U.S. annual GDP growth in Alabama 2000-2023

Published by Statista Research Department, Oct 14, 2024

In 2023, the real gross domestic product (GDP) of Alabama increased by about 2.8 percent compared to the previous year. The largest growth occurred in 2004, when the real GDP increased by 6.7 percent. The GDP of the United States increased 2.9 percent in 2023.

Annual percent change in the real gross domestic product of Alabama in the United States from 2000 to 2023

CharacteristicPercent change compared to preceding period
2023 2.8%
2022 2.1%
2021 5.1%
2020 -1.3%
2019 2%
2018 1.9%
2017 1.8%
2016 1.9%
2015 1.4%
2014 -0.4%
2013 1.6%
2012 1.1%
2011 1%
Showing entries 1 to 13 (24 entries in total)
Created with Highcharts 7.2.2Percent change compared to preceding period1.3%1.3%-0.1%-0.1%2.4%2.4%3.3%3.3%6.7%6.7%3.9%3.9%1.4%1.4%1.1%1.1%-0.5%-0.5%-3.4%-3.4%2.7%2.7%1%1%1.1%1.1%1.6%1.6%-0.4%-0.4%1.4%1.4%1.9%1.9%1.8%1.8%1.9%1.9%2%2%-1.3%-1.3%5.1%5.1%2.1%2.1%2.8%2.8%200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
-4%-2%0%2%4%6%8%

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Release date

September 2024

Region

United States

Survey time period

2000 to 2023

Supplementary notes

GDP is in millions of chained 2017 dollars. Real GDP by state is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within the state.

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