Minnesota GDP

Minnesota GDP was $383,777,000,000 in 2019 according to BEA data. Minnesota GDP represents 1.79% of US GDP which made it the 17th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Minnesota

	2019 (Billions)	1 Year Change	3 Year Change	5 Year Change
Minnesota	$383.777	+1.38%	+5.77%	+9.79%

Trends in Minnesota Real GDP

Over the 5 years ending in 2019 the Minnesota economy grew in real terms by 9.79% at a compound annual growth rate of 1.89% per year. Real Minnesota GDP, at $383.777 bn in 2019, is at the highest level recorded to date.

Real GDP (2019 Dollars): Minnesota

Historical Real GDP (2019 Dollars) data for Minnesota

Date	Minnesota (Billions)
2019	$383.777
2018	$378.569
2017	$368.362
2016	$362.843
2015	$357.391
2014	$349.551
2013	$340.678
2012	$332.610
2011	$326.559
2010	$318.460
2009	$307.845
2008	$315.376
2007	$314.749
2006	$311.814
2005	$312.147
2004	$304.889
2003	$292.160
2002	$280.973
2001	$274.763
2000	$274.478
1999	$257.482
1998	$248.849
1997	$235.678

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	2019 (Billions)	1 Year Change	3 Year Change	5 Year Change
Minnesota	$383.777	+3.19%	+12.32%	+18.93%

Minnesota GDP Components: Per-Capita GDP & Popuation

Minnesota per-capita GDP was $68,050 in 2019. which is $2,810 higher than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Minnesota

	2019	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$65,240	+1.67%	+5.93%	+9.49%
Minnesota Per-Capita GDP	$68,050	+0.78%	+3.58%	+6.12%
Minnesota Population	5,639,632	+0.60%	+2.12%	+3.46%

Trends Real in Minnesota Real Per-Capita GDP & Population

Real Minnesota per-capita GDP is 6.12% higher today than 5 years prior in 2014. In that time the population in Minnesota grew by 188,553 (3.46%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Minnesota shown above.

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

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

Date	US Per-Capita GDP	Minnesota Per-Capita GDP	Minnesota Population
2019	$65,240	$68,050	5,639,632
2018	$64,168	$67,526	5,606,249
2017	$62,633	$66,178	5,566,230
2016	$61,590	$65,700	5,522,744
2015	$60,982	$65,193	5,482,032
2014	$59,587	$64,125	5,451,079
2013	$58,537	$62,931	5,413,479
2012	$57,870	$61,862	5,376,643
2011	$56,997	$61,083	5,346,143
2010	$56,531	$59,964	5,310,828
2009	$55,573	$58,291	5,281,203
2008	$57,524	$60,106	5,247,018
2007	$58,146	$60,445	5,207,203
2006	$57,626	$60,387	5,163,555
2005	$56,560	$60,971	5,119,598
2004	$55,150	$59,927	5,087,713
2003	$53,613	$57,812	5,053,572
2002	$52,605	$55,983	5,018,935
2001	$52,200	$55,142	4,982,796
2000	$52,201	$55,633	4,933,692
1999	$50,683	$53,917	4,775,508
1998	$48,939	$52,651	4,726,411
1997	$47,389	$50,276	4,687,726

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Nominal GDP in Minnesota

	2019	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$65,240	+3.49%	+12.48%	+14.95%
Minnesota Per-Capita GDP	$68,050	+2.57%	+9.99%	+14.95%
Minnesota Population	5,639,632	+0.60%	+2.12%	+3.46%

Trends in Nominal Minnesota Real Per-Capita GDP & Population

Nominal Minnesota per-capita GDP is 14.95% higher today than 5 years prior in 2014. In that time the population in Minnesota grew by 188,553 (3.46%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Minnesota shown above.

Nominal Per-Capita GDP: Minnesota, National

Historical Nominal Per-Capita GDP and Population data for Minnesota

Date	US Per-Capita GDP	Minnesota Per-Capita GDP	Minnesota Population
2019	$65,240	$68,050	5,639,632
2018	$63,043	$66,342	5,606,249
2017	$60,092	$63,493	5,566,230
2016	$58,001	$61,871	5,522,744
2015	$56,832	$60,756	5,482,032
2014	$55,008	$59,197	5,451,079
2013	$53,057	$57,040	5,413,479
2012	$51,548	$55,104	5,376,643
2011	$49,814	$53,386	5,346,143
2010	$48,397	$51,336	5,310,828
2009	$47,028	$49,328	5,281,203
2008	$48,311	$50,479	5,247,018
2007	$47,902	$49,796	5,207,203
2006	$46,231	$48,447	5,163,555
2005	$44,044	$47,478	5,119,598
2004	$41,648	$45,255	5,087,713
2003	$39,426	$42,514	5,053,572
2002	$37,980	$40,418	5,018,935
2001	$37,100	$39,191	4,982,796
2000	$36,305	$38,692	4,933,692
1999	$34,478	$36,678	4,775,508
1998	$32,818	$35,307	4,726,411
1997	$31,424	$33,339	4,687,726

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Department of Numbers

The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.

Minnesota GDP

Real GDP (2019 Dollars) in Minnesota

Trends in Minnesota Real GDP

Real GDP (2019 Dollars): Minnesota

Historical Real GDP (2019 Dollars) data for Minnesota

Nominal GDP in Minnesota

Trends in Minnesota Nominal GDP

Nominal GDP: Minnesota

Historical Nominal GDP data for Minnesota

Minnesota GDP Components: Per-Capita GDP & Popuation

Real GDP (2019 Dollars) in Minnesota

Trends Real in Minnesota Real Per-Capita GDP & Population

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

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

Nominal GDP in Minnesota

Trends in Nominal Minnesota Real Per-Capita GDP & Population

Nominal Per-Capita GDP: Minnesota, National

Historical Nominal Per-Capita GDP and Population data for Minnesota

Department of Numbers

GDP by State

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