U.S. GDP RANK #48 · MT 0.26% OF U.S. GDP
Montana Economy: GDP, Income, Jobs & Housing
In 2025, Montana (MT) generated $80.9 billion in nominal Gross Domestic Product (0.26% of the U.S. economy, ranked #48 nationwide) and $61.1 billion in real chained 2017 dollars. Per-capita personal income stood at $72,066 across a resident population of 1.14 million.
2025 Nominal GDP
$80.9B
U.S. Rank #48
Real GDP Growth
+1.98% 5Y Real: +22.1%
Per-Capita Income $72,066 BEA Personal Income
Avg Wage / Job $63,052 0.76M total jobs
Population 1.14M
10Y: +10.6%
5Y Home Price
+67.1% FHFA Index: 803.6
BEA & FHFA REGIONAL SERIES · 1997-2025
Montana GDP, Per-Capita Income & House Price Trajectory
Montana Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $80.9B | $61.1B | 1.98% | $72,066 | $63,052 | 0.76M | 803.6 |
| 2024 | $77.2B | $59.9B | 2.64% | $68,809 | $60,299 | 0.76M | 772.7 |
| 2023 | $74.2B | $58.4B | 4.87% | $65,336 | $57,316 | 0.75M | 733.8 |
| 2022 | $68.6B | $55.6B | 4.60% | $62,101 | $54,563 | 0.74M | 693.8 |
| 2021 | $60.0B | $53.2B | 6.30% | $59,263 | $51,424 | 0.72M | 574.1 |
| 2020 | $53.1B | $50.0B | -0.39% | $53,575 | $48,475 | 0.69M | 481.0 |
| 2019 | $52.7B | $50.2B | 1.62% | $49,657 | $44,913 | 0.69M | 453.1 |
| 2018 | $51.2B | $49.4B | 2.00% | $47,211 | $43,684 | 0.69M | 431.0 |
| 2017 | $48.5B | $48.5B | 2.71% | $45,374 | $42,263 | 0.68M | 408.1 |
| 2016 | $45.9B | $47.2B | -1.21% | $43,308 | $40,949 | 0.67M | 388.7 |
| 2015 | $46.5B | $47.8B | 3.46% | $43,102 | $40,162 | 0.66M | 374.5 |
| 2014 | $45.2B | $46.2B | 2.33% | $41,858 | $39,070 | 0.65M | 359.4 |
| 2013 | $43.6B | $45.1B | 1.77% | $40,151 | $37,741 | 0.64M | 345.8 |
| 2012 | $42.2B | $44.3B | 1.83% | $40,228 | $37,175 | 0.63M | 333.5 |
| 2011 | $40.6B | $43.5B | 2.50% | $38,165 | $35,825 | 0.62M | 328.1 |
| 2010 | $38.1B | $42.5B | 3.74% | $36,015 | $34,674 | 0.62M | 337.7 |
| 2009 | $35.9B | $40.9B | -2.64% | $34,489 | $33,911 | 0.62M | 352.2 |
| 2008 | $37.0B | $42.0B | -0.02% | $35,569 | $33,394 | 0.64M | 359.8 |
| 2007 | $36.1B | $42.1B | 5.00% | $33,841 | $32,295 | 0.64M | 354.8 |
| 2006 | $33.1B | $40.1B | 3.10% | $31,870 | $30,694 | 0.62M | 331.2 |
| 2005 | $30.8B | $38.8B | 5.14% | $29,839 | $29,266 | 0.60M | 297.1 |
| 2004 | $28.1B | $36.9B | 4.82% | $28,034 | $27,883 | 0.59M | 264.1 |
| 2003 | $25.8B | $35.2B | 4.71% | $26,114 | $26,927 | 0.57M | 240.5 |
| 2002 | $23.9B | $33.7B | 2.98% | $24,516 | $26,006 | 0.56M | 226.0 |
| 2001 | $22.8B | $32.7B | 0.54% | $23,910 | $25,094 | 0.56M | 214.3 |
| 2000 | $21.9B | $32.5B | 2.78% | $22,982 | $24,171 | 0.55M | 202.9 |
| 1999 | $20.8B | $31.6B | 0.56% | $21,723 | $23,141 | 0.54M | 195.4 |
| 1998 | $20.4B | $31.5B | 4.35% | $21,431 | $22,518 | 0.54M | 190.7 |
| 1997 | $19.3B | $30.1B | - | $20,127 | $21,835 | 0.53M | 184.3 |