Connecticut GDP
Connecticut GDP was $296,498,000,000 in 2021 according to BEA data.
Connecticut GDP represents 1.29% of US GDP which made it the 23rd largest state economy in the nation in 2021.
Connecticut GDP was $296,498,000,000 in 2021 according to BEA data.
Connecticut GDP represents 1.29% of US GDP which made it the 23rd largest state economy in the nation in 2021.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Connecticut
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Connecticut |
$296.498 |
+2.98% |
-1.55% |
+0.45% |
Trends in Connecticut Real GDP
Over the 5 years ending in 2021 the Connecticut economy grew in real terms by 0.45% at a compound annual growth rate of 0.09% per year.
Connecticut GDP was at its highest in 2019 when it reached $303.698 bn. It is now $7.200 bn (2.37%) lower.
Real GDP (2021 Dollars): Connecticut
Historical Real GDP (2021 Dollars) data for Connecticut
Date |
Connecticut (Billions) |
2021 |
$296.498 |
2020 |
$287.908 |
2019 |
$303.698 |
2018 |
$301.171 |
2017 |
$298.358 |
2016 |
$295.164 |
2015 |
$293.393 |
2014 |
$281.607 |
2013 |
$280.964 |
2012 |
$285.167 |
2011 |
$281.152 |
2010 |
$288.890 |
2009 |
$290.607 |
2008 |
$299.547 |
2007 |
$299.676 |
2006 |
$288.391 |
2005 |
$277.602 |
2004 |
$272.552 |
2003 |
$256.012 |
2002 |
$253.097 |
2001 |
$254.025 |
2000 |
$251.250 |
1999 |
$236.268 |
1998 |
$228.879 |
1997 |
$220.088 |
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Nominal GDP in Connecticut
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Connecticut |
$296.498 |
+7.26% |
+5.63% |
+12.45% |
Trends in Connecticut Nominal GDP
Over the 5 years ending in 2021 the Connecticut economy grew in nominal terms by 12.45% at a compound annual growth rate of 2.37% per year.
Nominal Connecticut GDP, at $296.498 bn in 2021, is at the highest level recorded to date.
Nominal GDP: Connecticut
Historical Nominal GDP data for Connecticut
Date |
Connecticut |
2021 |
$296.498 |
2020 |
$276.423 |
2019 |
$288.109 |
2018 |
$280.692 |
2017 |
$271.583 |
2016 |
$263.670 |
2015 |
$259.488 |
2014 |
$246.597 |
2013 |
$241.517 |
2012 |
$240.912 |
2011 |
$233.159 |
2010 |
$234.700 |
2009 |
$233.291 |
2008 |
$238.937 |
2007 |
$234.541 |
2006 |
$219.768 |
2005 |
$205.215 |
2004 |
$195.355 |
2003 |
$178.702 |
2002 |
$173.248 |
2001 |
$171.217 |
2000 |
$165.614 |
1999 |
$152.287 |
1998 |
$145.476 |
1997 |
$138.332 |
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Connecticut per-capita GDP was $82,233 in 2021.
which is $13,012 higher than the US per-capita GDP.
Connecticut per-capita GDP was $82,233 in 2021.
which is $13,012 higher than the US per-capita GDP.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Connecticut
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+5.53% |
+3.34% |
+7.37% |
Connecticut Per-Capita GDP |
$82,233 |
+2.83% |
-2.40% |
-0.27% |
Connecticut Population |
3,605,597 |
+0.15% |
+0.87% |
+0.72% |
Trends Real in Connecticut Real Per-Capita GDP & Population
Real Connecticut per-capita GDP is 0.27% lower today than 5 years prior in 2016. In that time the population in Connecticut grew by 25,767 (0.72%) people. The per-capita GDP decline plus the population growth are approximatly equal to the GDP decline Connecticut shown above.
Real Per-Capita GDP (2021 Dollars): Connecticut, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for Connecticut
Date |
US Per-Capita GDP |
Connecticut Per-Capita GDP |
Connecticut Population |
2021 |
$69,221 |
$82,233 |
3,605,597 |
2020 |
$65,595 |
$79,969 |
3,600,260 |
2019 |
$68,164 |
$85,164 |
3,566,022 |
2018 |
$66,987 |
$84,254 |
3,574,561 |
2017 |
$65,472 |
$83,449 |
3,575,324 |
2016 |
$64,472 |
$82,452 |
3,579,830 |
2015 |
$63,906 |
$81,758 |
3,588,561 |
2014 |
$62,711 |
$78,318 |
3,595,697 |
2013 |
$61,792 |
$78,137 |
3,595,792 |
2012 |
$61,132 |
$79,319 |
3,595,211 |
2011 |
$60,234 |
$78,345 |
3,588,632 |
2010 |
$59,785 |
$80,714 |
3,579,173 |
2009 |
$58,700 |
$81,590 |
3,561,807 |
2008 |
$60,801 |
$84,485 |
3,545,579 |
2007 |
$61,300 |
$84,960 |
3,527,270 |
2006 |
$60,671 |
$81,988 |
3,517,460 |
2005 |
$59,591 |
$79,157 |
3,506,956 |
2004 |
$58,122 |
$77,959 |
3,496,094 |
2003 |
$56,474 |
$73,475 |
3,484,336 |
2002 |
$55,447 |
$73,176 |
3,458,749 |
2001 |
$55,044 |
$73,999 |
3,432,835 |
2000 |
$55,069 |
$73,642 |
3,411,777 |
1999 |
$53,494 |
$71,988 |
3,282,031 |
1998 |
$51,633 |
$69,939 |
3,272,563 |
1997 |
$49,997 |
$67,336 |
3,268,514 |
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Nominal GDP in Connecticut
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+11.65% |
Connecticut Per-Capita GDP |
$82,233 |
+7.10% |
+4.72% |
+11.65% |
Connecticut Population |
3,605,597 |
+0.15% |
+0.87% |
+0.72% |
Trends in Nominal Connecticut Real Per-Capita GDP & Population
Nominal Connecticut per-capita GDP is 11.65% higher today than 5 years prior in 2016. In that time the population in Connecticut grew by 25,767 (0.72%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Connecticut shown above.
Nominal Per-Capita GDP: Connecticut, National
Historical Nominal Per-Capita GDP and Population data for Connecticut
Date |
US Per-Capita GDP |
Connecticut Per-Capita GDP |
Connecticut Population |
2021 |
$69,221 |
$82,233 |
3,605,597 |
2020 |
$62,978 |
$76,779 |
3,600,260 |
2019 |
$64,665 |
$80,793 |
3,566,022 |
2018 |
$62,432 |
$78,525 |
3,574,561 |
2017 |
$59,596 |
$75,960 |
3,575,324 |
2016 |
$57,593 |
$73,654 |
3,579,830 |
2015 |
$56,521 |
$72,310 |
3,588,561 |
2014 |
$54,914 |
$68,581 |
3,595,697 |
2013 |
$53,117 |
$67,167 |
3,595,792 |
2012 |
$51,645 |
$67,009 |
3,595,211 |
2011 |
$49,952 |
$64,971 |
3,588,632 |
2010 |
$48,570 |
$65,574 |
3,579,173 |
2009 |
$47,123 |
$65,498 |
3,561,807 |
2008 |
$48,498 |
$67,390 |
3,545,579 |
2007 |
$47,976 |
$66,494 |
3,527,270 |
2006 |
$46,234 |
$62,479 |
3,517,460 |
2005 |
$44,052 |
$58,516 |
3,506,956 |
2004 |
$41,660 |
$55,878 |
3,496,094 |
2003 |
$39,420 |
$51,287 |
3,484,336 |
2002 |
$37,954 |
$50,090 |
3,458,749 |
2001 |
$37,100 |
$49,876 |
3,432,835 |
2000 |
$36,300 |
$48,542 |
3,411,777 |
1999 |
$34,480 |
$46,400 |
3,282,031 |
1998 |
$32,818 |
$44,453 |
3,272,563 |
1997 |
$31,424 |
$42,323 |
3,268,514 |
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