Alabama GDP

Alabama GDP was $247,092,000,000 in 2021 according to BEA data. Alabama GDP represents 1.07% of US GDP which made it the 27th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Alabama

	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Alabama	$247.093	+4.56%	+2.79%	+6.44%

Trends in Alabama Real GDP

Over the 5 years ending in 2021 the Alabama economy grew in real terms by 6.44% at a compound annual growth rate of 1.26% per year. Real Alabama GDP, at $247.093 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Alabama

Historical Real GDP (2021 Dollars) data for Alabama

Date	Alabama (Billions)
2021	$247.093
2020	$236.324
2019	$243.680
2018	$240.393
2017	$236.292
2016	$232.137
2015	$228.815
2014	$225.433
2013	$226.601
2012	$224.010
2011	$221.774
2010	$218.175
2009	$212.926
2008	$218.798
2007	$221.013
2006	$218.449
2005	$214.878
2004	$206.087
2003	$192.189
2002	$186.271
2001	$182.364
2000	$181.824
1999	$179.473
1998	$173.398
1997	$166.757

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	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Alabama	$247.093	+8.90%	+10.29%	+19.16%

Alabama GDP Components: Per-Capita GDP & Popuation

Alabama per-capita GDP was $49,027 in 2021. which is $20,193 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Alabama

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+5.53%	+3.34%	+7.37%
Alabama Per-Capita GDP	$49,027	+4.24%	-0.24%	+2.79%
Alabama Population	5,039,877	+0.30%	+3.03%	+3.56%

Trends Real in Alabama Real Per-Capita GDP & Population

Real Alabama per-capita GDP is 2.79% higher today than 5 years prior in 2016. In that time the population in Alabama grew by 173,053 (3.56%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Alabama shown above.

Real Per-Capita GDP (2021 Dollars): Alabama, National

Historical Real Per-Capita GDP (2021 Dollars) and Population data for Alabama

Date	US Per-Capita GDP	Alabama Per-Capita GDP	Alabama Population
2021	$69,221	$49,027	5,039,877
2020	$65,595	$47,031	5,024,803
2019	$68,164	$49,650	4,907,965
2018	$66,987	$49,144	4,891,628
2017	$65,472	$48,440	4,877,989
2016	$64,472	$47,698	4,866,824
2015	$63,906	$47,132	4,854,803
2014	$62,711	$46,541	4,843,737
2013	$61,792	$46,900	4,831,586
2012	$61,132	$46,508	4,816,632
2011	$60,234	$46,206	4,799,642
2010	$59,785	$45,591	4,785,514
2009	$58,700	$44,752	4,757,938
2008	$60,801	$46,373	4,718,206
2007	$61,300	$47,297	4,672,840
2006	$60,671	$47,192	4,628,981
2005	$59,591	$47,021	4,569,805
2004	$58,122	$45,487	4,530,729
2003	$56,474	$42,676	4,503,491
2002	$55,447	$41,577	4,480,089
2001	$55,044	$40,819	4,467,634
2000	$55,069	$40,839	4,452,173
1999	$53,494	$41,071	4,369,862
1998	$51,633	$39,852	4,351,037
1997	$49,997	$38,599	4,320,281

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Nominal GDP in Alabama

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+9.91%	+10.87%	+15.06%
Alabama Per-Capita GDP	$49,027	+8.58%	+7.04%	+15.06%
Alabama Population	5,039,877	+0.30%	+3.03%	+3.56%

Trends in Nominal Alabama Real Per-Capita GDP & Population

Nominal Alabama per-capita GDP is 15.06% higher today than 5 years prior in 2016. In that time the population in Alabama grew by 173,053 (3.56%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Alabama shown above.

Nominal Per-Capita GDP: Alabama, National

Historical Nominal Per-Capita GDP and Population data for Alabama

Date	US Per-Capita GDP	Alabama Per-Capita GDP	Alabama Population
2021	$69,221	$49,027	5,039,877
2020	$62,978	$45,155	5,024,803
2019	$64,665	$47,101	4,907,965
2018	$62,432	$45,802	4,891,628
2017	$59,596	$44,093	4,877,989
2016	$57,593	$42,609	4,866,824
2015	$56,521	$41,685	4,854,803
2014	$54,914	$40,755	4,843,737
2013	$53,117	$40,315	4,831,586
2012	$51,645	$39,290	4,816,632
2011	$49,952	$38,319	4,799,642
2010	$48,570	$37,039	4,785,514
2009	$47,123	$35,925	4,757,938
2008	$48,498	$36,990	4,718,206
2007	$47,976	$37,017	4,672,840
2006	$46,234	$35,962	4,628,981
2005	$44,052	$34,760	4,569,805
2004	$41,660	$32,603	4,530,729
2003	$39,420	$29,789	4,503,491
2002	$37,954	$28,460	4,480,089
2001	$37,100	$27,512	4,467,634
2000	$36,300	$26,920	4,452,173
1999	$34,480	$26,472	4,369,862
1998	$32,818	$25,330	4,351,037
1997	$31,424	$24,260	4,320,281

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Department of Numbers

The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.

Alabama GDP

Real GDP (2021 Dollars) in Alabama

Trends in Alabama Real GDP

Real GDP (2021 Dollars): Alabama

Historical Real GDP (2021 Dollars) data for Alabama

Nominal GDP in Alabama

Trends in Alabama Nominal GDP

Nominal GDP: Alabama

Historical Nominal GDP data for Alabama

Alabama GDP Components: Per-Capita GDP & Popuation

Real GDP (2021 Dollars) in Alabama

Trends Real in Alabama Real Per-Capita GDP & Population

Real Per-Capita GDP (2021 Dollars): Alabama, National

Historical Real Per-Capita GDP (2021 Dollars) and Population data for Alabama

Nominal GDP in Alabama

Trends in Nominal Alabama Real Per-Capita GDP & Population

Nominal Per-Capita GDP: Alabama, National

Historical Nominal Per-Capita GDP and Population data for Alabama

Department of Numbers

GDP by State

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