Department of Numbers

Ohio GDP

Ohio GDP was $736,450,000,000 in 2021 according to BEA data. Ohio GDP represents 3.20% of US GDP which made it the 7th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Ohio

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
Ohio $736.450 +4.36% +2.91% +5.55%

Trends in Ohio Real GDP

Over the 5 years ending in 2021 the Ohio economy grew in real terms by 5.55% at a compound annual growth rate of 1.09% per year. Real Ohio GDP, at $736.450 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Ohio

Historical Real GDP (2021 Dollars) data for Ohio

Date Ohio
(Billions)
2021 $736.450
2020 $705.713
2019 $730.707
2018 $715.636
2017 $705.017
2016 $697.711
2015 $690.856
2014 $680.205
2013 $659.064
2012 $645.993
2011 $636.912

more history ...

Ohio GDP Components: Per-Capita GDP & Popuation

Ohio per-capita GDP was $62,517 in 2021. which is $6,704 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Ohio

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
Ohio Per-Capita GDP $62,517 +4.45% +2.04% +4.30%
Ohio Population 11,780,017 -0.09% +0.85% +1.20%

Trends Real in Ohio Real Per-Capita GDP & Population

Real Ohio per-capita GDP is 4.30% higher today than 5 years prior in 2016. In that time the population in Ohio grew by 139,957 (1.20%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Ohio shown above.

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

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

Date US Per-Capita GDP Ohio Per-Capita GDP Ohio Population
2021 $69,221 $62,517 11,780,017
2020 $65,595 $59,854 11,790,587
2019 $68,164 $62,472 11,696,507
2018 $66,987 $61,266 11,680,892
2017 $65,472 $60,435 11,665,706
2016 $64,472 $59,940 11,640,060
2015 $63,906 $59,442 11,622,315
2014 $62,711 $58,605 11,606,573
2013 $61,792 $56,916 11,579,692
2012 $61,132 $55,925 11,550,971
2011 $60,234 $55,164 11,545,735

more history ...