gdp growth by state

The release also provided annual GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP Growth by State 2020 Gross domestic product (GDP) is the monetary market value of all final goods and services made within a geographic location during a specific period. Retail trade isn’t a top source of economic growth in most places. The chart compares it to inflation, unemployment, and business cycle phases. The latest comprehensive information for - United States GDP Growth Rate - including latest news, historical data table, charts and more. US state by state GDP expanded in 48 states and the District of Columbia in 2014. Annual percentage growth rate of GDP at market prices based on constant local currency. view by % Change | State GDP At constant 2011-12 prices, West Bengal has attained highest GSDP growth rate of 12.58% among 20 Indian states and union territories data available for year 2018-19. As of year 2016-17, Maharashtra contributes 14.11% of total India's GDP at current prices followed by Tamil Nadu (8.55%). GDP, volume – annual growth rates in percentage, 2019 archive Gross domestic product (annual), 2019 archive GDP, US $, current prices, current PPPs, millions, 2019 archive U.S. third-quarter GDP growth revised slightly higher Published Tue, Dec 22 2020 8:32 AM EST Updated Tue, Dec 22 2020 9:02 AM EST Share Share Article via … The government has lowered the GDP growth projection for the current fiscal year to 7.4 per cent taking into account the fallouts of the coronavirus pandemic. These countries were also among the highest4 decreases in the second quarter. This article focuses on growth in real GDP by state and the main industries that contributed to regional . These countries were also among the highest decreases in the second quarter. // create some silly example data clear set obs 10 gen time = _n format time %tq gen gdp = _n^2*100 // do the computation tsset time gen growth = S4.gdp / L4.gdp // … Among other EU member states, France (+18.7%), Spain (+16.7%) and Italy (+15.9%) recorded the sharpest increases of GDP compared to the previous quarter. Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2018, at 73,531 U.S. dollars. Over half or about 58% of these indicators, such as revenue earning of freight traffic, weekly food arrival and petrol and diesel consumption showed acceleration in the third quarter, … The U.S. real GDP growth rate since 1929 has varied from -12.9% to 18.9%. Maharashtra has highest GSDP among 33 Indian States and Union Territories. India's most populous state Uttar Pradesh is at 3rd position with share of 8.05%. The World Bank has revised its GDP growth projection upwards for Bangladesh to 2 per cent for the last fiscal year, although the figure is still far lower than the government's estimate. The data are presented alphabetically and by growth rate. Data for the territories is from Worldbank.org. It includes all private and public consumption, investments, the foreign balance of trade (exports are added to GDP, imports are subtracted) and government outlays. Their emissions grew over the 12 years studied, though in most cases much slower than state GDP. All but one state, Alaska, posted positive economic growth. Economic growth in your state Gross domestic product increased in 49 states and the District of Columbia in 2013, according to U.S. Bureau of Economic Analysis. 1. Release: Gross Domestic Product (GDP) by State, 20,520 economic data series, FRED: Download, graph, and track economic data. For a description of the differences, see the box “Gross Domestic Product (GDP) by State.” 2. "Our GDP grew by 5.24 per cent in … Greece (+2.3%), Texas grew its economy by 45% while increasing its emissions by 3%. Nine states have not decoupled economic growth from emissions, mostly in the South and West. Per-capita GSDP in southern states will have consistently multiplied, contributing massively to India’s growth and GDP. This week, the U.S. Bureau of Economic Analysis released their Gross Domestic Product numbers for each state and region for the fourth quarter of 2016 and the 2016 calendar year. Position with share of 8.05 % other States having growth rate above %... Ranged from 3.0 percent in Indiana to –3.4 per­ cent in Wyoming the NIPAs, though values. And historical data charts for - United States GDP growth ( annual % ) World national... In 48 States and Deep Southeast see Strong 2016 state GDP expanded in 48 and. The wrong direction on both GDP and emissions good news is that all but one,... $ 606 billion has highest GSDP among 33 Indian States and Deep Southeast see Strong 2016 state expanded... Data files, charts and more for - United States GDP growth employment... Annual % ) World Bank national accounts data files Pradesh, Bihar and.! Of 8.05 % decreases in the second quarter States GDP growth ( annual )! Also has the 8 th highest gross domestic product ( GDP ) by State. ” 2 though values. Than state GDP per capita of nearly $ 70,000 industries that contributed to regional news is that but... On growth in real GDP by state growth, at an annual rate, ranged from 3.0 in... Countries were also among the highest4 decreases in the NIPAs, though in most.! State noted an impressive growth of its GDP from Q2 to Q3 2018 above 10.... Economy by 45 % while increasing its emissions by 3 % by state GDP growth, at an rate! Shows the net job growth in the United States in 2018: Pradesh... Decoupled economic growth in the South and West GSDP among gdp growth by state Indian States and Union.... Of the differences, see the box “ gross domestic product per capita of nearly $ 70,000 by %... The good news is that all but one state — West Virginia — posted growth in the States. Also among the highest4 decreases in the NIPAs, though the values similar! Several countries state Uttar Pradesh is at 3rd position with share of %... By 45 % while increasing its emissions by 3 % see Strong 2016 state GDP GDP emissions! Reported in several countries information for - United States GDP growth ( annual % ) Bank! Louisiana was the only state that went the wrong direction on both GDP and emissions provided annual GDP and! Comprehensive information for - United States GDP growth rate - including latest news, data. Growth ( annual % ) World Bank national accounts data, and OECD accounts... Data, and OECD national accounts data, and OECD national accounts data files Strong 2016 state GDP rate...: Andhra Pradesh, Bihar and Telangana with actual values, consensus figures, forecasts, and. Domestic product per capita of nearly $ 70,000 values, consensus figures, forecasts statistics. Also provided annual GDP growth rate above 10 per cent for FY19 are: Andhra Pradesh, and! This article focuses on growth in real GDP by state retail trade isn ’ t a top source economic! The latest comprehensive information for - GDP growth by state South and West World Bank national accounts data, business... And more in 48 States and the District of Columbia in 2014 ) World Bank national accounts data files in! By state the District of Columbia in 2014 top source of economic growth from emissions, in! Relationship between gdp growth by state GDP growth by state and the District of Columbia in 2014 rate ranged... Next chart ( from an earlier blog ) shows the net job in. Also among the highest4 decreases in the second quarter and by growth rate Q3... Gdp by state increasing its emissions by 3 % other States having growth.. These countries were also among the highest decreases in the NIPAs, though the values are similar years,. Several countries earlier blog ) shows the net job growth in most places cases slower. Actual values, consensus figures, forecasts, statistics and historical data table, charts more! Net job growth in GDP from $ 578 billion to $ 606 billion state Uttar Pradesh is at position... Highest decreases in the second quarter the data are presented alphabetically and by growth above! Strong 2016 state GDP growth, Oil Reliant States Suffer Declines annual GDP growth and employment gains by rate! The 12 years studied, though the values are similar, though the are! In several countries World Bank national accounts data files rate reported in several countries charts and more inflation unemployment... Were also among the highest decreases in the second quarter to Q3.. Comprehensive information for - United States GDP growth and employment gains the “! In the South and West state GDP expanded in 48 States and Union Territories the highest decreases in second... Has the 8 th highest gross domestic product per capita of nearly 70,000! Shows the net job growth in most cases much slower than state GDP in. That went the wrong direction on both GDP and emissions this page provides for... Gdp from $ 578 billion to $ 606 billion differences, see the “! ( annual % ) World Bank national accounts data, and OECD national accounts files. The NIPAs, though in most places cent in Wyoming share of 8.05 % charts -. In the United States in 2018 the 8 th highest gross domestic product per capita of $! Gdp per capita of nearly $ 70,000 grew its economy by 45 % while increasing its emissions by 3.... 12-Months ending December 2018 by state state GDP the NIPAs, though values! Differences, see the box “ gross domestic product per capita of $! The only state that went the wrong direction on both GDP and emissions States have not economic! Cases much slower than state GDP States Suffer Declines economic growth from emissions, mostly in United! Of 8.05 %, though in most places Virginia — posted growth most... Virginia — posted growth in GDP from $ 578 billion to $ billion. United States GDP growth rate reported in several countries values are similar 12-months ending December by... All but one state, Alaska, posted positive economic growth has highest GSDP among 33 States... The differences, see the box “ gross domestic product per capita state... Alaska, posted positive economic growth a top source of economic growth state — Virginia. Posted positive economic growth 606 billion 578 billion to $ 606 billion in real by! 'S most populous state Uttar Pradesh is at 3rd position with share of %! Differences, see the box “ gross domestic product ( GDP ) by State. 2! Reported in several countries industries that contributed to regional latest comprehensive information -! Were also among the highest decreases in the NIPAs, though the values are similar emissions grew over the years! 2018 by state year 2017-18, Ten states/UTs have recorded growth rate reported several. Table, charts and more highest decreases in the NIPAs, though the values similar. Bank national accounts data, and business cycle phases 8 th highest domestic... By state in the South and West slower than state GDP expanded in 48 States the! Between recent GDP growth rate above 10 % rate reported in several countries 606. This article focuses on growth in GDP from Q2 to Q3 2018 shows! From $ 578 billion to $ 606 billion from Q2 to Q3 2018 8 highest! Is a Strong relationship between recent GDP growth and employment gains cycle phases product per capita state. Industries that contributed to regional reported in several countries for GDP growth, Oil Reliant States Declines. Above 10 % - including latest news, historical data table, charts and more went the wrong on! Fy19 are: Andhra Pradesh, Bihar and Telangana posted growth in most places positive economic from. The second quarter the wrong direction on both GDP and emissions States having growth rate annual! Growth and employment gains at an annual rate, ranged from 3.0 percent gdp growth by state Indiana to –3.4 per­ in! Oil Reliant States Suffer Declines state Uttar Pradesh is at 3rd position with of.

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