Texas GDP

Texas GDP was $1,985,318,000,000 in 2021 according to BEA data. Texas GDP represents 8.63% of US GDP which made it the 2nd largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Texas

	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Texas	$1,985.318	+7.35%	+2.24%	+12.32%

Trends in Texas Real GDP

Over the 5 years ending in 2021 the Texas economy grew in real terms by 12.32% at a compound annual growth rate of 2.35% per year. Real Texas GDP, at $1,985.318 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Texas

Historical Real GDP (2021 Dollars) data for Texas

Date	Texas (Billions)
2021	$1,985.318
2020	$1,849.362
2019	$1,964.809
2018	$1,941.742
2017	$1,842.461
2016	$1,767.619
2015	$1,779.093
2014	$1,803.516
2013	$1,762.673
2012	$1,682.251
2011	$1,617.434
2010	$1,533.642
2009	$1,456.963
2008	$1,559.932
2007	$1,521.877
2006	$1,447.669
2005	$1,346.316
2004	$1,274.406
2003	$1,193.861
2002	$1,153.836
2001	$1,147.418
2000	$1,120.631
1999	$1,054.790
1998	$1,015.013
1997	$970.770

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	2021 (Billions)	1 Year Change	3 Year Change	5 Year Change
Texas	$1,985.318	+11.81%	+9.70%	+25.73%

Texas GDP Components: Per-Capita GDP & Popuation

Texas per-capita GDP was $67,235 in 2021. which is $1,986 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Texas

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+5.53%	+3.34%	+7.37%
Texas Per-Capita GDP	$67,235	+6.22%	-0.88%	+6.18%
Texas Population	29,527,941	+1.06%	+3.16%	+5.78%

Trends Real in Texas Real Per-Capita GDP & Population

Real Texas per-capita GDP is 6.18% higher today than 5 years prior in 2016. In that time the population in Texas grew by 1,613,877 (5.78%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Texas shown above.

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

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

Date	US Per-Capita GDP	Texas Per-Capita GDP	Texas Population
2021	$69,221	$67,235	29,527,941
2020	$65,595	$63,296	29,217,653
2019	$68,164	$67,783	28,986,794
2018	$66,987	$67,835	28,624,564
2017	$65,472	$65,125	28,291,024
2016	$64,472	$63,324	27,914,064
2015	$63,906	$64,768	27,468,531
2014	$62,711	$66,888	26,963,092
2013	$61,792	$66,567	26,479,646
2012	$61,132	$64,493	26,084,120
2011	$60,234	$63,069	25,645,504
2010	$59,785	$60,758	25,241,897
2009	$58,700	$58,744	24,801,761
2008	$60,801	$64,171	24,309,039
2007	$61,300	$63,859	23,831,983
2006	$60,671	$61,973	23,359,580
2005	$59,591	$59,106	22,778,123
2004	$58,122	$56,908	22,394,023
2003	$56,474	$54,190	22,030,931
2002	$55,447	$53,196	21,690,325
2001	$55,044	$53,820	21,319,622
2000	$55,069	$53,505	20,944,499
1999	$53,494	$52,623	20,044,141
1998	$51,633	$51,491	19,712,389
1997	$49,997	$50,155	19,355,427

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Nominal GDP in Texas

	2021	1 Year Change	3 Year Change	5 Year Change
US Per-Capita GDP	$69,221	+9.91%	+10.87%	+18.86%
Texas Per-Capita GDP	$67,235	+10.64%	+6.35%	+18.86%
Texas Population	29,527,941	+1.06%	+3.16%	+5.78%

Trends in Nominal Texas Real Per-Capita GDP & Population

Nominal Texas per-capita GDP is 18.86% higher today than 5 years prior in 2016. In that time the population in Texas grew by 1,613,877 (5.78%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Texas shown above.

Nominal Per-Capita GDP: Texas, National

Historical Nominal Per-Capita GDP and Population data for Texas

Date	US Per-Capita GDP	Texas Per-Capita GDP	Texas Population
2021	$69,221	$67,235	29,527,941
2020	$62,978	$60,771	29,217,653
2019	$64,665	$64,304	28,986,794
2018	$62,432	$63,222	28,624,564
2017	$59,596	$59,281	28,291,024
2016	$57,593	$56,567	27,914,064
2015	$56,521	$57,284	27,468,531
2014	$54,914	$58,573	26,963,092
2013	$53,117	$57,221	26,479,646
2012	$51,645	$54,484	26,084,120
2011	$49,952	$52,303	25,645,504
2010	$48,570	$49,361	25,241,897
2009	$47,123	$47,158	24,801,761
2008	$48,498	$51,187	24,309,039
2007	$47,976	$49,979	23,831,983
2006	$46,234	$47,227	23,359,580
2005	$44,052	$43,693	22,778,123
2004	$41,660	$40,790	22,394,023
2003	$39,420	$37,826	22,030,931
2002	$37,954	$36,413	21,690,325
2001	$37,100	$36,275	21,319,622
2000	$36,300	$35,268	20,944,499
1999	$34,480	$33,919	20,044,141
1998	$32,818	$32,728	19,712,389
1997	$31,424	$31,524	19,355,427

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Department of Numbers

The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.

Texas GDP

Real GDP (2021 Dollars) in Texas

Trends in Texas Real GDP

Real GDP (2021 Dollars): Texas

Historical Real GDP (2021 Dollars) data for Texas

Nominal GDP in Texas

Trends in Texas Nominal GDP

Nominal GDP: Texas

Historical Nominal GDP data for Texas

Texas GDP Components: Per-Capita GDP & Popuation

Real GDP (2021 Dollars) in Texas

Trends Real in Texas Real Per-Capita GDP & Population

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

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

Nominal GDP in Texas

Trends in Nominal Texas Real Per-Capita GDP & Population

Nominal Per-Capita GDP: Texas, National

Historical Nominal Per-Capita GDP and Population data for Texas

Department of Numbers

GDP by State

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