America’s $31 Trillion Economy By State
As the United States approaches its 250th anniversary in 2026, its economy has grown to nearly $31 trillion, making it the world’s largest by a wide margin.
Using the latest estimates from the U.S. Bureau of Economic Analysis (BEA), this visualization, via Visual Capitalist’s Gabriel Cohen, ranks every state by nominal GDP in 2025, showing how each contributes to national output.
California: The Economic Engine of America
If California were an independent country, it would have the world’s fourth-largest economy, behind only the U.S., China, and Germany, and ahead of all other nations. It is currently the world’s largest subnational economy.
This data table lists U.S. states by their 2025 nominal GDP.
Rank
State
Nominal GDP in 2025 (billions $)
Share of U.S. GDP (%)
1
California
4,251
13.8
2
Texas
2,904
9.4
3
New York
2,468
8.0
4
Florida
1,835
6.0
5
Illinois
1,202
3.9
6
Pennsylvania
1,056
3.4
7
Ohio
967
3.1
8
Georgia
925
3.0
9
Washington
895
2.9
10
North Carolina
894
2.9
11
New Jersey
887
2.9
12
Massachusetts
820
2.7
13
Virginia
798
2.6
14
Michigan
730
2.4
15
Arizona
598
1.9
16
Tennessee
590
1.9
17
Colorado
584
1.9
18
Maryland
568
1.8
19
Indiana
545
1.8
20
Minnesota
531
1.7
21
Wisconsin
473
1.5
22
Missouri
468
1.5
23
South Carolina
379
1.2
24
Connecticut
376
1.2
25
Oregon
343
1.1
26
Alabama
341
1.1
27
Louisiana
340
1.1
28
Utah
316
1.0
29
Kentucky
307
1.0
30
Nevada
281
0.9
31
Iowa
277
0.9
32
Oklahoma
274
0.9
33
Kansas
241
0.8
34
Arkansas
198
0.6
35
Nebraska
198
0.6
36
District of Columbia
193
0.6
37
Mississippi
165
0.5
38
New Mexico
153
0.5
39
Idaho
136
0.4
40
New Hampshire
126
0.4
41
Hawaii
125
0.4
42
Delaware
117
0.4
43
West Virginia
109
0.4
44
Maine
103
0.3
45
Rhode Island
84
0.3
46
Montana
82
0.3
47
North Dakota
82
0.3
48
South Dakota
81
0.3
49
Alaska
75
0.2
50
Wyoming
53
0.2
51
Vermont
48
0.2
–
🇺🇸 U.S.
30,762
100.0
California is a powerful, diversified economy in which different sectors dominate different areas. Los Angeles, for example, is a major media hub, while San Francisco and the Bay Area’s Silicon Valley remain a global center for many of the world’s most valuable tech firms.
The Central Valley, meanwhile, serves as one of the most productive agricultural areas in the world, with high output in dairy products, wine, nuts, fruits, and vegetables.
Beyond these well-known sectors, the Golden State is also a major player in energy, particularly solar power, as well as a key logistics hub owing to the massive ports of Long Beach and Los Angeles.
The Trillion-Dollar Club
Beyond California, five other states have a GDP exceeding a trillion dollars as of 2025: Texas ($2.9 trillion), New York ($2.5 trillion), Florida ($1.8 trillion), Illinois ($1.2 trillion), and Pennsylvania ($1.1 trillion).
Some of these state economies, like Illinois and New York, are highly concentrated in one major city, such as Chicago or New York City. Others, like Florida and Texas, are more diffuse. Four Texan cities, for example, number among the country’s 10 most populous as of 2025.
In line with its diversified economy, Texas is a major agricultural, defense, and energy player. The Lone Star State also has more Fortune 500 companies than any other state.
The Diversified U.S. Economy
While technology and entertainment drive California, Texas combines energy, manufacturing, agriculture, and defense.
Elsewhere, states specialize in industries ranging from finance and pharmaceuticals to tourism and farming. This geographic diversity helps make the U.S. economy more resilient, as slowdowns in one industry or region can be offset by strength in others.
The Great Plains, for example, are major producers of agricultural goods like soy and corn, as seen in the Iowan ($277 billion) and Nebraskan ($198 billion) economies. These states are particularly sensitive to droughts or trade disputes with major agricultural markets like China or Mexico.
Meanwhile, other states depend more on tourism, particularly in major cities. Nevada’s $281-billion economy, for example, is heavily concentrated in Las Vegas, making the state vulnerable to drops in tourist numbers.
Curious how each U.S. state ranks in terms of its business reputation? Check out Ranking the Best State Economies in 2024 on Voronoi, the new app from Visual Capitalist.
Tyler Durden
Thu, 07/02/2026 – 21:20
https://www.zerohedge.com/markets/americas-31-trillion-economy-state

