U.S. GDP RANK #18 · MD 1.85% OF U.S. GDP
Maryland Economy: GDP, Income, Jobs & Housing
In 2025, Maryland (MD) generated $567.0 billion in nominal Gross Domestic Product (1.85% of the U.S. economy, ranked #18 nationwide) and $437.4 billion in real chained 2017 dollars. Per-capita personal income stood at $82,387 across a resident population of 6.27 million.
2025 Nominal GDP
$567.0B
U.S. Rank #18
Real GDP Growth
+0.81% 5Y Real: +12.5%
Per-Capita Income $82,387 BEA Personal Income
Avg Wage / Job $83,185 4.01M total jobs
Population 6.27M
10Y: +3.6%
5Y Home Price
+41.4% FHFA Index: 706.3
BEA & FHFA REGIONAL SERIES · 1997-2025
Maryland GDP, Per-Capita Income & House Price Trajectory
Maryland Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $567.0B | $437.4B | 0.81% | $82,387 | $83,185 | 4.01M | 706.3 |
| 2024 | $545.1B | $433.9B | 3.39% | $79,558 | $80,609 | 4.02M | 681.3 |
| 2023 | $512.0B | $419.7B | 1.12% | $75,673 | $77,516 | 3.94M | 646.1 |
| 2022 | $482.6B | $415.0B | 1.68% | $70,900 | $75,075 | 3.87M | 616.9 |
| 2021 | $448.8B | $408.2B | 5.00% | $69,296 | $73,158 | 3.75M | 554.9 |
| 2020 | $413.3B | $388.7B | -3.42% | $64,871 | $70,278 | 3.62M | 499.7 |
| 2019 | $419.4B | $402.5B | 0.00% | $61,730 | $64,644 | 3.75M | 479.7 |
| 2018 | $410.8B | $402.5B | 0.69% | $59,922 | $62,825 | 3.75M | 466.1 |
| 2017 | $399.7B | $399.7B | 1.98% | $58,252 | $61,300 | 3.70M | 454.5 |
| 2016 | $386.5B | $392.0B | 3.49% | $56,615 | $59,720 | 3.66M | 443.1 |
| 2015 | $367.3B | $378.7B | 2.27% | $55,042 | $58,729 | 3.60M | 431.1 |
| 2014 | $351.7B | $370.3B | 1.57% | $53,085 | $56,924 | 3.54M | 420.3 |
| 2013 | $339.9B | $364.6B | 0.85% | $51,882 | $55,555 | 3.49M | 409.6 |
| 2012 | $331.9B | $361.6B | 0.39% | $52,492 | $55,466 | 3.44M | 403.0 |
| 2011 | $324.9B | $360.2B | 2.14% | $51,811 | $54,517 | 3.39M | 406.3 |
| 2010 | $313.9B | $352.6B | 4.86% | $49,629 | $53,096 | 3.35M | 423.4 |
| 2009 | $298.3B | $336.3B | -0.56% | $48,457 | $51,745 | 3.36M | 444.7 |
| 2008 | $292.9B | $338.2B | 1.93% | $49,026 | $50,640 | 3.43M | 490.3 |
| 2007 | $282.6B | $331.8B | 0.57% | $47,033 | $49,275 | 3.44M | 529.3 |
| 2006 | $273.8B | $329.9B | 1.30% | $45,293 | $47,375 | 3.38M | 520.1 |
| 2005 | $261.8B | $325.6B | 4.54% | $43,311 | $45,414 | 3.31M | 461.0 |
| 2004 | $243.4B | $311.5B | 4.64% | $41,515 | $43,535 | 3.25M | 379.3 |
| 2003 | $226.8B | $297.7B | 2.51% | $39,295 | $41,491 | 3.19M | 321.1 |
| 2002 | $217.0B | $290.4B | 3.33% | $37,995 | $39,852 | 3.16M | 290.0 |
| 2001 | $205.3B | $281.1B | 4.36% | $37,012 | $38,471 | 3.12M | 262.6 |
| 2000 | $191.4B | $269.3B | 4.01% | $35,480 | $36,612 | 3.09M | 242.9 |
| 1999 | $179.8B | $258.9B | 4.12% | $32,948 | $34,620 | 3.01M | 230.1 |
| 1998 | $169.4B | $248.7B | 4.66% | $31,417 | $33,214 | 2.94M | 223.1 |
| 1997 | $159.2B | $237.6B | - | $29,363 | $31,655 | 2.87M | 216.8 |