Department of Numbers

Montana GDP

Montana GDP was $52,935,000,000 in 2019 according to BEA data. Montana GDP represents 0.25% of US GDP which made it the 48th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Montana

2019
(Billions)
1 Year Change 3 Year Change 5 Year Change
Montana $52.935 +2.59% +9.13% +9.55%

Trends in Montana Real GDP

Over the 5 years ending in 2019 the Montana economy grew in real terms by 9.55% at a compound annual growth rate of 1.84% per year. Real Montana GDP, at $52.935 bn in 2019, is at the highest level recorded to date.

Real GDP (2019 Dollars): Montana

Historical Real GDP (2019 Dollars) data for Montana

Date Montana
(Billions)
2019 $52.935
2018 $51.597
2017 $49.975
2016 $48.507
2015 $49.648
2014 $48.322
2013 $47.592
2012 $47.198
2011 $46.473
2010 $44.507
2009 $42.578

more history ...

Montana GDP Components: Per-Capita GDP & Popuation

Montana per-capita GDP was $49,528 in 2019. which is $15,712 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in Montana

2019 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $65,240 +1.67% +5.93% +9.49%
Montana Per-Capita GDP $49,528 +1.81% +6.28% +4.74%
Montana Population 1,068,778 +0.76% +2.68% +4.59%

Trends Real in Montana Real Per-Capita GDP & Population

Real Montana per-capita GDP is 4.74% higher today than 5 years prior in 2014. In that time the population in Montana grew by 46,909 (4.59%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Montana shown above.

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

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

Date US Per-Capita GDP Montana Per-Capita GDP Montana Population
2019 $65,240 $49,528 1,068,778
2018 $64,168 $48,646 1,060,665
2017 $62,633 $47,483 1,052,482
2016 $61,590 $46,603 1,040,858
2015 $60,982 $48,180 1,030,474
2014 $59,587 $47,288 1,021,869
2013 $58,537 $46,955 1,013,569
2012 $57,870 $47,020 1,003,783
2011 $56,997 $46,598 997,316
2010 $56,531 $44,925 990,697
2009 $55,573 $43,271 983,982

more history ...