Department of Numbers

North Dakota GDP

North Dakota GDP was $47,628,000,000 in 2016 according to BEA data. North Dakota GDP represents 0.29% of US GDP which made it the 46th 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 North Dakota

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
North Dakota $47.628 -6.50% -2.76% +21.76%

Trends in North Dakota Real GDP

Over the 5 years ending in 2016 the North Dakota economy grew in real terms by 21.76% at a compound annual growth rate of 4.02% per year. North Dakota GDP was at its highest in 2014 when it reached $52.575 bn. It is now $4.947 bn (9.41%) lower.

Real GDP (2009 Chained Dollars): North Dakota

Historical Real GDP (2009 Chained Dollars) data for North Dakota

Date North Dakota
(Billions)
2016 $47.628
2015 $50.939
2014 $52.575
2013 $48.981
2012 $47.816
2011 $39.117
2010 $35.200
2009 $32.489
2008 $31.812
2007 $28.976
2006 $27.771

more history ...

North Dakota GDP Components: Per-Capita GDP & Popuation

North Dakota per-capita GDP was $62,837 in 2016. which is $12,260 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 North Dakota

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
North Dakota Per-Capita GDP $62,837 -6.64% -7.12% +10.11%
North Dakota Population 757,952 +0.15% +4.69% +10.57%

Trends Real in North Dakota Real Per-Capita GDP & Population

Real North Dakota per-capita GDP is 10.11% higher today than 5 years prior in 2011. In that time the population in North Dakota grew by 72,476 (10.57%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth North Dakota shown above.

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

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

Date US Per-Capita GDP North Dakota Per-Capita GDP North Dakota Population
2016 $50,577 $62,837 757,952
2015 $50,155 $67,305 756,835
2014 $49,253 $71,056 739,904
2013 $48,538 $67,651 724,019
2012 $48,173 $68,105 702,087
2011 $47,595 $57,066 685,476
2010 $47,287 $52,185 674,526
2009 $46,680 $48,858 664,968
2008 $48,401 $48,379 657,569
2007 $49,126 $44,385 652,822
2006 $48,880 $42,762 649,422

more history ...