Minnesota GDP

Minnesota GDP was $296,443,000,000 in 2016 according to BEA data. Minnesota GDP represents 1.81% of US GDP which made it the 17th largest state economy in the nation in 2016. Real dollar values expressed in 2009 chained dollars.

Real GDP (2009 Chained Dollars) in Minnesota

Trends in Minnesota Real GDP

Over the 5 years ending in 2016 the Minnesota economy grew in real terms by 8.94% at a compound annual growth rate of 1.73% per year. Real Minnesota GDP, at $296.443 bn in 2016, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): Minnesota

Historical Real GDP (2009 Chained Dollars) data for Minnesota

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Minnesota per-capita GDP was $53,704 in 2016. which is $3,127 higher than the US per-capita GDP. Real dollar values expressed in 2009 chained dollars.

Real GDP (2009 Chained Dollars) in Minnesota

Trends Real in Minnesota Real Per-Capita GDP & Population

Real Minnesota per-capita GDP is 5.56% higher today than 5 years prior in 2011. In that time the population in Minnesota grew by 171,390 (3.20%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Minnesota shown above.

Real Per-Capita GDP (2009 Chained Dollars): Minnesota, National

Historical Real Per-Capita GDP (2009 Chained Dollars) and Population data for Minnesota

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