Arizona GDP

Arizona GDP was $411,192,000,000 in 2021 according to BEA data. Arizona GDP represents 1.79% of US GDP which made it the 20th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Arizona

	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Arizona	$411.192	+5.64%	+9.52%	+17.32%

Trends in Arizona Real GDP

Over the 5 years ending in 2021 the Arizona economy grew in real terms by 17.32% at a compound annual growth rate of 3.25% per year. Real Arizona GDP, at $411.192 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Arizona

Historical Real GDP (2021 Dollars) data for Arizona

Date	Arizona (Billions)
2021	$411.192
2020	$389.247
2019	$390.008
2018	$375.437
2017	$362.993
2016	$350.477
2015	$338.512
2014	$328.507
2013	$324.094
2012	$321.304
2011	$314.622
2010	$309.142
2009	$306.967
2008	$329.622
2007	$333.984
2006	$322.757
2005	$308.311
2004	$288.159
2003	$277.405
2002	$263.723
2001	$255.054
2000	$250.486
1999	$241.649
1998	$225.460
1997	$210.461

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	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Arizona	$411.192	+10.03%	+17.51%	+31.34%

Arizona GDP Components: Per-Capita GDP & Popuation

Arizona per-capita GDP was $56,511 in 2021. which is $12,710 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Arizona

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+5.53%	+3.34%	+7.37%
Arizona Per-Capita GDP	$56,511	+4.21%	+7.84%	+11.98%
Arizona Population	7,276,316	+1.37%	+1.56%	+4.77%

Trends Real in Arizona Real Per-Capita GDP & Population

Real Arizona per-capita GDP is 11.98% higher today than 5 years prior in 2016. In that time the population in Arizona grew by 331,549 (4.77%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Arizona shown above.

Real Per-Capita GDP (2021 Dollars): Arizona, National

Historical Real Per-Capita GDP (2021 Dollars) and Population data for Arizona

Date	US Per-Capita GDP	Arizona Per-Capita GDP	Arizona Population
2021	$69,221	$56,511	7,276,316
2020	$65,595	$54,228	7,177,986
2019	$68,164	$53,485	7,291,843
2018	$66,987	$52,404	7,164,228
2017	$65,472	$51,502	7,048,088
2016	$64,472	$50,466	6,944,767
2015	$63,906	$49,542	6,832,810
2014	$62,711	$48,792	6,732,873
2013	$61,792	$48,848	6,634,690
2012	$61,132	$49,007	6,556,344
2011	$60,234	$48,602	6,473,416
2010	$59,785	$48,248	6,407,342
2009	$58,700	$48,393	6,343,154
2008	$60,801	$52,485	6,280,362
2007	$61,300	$54,151	6,167,681
2006	$60,671	$53,533	6,029,141
2005	$59,591	$52,801	5,839,077
2004	$58,122	$50,980	5,652,404
2003	$56,474	$50,342	5,510,364
2002	$55,447	$48,871	5,396,255
2001	$55,044	$48,365	5,273,477
2000	$55,069	$48,538	5,160,586
1999	$53,494	$50,572	4,778,332
1998	$51,633	$48,307	4,667,277
1997	$49,997	$46,233	4,552,207

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Nominal GDP in Arizona

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+9.91%	+10.87%	+25.35%
Arizona Per-Capita GDP	$56,511	+8.54%	+15.70%	+25.35%
Arizona Population	7,276,316	+1.37%	+1.56%	+4.77%

Trends in Nominal Arizona Real Per-Capita GDP & Population

Nominal Arizona per-capita GDP is 25.35% higher today than 5 years prior in 2016. In that time the population in Arizona grew by 331,549 (4.77%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Arizona shown above.

Nominal Per-Capita GDP: Arizona, National

Historical Nominal Per-Capita GDP and Population data for Arizona

Date	US Per-Capita GDP	Arizona Per-Capita GDP	Arizona Population
2021	$69,221	$56,511	7,276,316
2020	$62,978	$52,065	7,177,986
2019	$64,665	$50,740	7,291,843
2018	$62,432	$48,841	7,164,228
2017	$59,596	$46,880	7,048,088
2016	$57,593	$45,082	6,944,767
2015	$56,521	$43,817	6,832,810
2014	$54,914	$42,726	6,732,873
2013	$53,117	$41,990	6,634,690
2012	$51,645	$41,401	6,556,344
2011	$49,952	$40,306	6,473,416
2010	$48,570	$39,198	6,407,342
2009	$47,123	$38,849	6,343,154
2008	$48,498	$41,865	6,280,362
2007	$47,976	$42,381	6,167,681
2006	$46,234	$40,795	6,029,141
2005	$44,052	$39,033	5,839,077
2004	$41,660	$36,540	5,652,404
2003	$39,420	$35,140	5,510,364
2002	$37,954	$33,453	5,396,255
2001	$37,100	$32,599	5,273,477
2000	$36,300	$31,995	5,160,586
1999	$34,480	$32,596	4,778,332
1998	$32,818	$30,704	4,667,277
1997	$31,424	$29,059	4,552,207

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Department of Numbers

The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.

Arizona GDP

Real GDP (2021 Dollars) in Arizona

Trends in Arizona Real GDP

Real GDP (2021 Dollars): Arizona

Historical Real GDP (2021 Dollars) data for Arizona

Nominal GDP in Arizona

Trends in Arizona Nominal GDP

Nominal GDP: Arizona

Historical Nominal GDP data for Arizona

Arizona GDP Components: Per-Capita GDP & Popuation

Real GDP (2021 Dollars) in Arizona

Trends Real in Arizona Real Per-Capita GDP & Population

Real Per-Capita GDP (2021 Dollars): Arizona, National

Historical Real Per-Capita GDP (2021 Dollars) and Population data for Arizona

Nominal GDP in Arizona

Trends in Nominal Arizona Real Per-Capita GDP & Population

Nominal Per-Capita GDP: Arizona, National

Historical Nominal Per-Capita GDP and Population data for Arizona

Department of Numbers

GDP by State

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