U.S. GDP RANK #28 · UT 1.04% OF U.S. GDP
Utah Economy: GDP, Income, Jobs & Housing
In 2025, Utah (UT) generated $319.2 billion in nominal Gross Domestic Product (1.04% of the U.S. economy, ranked #28 nationwide) and $243.0 billion in real chained 2017 dollars. Per-capita personal income stood at $70,323 across a resident population of 3.54 million.
2025 Nominal GDP
$319.2B
U.S. Rank #28
Real GDP Growth
+2.69% 5Y Real: +24.8%
Per-Capita Income $70,323 BEA Personal Income
Avg Wage / Job $70,341 2.46M total jobs
Population 3.54M
10Y: +17.9%
5Y Home Price
+56.0% FHFA Index: 843.6
BEA & FHFA REGIONAL SERIES · 1997-2025
Utah GDP, Per-Capita Income & House Price Trajectory
Utah Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $319.2B | $243.0B | 2.69% | $70,323 | $70,341 | 2.46M | 843.6 |
| 2024 | $302.6B | $236.7B | 5.00% | $67,447 | $67,981 | 2.44M | 817.2 |
| 2023 | $282.1B | $225.4B | 2.82% | $63,838 | $64,881 | 2.39M | 786.9 |
| 2022 | $262.4B | $219.2B | 3.62% | $60,636 | $62,149 | 2.34M | 787.1 |
| 2021 | $233.6B | $211.5B | 8.65% | $58,272 | $58,792 | 2.25M | 660.9 |
| 2020 | $205.6B | $194.7B | 1.04% | $51,679 | $55,727 | 2.14M | 540.8 |
| 2019 | $201.3B | $192.7B | 5.82% | $48,077 | $51,602 | 2.10M | 503.6 |
| 2018 | $186.8B | $182.1B | 5.82% | $45,403 | $49,398 | 2.07M | 468.6 |
| 2017 | $172.1B | $172.1B | 5.87% | $42,976 | $47,459 | 2.00M | 429.0 |
| 2016 | $159.3B | $162.5B | 4.57% | $41,242 | $46,165 | 1.93M | 394.9 |
| 2015 | $149.8B | $155.4B | 3.57% | $39,833 | $45,256 | 1.87M | 368.4 |
| 2014 | $142.6B | $150.1B | 3.48% | $37,578 | $43,851 | 1.80M | 348.9 |
| 2013 | $135.3B | $145.0B | 3.13% | $36,058 | $42,723 | 1.75M | 329.8 |
| 2012 | $129.4B | $140.6B | 1.68% | $35,581 | $42,243 | 1.71M | 308.7 |
| 2011 | $125.1B | $138.3B | 3.41% | $33,976 | $41,142 | 1.66M | 303.9 |
| 2010 | $118.3B | $133.7B | 2.12% | $32,007 | $40,164 | 1.62M | 321.1 |
| 2009 | $113.8B | $131.0B | -2.02% | $31,779 | $39,343 | 1.63M | 342.3 |
| 2008 | $116.9B | $133.7B | -0.10% | $33,784 | $38,696 | 1.69M | 371.7 |
| 2007 | $115.2B | $133.8B | 4.91% | $32,924 | $37,647 | 1.68M | 376.3 |
| 2006 | $106.8B | $127.5B | 7.69% | $31,107 | $35,826 | 1.59M | 335.4 |
| 2005 | $95.5B | $118.4B | 6.39% | $28,751 | $34,056 | 1.52M | 289.7 |
| 2004 | $86.8B | $111.3B | 6.19% | $26,980 | $32,907 | 1.45M | 264.4 |
| 2003 | $79.5B | $104.8B | 1.95% | $25,749 | $31,670 | 1.41M | 256.4 |
| 2002 | $76.3B | $102.8B | 2.58% | $25,167 | $30,946 | 1.40M | 252.1 |
| 2001 | $73.0B | $100.2B | 1.62% | $24,867 | $30,304 | 1.39M | 248.9 |
| 2000 | $70.1B | $98.6B | 3.61% | $24,162 | $29,316 | 1.38M | 238.5 |
| 1999 | $65.8B | $95.2B | 4.26% | $22,995 | $27,917 | 1.34M | 236.1 |
| 1998 | $62.1B | $91.3B | 5.83% | $22,207 | $26,908 | 1.31M | 233.3 |
| 1997 | $57.8B | $86.3B | - | $21,229 | $25,745 | 1.27M | 221.9 |