$

Economy in New Mexico

GDP, income, output and the industries that drive the economy.

Topics

Dive into each indicator for New Mexico.

$120 B
GDP
38th in the U.S.
$56,300
GDP per capita
3.9%
Unemployment rate
2024
$44,200
Median annual wage
≈ 690 M barrels/yr
Oil production
2nd in the U.S.
Oil & gas, federal government, science labs & film
Leading sectors

Historical data

Coming soon

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

Data table

GDP$120 B38th in the U.S.
GDP per capita$56,300
Unemployment rate3.9%2024
Median annual wage$44,200
Oil production≈ 690 M barrels/yr2nd in the U.S.
Leading sectorsOil & gas, federal government, science labs & film

Compared to the United States

Coming soon

Side-by-side comparison of New Mexico vs. the U.S. average.

National ranking

Coming soon

The national ranking against every other state will appear here as more states are published.