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A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
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NH:VT=COMPARE("NH", "VT")

New Hampshire vs Vermont: two economies side by side

New Hampshire and Vermont share a border. Here are the two economies on the same measures, with the rank of each among 51 states and DC.

New EnglandNew Hampshire leads on 7, Vermont on 3 of 11 measures
IndicatorA · NHB · VTRanks
GDP, 2025$128.3B$49.7B40 · 51
Real GDP growth, 2025+1.7%+1.9%33 · 26
Real growth a year since 2015+2.2%+1.7%20 · 27
GDP per person$90,634$77,02916 · 36
Income per person, 2025$88,145$75,7239 · 21
Real income per person (2017 $)$64,632$58,8939 · 22
Price level (US = 100)104.298.09 · 23
Housing costs (US = 100)114.986.512 · 26
Unemployment, September 20262.6%2.6%3 · 4
Population1,415,342644,66341 · 50
Population growth a year since 2020+0.53%+0.05%26 · 44

Highlighted: the higher value, or the lower one for prices and unemployment. BEA (GDP, income, price parities), BLS (unemployment).

Fig. 1Real GDP, index 2015 = 100Chained 2017 dollars
10011012013020162018202020222024New HampshireVermont
New HampshireVermont
Fig. 2Unemployment rateMonthly, seasonally adjusted, since 2015
0%5%10%15%20%201620182020202220242026New HampshireVermont
New HampshireVermont

Industry mix, 2025

Share of each state’s GDP. Sorted by the gap between the two.

IndustryNHVTGap, ppLarger in
Government9.0%12.3%3.4VT
Finance & insurance9.4%6.8%2.6NH
Professional services9.2%7.5%1.7NH
Wholesale trade6.5%4.8%1.7NH
Health care9.0%10.6%1.7VT
Manufacturing9.4%7.8%1.6NH
Accommodation & food4.4%6.0%1.6VT
Information4.2%3.0%1.2NH
Utilities1.4%2.4%1.0VT
Retail trade7.0%7.9%0.9VT
Management of companies1.6%0.7%0.9NH
Agriculture0.2%1.1%0.8VT
Administrative & waste services4.1%3.4%0.7NH
Real estate14.0%14.6%0.6VT
Construction3.2%3.6%0.4VT
Mining, oil & gas0.2%0.5%0.3VT
Education2.2%2.1%0.1NH
Other services2.3%2.2%0.1NH
Arts & recreation1.1%1.2%0.0
Transportation & warehousing1.6%1.6%0.0