012 $83.547
2011 $83.457
2010 $83.203
2009 $82.838
2008 $82.853
2007 $80.984
2006 $80.852

more history ...

New Mexico GDP Components: Per-Capita GDP & Popuation

New Mexico per-capita GDP was $41,348 in 2016. which is $9,229 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 New Mexico

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
New Mexico Per-Capita GDP $41,348 -0.55% +4.26% +2.94%
New Mexico Population 2,081,015 +0.03% -0.20% +0.16%

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

Real New Mexico per-capita GDP is 2.94% higher today than 5 years prior in 2011. In that time the population in New Mexico grew by 3,259 (0.16%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth New Mexico shown above.

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

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

Date US Per-Capita GDP New Mexico Per-Capita GDP New Mexico Population
2016 $50,577 $41,348 2,081,015
2015 $50,155 $41,577 2,080,328
2014 $49,253 $40,842 2,083,024
2013 $48,538 $39,659 2,085,193
2012 $48,173 $40,094 2,083,784
2011 $47,595 $40,167 2,077,756
2010 $47,287 $40,297 2,064,756
2009 $46,680 $40,670 2,036,802
2008 $48,401 $41,207 2,010,662
2007 $49,126 $40,694 1,990,070
2006 $48,880 $41,206 1,962,137

more history ...