Largest state GDPs in the United States
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PrintCalifornia has the largest GDP among states, which is to be expected since the state is more than 50% larger in terms of population than Texas, the next largest state.
California’s GDP in 2008 was $1,847 billion followed by Texas with $1,224 billion and New York with $1,143 billion, according to the U.S. Department of Commerce.
California accounted for 13.04% of the United States GDP in 2008, the state accounted for 13.2% of the nation's GDP in 2000. Texas, however, is contributing more than 1 point higher in 2008 than it did in 2000. The state of Texas current GDP percentage is 8.64%, while is 2000 Texas accounted for 7.46%.
In 2008, New Jersey and Ohio swapped spots and so did North Carolina and Georgia. New Jersey in currently 7th, while North Carolina is 9th.
Comparing to the year 2000, Michigan, which has had its share of economic issues, is out of the top 10 list. Michigan was replaced by North Carolina, which was ranked 12th in 2000.
New York was the second largest economy in 2000, followed by Texas, Florida and Illinois.
Top State economies in 2008
| Gross domestic product in $ billions | ||||
| Rank | State | GDP | Percentage of U.S. GDP |
Rank in 2000 |
|---|---|---|---|---|
| 1 | California GDP | 1,847 | 13.04% | 1 |
| 2 | Texas GDP | 1,224 | 8.64% | 3 |
| 3 | New York GDP | 1,144 | 8.08% | 2 |
| 4 | Florida GDP | 744 | 5.25% | 4 |
| 5 | Illinois GDP | 634 | 4.47% | 5 |
| 6 | Pennsylvania GDP | 553 | 3.91% | 6 |
| 7 | New Jersey GDP | 475 | 3.35% | 8 |
| 8 | Ohio GDP | 472 | 3.33% | 7 |
| 9 | North Carolina GDP | 400 | 2.83% | 12 |
| 10 | Georgia GDP | 398 | 2.81% | 10 |
