Department of Numbers

North Dakota GDP

North Dakota GDP was $63,387,000,000 in 2021 according to BEA data. North Dakota GDP represents 0.28% of US GDP which made it the 45th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in North Dakota

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
North Dakota $63.387 +10.95% -0.03% +8.91%

Trends in North Dakota Real GDP

Over the 5 years ending in 2021 the North Dakota economy grew in real terms by 8.91% at a compound annual growth rate of 1.72% per year. North Dakota GDP was at its highest in 2014 when it reached $68.434 bn. It is now $5.047 bn (7.38%) lower.

Real GDP (2021 Dollars): North Dakota

Historical Real GDP (2021 Dollars) data for North Dakota

Date North Dakota
(Billions)
2021 $63.387
2020 $57.133
2019 $62.197
2018 $63.404
2017 $60.673
2016 $58.199
2015 $63.313
2014 $68.434
2013 $63.135
2012 $61.354
2011 $50.148

more history ...

North Dakota GDP Components: Per-Capita GDP & Popuation

North Dakota per-capita GDP was $81,795 in 2021. which is $12,574 higher than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in North Dakota

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
North Dakota Per-Capita GDP $81,795 +11.52% -1.95% +6.27%
North Dakota Population 774,948 -0.52% +1.96% +2.49%

Trends Real in North Dakota Real Per-Capita GDP & Population

Real North Dakota per-capita GDP is 6.27% higher today than 5 years prior in 2016. In that time the population in North Dakota grew by 18,834 (2.49%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth North Dakota shown above.

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

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

Date US Per-Capita GDP North Dakota Per-Capita GDP North Dakota Population
2021 $69,221 $81,795 774,948
2020 $65,595 $73,345 778,962
2019 $68,164 $81,439 763,724
2018 $66,987 $83,419 760,062
2017 $65,472 $80,175 756,755
2016 $64,472 $76,971 756,114
2015 $63,906 $83,799 755,537
2014 $62,711 $92,637 738,736
2013 $61,792 $87,306 723,149
2012 $61,132 $87,371 702,227
2011 $60,234 $73,153 685,526

more history ...