Maryland GDP
Maryland GDP was $438,235,000,000 in 2021 according to BEA data.
Maryland GDP represents 1.91% of US GDP which made it the 15th largest state economy in the nation in 2021.
Maryland GDP was $438,235,000,000 in 2021 according to BEA data.
Maryland GDP represents 1.91% of US GDP which made it the 15th largest state economy in the nation in 2021.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Maryland
|
2021
(Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
| Maryland |
$438.235 |
+2.45% |
-0.65% |
+0.97% |
Trends in Maryland Real GDP
Over the 5 years ending in 2021 the Maryland economy grew in real terms by 0.97% at a compound annual growth rate of 0.19% per year.
Maryland GDP was at its highest in 2019 when it reached $444.422 bn. It is now $6.187 bn (1.39%) lower.
Real GDP (2021 Dollars): Maryland
Historical Real GDP (2021 Dollars) data for Maryland
| Date |
Maryland
(Billions) |
| 2021 |
$438.235 |
| 2020 |
$427.738 |
| 2019 |
$444.422 |
| 2018 |
$441.094 |
| 2017 |
$439.883 |
| 2016 |
$434.046 |
| 2015 |
$418.037 |
| 2014 |
$402.844 |
| 2013 |
$396.204 |
| 2012 |
$393.608 |
| 2011 |
$393.443 |
| 2010 |
$387.397 |
| 2009 |
$372.588 |
| 2008 |
$370.334 |
| 2007 |
$361.549 |
| 2006 |
$359.747 |
| 2005 |
$354.553 |
| 2004 |
$341.989 |
| 2003 |
$328.011 |
| 2002 |
$318.236 |
| 2001 |
$305.604 |
| 2000 |
$291.311 |
| 1999 |
$279.668 |
| 1998 |
$267.436 |
| 1997 |
$253.564 |
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Nominal GDP in Maryland
|
2021
(Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
| Maryland |
$438.235 |
+6.71% |
+6.60% |
+13.02% |
Trends in Maryland Nominal GDP
Over the 5 years ending in 2021 the Maryland economy grew in nominal terms by 13.02% at a compound annual growth rate of 2.48% per year.
Nominal Maryland GDP, at $438.235 bn in 2021, is at the highest level recorded to date.
Nominal GDP: Maryland
Historical Nominal GDP data for Maryland
| Date |
Maryland |
| 2021 |
$438.235 |
| 2020 |
$410.675 |
| 2019 |
$421.610 |
| 2018 |
$411.100 |
| 2017 |
$400.406 |
| 2016 |
$387.733 |
| 2015 |
$369.728 |
| 2014 |
$352.761 |
| 2013 |
$340.578 |
| 2012 |
$332.524 |
| 2011 |
$326.281 |
| 2010 |
$314.728 |
| 2009 |
$299.103 |
| 2008 |
$295.400 |
| 2007 |
$282.966 |
| 2006 |
$274.145 |
| 2005 |
$262.100 |
| 2004 |
$245.125 |
| 2003 |
$228.959 |
| 2002 |
$217.837 |
| 2001 |
$205.981 |
| 2000 |
$192.021 |
| 1999 |
$180.262 |
| 1998 |
$169.982 |
| 1997 |
$159.372 |
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Maryland per-capita GDP was $71,083 in 2021.
which is $1,862 higher than the US per-capita GDP.
Maryland per-capita GDP was $71,083 in 2021.
which is $1,862 higher than the US per-capita GDP.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Maryland
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
| US Per-Capita GDP |
$69,221 |
+5.53% |
+3.34% |
+7.37% |
| Maryland Per-Capita GDP |
$71,083 |
+2.58% |
-2.63% |
-1.62% |
| Maryland Population |
6,165,129 |
-0.12% |
+2.04% |
+2.63% |
Trends Real in Maryland Real Per-Capita GDP & Population
Real Maryland per-capita GDP is 1.62% lower today than 5 years prior in 2016. In that time the population in Maryland grew by 158,115 (2.63%) people. The per-capita GDP decline plus the population growth are approximatly equal to the GDP decline Maryland shown above.
Real Per-Capita GDP (2021 Dollars): Maryland, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for Maryland
| Date |
US Per-Capita GDP |
Maryland Per-Capita GDP |
Maryland Population |
| 2021 |
$69,221 |
$71,083 |
6,165,129 |
| 2020 |
$65,595 |
$69,295 |
6,172,679 |
| 2019 |
$68,164 |
$73,398 |
6,054,954 |
| 2018 |
$66,987 |
$73,003 |
6,042,153 |
| 2017 |
$65,472 |
$72,971 |
6,028,186 |
| 2016 |
$64,472 |
$72,256 |
6,007,014 |
| 2015 |
$63,906 |
$69,806 |
5,988,528 |
| 2014 |
$62,711 |
$67,590 |
5,960,064 |
| 2013 |
$61,792 |
$66,868 |
5,925,197 |
| 2012 |
$61,132 |
$66,845 |
5,888,375 |
| 2011 |
$60,234 |
$67,368 |
5,840,241 |
| 2010 |
$59,785 |
$66,922 |
5,788,784 |
| 2009 |
$58,700 |
$65,020 |
5,730,388 |
| 2008 |
$60,801 |
$65,143 |
5,684,965 |
| 2007 |
$61,300 |
$63,952 |
5,653,408 |
| 2006 |
$60,671 |
$63,928 |
5,627,367 |
| 2005 |
$59,591 |
$63,399 |
5,592,379 |
| 2004 |
$58,122 |
$61,654 |
5,546,935 |
| 2003 |
$56,474 |
$59,679 |
5,496,269 |
| 2002 |
$55,447 |
$58,495 |
5,440,389 |
| 2001 |
$55,044 |
$56,860 |
5,374,691 |
| 2000 |
$55,069 |
$54,850 |
5,311,034 |
| 1999 |
$53,494 |
$54,077 |
5,171,634 |
| 1998 |
$51,633 |
$52,131 |
5,130,072 |
| 1997 |
$49,997 |
$49,788 |
5,092,914 |
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Nominal GDP in Maryland
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
| US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+10.13% |
| Maryland Per-Capita GDP |
$71,083 |
+6.84% |
+4.47% |
+10.13% |
| Maryland Population |
6,165,129 |
-0.12% |
+2.04% |
+2.63% |
Trends in Nominal Maryland Real Per-Capita GDP & Population
Nominal Maryland per-capita GDP is 10.13% higher today than 5 years prior in 2016. In that time the population in Maryland grew by 158,115 (2.63%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Maryland shown above.
Nominal Per-Capita GDP: Maryland, National
Historical Nominal Per-Capita GDP and Population data for Maryland
| Date |
US Per-Capita GDP |
Maryland Per-Capita GDP |
Maryland Population |
| 2021 |
$69,221 |
$71,083 |
6,165,129 |
| 2020 |
$62,978 |
$66,531 |
6,172,679 |
| 2019 |
$64,665 |
$69,631 |
6,054,954 |
| 2018 |
$62,432 |
$68,039 |
6,042,153 |
| 2017 |
$59,596 |
$66,422 |
6,028,186 |
| 2016 |
$57,593 |
$64,547 |
6,007,014 |
| 2015 |
$56,521 |
$61,739 |
5,988,528 |
| 2014 |
$54,914 |
$59,188 |
5,960,064 |
| 2013 |
$53,117 |
$57,480 |
5,925,197 |
| 2012 |
$51,645 |
$56,471 |
5,888,375 |
| 2011 |
$49,952 |
$55,868 |
5,840,241 |
| 2010 |
$48,570 |
$54,369 |
5,788,784 |
| 2009 |
$47,123 |
$52,196 |
5,730,388 |
| 2008 |
$48,498 |
$51,962 |
5,684,965 |
| 2007 |
$47,976 |
$50,052 |
5,653,408 |
| 2006 |
$46,234 |
$48,716 |
5,627,367 |
| 2005 |
$44,052 |
$46,867 |
5,592,379 |
| 2004 |
$41,660 |
$44,191 |
5,546,935 |
| 2003 |
$39,420 |
$41,657 |
5,496,269 |
| 2002 |
$37,954 |
$40,041 |
5,440,389 |
| 2001 |
$37,100 |
$38,324 |
5,374,691 |
| 2000 |
$36,300 |
$36,155 |
5,311,034 |
| 1999 |
$34,480 |
$34,856 |
5,171,634 |
| 1998 |
$32,818 |
$33,134 |
5,130,072 |
| 1997 |
$31,424 |
$31,293 |
5,092,914 |
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