NM:UT=COMPARE("NM", "UT")
New Mexico vs Utah: two economies side by side
New Mexico and Utah share a border. Here are the two economies on the same measures, with the rank of each among 51 states and DC.
Southwest · Rocky MountainNew Mexico leads on 2, Utah on 9 of 11 measures
| Indicator | A · NM | B · UT | Ranks | ||
|---|---|---|---|---|---|
| GDP, 2025 | $152.1B | $319.2B | 38 · 28 | ||
| Real GDP growth, 2025 | +1.8% | +2.7% | 31 · 13 | ||
| Real growth a year since 2015 | +2.7% | +4.6% | 13 · 1 | ||
| GDP per person | $71,569 | $90,191 | 42 · 18 | ||
| Income per person, 2025 | $62,089 | $70,323 | 46 · 30 | ||
| Real income per person (2017 $) | $51,121 | $55,116 | 49 · 40 | ||
| Price level (US = 100) | 92.2 | 98.9 | 37 · 21 | ||
| Housing costs (US = 100) | 73.6 | 107.8 | 37 · 15 | ||
| Unemployment, September 2026 | 4.7% | 3.5% | 44 · 19 | ||
| Population | 2,125,498 | 3,538,904 | 36 · 30 | ||
| Population growth a year since 2020 | +0.07% | +1.5% | 43 · 5 |
Highlighted: the higher value, or the lower one for prices and unemployment. BEA (GDP, income, price parities), BLS (unemployment).
New MexicoUtah
New MexicoUtah
Industry mix, 2025
Share of each state’s GDP. Sorted by the gap between the two.
| Industry | NM | UT | Gap, pp | Larger in | |
|---|---|---|---|---|---|
| Government | 21.5% | 10.4% | 11.1 | NM | |
| Mining, oil & gas | 12.3% | 1.5% | 10.8 | NM | |
| Manufacturing | 2.9% | 9.3% | 6.3 | UT | |
| Finance & insurance | 3.9% | 9.9% | 6.0 | UT | |
| Construction | 4.4% | 7.8% | 3.4 | UT | |
| Information | 2.1% | 5.5% | 3.3 | UT | |
| Real estate | 11.9% | 14.0% | 2.1 | UT | |
| Health care | 7.3% | 5.5% | 1.9 | NM | |
| Wholesale trade | 3.2% | 5.0% | 1.8 | UT | |
| Accommodation & food | 3.7% | 2.6% | 1.1 | NM | |
| Education | 0.5% | 1.3% | 0.8 | UT | |
| Management of companies | 0.5% | 1.2% | 0.7 | UT | |
| Utilities | 1.6% | 2.3% | 0.7 | UT | |
| Agriculture | 1.1% | 0.5% | 0.6 | NM | |
| Professional services | 8.1% | 7.5% | 0.6 | NM | |
| Transportation & warehousing | 2.7% | 3.2% | 0.5 | UT | |
| Retail trade | 6.4% | 6.6% | 0.2 | UT | |
| Administrative & waste services | 3.0% | 2.8% | 0.2 | NM | |
| Other services | 2.1% | 2.3% | 0.2 | UT | |
| Arts & recreation | 0.8% | 0.9% | 0.1 | UT |
Real GDP growth 2025, %
−1.0%+5.1%
AL+2.0%AK+4.7%AZ+1.5%AR+0.9%CA+3.5%CO+1.9%CT+2.5%DE+5.1%DC−1.0%FL+2.8%GA+2.9%HI+1.5%ID+3.1%IL+2.6%IN+1.9%IA−0.4%KS+1.0%KY+3.0%LA+1.5%ME+1.4%MD+0.8%MA+1.3%MI+2.2%MN+0.7%MS+1.3%MO+1.2%MT+2.0%NE+1.3%NV+2.0%NH+1.7%NJ+2.0%NM+1.8%NY+2.5%NC+1.8%ND+0.5%OH+2.4%OK+2.2%OR+1.4%PA+1.8%RI+2.8%SC+3.3%SD+1.8%TN+2.1%TX+2.8%UT+2.7%VT+1.9%VA+2.3%WA+3.2%WV+2.8%WI+0.8%WY+0.1%