Oregon economic development, GDP size and rank

The economy of Oregon has grown from a $112 billion economy in year 2000 to a more than $160 billion economy during this decade.

Oregon economic development and output

The economic output of the state of Oregon was $162 billion in 2008. That figure is based on current 2008 dollars (nominal GDP), while the inflation adjusted GDP, real GDP, based on prices in the year 2000, was $147 billion in 2008, according to data from the U.S. Department of Commerce.

The data for economic growth show Oregon GDP grew at 2.1% in nominal terms in 2008 compared to 2007, in real terms the growth was 1.6%.

During the years of 2000-2008, Oregon GDP grew at an annual rate of 4.6% in nominal terms and in real terms the economy grew by 3.4%.

Oregon economy rank

The Oregon economy is the 26th largest in the United States, behind Alabama and ahead of Kentucky.


Manufacturing led all sectors in the state's economy. Manufacturing contributed $30.2 billion in economic development in 2008, that's 18.7% of the total economic output of Oregon.

Real estate

Coming in second adding $21.2 billion, the real estate sector was responsible for 13.1% of the Oregon economy in 2008.

Government, healthcare, wholesale trade

Government accounted for 12.8% of the economic output with a contribution of $20.7 billion.

Ranking fourth and fifth biggest sectors in the state were healthcare $13 billion and wholesale trade $10.5 billion, respectively.

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Oregon economic development GDP
Portland, Oregon flickr/StuSeeger