Montana GDP

Montana GDP was $59,303,000,000 in 2021 according to BEA data. Montana GDP represents 0.26% of US GDP which made it the 47th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Montana

	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Montana	$59.303	+10.54%	+8.58%	+16.45%

Trends in Montana Real GDP

Over the 5 years ending in 2021 the Montana economy grew in real terms by 16.45% at a compound annual growth rate of 3.09% per year. Real Montana GDP, at $59.303 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Montana

Historical Real GDP (2021 Dollars) data for Montana

Date	Montana (Billions)
2021	$59.303
2020	$53.649
2019	$54.592
2018	$54.618
2017	$53.215
2016	$50.925
2015	$52.693
2014	$51.591
2013	$50.823
2012	$50.119
2011	$49.433
2010	$47.188
2009	$45.079
2008	$46.668
2007	$46.296
2006	$43.522
2005	$41.767
2004	$39.289
2003	$36.840
2002	$34.977
2001	$33.898
2000	$33.189
1999	$32.289
1998	$32.141
1997	$30.691

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	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Montana	$59.303	+15.13%	+16.50%	+30.36%

Montana GDP Components: Per-Capita GDP & Popuation

Montana per-capita GDP was $53,703 in 2021. which is $15,518 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Montana

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+5.53%	+3.34%	+7.37%
Montana Per-Capita GDP	$53,703	+8.73%	+4.40%	+9.90%
Montana Population	1,104,271	+1.66%	+4.00%	+5.96%

Trends Real in Montana Real Per-Capita GDP & Population

Real Montana per-capita GDP is 9.90% higher today than 5 years prior in 2016. In that time the population in Montana grew by 62,134 (5.96%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Montana shown above.

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

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

Date	US Per-Capita GDP	Montana Per-Capita GDP	Montana Population
2021	$69,221	$53,703	1,104,271
2020	$65,595	$49,392	1,086,193
2019	$68,164	$51,014	1,070,123
2018	$66,987	$51,438	1,061,818
2017	$65,472	$50,495	1,053,862
2016	$64,472	$48,865	1,042,137
2015	$63,906	$51,085	1,031,494
2014	$62,711	$50,448	1,022,657
2013	$61,792	$50,114	1,014,158
2012	$61,132	$49,911	1,004,168
2011	$60,234	$49,556	997,518
2010	$59,785	$47,629	990,730
2009	$58,700	$45,812	983,982
2008	$60,801	$47,795	976,415
2007	$61,300	$47,989	964,706
2006	$60,671	$45,683	952,692
2005	$59,591	$44,428	940,102
2004	$58,122	$42,245	930,009
2003	$56,474	$40,059	919,630
2002	$55,447	$38,366	911,667
2001	$55,044	$37,375	906,961
2000	$55,069	$36,722	903,773
1999	$53,494	$36,577	882,779
1998	$51,633	$36,544	879,533
1997	$49,997	$34,928	878,706

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Nominal GDP in Montana

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+9.91%	+10.87%	+23.03%
Montana Per-Capita GDP	$53,703	+13.25%	+12.02%	+23.03%
Montana Population	1,104,271	+1.66%	+4.00%	+5.96%

Trends in Nominal Montana Real Per-Capita GDP & Population

Nominal Montana per-capita GDP is 23.03% higher today than 5 years prior in 2016. In that time the population in Montana grew by 62,134 (5.96%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Montana shown above.

Nominal Per-Capita GDP: Montana, National

Historical Nominal Per-Capita GDP and Population data for Montana

Date	US Per-Capita GDP	Montana Per-Capita GDP	Montana Population
2021	$69,221	$53,703	1,104,271
2020	$62,978	$47,421	1,086,193
2019	$64,665	$48,396	1,070,123
2018	$62,432	$47,940	1,061,818
2017	$59,596	$45,964	1,053,862
2016	$57,593	$43,652	1,042,137
2015	$56,521	$45,181	1,031,494
2014	$54,914	$44,176	1,022,657
2013	$53,117	$43,078	1,014,158
2012	$51,645	$42,165	1,004,168
2011	$49,952	$41,097	997,518
2010	$48,570	$38,695	990,730
2009	$47,123	$36,777	983,982
2008	$48,498	$38,124	976,415
2007	$47,976	$37,559	964,706
2006	$46,234	$34,813	952,692
2005	$44,052	$32,843	940,102
2004	$41,660	$30,280	930,009
2003	$39,420	$27,962	919,630
2002	$37,954	$26,262	911,667
2001	$37,100	$25,191	906,961
2000	$36,300	$24,206	903,773
1999	$34,480	$23,576	882,779
1998	$32,818	$23,227	879,533
1997	$31,424	$21,953	878,706

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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.

Montana GDP

Real GDP (2021 Dollars) in Montana

Trends in Montana Real GDP

Real GDP (2021 Dollars): Montana

Historical Real GDP (2021 Dollars) data for Montana

Nominal GDP in Montana

Trends in Montana Nominal GDP

Nominal GDP: Montana

Historical Nominal GDP data for Montana

Montana GDP Components: Per-Capita GDP & Popuation

Real GDP (2021 Dollars) in Montana

Trends Real in Montana Real Per-Capita GDP & Population

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

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

Nominal GDP in Montana

Trends in Nominal Montana Real Per-Capita GDP & Population

Nominal Per-Capita GDP: Montana, National

Historical Nominal Per-Capita GDP and Population data for Montana

Department of Numbers

GDP by State

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