Department of Numbers

Tennessee GDP

Tennessee GDP was $418,294,000,000 in 2021 according to BEA data. Tennessee GDP represents 1.82% of US GDP which made it the 18th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Tennessee

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
Tennessee $418.294 +8.67% +7.88% +11.07%

Trends in Tennessee Real GDP

Over the 5 years ending in 2021 the Tennessee economy grew in real terms by 11.07% at a compound annual growth rate of 2.12% per year. Real Tennessee GDP, at $418.294 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Tennessee

Historical Real GDP (2021 Dollars) data for Tennessee

Date Tennessee
(Billions)
2021 $418.294
2020 $384.930
2019 $397.311
2018 $387.748
2017 $384.329
2016 $376.596
2015 $367.797
2014 $349.618
2013 $344.186
2012 $338.942
2011 $325.353

more history ...

Tennessee GDP Components: Per-Capita GDP & Popuation

Tennessee per-capita GDP was $59,969 in 2021. which is $9,252 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Tennessee

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
Tennessee Per-Capita GDP $59,969 +7.81% +4.83% +5.91%
Tennessee Population 6,975,218 +0.80% +2.91% +4.87%

Trends Real in Tennessee Real Per-Capita GDP & Population

Real Tennessee per-capita GDP is 5.91% higher today than 5 years prior in 2016. In that time the population in Tennessee grew by 323,941 (4.87%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Tennessee shown above.

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

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

Date US Per-Capita GDP Tennessee Per-Capita GDP Tennessee Population
2021 $69,221 $59,969 6,975,218
2020 $65,595 $55,625 6,920,119
2019 $68,164 $58,169 6,830,325
2018 $66,987 $57,205 6,778,180
2017 $65,472 $57,237 6,714,748
2016 $64,472 $56,620 6,651,277
2015 $63,906 $55,766 6,595,354
2014 $62,711 $53,421 6,544,617
2013 $61,792 $52,977 6,496,943
2012 $61,132 $52,502 6,455,752
2011 $60,234 $50,834 6,400,298

more history ...