Economy in West Virginia

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

Real GDP (chained 2017 dollars)
$84,936,000,000
2025 · BEA
Real GDP growth
2.8%
2025 · Annual % change in BEA real GDP
Per capita personal income
$58,217
2025 · BEA
Median household income (CPS)
$61,770
2025 · Census CPS ASEC
Poverty rate, all ages (SAIPE)
16.2%
2024 · Census Small Area Income and Poverty Estimates
CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
Nominal GDP (current dollars)
$111,302,000,000
2025 · BEA
Government jobs
148,067
2025 · BLS Current Employment Statistics

GDP

West Virginia’s economy produced about $101 billion in 2023, driven by energy, chemicals and health care.

Real GDP (chained 2017 dollars)
$84,936,000,000
2025 · BEA
Rank
40th
Share of U.S. GDP
0.3%

Real GDP (chained 2017 dollars)

1997–2025
$84,936,000,000▲ 41%

BEA, chained 2017 dollars (FRED WVRGSP).

IndicatorWest VirginiaU.S.
GDP (USD B)10129200
  • •West Virginia is the second-largest coal producer in the U.S. after Wyoming.

GDP Growth

West Virginia's real GDP grew about 1.6% in 2023, trailing the 2.5% national growth rate.

Real GDP growth
2.8%
2025 · Annual % change in BEA real GDP
Real GDP Growth
1.6%
2023
US Real GDP Growth
2.5%
2023

Real GDP growth

1998–2025
2.8%

Annual % change in BEA real GDP (WVRGSP).

IndicatorWest VirginiaU.S.
Real GDP Growth1.62.5
  • •West Virginia's economy remains more sensitive to energy-price swings than most other states.

Personal Income

Per capita personal income in West Virginia was about $52,238 in 2023, well below the national figure of $65,470.

Per capita personal income
$58,217
2025 · BEA
Per Capita Personal Income
$52,238
2023
US Per Capita Personal Income
$65,470
2023

Per capita personal income

1970–2025
$58,217▲ 1745%

BEA, current dollars (FRED WVPCPI).

IndicatorWest VirginiaU.S.
Per Capita Personal Income ($)5223865470
  • •West Virginia's lower cost of living offsets a meaningful share of its personal income gap with the rest of the country.

Median Household Income

Median household income in West Virginia is roughly $55,948, the lowest in the nation, though living costs are also among the lowest.

Median household income (CPS)
$61,770
2025 · Census CPS ASEC
Median household income
$55,948
Rank
50th
U.S. median
$78,538

Median household income (CPS)

1984–2025
$61,770▲ 267%

Census CPS ASEC, current dollars (FRED MEHOINUSWVA646N).

IndicatorWest VirginiaU.S.
Median household income (USD)5594878538

Poverty Rate

West Virginia's poverty rate stood at about 17.9% in 2023, among the highest in the nation.

Poverty rate, all ages (SAIPE)
16.2%
2024 · Census Small Area Income and Poverty Estimates
Poverty Rate
17.9%
2023 ACS
US Poverty Rate
12.5%
2023 ACS

Poverty rate, all ages (SAIPE)

1989–2024
16.2%

Census Small Area Income and Poverty Estimates (FRED PPAAWV54000A156NCEN).

IndicatorWest VirginiaU.S.
Poverty Rate (%)17.912.5
  • •Southern West Virginia's former coal counties report some of the highest poverty rates in the eastern U.S.

Inflation

South Atlantic consumer prices, including West Virginia, rose about 2.7% over the year.

CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
CPI change (YoY)
2.7%
U.S. CPI change
2.9%
Year
2024

CPI inflation, U.S.

2007–2024
2.9%

BLS CPI-U U.S. city average, annual average change (CPIAUCNS).

IndicatorWest VirginiaU.S.
Inflation (%)2.72.9

Economic Output

West Virginia's economy generated about $101.4 billion in output in 2023, led by energy, chemicals, and health care.

Nominal GDP (current dollars)
$111,302,000,000
2025 · BEA
GDP per Capita
$57,200
2023

Nominal GDP (current dollars)

1997–2025
$111,302,000,000▲ 187%

BEA, current dollars (FRED WVNGSP).

  • •Natural resources and mining still account for a larger share of West Virginia's GDP than in almost any other state.

Industry Breakdown

Government, health care, and energy extraction form the three largest components of West Virginia's economy.

Government jobs
148,067
2025 · BLS Current Employment Statistics
Manufacturing jobs
45,250
2025 · BLS Current Employment Statistics
Construction jobs
34,967
2025 · BLS Current Employment Statistics
Largest Sector
Government
2023
Mining & Energy Share of GDP
~10%
2023
Healthcare Share of Jobs
~13%
2023

Government jobs

1990–2025
148,067▲ 16%

BLS Current Employment Statistics, annual average (FRED WVGOVT).

Manufacturing jobs

1990–2025
45,250▼ 45%

BLS Current Employment Statistics, annual average (FRED WVMFG).

Construction jobs

1990–2025
34,967▲ 24%

BLS Current Employment Statistics, annual average (FRED WVCONS).

  • •West Virginia is the only state where coal mining still directly employs a significant share of the private workforce.

More figures

GDP
$99 B
45th in the U.S.
GDP per capita
$55,900
Unemployment rate
4.1%
2024
Median annual wage
$41,800
Coal production
≈ 78 M tons/yr
2nd in the U.S.
Leading sectors
Energy, healthcare, chemicals & tourism