GDP Growth in Virginia

+2.6%
Real GDP growth
+2.2%
5-year average
Near average
Trend

Historical data

Coming soon

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

Compared to the United States

IndicatorVirginiaUnited States
Real GDP growth (%)2.62.8

National ranking

Virginia ranks #18 of 37 states by real gdp growth.

#1California$100,500
#2Texas$79,900
#3Florida$73,000
#4Vermont40
#5Alaska30%
#6Wyoming15%
#7Nevada4.6%
#8Arizona4%
#9Utah3.6%
#10Washington3.6%
#11Colorado3.4%
#12Georgia3.4%
#13Rhode Island3.2%
#14North Carolina3.2%
#15Delaware3.1%
#16Tennessee2.9%
#17New Mexico2.8%
#18Virginia2.6%
#19South Dakota2.6%
#20Oregon2.5%
#21New Jersey2.3%
#22Minnesota2.3%
#23New Hampshire2.3%
#24New York2.3%
#25Oklahoma2.3%
#26Massachusetts2.2%
#27Ohio2.1%
#28Illinois2.1%
#29Montana2.1%
#30Indiana2%
#31Michigan2%
#32Pennsylvania1.9%
#33Kentucky1.8%
#34Wisconsin1.8%
#35Missouri1.8%
#36Maine1.8%
#37Louisiana1.5%

Overview

In Virginia, real gdp growth stands at +2.6% (real gdp growth). The U.S. figure for real gdp growth (%) is 2.8, versus 2.6 for Virginia. Other real gdp growth indicators for Virginia — 5-year average: +2.2%; Trend: Near average.

Did you know?

  • Federal spending accounts for roughly a fifth of Virginia's economy, making growth unusually steady.

Related data