Department of Numbers

Alabama GDP

Alabama GDP was $228,143,000,000 in 2019 according to BEA data. Alabama GDP represents 1.06% of US GDP which made it the 27th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Alabama

2019
(Billions)
1 Year Change 3 Year Change 5 Year Change
Alabama $228.143 +1.41% +5.08% +7.98%

Trends in Alabama Real GDP

Over the 5 years ending in 2019 the Alabama economy grew in real terms by 7.98% at a compound annual growth rate of 1.55% per year. Real Alabama GDP, at $228.143 bn in 2019, is at the highest level recorded to date.

Real GDP (2019 Dollars): Alabama

Historical Real GDP (2019 Dollars) data for Alabama

Date Alabama
(Billions)
2019 $228.143
2018 $224.977
2017 $219.814
2016 $217.108
2015 $214.819
2014 $211.273
2013 $212.015
2012 $209.435
2011 $208.161
2010 $204.962
2009 $199.857

more history ...

Alabama GDP Components: Per-Capita GDP & Popuation

Alabama per-capita GDP was $46,529 in 2019. which is $18,711 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Alabama

2019 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $65,240 +1.67% +5.93% +9.49%
Alabama Per-Capita GDP $46,529 +1.09% +4.23% +6.63%
Alabama Population 4,903,185 +0.32% +0.82% +1.27%

Trends Real in Alabama Real Per-Capita GDP & Population

Real Alabama per-capita GDP is 6.63% higher today than 5 years prior in 2014. In that time the population in Alabama grew by 61,386 (1.27%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Alabama shown above.

Real Per-Capita GDP (2019 Dollars): Alabama, National

Historical Real Per-Capita GDP (2019 Dollars) and Population data for Alabama

Date US Per-Capita GDP Alabama Per-Capita GDP Alabama Population
2019 $65,240 $46,529 4,903,185
2018 $64,168 $46,029 4,887,681
2017 $62,633 $45,095 4,874,486
2016 $61,590 $44,640 4,863,525
2015 $60,982 $44,271 4,852,347
2014 $59,587 $43,635 4,841,799
2013 $58,537 $43,895 4,830,081
2012 $57,870 $43,491 4,815,588
2011 $56,997 $43,375 4,799,069
2010 $56,531 $42,830 4,785,437
2009 $55,573 $42,005 4,757,938

more history ...