America’s $31 Trillion Economy by State

America’s $31 Trillion Economy by State

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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 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.

Learn More on the Voronoi App

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.

• Source: https://www.visualcapitalist.com/americas-31-trillion-economy-by-state/