New Mexico GDP
New Mexico GDP was $108,928,000,000 in 2021 according to BEA data.
New Mexico GDP represents 0.47% of US GDP which made it the 38th largest state economy in the nation in 2021.
New Mexico GDP was $108,928,000,000 in 2021 according to BEA data.
New Mexico GDP represents 0.47% of US GDP which made it the 38th largest state economy in the nation in 2021.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in New Mexico
|
2021
(Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
| New Mexico |
$108.928 |
+6.21% |
+4.37% |
+8.39% |
Trends in New Mexico Real GDP
Over the 5 years ending in 2021 the New Mexico economy grew in real terms by 8.39% at a compound annual growth rate of 1.63% per year.
Real New Mexico GDP, at $108.928 bn in 2021, is at the highest level recorded to date.
Real GDP (2021 Dollars): New Mexico
Historical Real GDP (2021 Dollars) data for New Mexico
| Date |
New Mexico
(Billions) |
| 2021 |
$108.928 |
| 2020 |
$102.564 |
| 2019 |
$107.489 |
| 2018 |
$104.366 |
| 2017 |
$101.412 |
| 2016 |
$100.492 |
| 2015 |
$102.070 |
| 2014 |
$105.274 |
| 2013 |
$103.254 |
| 2012 |
$104.077 |
| 2011 |
$104.984 |
| 2010 |
$104.148 |
| 2009 |
$102.721 |
| 2008 |
$106.171 |
| 2007 |
$103.239 |
| 2006 |
$101.844 |
| 2005 |
$99.983 |
| 2004 |
$97.601 |
| 2003 |
$89.755 |
| 2002 |
$84.452 |
| 2001 |
$82.772 |
| 2000 |
$83.599 |
| 1999 |
$82.254 |
| 1998 |
$79.702 |
| 1997 |
$83.490 |
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Nominal GDP in New Mexico
|
2021
(Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
| New Mexico |
$108.928 |
+10.62% |
+11.99% |
+21.34% |
Trends in New Mexico Nominal GDP
Over the 5 years ending in 2021 the New Mexico economy grew in nominal terms by 21.34% at a compound annual growth rate of 3.94% per year.
Nominal New Mexico GDP, at $108.928 bn in 2021, is at the highest level recorded to date.
Nominal GDP: New Mexico
Historical Nominal GDP data for New Mexico
| Date |
New Mexico |
| 2021 |
$108.928 |
| 2020 |
$98.472 |
| 2019 |
$101.972 |
| 2018 |
$97.269 |
| 2017 |
$92.311 |
| 2016 |
$89.769 |
| 2015 |
$90.274 |
| 2014 |
$92.186 |
| 2013 |
$88.757 |
| 2012 |
$87.925 |
| 2011 |
$87.063 |
| 2010 |
$84.612 |
| 2009 |
$82.462 |
| 2008 |
$84.688 |
| 2007 |
$80.800 |
| 2006 |
$77.610 |
| 2005 |
$73.911 |
| 2004 |
$69.957 |
| 2003 |
$62.651 |
| 2002 |
$57.808 |
| 2001 |
$55.790 |
| 2000 |
$55.105 |
| 1999 |
$53.017 |
| 1998 |
$50.659 |
| 1997 |
$52.476 |
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New Mexico per-capita GDP was $51,481 in 2021.
which is $17,740 lower than the US per-capita GDP.
New Mexico per-capita GDP was $51,481 in 2021.
which is $17,740 lower than the US per-capita GDP.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in New Mexico
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
| US Per-Capita GDP |
$69,221 |
+5.53% |
+3.34% |
+7.37% |
| New Mexico Per-Capita GDP |
$51,481 |
+6.29% |
+3.28% |
+7.20% |
| New Mexico Population |
2,115,877 |
-0.08% |
+1.06% |
+1.11% |
Trends Real in New Mexico Real Per-Capita GDP & Population
Real New Mexico per-capita GDP is 7.20% higher today than 5 years prior in 2016. In that time the population in New Mexico grew by 23,322 (1.11%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth New Mexico shown above.
Real Per-Capita GDP (2021 Dollars): New Mexico, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for New Mexico
| Date |
US Per-Capita GDP |
New Mexico Per-Capita GDP |
New Mexico Population |
| 2021 |
$69,221 |
$51,481 |
2,115,877 |
| 2020 |
$65,595 |
$48,435 |
2,117,566 |
| 2019 |
$68,164 |
$51,194 |
2,099,634 |
| 2018 |
$66,987 |
$49,846 |
2,093,754 |
| 2017 |
$65,472 |
$48,457 |
2,092,844 |
| 2016 |
$64,472 |
$48,023 |
2,092,554 |
| 2015 |
$63,906 |
$48,835 |
2,090,071 |
| 2014 |
$62,711 |
$50,364 |
2,090,235 |
| 2013 |
$61,792 |
$49,337 |
2,092,833 |
| 2012 |
$61,132 |
$49,852 |
2,087,715 |
| 2011 |
$60,234 |
$50,456 |
2,080,706 |
| 2010 |
$59,785 |
$50,444 |
2,064,614 |
| 2009 |
$58,700 |
$50,433 |
2,036,802 |
| 2008 |
$60,801 |
$52,804 |
2,010,662 |
| 2007 |
$61,300 |
$51,877 |
1,990,070 |
| 2006 |
$60,671 |
$51,905 |
1,962,137 |
| 2005 |
$59,591 |
$51,744 |
1,932,274 |
| 2004 |
$58,122 |
$51,266 |
1,903,808 |
| 2003 |
$56,474 |
$47,804 |
1,877,574 |
| 2002 |
$55,447 |
$45,519 |
1,855,309 |
| 2001 |
$55,044 |
$45,189 |
1,831,690 |
| 2000 |
$55,069 |
$45,903 |
1,821,204 |
| 1999 |
$53,494 |
$47,277 |
1,739,844 |
| 1998 |
$51,633 |
$45,977 |
1,733,535 |
| 1997 |
$49,997 |
$48,458 |
1,722,939 |
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Nominal GDP in New Mexico
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
| US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+20.00% |
| New Mexico Per-Capita GDP |
$51,481 |
+10.71% |
+10.82% |
+20.00% |
| New Mexico Population |
2,115,877 |
-0.08% |
+1.06% |
+1.11% |
Trends in Nominal New Mexico Real Per-Capita GDP & Population
Nominal New Mexico per-capita GDP is 20.00% higher today than 5 years prior in 2016. In that time the population in New Mexico grew by 23,322 (1.11%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth New Mexico shown above.
Nominal Per-Capita GDP: New Mexico, National
Historical Nominal Per-Capita GDP and Population data for New Mexico
| Date |
US Per-Capita GDP |
New Mexico Per-Capita GDP |
New Mexico Population |
| 2021 |
$69,221 |
$51,481 |
2,115,877 |
| 2020 |
$62,978 |
$46,502 |
2,117,566 |
| 2019 |
$64,665 |
$48,566 |
2,099,634 |
| 2018 |
$62,432 |
$46,457 |
2,093,754 |
| 2017 |
$59,596 |
$44,108 |
2,092,844 |
| 2016 |
$57,593 |
$42,899 |
2,092,554 |
| 2015 |
$56,521 |
$43,192 |
2,090,071 |
| 2014 |
$54,914 |
$44,103 |
2,090,235 |
| 2013 |
$53,117 |
$42,410 |
2,092,833 |
| 2012 |
$51,645 |
$42,116 |
2,087,715 |
| 2011 |
$49,952 |
$41,843 |
2,080,706 |
| 2010 |
$48,570 |
$40,982 |
2,064,614 |
| 2009 |
$47,123 |
$40,486 |
2,036,802 |
| 2008 |
$48,498 |
$42,120 |
2,010,662 |
| 2007 |
$47,976 |
$40,601 |
1,990,070 |
| 2006 |
$46,234 |
$39,554 |
1,962,137 |
| 2005 |
$44,052 |
$38,251 |
1,932,274 |
| 2004 |
$41,660 |
$36,746 |
1,903,808 |
| 2003 |
$39,420 |
$33,368 |
1,877,574 |
| 2002 |
$37,954 |
$31,158 |
1,855,309 |
| 2001 |
$37,100 |
$30,458 |
1,831,690 |
| 2000 |
$36,300 |
$30,257 |
1,821,204 |
| 1999 |
$34,480 |
$30,472 |
1,739,844 |
| 1998 |
$32,818 |
$29,223 |
1,733,535 |
| 1997 |
$31,424 |
$30,457 |
1,722,939 |
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