In 2023, the real gross domestic product of New Jersey increased by 2.1 percent compared to the previous year. The state's real GDP experienced the most growth in 2021, when the GDP grew by 5.9 percent when compared to the previous year. The shrinkage of the state's GDP in 2020 can be attributed to the COVID-19 pandemic.
Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023
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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BEA. (September 27, 2024). Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. "Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023." Chart. September 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. (2024). Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. "Annual Percent Change in The Real Gross Domestic Product of New Jersey in The United States from 2000 to 2023." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA, Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023 Statista, https://www.statista.com/statistics/306787/new-jersey-gdp-growth/ (last visited November 21, 2024)
Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2023 [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/306787/new-jersey-gdp-growth/