Pennsylvania GDP
Pennsylvania GDP was $839,436,000,000 in 2021 according to BEA data.
Pennsylvania GDP represents 3.65% of US GDP which made it the 6th largest state economy in the nation in 2021.
Pennsylvania GDP was $839,436,000,000 in 2021 according to BEA data.
Pennsylvania GDP represents 3.65% of US GDP which made it the 6th largest state economy in the nation in 2021.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Pennsylvania
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Pennsylvania |
$839.437 |
+4.41% |
+1.26% |
+3.21% |
Trends in Pennsylvania Real GDP
Over the 5 years ending in 2021 the Pennsylvania economy grew in real terms by 3.21% at a compound annual growth rate of 0.63% per year.
Pennsylvania GDP was at its highest in 2019 when it reached $842.956 bn. It is now $3.519 bn (0.42%) lower.
Real GDP (2021 Dollars): Pennsylvania
Historical Real GDP (2021 Dollars) data for Pennsylvania
Date |
Pennsylvania (Billions) |
2021 |
$839.437 |
2020 |
$803.970 |
2019 |
$842.956 |
2018 |
$828.981 |
2017 |
$818.464 |
2016 |
$813.345 |
2015 |
$807.521 |
2014 |
$792.692 |
2013 |
$777.767 |
2012 |
$766.950 |
2011 |
$753.432 |
2010 |
$744.366 |
2009 |
$725.169 |
2008 |
$737.187 |
2007 |
$722.971 |
2006 |
$697.163 |
2005 |
$692.239 |
2004 |
$679.873 |
2003 |
$659.392 |
2002 |
$644.211 |
2001 |
$633.679 |
2000 |
$620.727 |
1999 |
$606.491 |
1998 |
$588.024 |
1997 |
$567.974 |
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Nominal GDP in Pennsylvania
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
Pennsylvania |
$839.437 |
+8.75% |
+8.65% |
+15.54% |
Trends in Pennsylvania Nominal GDP
Over the 5 years ending in 2021 the Pennsylvania economy grew in nominal terms by 15.54% at a compound annual growth rate of 2.93% per year.
Nominal Pennsylvania GDP, at $839.437 bn in 2021, is at the highest level recorded to date.
Nominal GDP: Pennsylvania
Historical Nominal GDP data for Pennsylvania
Date |
Pennsylvania |
2021 |
$839.437 |
2020 |
$771.898 |
2019 |
$799.686 |
2018 |
$772.611 |
2017 |
$745.011 |
2016 |
$726.562 |
2015 |
$714.203 |
2014 |
$694.143 |
2013 |
$668.569 |
2012 |
$647.926 |
2011 |
$624.820 |
2010 |
$604.737 |
2009 |
$582.145 |
2008 |
$588.025 |
2007 |
$565.832 |
2006 |
$531.274 |
2005 |
$511.731 |
2004 |
$487.306 |
2003 |
$460.271 |
2002 |
$440.972 |
2001 |
$427.109 |
2000 |
$409.160 |
1999 |
$390.917 |
1998 |
$373.748 |
1997 |
$356.988 |
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Pennsylvania per-capita GDP was $64,751 in 2021.
which is $4,470 lower than the US per-capita GDP.
Pennsylvania per-capita GDP was $64,751 in 2021.
which is $4,470 lower than the US per-capita GDP.
Show dollars as: Nominal Real
Real GDP (2021 Dollars) in Pennsylvania
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+5.53% |
+3.34% |
+7.37% |
Pennsylvania Per-Capita GDP |
$64,751 |
+4.62% |
+0.05% |
+1.81% |
Pennsylvania Population |
12,964,056 |
-0.20% |
+1.21% |
+1.37% |
Trends Real in Pennsylvania Real Per-Capita GDP & Population
Real Pennsylvania per-capita GDP is 1.81% higher today than 5 years prior in 2016. In that time the population in Pennsylvania grew by 175,588 (1.37%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Pennsylvania shown above.
Real Per-Capita GDP (2021 Dollars): Pennsylvania, National
Historical Real Per-Capita GDP (2021 Dollars) and Population data for Pennsylvania
Date |
US Per-Capita GDP |
Pennsylvania Per-Capita GDP |
Pennsylvania Population |
2021 |
$69,221 |
$64,751 |
12,964,056 |
2020 |
$65,595 |
$61,893 |
12,989,625 |
2019 |
$68,164 |
$65,862 |
12,798,883 |
2018 |
$66,987 |
$64,718 |
12,809,107 |
2017 |
$65,472 |
$63,969 |
12,794,679 |
2016 |
$64,472 |
$63,600 |
12,788,468 |
2015 |
$63,906 |
$63,138 |
12,789,838 |
2014 |
$62,711 |
$61,966 |
12,792,392 |
2013 |
$61,792 |
$60,860 |
12,779,538 |
2012 |
$61,132 |
$60,063 |
12,769,123 |
2011 |
$60,234 |
$59,106 |
12,747,052 |
2010 |
$59,785 |
$58,559 |
12,711,406 |
2009 |
$58,700 |
$57,249 |
12,666,858 |
2008 |
$60,801 |
$58,450 |
12,612,285 |
2007 |
$61,300 |
$57,543 |
12,563,937 |
2006 |
$60,671 |
$55,725 |
12,510,809 |
2005 |
$59,591 |
$55,602 |
12,449,990 |
2004 |
$58,122 |
$54,781 |
12,410,722 |
2003 |
$56,474 |
$53,286 |
12,374,658 |
2002 |
$55,447 |
$52,243 |
12,331,031 |
2001 |
$55,044 |
$51,523 |
12,298,970 |
2000 |
$55,069 |
$50,531 |
12,284,173 |
1999 |
$53,494 |
$50,566 |
11,994,016 |
1998 |
$51,633 |
$48,993 |
12,002,329 |
1997 |
$49,997 |
$47,269 |
12,015,888 |
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Nominal GDP in Pennsylvania
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+13.97% |
Pennsylvania Per-Capita GDP |
$64,751 |
+8.96% |
+7.35% |
+13.97% |
Pennsylvania Population |
12,964,056 |
-0.20% |
+1.21% |
+1.37% |
Trends in Nominal Pennsylvania Real Per-Capita GDP & Population
Nominal Pennsylvania per-capita GDP is 13.97% higher today than 5 years prior in 2016. In that time the population in Pennsylvania grew by 175,588 (1.37%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Pennsylvania shown above.
Nominal Per-Capita GDP: Pennsylvania, National
Historical Nominal Per-Capita GDP and Population data for Pennsylvania
Date |
US Per-Capita GDP |
Pennsylvania Per-Capita GDP |
Pennsylvania Population |
2021 |
$69,221 |
$64,751 |
12,964,056 |
2020 |
$62,978 |
$59,424 |
12,989,625 |
2019 |
$64,665 |
$62,481 |
12,798,883 |
2018 |
$62,432 |
$60,317 |
12,809,107 |
2017 |
$59,596 |
$58,228 |
12,794,679 |
2016 |
$57,593 |
$56,814 |
12,788,468 |
2015 |
$56,521 |
$55,841 |
12,789,838 |
2014 |
$54,914 |
$54,262 |
12,792,392 |
2013 |
$53,117 |
$52,316 |
12,779,538 |
2012 |
$51,645 |
$50,742 |
12,769,123 |
2011 |
$49,952 |
$49,017 |
12,747,052 |
2010 |
$48,570 |
$47,574 |
12,711,406 |
2009 |
$47,123 |
$45,958 |
12,666,858 |
2008 |
$48,498 |
$46,623 |
12,612,285 |
2007 |
$47,976 |
$45,036 |
12,563,937 |
2006 |
$46,234 |
$42,465 |
12,510,809 |
2005 |
$44,052 |
$41,103 |
12,449,990 |
2004 |
$41,660 |
$39,265 |
12,410,722 |
2003 |
$39,420 |
$37,195 |
12,374,658 |
2002 |
$37,954 |
$35,761 |
12,331,031 |
2001 |
$37,100 |
$34,727 |
12,298,970 |
2000 |
$36,300 |
$33,308 |
12,284,173 |
1999 |
$34,480 |
$32,593 |
11,994,016 |
1998 |
$32,818 |
$31,140 |
12,002,329 |
1997 |
$31,424 |
$29,710 |
12,015,888 |
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