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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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MD!A1=PROFILE("Maryland")

Maryland economy

Maryland produced $567.0 billion of goods and services in 2025, ranking #18 among the states. Below: growth, income, prices, jobs and the industries behind the total.

Capital Annapolis6,265,347 people, 2025Statehood 1788Mideast region
GDP, 2025$567.0B#18 of 51 · 1.8% of US
Real GDP growth, 2025+0.8%#46 of 51 · US +2.3%
Income per person, 2025$82,387#11 of 51 · US $77,028
Unemployment, September 20263.9%#27 of 51 · #1 = lowest
Fig. 1GDP, 1997–2025Current dollars and real (chained 2017) dollars, billions
$0B$200B$400B$600B200020052010201520202025Current dollarsReal, 2017 dollars
Current dollarsReal, 2017 dollars

BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.

Industries, 2025

Value added by industry and its share of the state economy; rank among 51 by share.

IndustryValue addedSharevs US shareRank
Real estate$88.7B15.6%+1.9 pp6
Government$113.9B20.1%+9.0 pp3
Manufacturing$30.2B5.3%−4.2 pp42
Finance & insurance$26.2B4.6%−4.1 pp46
Professional services$56.4B9.9%+2.0 pp5
Health care$43.9B7.7%+0.2 pp30
Wholesale trade$29.5B5.2%−1.1 pp36
Retail trade$30.8B5.4%−0.4 pp42
Information$22.7B4.0%−1.7 pp18
Construction$33.2B5.9%+1.5 pp9
Transportation & warehousing$12.8B2.3%−1.0 pp42
Accommodation & food$16.3B2.9%−0.3 pp35
Administrative & waste services$17.3B3.1%+0.1 pp19
Other services$13.3B2.3%+0.3 pp9
Management of companies$5.7B1.0%−0.8 pp42
Utilities$9.2B1.6%0.0 pp33
Mining, oil & gas$389M0.1%−1.2 pp45
Education$8.3B1.5%+0.3 pp10
Arts & recreation$7.0B1.2%+0.2 pp8
Agriculture$1.3B0.2%−0.6 pp44
Fig. 2Unemployment rate, 2000–2026Monthly, seasonally adjusted, percent of the labor force
0%2.5%5%7.5%10%200020052010201520202025Unemployment rate

BLS, Local Area Unemployment Statistics. Latest month: September 2026.

Metro areas in Maryland

Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.

Metro areaPopulationGDPIncome per personUnemployment
Washington-Arlington-Alexandria, DC-VA-MD-WV6,562,398$759.0B$93,2993.8%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD6,330,422$582.1B$80,4034.5%
Baltimore-Columbia-Towson, MD2,859,024$275.4B$81,1333.9%
Hagerstown-Martinsburg, MD-WV311,295$16.5B$57,9293.9%
Lexington Park, MD211,382$16.7B$76,1313.5%
Salisbury, MD131,570$8.3B$49,8134.4%