Department of Numbers

Iowa GDP

Iowa GDP was $219,842,000,000 in 2021 according to BEA data. Iowa GDP represents 0.96% of US GDP which made it the 30th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Iowa

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
Iowa $219.842 +8.65% +7.61% +8.49%

Trends in Iowa Real GDP

Over the 5 years ending in 2021 the Iowa economy grew in real terms by 8.49% at a compound annual growth rate of 1.64% per year. Real Iowa GDP, at $219.842 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Iowa

Historical Real GDP (2021 Dollars) data for Iowa

Date Iowa
(Billions)
2021 $219.842
2020 $202.339
2019 $204.837
2018 $204.295
2017 $201.646
2016 $202.632
2015 $203.857
2014 $197.671
2013 $188.692
2012 $187.662
2011 $179.040

more history ...

Iowa GDP Components: Per-Capita GDP & Popuation

Iowa per-capita GDP was $68,849 in 2021. which is $371 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Iowa

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
Iowa Per-Capita GDP $68,849 +8.50% +6.15% +6.46%
Iowa Population 3,193,079 +0.14% +1.37% +1.91%

Trends Real in Iowa Real Per-Capita GDP & Population

Real Iowa per-capita GDP is 6.46% higher today than 5 years prior in 2016. In that time the population in Iowa grew by 59,869 (1.91%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Iowa shown above.

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

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

Date US Per-Capita GDP Iowa Per-Capita GDP Iowa Population
2021 $69,221 $68,849 3,193,079
2020 $65,595 $63,456 3,188,669
2019 $68,164 $64,830 3,159,596
2018 $66,987 $64,858 3,149,900
2017 $65,472 $64,142 3,143,734
2016 $64,472 $64,672 3,133,210
2015 $63,906 $65,286 3,122,541
2014 $62,711 $63,547 3,110,643
2013 $61,792 $60,988 3,093,935
2012 $61,132 $60,992 3,076,844
2011 $60,234 $58,381 3,066,772

more history ...