U.S. GDP RANK #10 · WA 2.91% OF U.S. GDP
Washington Economy: GDP, Income, Jobs & Housing
In 2025, Washington (WA) generated $892.3 billion in nominal Gross Domestic Product (2.91% of the U.S. economy, ranked #10 nationwide) and $715.9 billion in real chained 2017 dollars. Per-capita personal income stood at $88,944 across a resident population of 8.00 million.
2025 Nominal GDP
$892.3B
U.S. Rank #10
Real GDP Growth
+3.17% 5Y Real: +22.1%
Per-Capita Income $88,944 BEA Personal Income
Avg Wage / Job $98,401 4.88M total jobs
Population 8.00M
10Y: +11.4%
5Y Home Price
+46.9% FHFA Index: 1,020.1
BEA & FHFA REGIONAL SERIES · 1997-2025
Washington GDP, Per-Capita Income & House Price Trajectory
Washington Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $892.3B | $715.9B | 3.17% | $88,944 | $98,401 | 4.88M | 1,020.1 |
| 2024 | $846.4B | $693.9B | 4.09% | $85,192 | $93,818 | 4.86M | 990.4 |
| 2023 | $795.9B | $666.6B | 3.86% | $81,234 | $88,177 | 4.82M | 948.6 |
| 2022 | $738.7B | $641.9B | 2.42% | $76,124 | $83,130 | 4.76M | 941.8 |
| 2021 | $683.3B | $626.7B | 6.90% | $73,985 | $81,471 | 4.58M | 812.8 |
| 2020 | $616.9B | $586.3B | -0.41% | $67,684 | $75,803 | 4.44M | 694.5 |
| 2019 | $608.6B | $588.7B | 4.80% | $63,445 | $68,859 | 4.59M | 649.9 |
| 2018 | $570.3B | $561.7B | 6.55% | $59,838 | $65,719 | 4.54M | 615.5 |
| 2017 | $527.2B | $527.2B | 6.34% | $56,814 | $61,917 | 4.43M | 562.3 |
| 2016 | $489.8B | $495.7B | 3.99% | $54,310 | $58,994 | 4.31M | 509.5 |
| 2015 | $467.6B | $476.7B | 4.50% | $52,423 | $57,029 | 4.20M | 461.9 |
| 2014 | $439.9B | $456.2B | 3.80% | $50,275 | $55,345 | 4.09M | 427.2 |
| 2013 | $416.9B | $439.5B | 3.05% | $47,460 | $53,346 | 3.99M | 400.0 |
| 2012 | $398.4B | $426.4B | 3.61% | $47,064 | $52,432 | 3.91M | 380.7 |
| 2011 | $377.5B | $411.6B | 2.01% | $44,291 | $51,099 | 3.81M | 386.5 |
| 2010 | $363.5B | $403.5B | 3.24% | $42,337 | $49,327 | 3.77M | 413.8 |
| 2009 | $349.9B | $390.8B | -2.56% | $41,685 | $48,204 | 3.82M | 443.4 |
| 2008 | $352.5B | $401.1B | 1.74% | $44,098 | $47,274 | 3.95M | 484.4 |
| 2007 | $341.7B | $394.2B | 5.93% | $42,524 | $46,221 | 3.92M | 497.6 |
| 2006 | $314.2B | $372.1B | 3.84% | $39,744 | $43,885 | 3.80M | 465.1 |
| 2005 | $293.4B | $358.4B | 6.84% | $37,202 | $41,751 | 3.69M | 402.3 |
| 2004 | $267.4B | $335.4B | 2.38% | $36,309 | $40,502 | 3.59M | 346.9 |
| 2003 | $254.7B | $327.6B | 1.76% | $34,267 | $39,317 | 3.52M | 316.8 |
| 2002 | $245.6B | $322.0B | 1.30% | $33,222 | $38,522 | 3.49M | 303.6 |
| 2001 | $238.0B | $317.9B | -2.45% | $32,986 | $37,796 | 3.52M | 290.9 |
| 2000 | $237.6B | $325.9B | 0.97% | $32,538 | $37,544 | 3.53M | 274.1 |
| 1999 | $229.7B | $322.7B | 7.64% | $30,786 | $36,113 | 3.45M | 260.6 |
| 1998 | $209.2B | $299.8B | 6.50% | $29,355 | $33,598 | 3.38M | 247.6 |
| 1997 | $193.8B | $281.5B | - | $27,245 | $31,243 | 3.30M | 231.9 |