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.
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 |
more history ...
less history ...
Nominal GDP in Minnesota
|
2019 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Minnesota |
$383.777 |
+3.19% |
+12.32% |
+18.93% |
Trends in Minnesota Nominal GDP
Over the 5 years ending in 2019 the Minnesota economy grew in nominal terms by 18.93% at a compound annual growth rate of 3.53% per year.
Nominal Minnesota GDP, at $383.777 bn in 2019, is at the highest level recorded to date.
Nominal GDP: Minnesota
Historical Nominal GDP data for Minnesota
Date |
Minnesota |
2019 |
$383.777 |
2018 |
$371.930 |
2017 |
$353.416 |
2016 |
$341.696 |
2015 |
$333.066 |
2014 |
$322.690 |
2013 |
$308.784 |
2012 |
$296.272 |
2011 |
$285.408 |
2010 |
$272.636 |
2009 |
$260.513 |
2008 |
$264.866 |
2007 |
$259.296 |
2006 |
$250.157 |
2005 |
$243.070 |
2004 |
$230.245 |
2003 |
$214.847 |
2002 |
$202.854 |
2001 |
$195.282 |
2000 |
$190.894 |
1999 |
$175.156 |
1998 |
$166.874 |
1997 |
$156.282 |
more history ...
less history ...
Minnesota per-capita GDP was $68,050 in 2019.
which is $2,810 higher than the US per-capita GDP.
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 |
more history ...
less history ...
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 |
more history ...
less history ...
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you might go