Washington GDP size and rank
The economy of Washington posted a real GDP growth rate of 2%.
Washington economic development and output
The economic output of the state of Washington was $323 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 $265 billion in 2008, according to data from the U.S. Department of Commerce.
The data for economic growth show Washington GDP grew at 4% in nominal terms in 2008 compared to 2007, in real terms the growth was 2%.
During the years of 2000-2008, Washington GDP grew at an annual rate of 4.8% in nominal terms and in real terms the economy grew by 2.2%.
Washington economy rank
Government led all sectors in the state's economy. Government contributed $46.9 billion in economic development in 2008, that's 14.5% of the total economic output of Washington.
Coming in second adding $45.3 billion, the real estate sector was responsible for 14% of the Washington economy in 2008.
Manufacturing, information, retail trade
Manufacturing accounted for 9.9% of the economic output with a contribution of $32 billion.
Ranking fourth and fifth biggest sectors in the state were information $25.5 billion and retail trade $22.7 billion, respectively.