Department of Numbers

Illinois GDP

Illinois GDP was $885,583,000,000 in 2019 according to BEA data. Illinois GDP represents 4.13% of US GDP which made it the 5th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Illinois

2019
(Billions)
1 Year Change 3 Year Change 5 Year Change
Illinois $885.583 +0.81% +3.73% +6.71%

Trends in Illinois Real GDP

Over the 5 years ending in 2019 the Illinois economy grew in real terms by 6.71% at a compound annual growth rate of 1.31% per year. Real Illinois GDP, at $885.583 bn in 2019, is at the highest level recorded to date.

Real GDP (2019 Dollars): Illinois

Historical Real GDP (2019 Dollars) data for Illinois

Date Illinois
(Billions)
2019 $885.583
2018 $878.446
2017 $858.613
2016 $853.699
2015 $853.411
2014 $829.894
2013 $810.705
2012 $809.298
2011 $787.142
2010 $772.934
2009 $762.362

more history ...

Illinois GDP Components: Per-Capita GDP & Popuation

Illinois per-capita GDP was $69,886 in 2019. which is $4,646 higher than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Illinois

2019 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $65,240 +1.67% +5.93% +9.49%
Illinois Per-Capita GDP $69,886 +1.22% +4.95% +8.50%
Illinois Population 12,671,821 -0.40% -1.16% -1.65%

Trends Real in Illinois Real Per-Capita GDP & Population

Real Illinois per-capita GDP is 8.50% higher today than 5 years prior in 2014. In that time the population in Illinois shrank by 212,672 (-1.65%) people. The per-capita GDP growth plus the population decline are approximatly equal to the GDP growth Illinois shown above.

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

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

Date US Per-Capita GDP Illinois Per-Capita GDP Illinois Population
2019 $65,240 $69,886 12,671,821
2018 $64,168 $69,044 12,723,071
2017 $62,633 $67,190 12,778,828
2016 $61,590 $66,588 12,820,527
2015 $60,982 $66,367 12,858,913
2014 $59,587 $64,410 12,884,493
2013 $58,537 $62,869 12,895,129
2012 $57,870 $62,821 12,882,510
2011 $56,997 $61,173 12,867,454
2010 $56,531 $60,195 12,840,503
2009 $55,573 $59,574 12,796,778

more history ...