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.
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 |
2008 |
$37.926 |
2007 |
$34.937 |
2006 |
$32.669 |
2005 |
$31.413 |
2004 |
$30.658 |
2003 |
$30.015 |
2002 |
$28.019 |
2001 |
$26.678 |
2000 |
$25.901 |
1999 |
$25.016 |
1998 |
$25.092 |
1997 |
$23.778 |
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Nominal GDP in North Dakota
|
2019 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
North Dakota |
$57.181 |
+1.59% |
+12.58% |
-2.55% |
Trends in North Dakota Nominal GDP
Over the 5 years ending in 2019 the North Dakota economy shrank in nominal terms by -2.55% at a compound annual growth rate of -0.52% per year.
North Dakota GDP was at its highest in 2014 when it reached $58.680 bn. It is now $1.499 bn (2.55%) lower.
Nominal GDP: North Dakota
Historical Nominal GDP data for North Dakota
Date |
North Dakota |
2019 |
$57.181 |
2018 |
$56.287 |
2017 |
$52.607 |
2016 |
$50.792 |
2015 |
$55.069 |
2014 |
$58.680 |
2013 |
$53.733 |
2012 |
$51.625 |
2011 |
$41.438 |
2010 |
$35.689 |
2009 |
$32.240 |
2008 |
$31.852 |
2007 |
$28.782 |
2006 |
$26.209 |
2005 |
$24.461 |
2004 |
$23.152 |
2003 |
$22.073 |
2002 |
$20.229 |
2001 |
$18.961 |
2000 |
$18.014 |
1999 |
$17.017 |
1998 |
$16.826 |
1997 |
$15.768 |
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North Dakota per-capita GDP was $75,034 in 2019.
which is $9,794 higher than the US per-capita GDP.
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 |
2008 |
$57,524 |
$57,676 |
657,569 |
2007 |
$58,146 |
$53,517 |
652,822 |
2006 |
$57,626 |
$50,305 |
649,422 |
2005 |
$56,560 |
$48,620 |
646,089 |
2004 |
$55,150 |
$47,553 |
644,705 |
2003 |
$53,613 |
$46,986 |
638,817 |
2002 |
$52,605 |
$43,906 |
638,168 |
2001 |
$52,200 |
$41,745 |
639,062 |
2000 |
$52,201 |
$40,343 |
642,023 |
1999 |
$50,683 |
$39,478 |
633,666 |
1998 |
$48,939 |
$39,341 |
637,808 |
1997 |
$47,389 |
$37,099 |
640,945 |
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Nominal GDP in North Dakota
|
2019 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$65,240 |
+3.49% |
+12.48% |
-5.71% |
North Dakota Per-Capita GDP |
$75,034 |
+1.06% |
+11.45% |
-5.71% |
North Dakota Population |
762,062 |
+0.53% |
+1.01% |
+3.34% |
Trends in Nominal North Dakota Real Per-Capita GDP & Population
Nominal North Dakota per-capita GDP is 5.71% 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.
Nominal Per-Capita GDP: North Dakota, National
Historical Nominal Per-Capita GDP 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 |
$63,043 |
$74,249 |
758,080 |
2017 |
$60,092 |
$69,684 |
754,942 |
2016 |
$58,001 |
$67,325 |
754,434 |
2015 |
$56,832 |
$73,030 |
754,066 |
2014 |
$55,008 |
$79,577 |
737,401 |
2013 |
$53,057 |
$74,419 |
722,036 |
2012 |
$51,548 |
$73,626 |
701,176 |
2011 |
$49,814 |
$60,473 |
685,225 |
2010 |
$48,397 |
$52,896 |
674,715 |
2009 |
$47,028 |
$48,483 |
664,968 |
2008 |
$48,311 |
$48,439 |
657,569 |
2007 |
$47,902 |
$44,088 |
652,822 |
2006 |
$46,231 |
$40,357 |
649,422 |
2005 |
$44,044 |
$37,860 |
646,089 |
2004 |
$41,648 |
$35,911 |
644,705 |
2003 |
$39,426 |
$34,552 |
638,817 |
2002 |
$37,980 |
$31,699 |
638,168 |
2001 |
$37,100 |
$29,669 |
639,062 |
2000 |
$36,305 |
$28,057 |
642,023 |
1999 |
$34,478 |
$26,855 |
633,666 |
1998 |
$32,818 |
$26,381 |
637,808 |
1997 |
$31,424 |
$24,601 |
640,945 |
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