Illinois GDP
Illinois GDP was $938,347,000,000 in 2021 according to BEA data.
Illinois GDP represents 4.08% of US GDP which made it the 5th largest state economy in the nation in 2021.
Illinois GDP was $938,347,000,000 in 2021 according to BEA data.
Illinois GDP represents 4.08% of US GDP which made it the 5th largest state economy in the nation in 2021.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Illinois
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Illinois |
$938.347 |
+4.96% |
+0.81% |
+3.86% |
Trends in Illinois Real GDP
Over the 5 years ending in 2021 the Illinois economy grew in real terms by 3.86% at a compound annual growth rate of 0.76% per year.
Illinois GDP was at its highest in 2019 when it reached $938.668 bn. It is now $0.321 bn (0.03%) lower.
Real GDP (2021 Dollars): Illinois
Historical Real GDP (2021 Dollars) data for Illinois
Date |
Illinois (Billions) |
2021 |
$938.347 |
2020 |
$894.031 |
2019 |
$938.668 |
2018 |
$930.831 |
2017 |
$908.618 |
2016 |
$903.440 |
2015 |
$904.450 |
2014 |
$880.867 |
2013 |
$862.169 |
2012 |
$859.839 |
2011 |
$835.503 |
2010 |
$820.273 |
2009 |
$809.524 |
2008 |
$820.723 |
2007 |
$830.700 |
2006 |
$819.161 |
2005 |
$797.861 |
2004 |
$785.563 |
2003 |
$763.617 |
2002 |
$751.425 |
2001 |
$744.129 |
2000 |
$738.839 |
1999 |
$714.184 |
1998 |
$686.858 |
1997 |
$661.123 |
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Nominal GDP in Illinois
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Illinois |
$938.347 |
+9.32% |
+8.16% |
+16.27% |
Trends in Illinois Nominal GDP
Over the 5 years ending in 2021 the Illinois economy grew in nominal terms by 16.27% at a compound annual growth rate of 3.06% per year.
Nominal Illinois GDP, at $938.347 bn in 2021, is at the highest level recorded to date.
Nominal GDP: Illinois
Historical Nominal GDP data for Illinois
Date |
Illinois |
2021 |
$938.347 |
2020 |
$858.367 |
2019 |
$890.486 |
2018 |
$867.536 |
2017 |
$827.075 |
2016 |
$807.043 |
2015 |
$799.930 |
2014 |
$771.356 |
2013 |
$741.122 |
2012 |
$726.399 |
2011 |
$692.881 |
2010 |
$666.405 |
2009 |
$649.863 |
2008 |
$654.658 |
2007 |
$650.145 |
2006 |
$624.243 |
2005 |
$589.812 |
2004 |
$563.061 |
2003 |
$533.022 |
2002 |
$514.361 |
2001 |
$501.553 |
2000 |
$487.015 |
1999 |
$460.331 |
1998 |
$436.567 |
1997 |
$415.535 |
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Illinois per-capita GDP was $74,052 in 2021.
which is $4,831 higher than the US per-capita GDP.
Illinois per-capita GDP was $74,052 in 2021.
which is $4,831 higher than the US per-capita GDP.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Illinois
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+5.53% |
+3.34% |
+7.37% |
Illinois Per-Capita GDP |
$74,052 |
+5.90% |
+1.23% |
+5.10% |
Illinois Population |
12,671,469 |
-0.89% |
-0.42% |
-1.17% |
Trends Real in Illinois Real Per-Capita GDP & Population
Real Illinois per-capita GDP is 5.10% higher today than 5 years prior in 2016. In that time the population in Illinois shrank by 150,240 (-1.17%) people. The per-capita GDP growth plus the population decline are approximatly equal to the GDP growth Illinois shown above.
Real Per-Capita GDP (2021 Dollars): Illinois, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for Illinois
Date |
US Per-Capita GDP |
Illinois Per-Capita GDP |
Illinois Population |
2021 |
$69,221 |
$74,052 |
12,671,469 |
2020 |
$65,595 |
$69,927 |
12,785,245 |
2019 |
$68,164 |
$74,103 |
12,667,017 |
2018 |
$66,987 |
$73,152 |
12,724,685 |
2017 |
$65,472 |
$71,097 |
12,779,893 |
2016 |
$64,472 |
$70,462 |
12,821,709 |
2015 |
$63,906 |
$70,333 |
12,859,585 |
2014 |
$62,711 |
$68,363 |
12,885,092 |
2013 |
$61,792 |
$66,857 |
12,895,778 |
2012 |
$61,132 |
$66,742 |
12,883,029 |
2011 |
$60,234 |
$64,930 |
12,867,783 |
2010 |
$59,785 |
$63,881 |
12,840,545 |
2009 |
$58,700 |
$63,260 |
12,796,778 |
2008 |
$60,801 |
$64,385 |
12,747,038 |
2007 |
$61,300 |
$65,431 |
12,695,866 |
2006 |
$60,671 |
$64,787 |
12,643,955 |
2005 |
$59,591 |
$63,273 |
12,609,903 |
2004 |
$58,122 |
$62,397 |
12,589,773 |
2003 |
$56,474 |
$60,817 |
12,556,006 |
2002 |
$55,447 |
$59,991 |
12,525,556 |
2001 |
$55,044 |
$59,585 |
12,488,445 |
2000 |
$55,069 |
$59,420 |
12,434,161 |
1999 |
$53,494 |
$58,885 |
12,128,370 |
1998 |
$51,633 |
$56,907 |
12,069,774 |
1997 |
$49,997 |
$55,041 |
12,011,509 |
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Nominal GDP in Illinois
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+17.65% |
Illinois Per-Capita GDP |
$74,052 |
+10.30% |
+8.62% |
+17.65% |
Illinois Population |
12,671,469 |
-0.89% |
-0.42% |
-1.17% |
Trends in Nominal Illinois Real Per-Capita GDP & Population
Nominal Illinois per-capita GDP is 17.65% higher today than 5 years prior in 2016. In that time the population in Illinois shrank by 150,240 (-1.17%) people. The per-capita GDP growth plus the population decline are approximatly equal to the GDP growth Illinois shown above.
Nominal Per-Capita GDP: Illinois, National
Historical Nominal Per-Capita GDP and Population data for Illinois
Date |
US Per-Capita GDP |
Illinois Per-Capita GDP |
Illinois Population |
2021 |
$69,221 |
$74,052 |
12,671,469 |
2020 |
$62,978 |
$67,137 |
12,785,245 |
2019 |
$64,665 |
$70,300 |
12,667,017 |
2018 |
$62,432 |
$68,177 |
12,724,685 |
2017 |
$59,596 |
$64,717 |
12,779,893 |
2016 |
$57,593 |
$62,943 |
12,821,709 |
2015 |
$56,521 |
$62,205 |
12,859,585 |
2014 |
$54,914 |
$59,864 |
12,885,092 |
2013 |
$53,117 |
$57,470 |
12,895,778 |
2012 |
$51,645 |
$56,384 |
12,883,029 |
2011 |
$49,952 |
$53,846 |
12,867,783 |
2010 |
$48,570 |
$51,898 |
12,840,545 |
2009 |
$47,123 |
$50,783 |
12,796,778 |
2008 |
$48,498 |
$51,358 |
12,747,038 |
2007 |
$47,976 |
$51,209 |
12,695,866 |
2006 |
$46,234 |
$49,371 |
12,643,955 |
2005 |
$44,052 |
$46,774 |
12,609,903 |
2004 |
$41,660 |
$44,724 |
12,589,773 |
2003 |
$39,420 |
$42,452 |
12,556,006 |
2002 |
$37,954 |
$41,065 |
12,525,556 |
2001 |
$37,100 |
$40,161 |
12,488,445 |
2000 |
$36,300 |
$39,167 |
12,434,161 |
1999 |
$34,480 |
$37,955 |
12,128,370 |
1998 |
$32,818 |
$36,170 |
12,069,774 |
1997 |
$31,424 |
$34,595 |
12,011,509 |
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