Department of Numbers

New Mexico GDP

New Mexico GDP was $105,143,000,000 in 2019 according to BEA data. New Mexico GDP represents 0.49% of US GDP which made it the 38th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in New Mexico

2019
(Billions)
1 Year Change 3 Year Change 5 Year Change
New Mexico $105.143 +3.22% +8.52% +4.84%

Trends in New Mexico Real GDP

Over the 5 years ending in 2019 the New Mexico economy grew in real terms by 4.84% at a compound annual growth rate of 0.95% per year. Real New Mexico GDP, at $105.143 bn in 2019, is at the highest level recorded to date.

Real GDP (2019 Dollars): New Mexico

Historical Real GDP (2019 Dollars) data for New Mexico

Date New Mexico
(Billions)
2019 $105.143
2018 $101.867
2017 $98.451
2016 $96.887
2015 $97.992
2014 $100.293
2013 $97.677
2012 $98.394
2011 $99.182
2010 $98.163
2009 $96.887

more history ...

New Mexico GDP Components: Per-Capita GDP & Popuation

New Mexico per-capita GDP was $50,144 in 2019. which is $15,096 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in New Mexico

2019 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $65,240 +1.67% +5.93% +9.49%
New Mexico Per-Capita GDP $50,144 +3.02% +8.25% +4.47%
New Mexico Population 2,096,829 +0.20% +0.25% +0.35%

Trends Real in New Mexico Real Per-Capita GDP & Population

Real New Mexico per-capita GDP is 4.47% higher today than 5 years prior in 2014. In that time the population in New Mexico grew by 7,261 (0.35%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth New Mexico shown above.

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

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

Date US Per-Capita GDP New Mexico Per-Capita GDP New Mexico Population
2019 $65,240 $50,144 2,096,829
2018 $64,168 $48,676 2,092,741
2017 $62,633 $47,066 2,091,784
2016 $61,590 $46,321 2,091,630
2015 $60,982 $46,902 2,089,291
2014 $59,587 $47,997 2,089,568
2013 $58,537 $46,685 2,092,273
2012 $57,870 $47,139 2,087,309
2011 $56,997 $47,673 2,080,449
2010 $56,531 $47,547 2,064,552
2009 $55,573 $47,568 2,036,802

more history ...