Pennsylvania GDP was $839,436,000,000 in 2021 according to BEA data. Pennsylvania GDP represents 3.65% of US GDP which made it the 6th largest state economy in the nation in 2021.
Real GDP (2021 Dollars) in Pennsylvania
2021 (Billions) |
1 Year Change | 3 Year Change | 5 Year Change | |
---|---|---|---|---|
Pennsylvania | $839.436 | +4.41% | +1.26% | +3.21% |
Trends in Pennsylvania Real GDP
Over the 5 years ending in 2021 the Pennsylvania economy grew in real terms by 3.21% at a compound annual growth rate of 0.63% per year. Pennsylvania GDP was at its highest in 2019 when it reached $842.956 bn. It is now $3.519 bn (0.42%) lower.
Real GDP (2021 Dollars): Pennsylvania
Historical Real GDP (2021 Dollars) data for Pennsylvania
Date | Pennsylvania (Billions) |
---|---|
2021 | $839.436 |
2020 | $803.970 |
2019 | $842.956 |
2018 | $828.981 |
2017 | $818.464 |
2016 | $813.345 |
2015 | $807.521 |
2014 | $792.692 |
2013 | $777.767 |
2012 | $766.950 |
2011 | $753.432 |
2010 | $744.366 |
2009 | $725.169 |
2008 | $737.187 |
2007 | $722.971 |
2006 | $697.163 |
2005 | $692.239 |
2004 | $679.873 |
2003 | $659.392 |
2002 | $644.211 |
2001 | $633.679 |
2000 | $620.727 |
1999 | $606.491 |
1998 | $588.024 |
1997 | $567.974 |
Pennsylvania GDP Components: Per-Capita GDP & Popuation
Pennsylvania per-capita GDP was $64,751 in 2021. which is $4,470 lower than the US per-capita GDP.
Real GDP (2021 Dollars) in Pennsylvania
2021 | 1 Year Change | 3 Year Change | 5 Year Change | |
---|---|---|---|---|
US Per-Capita GDP | $69,221 | +5.53% | +3.34% | +7.37% |
Pennsylvania Per-Capita GDP | $64,751 | +4.62% | +0.05% | +1.81% |
Pennsylvania Population | 12,964,056 | -0.20% | +1.21% | +1.37% |
Trends Real in Pennsylvania Real Per-Capita GDP & Population
Real Pennsylvania per-capita GDP is 1.81% higher today than 5 years prior in 2016. In that time the population in Pennsylvania grew by 175,588 (1.37%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Pennsylvania shown above.
Real Per-Capita GDP (2021 Dollars): Pennsylvania, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for Pennsylvania
Date | US Per-Capita GDP | Pennsylvania Per-Capita GDP | Pennsylvania Population |
---|---|---|---|
2021 | $69,221 | $64,751 | 12,964,056 |
2020 | $65,595 | $61,893 | 12,989,625 |
2019 | $68,164 | $65,862 | 12,798,883 |
2018 | $66,987 | $64,718 | 12,809,107 |
2017 | $65,472 | $63,969 | 12,794,679 |
2016 | $64,472 | $63,600 | 12,788,468 |
2015 | $63,906 | $63,138 | 12,789,838 |
2014 | $62,711 | $61,966 | 12,792,392 |
2013 | $61,792 | $60,860 | 12,779,538 |
2012 | $61,132 | $60,063 | 12,769,123 |
2011 | $60,234 | $59,106 | 12,747,052 |
2010 | $59,785 | $58,559 | 12,711,406 |
2009 | $58,700 | $57,249 | 12,666,858 |
2008 | $60,801 | $58,450 | 12,612,285 |
2007 | $61,300 | $57,543 | 12,563,937 |
2006 | $60,671 | $55,725 | 12,510,809 |
2005 | $59,591 | $55,602 | 12,449,990 |
2004 | $58,122 | $54,781 | 12,410,722 |
2003 | $56,474 | $53,286 | 12,374,658 |
2002 | $55,447 | $52,243 | 12,331,031 |
2001 | $55,044 | $51,523 | 12,298,970 |
2000 | $55,069 | $50,531 | 12,284,173 |
1999 | $53,494 | $50,566 | 11,994,016 |
1998 | $51,633 | $48,993 | 12,002,329 |
1997 | $49,997 | $47,269 | 12,015,888 |