U.S. GDP RANK #27 · AL 1.10% OF U.S. GDP
Alabama Economy: GDP, Income, Jobs & Housing
In 2025, Alabama (AL) generated $339.0 billion in nominal Gross Domestic Product (1.10% of the U.S. economy, ranked #27 nationwide) and $259.5 billion in real chained 2017 dollars. Per-capita personal income stood at $59,754 across a resident population of 5.19 million.
2025 Nominal GDP
$339.0B
U.S. Rank #27
Real GDP Growth
+1.98% 5Y Real: +16.4%
Per-Capita Income $59,754 BEA Personal Income
Avg Wage / Job $63,893 2.97M total jobs
Population 5.19M
10Y: +5.8%
5Y Home Price
+52.3% FHFA Index: 528.4
BEA & FHFA REGIONAL SERIES · 1997-2025
Alabama GDP, Per-Capita Income & House Price Trajectory
Alabama Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $339.0B | $259.5B | 1.98% | $59,754 | $63,893 | 2.97M | 528.4 |
| 2024 | $323.4B | $254.4B | 2.64% | $57,167 | $61,437 | 2.94M | 508.9 |
| 2023 | $308.6B | $247.9B | 3.19% | $54,760 | $59,156 | 2.90M | 483.3 |
| 2022 | $286.8B | $240.2B | 2.57% | $51,706 | $56,609 | 2.86M | 455.6 |
| 2021 | $260.2B | $234.2B | 5.10% | $50,651 | $53,710 | 2.77M | 392.0 |
| 2020 | $235.7B | $222.8B | -1.07% | $45,874 | $51,434 | 2.67M | 347.0 |
| 2019 | $234.8B | $225.2B | 2.02% | $42,996 | $48,220 | 2.71M | 327.8 |
| 2018 | $226.3B | $220.8B | 1.92% | $41,314 | $46,740 | 2.69M | 312.2 |
| 2017 | $216.6B | $216.6B | 1.76% | $39,955 | $45,355 | 2.65M | 300.2 |
| 2016 | $208.8B | $212.9B | 1.87% | $38,692 | $44,203 | 2.62M | 291.4 |
| 2015 | $203.1B | $209.0B | 1.40% | $38,177 | $43,646 | 2.59M | 283.3 |
| 2014 | $197.1B | $206.1B | -0.43% | $36,710 | $42,659 | 2.55M | 275.8 |
| 2013 | $194.0B | $207.0B | 1.61% | $35,693 | $41,599 | 2.52M | 272.8 |
| 2012 | $188.3B | $203.7B | 1.14% | $35,544 | $41,328 | 2.50M | 274.8 |
| 2011 | $182.9B | $201.4B | 0.96% | $34,868 | $40,497 | 2.50M | 276.3 |
| 2010 | $177.5B | $199.5B | 2.71% | $33,830 | $39,647 | 2.46M | 286.0 |
| 2009 | $170.9B | $194.2B | -3.37% | $32,705 | $38,771 | 2.48M | 297.2 |
| 2008 | $174.7B | $201.0B | -0.52% | $33,441 | $38,138 | 2.58M | 301.5 |
| 2007 | $172.2B | $202.0B | 1.05% | $32,516 | $36,869 | 2.60M | 298.1 |
| 2006 | $166.0B | $199.9B | 1.36% | $31,264 | $35,567 | 2.55M | 284.8 |
| 2005 | $158.7B | $197.2B | 3.86% | $29,780 | $34,047 | 2.49M | 263.8 |
| 2004 | $148.4B | $189.9B | 6.67% | $28,385 | $32,790 | 2.43M | 246.5 |
| 2003 | $135.2B | $178.0B | 3.25% | $26,700 | $31,639 | 2.37M | 237.4 |
| 2002 | $128.4B | $172.4B | 2.36% | $25,671 | $30,526 | 2.36M | 228.4 |
| 2001 | $123.5B | $168.4B | -0.15% | $25,046 | $29,500 | 2.38M | 221.9 |
| 2000 | $120.5B | $168.7B | 1.30% | $24,258 | $28,494 | 2.39M | 210.2 |
| 1999 | $116.5B | $166.5B | 3.83% | $23,296 | $27,497 | 2.38M | 205.1 |
| 1998 | $110.8B | $160.4B | 3.68% | $22,651 | $26,446 | 2.36M | 199.9 |
| 1997 | $105.4B | $154.7B | - | $21,487 | $25,562 | 2.32M | 190.3 |