$120 B
GDP
38th in the U.S.
Rank
0.44%
Share of U.S. GDP
Historical data
Coming soon
Long-run charts for this indicator are on the way.
Compared to the United States
| Indicator | New Mexico | United States |
|---|---|---|
| GDP (USD B) | 120 | 27700 |
National ranking
New Mexico ranks #38 of 50 states by gdp.
| #1 | New Hampshire | $120,000,000,000 |
| #2 | Maine | $88,000,000,000 |
| #3 | Rhode Island | $79,000,000,000 |
| #4 | Montana | $68,000,000,000 |
| #5 | California | 3,900 |
| #6 | Texas | 2,400 |
| #7 | Florida | 1,650 |
| #8 | Ohio | 921 |
| #9 | Georgia | 877 |
| #10 | Washington | 860 |
| #11 | New Jersey | 838 |
| #12 | North Carolina | 838 |
| #13 | Massachusetts | 754 |
| #14 | Michigan | 706 |
| #15 | Virginia | 685 |
| #16 | Arizona | 528 |
| #17 | Tennessee | 509 |
| #18 | Indiana | 497 |
| #19 | Colorado | 493 |
| #20 | Maryland | 483 |
| #21 | Minnesota | 466 |
| #22 | Wisconsin | 448 |
| #23 | Missouri | 438 |
| #24 | South Carolina | 320 |
| #25 | Connecticut | 317 |
| #26 | Alabama | 308 |
| #27 | Oregon | 304 |
| #28 | Louisiana | 296 |
| #29 | Kentucky | 260 |
| #30 | Iowa | 253 |
| #31 | Utah | 248 |
| #32 | Oklahoma | 237 |
| #33 | Kansas | 228 |
| #34 | Nevada | 220 |
| #35 | Nebraska | 182 |
| #36 | Arkansas | 175 |
| #37 | Mississippi | 158 |
| #38 | New Mexico | 120 |
| #39 | Idaho | 118 |
| #40 | Hawaii | 109 |
| #41 | West Virginia | 101 |
| #42 | Delaware | $92 |
| #43 | Vermont | $50 |
| #44 | Wyoming | $49 |
| #45 | Alaska | 48M |
| #46 | South Dakota | 46 |
| #47 | North Dakota | 45M |
| #48 | New York | 2.29 |
| #49 | Illinois | 1.09 |
| #50 | Pennsylvania | 1.02 |
Overview
New Mexico's gdp stands at $120 B, a key indicator for anyone evaluating gdp in the state. Additional figures include rank: 38th in the U.S., share of u.s. gdp: 0.44%, giving a fuller picture of gdp trends across New Mexico. New Mexico's GDP reached about $120 billion in 2023, ranking 38th among U.S. states, driven largely by oil and gas extraction in the Permian Basin.
Did you know?
- New Mexico is the 2nd-largest oil-producing state in the country, behind only Texas.