Department of Numbers

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.

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

more history ...

Connecticut GDP Components: Per-Capita GDP & Popuation

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

more history ...