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What is the current GDP of Texas?

What is the current GDP of Texas?

1.83 trillion U.S. dollars
In 2021, the real Gross Domestic Product (GDP) of Texas was 1.83 trillion U.S. dollars. This is an increase from the previous year, when the state’s real GDP stood at 1.73 trillion U.S. dollars….

Characteristic Real GDP in billion U.S. dollars
2021 1,831.36
2020 1,734.32
2019 1,785.32
2018 1,729.29

Is California’s economy better than Texas?

GDP per capita is 22% larger in California ($79,405) than in Texas ($65,077), but a great deal of the per capita GDP in California comes from the public sector, which is one-third larger than that in Texas.

What is the GDP per capita of Texas?

Per capita real Gross Domestic Product of Texas from 2000 to 2019 (in chained 2012 U.S. dollars)

Characteristic Per capita real GDP in chained 2012 U.S. dollars
2019 61,682
2018 59,827
2017 58,182
2016 57,327

Where does Texas GDP rank in the world?

ninth largest economy
Texas enters 2021 as the world’s ninth largest economy, proof of the success of a long-term strategy to make Texas the best place to start or relocate a business, said Robert Allen, President and CEO of the Texas Economic Development Corporation.

What is the US GDP growth rate for 2015?

3.08%
U.S. gdp growth rate for 2020 was -3.49%, a 5.65% decline from 2019….U.S. GDP Growth Rate 1961-2022.

U.S. GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2016 1.71% -1.36%
2015 3.08% 0.55%
2014 2.53% 0.68%

Is Texas the 9th largest economy in the world?

Texas Enters 2021 As World’s 9th Largest Economy By GDP Texas enters 2021 as the world’s ninth largest economy, proof of the success of a long-term strategy to make Texas the best place to start or relocate a business, said Robert Allen, President and CEO of the Texas Economic Development Corporation.