Department of Numbers

West Virginia GDP

West Virginia GDP was $87,394,000,000 in 2021 according to BEA data. West Virginia GDP represents 0.38% of US GDP which made it the 41st largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in West Virginia

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
West Virginia $87.394 +10.62% +3.05% +10.07%

Trends in West Virginia Real GDP

Over the 5 years ending in 2021 the West Virginia economy grew in real terms by 10.07% at a compound annual growth rate of 1.94% per year. Real West Virginia GDP, at $87.394 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): West Virginia

Historical Real GDP (2021 Dollars) data for West Virginia

Date West Virginia
(Billions)
2021 $87.394
2020 $79.007
2019 $83.422
2018 $84.812
2017 $82.174
2016 $79.396
2015 $80.637
2014 $82.962
2013 $83.157
2012 $83.240
2011 $83.485

more history ...

West Virginia GDP Components: Per-Capita GDP & Popuation

West Virginia per-capita GDP was $49,017 in 2021. which is $20,204 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in West Virginia

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
West Virginia Per-Capita GDP $49,017 +11.04% +4.37% +13.13%
West Virginia Population 1,782,959 -0.38% -1.27% -2.70%

Trends Real in West Virginia Real Per-Capita GDP & Population

Real West Virginia per-capita GDP is 13.13% higher today than 5 years prior in 2016. In that time the population in West Virginia shrank by 49,476 (-2.70%) people. The per-capita GDP growth plus the population decline are approximatly equal to the GDP growth West Virginia shown above.

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

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

Date US Per-Capita GDP West Virginia Per-Capita GDP West Virginia Population
2021 $69,221 $49,017 1,782,959
2020 $65,595 $44,143 1,789,798
2019 $68,164 $46,468 1,795,263
2018 $66,987 $46,962 1,805,953
2017 $65,472 $45,183 1,818,683
2016 $64,472 $43,328 1,832,435
2015 $63,906 $43,745 1,843,332
2014 $62,711 $44,831 1,850,569
2013 $61,792 $44,834 1,854,768
2012 $61,132 $44,814 1,857,446
2011 $60,234 $44,967 1,856,606

more history ...