List of U.S. states and territories by GDP per capita

The List of U.S. states and territories by GDP per capita provides a ranking of each U.S. state and territory based on the Gross Domestic Product (GDP) per capita. GDP per capita is a measure of a region's economic output that accounts for its number of people. It is an important indicator used to gauge the economic performance and living standards within different areas of the United States.

Overview

GDP per capita is calculated by dividing the GDP of a region by its population. This economic indicator provides insights into the average economic productivity of the individuals residing in that region. Higher GDP per capita values typically indicate better economic conditions and higher living standards, while lower values may indicate economic challenges.

List of States and Territories

The following is a list of U.S. states and territories ranked by their GDP per capita. The data is sourced from the Bureau of Economic Analysis which regularly publishes economic reports on various sectors of the economy.

Rank	State/Territory	GDP per capita (USD)
1	California	$70,000
2	Texas	$65,000
3	New York	$64,000
4	Florida	$50,000
5	Illinois	$60,000
...	Puerto Rico	$30,000
...	Guam	$35,000
...	American Samoa	$13,000
...	Northern Mariana Islands	$15,000
...	U.S. Virgin Islands	$34,000

Economic Analysis

The GDP per capita varies significantly across different states and territories. Regions like California, Massachusetts, and New York often have higher GDP per capita due to robust industries such as technology, finance, and education. Conversely, territories such as American Samoa and the Northern Mariana Islands typically have lower GDP per capita figures, reflecting smaller economies and fewer economic opportunities.

Factors Influencing GDP per Capita

Several factors can influence the GDP per capita of a state or territory, including:

• Industry diversification
• Education levels
• Employment rates
• Investment in technology and infrastructure
• Natural resources
• Government policies

See Also

• List of countries by GDP (nominal) per capita
• Economy of the United States
• List of U.S. states by GDP