Department of Numbers

North Dakota GDP

North Dakota GDP was $57,181,000,000 in 2019 according to BEA data. North Dakota GDP represents 0.27% of US GDP which made it the 45th largest state economy in the nation in 2019.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in North Dakota

2019
(Billions)
1 Year Change 3 Year Change 5 Year Change
North Dakota $57.181 -0.19% +6.02% -10.04%

Trends in North Dakota Real GDP

Over the 5 years ending in 2019 the North Dakota economy shrank in real terms by -10.04% at a compound annual growth rate of -2.09% per year. North Dakota GDP was at its highest in 2014 when it reached $63.565 bn. It is now $6.384 bn (10.04%) lower.

Real GDP (2019 Dollars): North Dakota

Historical Real GDP (2019 Dollars) data for North Dakota

Date North Dakota
(Billions)
2019 $57.181
2018 $57.292
2017 $54.832
2016 $53.936
2015 $59.091
2014 $63.565
2013 $59.283
2012 $57.956
2011 $47.412
2010 $41.688
2009 $38.097

more history ...

North Dakota GDP Components: Per-Capita GDP & Popuation

North Dakota per-capita GDP was $75,034 in 2019. which is $9,794 higher than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2019 Dollars) in North Dakota

2019 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $65,240 +1.67% +5.93% +9.49%
North Dakota Per-Capita GDP $75,034 -0.71% +4.96% -12.95%
North Dakota Population 762,062 +0.53% +1.01% +3.34%

Trends Real in North Dakota Real Per-Capita GDP & Population

Real North Dakota per-capita GDP is 12.95% lower today than 5 years prior in 2014. In that time the population in North Dakota grew by 24,661 (3.34%) people. The per-capita GDP decline plus the population growth are approximatly equal to the GDP decline North Dakota shown above.

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

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

Date US Per-Capita GDP North Dakota Per-Capita GDP North Dakota Population
2019 $65,240 $75,034 762,062
2018 $64,168 $75,575 758,080
2017 $62,633 $72,631 754,942
2016 $61,590 $71,492 754,434
2015 $60,982 $78,363 754,066
2014 $59,587 $86,201 737,401
2013 $58,537 $82,106 722,036
2012 $57,870 $82,656 701,176
2011 $56,997 $69,192 685,225
2010 $56,531 $61,786 674,715
2009 $55,573 $57,292 664,968

more history ...