GDP
Oklahoma's GDP reached about $237 billion in 2023, ranking 29th among U.S. states, driven by oil and gas, aerospace, and agriculture.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED OKRGSP).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| GDP (USD B) | 237 | 27700 |
- •Devon Energy and Continental Resources, two major U.S. oil producers, are headquartered in Oklahoma City.
- •Tinker Air Force Base is the largest single-site employer in the state.
GDP Growth
Oklahoma's real GDP grew about 2.3% in 2023, supported by strong energy prices and aerospace activity.
Real GDP growth
1998–2025Annual % change in BEA real GDP (OKRGSP).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| GDP growth (%) | 2.3 | 2.9 |
Personal Income
Oklahoma's total personal income was about $210 billion in 2023, with per capita personal income around $58,500.
Per capita personal income
1970–2025BEA, current dollars (FRED OKPCPI).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| Personal income (USD B) | 210 | 23000 |
Median Household Income
Oklahoma's median household income is $61,364, ranking 43rd nationally, reflecting a lower cost of living and wage structure.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSOKA646N).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| Median household income (USD) | 61364 | 77719 |
Poverty Rate
About 15.2% of Oklahomans live below the poverty line, among the higher rates in the country.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAAOK40000A156NCEN).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| Poverty rate (%) | 15.2 | 12.5 |
Inflation
Consumer prices in Oklahoma rose about 3.0% year-over-year in 2023, close to the national inflation rate.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, South region
2007–2025BLS CPI-U all items, South region, annual average change (CUUR0300SA0).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| Inflation rate (%) | 3 | 3.4 |
Economic Output
Oklahoma's GDP per capita is about $58,500, below the national average, reflecting a more agriculture- and energy-dependent economy.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED OKNGSP).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| GDP per capita (USD) | 58500 | 82700 |
Industry Breakdown
Oklahoma's economy is led by oil and gas extraction, aerospace maintenance at Tinker Air Force Base, agriculture (wheat, cattle), and tribal gaming.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED OKGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED OKMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED OKCONS).
| Indicator | Oklahoma | U.S. |
|---|---|---|
| Mining/energy share of GDP (%) | 12 | 2 |
- •Tribal gaming generates roughly $3 billion a year for Oklahoma's tribal nations.