GDP in Minnesota

$466 B
GDP
18th in the U.S.
Rank
1.7%
Share of U.S. GDP

Historical data

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Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorMinnesotaUnited States
GDP (USD B)46627700

National ranking

Minnesota ranks #21 of 50 states by gdp.

#1New Hampshire$120,000,000,000
#2Maine$88,000,000,000
#3Rhode Island$79,000,000,000
#4Montana$68,000,000,000
#5California3,900
#6Texas2,400
#7Florida1,650
#8Ohio921
#9Georgia877
#10Washington860
#11New Jersey838
#12North Carolina838
#13Massachusetts754
#14Michigan706
#15Virginia685
#16Arizona528
#17Tennessee509
#18Indiana497
#19Colorado493
#20Maryland483
#21Minnesota466
#22Wisconsin448
#23Missouri438
#24South Carolina320
#25Connecticut317
#26Alabama308
#27Oregon304
#28Louisiana296
#29Kentucky260
#30Iowa253
#31Utah248
#32Oklahoma237
#33Kansas228
#34Nevada220
#35Nebraska182
#36Arkansas175
#37Mississippi158
#38New Mexico120
#39Idaho118
#40Hawaii109
#41West Virginia101
#42Delaware$92
#43Vermont$50
#44Wyoming$49
#45Alaska48M
#46South Dakota46
#47North Dakota45M
#48New York2.29
#49Illinois1.09
#50Pennsylvania1.02

Overview

Minnesota's GDP reached about $466 billion in 2023, ranking 18th among U.S. states, led by healthcare, medical technology and agribusiness. Key figures for Minnesota include GDP of $466 B, Rank of 18th in the U.S. and Share of U.S. GDP of 1.7%, offering a clear snapshot of gdp in the state. Understanding gdp helps residents, businesses and policymakers compare Minnesota to national and regional benchmarks.

Did you know?

  • Minnesota is home to 16 Fortune 500 company headquarters, including UnitedHealth Group, Target and 3M.
  • The Mayo Clinic, based in Rochester, is one of the world's top-ranked hospitals.

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