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.
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 |
2010 |
$81.237 |
2009 |
$79.226 |
2008 |
$78.598 |
2007 |
$75.735 |
2006 |
$74.811 |
2005 |
$72.361 |
2004 |
$69.397 |
2003 |
$67.390 |
2002 |
$66.588 |
2001 |
$65.241 |
2000 |
$64.469 |
1999 |
$64.718 |
1998 |
$62.956 |
1997 |
$61.696 |
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Nominal GDP in West Virginia
|
2021 (Billions) |
1 Year Change |
3 Year Change |
5 Year Change |
West Virginia |
$87.394 |
+15.21% |
+10.56% |
+23.22% |
Trends in West Virginia Nominal GDP
Over the 5 years ending in 2021 the West Virginia economy grew in nominal terms by 23.22% at a compound annual growth rate of 4.26% per year.
Nominal West Virginia GDP, at $87.394 bn in 2021, is at the highest level recorded to date.
Nominal GDP: West Virginia
Historical Nominal GDP data for West Virginia
Date |
West Virginia |
2021 |
$87.394 |
2020 |
$75.855 |
2019 |
$79.140 |
2018 |
$79.045 |
2017 |
$74.799 |
2016 |
$70.924 |
2015 |
$71.319 |
2014 |
$72.648 |
2013 |
$71.481 |
2012 |
$70.322 |
2011 |
$69.234 |
2010 |
$65.999 |
2009 |
$63.601 |
2008 |
$62.695 |
2007 |
$59.273 |
2006 |
$57.010 |
2005 |
$53.492 |
2004 |
$49.741 |
2003 |
$47.040 |
2002 |
$45.581 |
2001 |
$43.973 |
2000 |
$42.496 |
1999 |
$41.714 |
1998 |
$40.015 |
1997 |
$38.778 |
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West Virginia per-capita GDP was $49,017 in 2021.
which is $20,204 lower than the US per-capita GDP.
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 |
2010 |
$59,785 |
$43,811 |
1,854,265 |
2009 |
$58,700 |
$42,877 |
1,847,775 |
2008 |
$60,801 |
$42,709 |
1,840,310 |
2007 |
$61,300 |
$41,294 |
1,834,052 |
2006 |
$60,671 |
$40,927 |
1,827,912 |
2005 |
$59,591 |
$39,748 |
1,820,492 |
2004 |
$58,122 |
$38,205 |
1,816,438 |
2003 |
$56,474 |
$37,185 |
1,812,295 |
2002 |
$55,447 |
$36,883 |
1,805,414 |
2001 |
$55,044 |
$36,215 |
1,801,481 |
2000 |
$55,069 |
$35,677 |
1,807,021 |
1999 |
$53,494 |
$35,817 |
1,806,928 |
1998 |
$51,633 |
$34,750 |
1,811,688 |
1997 |
$49,997 |
$33,981 |
1,815,588 |
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Nominal GDP in West Virginia
|
2021 |
1 Year Change |
3 Year Change |
5 Year Change |
US Per-Capita GDP |
$69,221 |
+9.91% |
+10.87% |
+26.64% |
West Virginia Per-Capita GDP |
$49,017 |
+15.65% |
+11.99% |
+26.64% |
West Virginia Population |
1,782,959 |
-0.38% |
-1.27% |
-2.70% |
Trends in Nominal West Virginia Real Per-Capita GDP & Population
Nominal West Virginia per-capita GDP is 26.64% 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.
Nominal Per-Capita GDP: West Virginia, National
Historical Nominal Per-Capita GDP 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 |
$62,978 |
$42,382 |
1,789,798 |
2019 |
$64,665 |
$44,083 |
1,795,263 |
2018 |
$62,432 |
$43,769 |
1,805,953 |
2017 |
$59,596 |
$41,128 |
1,818,683 |
2016 |
$57,593 |
$38,705 |
1,832,435 |
2015 |
$56,521 |
$38,690 |
1,843,332 |
2014 |
$54,914 |
$39,257 |
1,850,569 |
2013 |
$53,117 |
$38,539 |
1,854,768 |
2012 |
$51,645 |
$37,860 |
1,857,446 |
2011 |
$49,952 |
$37,291 |
1,856,606 |
2010 |
$48,570 |
$35,593 |
1,854,265 |
2009 |
$47,123 |
$34,420 |
1,847,775 |
2008 |
$48,498 |
$34,068 |
1,840,310 |
2007 |
$47,976 |
$32,318 |
1,834,052 |
2006 |
$46,234 |
$31,189 |
1,827,912 |
2005 |
$44,052 |
$29,384 |
1,820,492 |
2004 |
$41,660 |
$27,384 |
1,816,438 |
2003 |
$39,420 |
$25,956 |
1,812,295 |
2002 |
$37,954 |
$25,247 |
1,805,414 |
2001 |
$37,100 |
$24,410 |
1,801,481 |
2000 |
$36,300 |
$23,517 |
1,807,021 |
1999 |
$34,480 |
$23,086 |
1,806,928 |
1998 |
$32,818 |
$22,087 |
1,811,688 |
1997 |
$31,424 |
$21,358 |
1,815,588 |
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