Visualizing America’s $29 Trillion Economy by State

America’s $29 Trillion Economy by State

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The world’s largest economy continues its steady growth, surpassing $29 trillion of GDP in nominal terms.

Which states contribute the most to the nation’s economy? This graphic breaks down economic output by state, including DC and overseas activity.

Overseas activity is defined as economic activity taking place outside U.S. borders by the U.S. military and associated federal civilian support staff.

The data comes from the U.S. Bureau of Economic Analysis and reflects data from Q3 2024.

Which State Has the Highest GDP?

Below, we show the GDP for each U.S. state, as well as DC and overseas activity.

The Southeast leads all U.S. regions in GDP, reaching $6.5 trillion in Q3 2024, driven by Florida ($1.7 trillion) and Georgia ($888 billion). The Far West follows closely at $5.8 trillion, with California alone contributing $4.1 trillion, while the Mideast ranks third at $5.0 trillion, powered by New York ($2.3 trillion) and Pennsylvania ($1.0 trillion).

California has the largest economy out of all states by a wide margin, driven by the state’s strong presence in a diverse range of industries including its technology sector in Silicon Valley, entertainment industry in Hollywood, and agricultural sector in the Central Valley.

According to IMF data, the Golden State has had the world’s fifth largest economy in the world for seven consecutive years.

After California, Texas has the second-largest state economy at $2.7 trillion.

Texas is the top energy producer in the country, and also has a significant presence in manufacturing, including aerospace and aviation.

New York ranks as third, with its economy driven primarily by its dominant finance and insurance sector—including Wall Street and major banks—alongside healthcare, technology, and professional services, with New York City serving as a global hub for these industries.

U.S. Economy by Region

Which U.S. regions have the biggest contributions to GDP?

Learn More on the Voronoi App

To learn more about the American economy from another angle, check out this graphic that visualizes the economic output of the Eastern and Western seaboards of the U.S.