Department of Numbers

Maryland GDP

Maryland GDP was $438,235,000,000 in 2021 according to BEA data. Maryland GDP represents 1.91% of US GDP which made it the 15th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Maryland

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
Maryland $438.235 +2.45% -0.65% +0.97%

Trends in Maryland Real GDP

Over the 5 years ending in 2021 the Maryland economy grew in real terms by 0.97% at a compound annual growth rate of 0.19% per year. Maryland GDP was at its highest in 2019 when it reached $444.422 bn. It is now $6.187 bn (1.39%) lower.

Real GDP (2021 Dollars): Maryland

Historical Real GDP (2021 Dollars) data for Maryland

Date Maryland
(Billions)
2021 $438.235
2020 $427.738
2019 $444.422
2018 $441.094
2017 $439.883
2016 $434.046
2015 $418.037
2014 $402.844
2013 $396.204
2012 $393.608
2011 $393.443

more history ...

Maryland GDP Components: Per-Capita GDP & Popuation

Maryland per-capita GDP was $71,083 in 2021. which is $1,862 higher than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Maryland

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
Maryland Per-Capita GDP $71,083 +2.58% -2.63% -1.62%
Maryland Population 6,165,129 -0.12% +2.04% +2.63%

Trends Real in Maryland Real Per-Capita GDP & Population

Real Maryland per-capita GDP is 1.62% lower today than 5 years prior in 2016. In that time the population in Maryland grew by 158,115 (2.63%) people. The per-capita GDP decline plus the population growth are approximatly equal to the GDP decline Maryland shown above.

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

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

Date US Per-Capita GDP Maryland Per-Capita GDP Maryland Population
2021 $69,221 $71,083 6,165,129
2020 $65,595 $69,295 6,172,679
2019 $68,164 $73,398 6,054,954
2018 $66,987 $73,003 6,042,153
2017 $65,472 $72,971 6,028,186
2016 $64,472 $72,256 6,007,014
2015 $63,906 $69,806 5,988,528
2014 $62,711 $67,590 5,960,064
2013 $61,792 $66,868 5,925,197
2012 $61,132 $66,845 5,888,375
2011 $60,234 $67,368 5,840,241

more history ...