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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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

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