Which state has the lowest GDP?

The state with the lowest Gross Domestic Product (GDP) in the U.S. is often Mississippi, particularly when looking at GDP per capita (per person), with recent data showing it as the lowest compared to other states like West Virginia and Arkansas, though Vermont has also been cited for the lowest overall GDP in some reports. Per capita GDP measures economic output per resident, making Mississippi consistently rank lowest, while Vermont sometimes appears as having the smallest total economic output.

What state has #1 GDP?

California has the #1 Gross Domestic Product (GDP) among U.S. states, with its economy valued at over $4 trillion in 2024, making it larger than most countries and significantly ahead of #2 Texas and #3 New York, driven by tech, entertainment, and agriculture.
 

What are the top 3 states GDP?

The top 3 U.S. states by Gross Domestic Product (GDP) consistently remain California, Texas, and New York, with California leading by a significant margin, followed by Texas and then New York, with Florida often in fourth place, based on preliminary 2024 data from sources like the Bureau of Economic Analysis (BEA) reported by Statista and USA Today. These states drive substantial portions of the national economy, fueled by tech, finance, energy, and large populations.
 

Which state has less GDP?

Indian states by GDP

Other states in the top 5 are Karnataka (8.49%) and Gujarat (8.05%). India's largest state, Rajasthan, is at number 7; behind West Bengal, the poorest state, Bihar, is at number 14, and the capital, Delhi, is at number 12. The top 5 states share 47.71% of India's total economy.

Which states have a negative GDP?

The states with negative growth are Arizona, Arkansas, Idaho, Maine, Maryland, Mississippi, Montana, Oregon, Vermont, West Virginia, and Wyoming, with Oregon hardest hit (-1.4% annualized). The US growth rate over this same period was 1.6%. These negative-growth rate states account for about 8% of total US GDP.

World’s Largest Economies | GDP Epic Battle (1560–2025)

Which US state is the most financially stable?

There isn't one single "most" stable state, as rankings vary, but Utah, South Dakota, North Dakota, Florida, and Wyoming consistently rank high for government fiscal stability, showing strong cash, low debt, and funded pensions. For individual financial well-being, Colorado and Utah often lead due to rising incomes and high discretionary spending, while Vermont stands out for responsible resident borrowing habits. 

What state is #1 in poverty?

Mississippi consistently ranks as the state with the highest poverty rate in the U.S., often followed by states like Louisiana, New Mexico, and West Virginia, according to World Population Review data from late 2024/early 2025 and U.S. Census data cited by FCNL and Visual Capitalist. Factors contributing to Mississippi's high poverty include low median household income, lower educational attainment, and higher rates of child poverty, though rates have seen some improvement over the years.
 

Which state has the fastest growing economy?

According to RBI data, Assam is the country's fastest growing State economy, rising to 45% during the last five years above the national growth of 29%, says Assam Chief Minister Himanta Biswa Sarma.

Whose GDP is lowest?

The country with the lowest GDP (total economic output) is often cited as Tuvalu, a small Pacific island nation, with figures around $79 million for 2025, while South Sudan frequently appears as the poorest by GDP per capita (income per person). Other very small economies include Nauru and the Marshall Islands, whereas countries like Afghanistan, Burundi, and the Central African Republic consistently rank lowest in per capita terms due to conflict and instability, according to various economic reports. 

Which U.S. state has the strongest economy?

There isn't one single "best" state, as it depends on metrics, but California leads in overall economic size (highest GDP), while Texas, Florida, and North Carolina often rank high for growth, business climate, and momentum due to factors like lower taxes, population booms, and strong tech/energy sectors. States like New York, Massachusetts, and Washington excel in GDP per capita, indicating high output per person. 

Which U.S. state makes the most money?

California is the state that makes the most money, leading in total economic output (GDP) by a significant margin, followed by Texas, New York, and Florida, although other states like Massachusetts and Maryland rank higher for average salaries or median household income due to advanced industries. California's large economy stems from tech, agriculture, and trade, while high-income states often focus on finance, tech, and government contracting.
 

What is the poorest state in the US GDP?

Vermont consistently ranks as the U.S. state with the lowest Gross Domestic Product (GDP), with figures around $35-$45 billion in recent years, followed closely by other small states like Wyoming, Alaska, Montana, and South Dakota, all contributing less than 1% to the national total, with Vermont being the smallest economy.
 

What is the richest state in the US 2025?

In forecasting the economic health of each state, it's impossible to look beyond the predicted GDP. With a projected GDP of over $3.3 trillion by 2025, California, again, sits top with an impressive perfect score of 1.00.

Who has the best economy in the world?

1. United States. The United States' GDP is the world's largest, being worth over a quarter of global output in nominal GDP terms. Moreover, it has among the world's highest GDP per capita.

What state has the most stable economy?

• Florida. #1 in Economy. #6 in Best States Overall. ...
• Texas. #2 in Economy. #29 in Best States Overall. ...
• Utah. #3 in Economy. #1 in Best States Overall. ...
• Idaho. #4 in Economy. #3 in Best States Overall. ...
• Arizona. #5 in Economy. #30 in Best States Overall. ...
• Colorado. #6 in Economy. ...
• North Carolina. #7 in Economy. ...
• Connecticut. #8 in Economy.

Which Indian state is best to live in?

Top 15 Best Places to Live in India

• Jaipur, Rajasthan. ...
• Kochi, Kerala. ...
• Ahmedabad, Gujarat. ...
• Dehradun, Uttarakhand. ...
• Goa. ...
• Indore, Madhya Pradesh. ...
• Kolkata, West Bengal. ...
• Shimla, Himachal Pradesh. Shimla, a picturesque hill station, offers a tranquil environment with stunning views of the Himalayas.

What are the fastest growing states in 2025?

States With Highest Growth in 2025

• Florida, Texas, Idaho, South Carolina, and North Carolina grow fastest in 2025.
• Texas gains the most new residents in 2025 due to strong job growth and corporate relocations.
• Southern states, led by Florida and Texas, will drive most U.S. population growth through 2030.

What state has no billionaires?

As of 2024, there are 756 billionaires living in 43 of the 50 US states or Washington, D.C. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, and West Virginia.

What is the most expensive state to live in?

1. Hawaii: The Undisputed Cost Leader. Hawaii maintains its position as the most expensive state by a wide margin, with living costs nearly twice the national average. The cost of living index for Hawaii sits between 182.3 and 193.3, depending on the specific island and community.

What is the average American salary?

What Is the Average US Salary (2025) The national average salary is $63,795. That is the sum of all incomes divided by the number of workers.

Is $40,000 a year considered poverty?

$40k a year isn't universally poverty; it's low-middle class for a single person in the US, but can feel like poverty in high-cost cities or for families, while being comfortable in cheaper areas, heavily depending on location, household size, and lifestyle, as the federal poverty line for a single person is much lower (around $15k) but a family of four needs over $30k just to meet poverty thresholds. 

Which city is the poorest in the USA?

There isn't one single "poorest city" as rankings change with data, but Detroit, Cleveland, Dayton, Flint, and cities in the Rust Belt often appear high on lists due to factors like deindustrialization, while Houston recently had the highest poverty rate among the largest US cities, and smaller towns like Escobares, TX or areas in McDowell County, WV face extreme poverty, highlighting different metrics (big city vs. overall lowest income). 

What is the poorest state in the U.S. 2025?

1. Mississippi: Poverty rate – 19.5% 2. Louisiana: Poverty rate – 17.9% 3. West Virginia: Poverty rate – 16.8% 4.