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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!GDP=SAGDP1(24, 1997:2025)

Maryland: GDP and industries

Gross domestic product of Maryland every year since 1997 in current and inflation-adjusted dollars, and the value added of twenty industries since 2010.

BEA SAGDP1 · SAGDP2Average real growth since 2015: +1.4% a year
Fig. 1Real GDP growth by yearPercent change in chained 2017 dollars; dashed — United States
-5%-2.5%0%2.5%5%7.5%200020052010201520202025MarylandUnited States
MarylandUnited States
YearGDP, current $Real GDP, 2017 $Real growthCompensationShare of US
2025$567.0B$437.4B+0.8%$301.0B1.84%
2024$545.1B$433.9B+3.4%$295.3B1.86%
2023$512.0B$419.7B+1.1%$277.3B1.84%
2022$482.6B$415.0B+1.7%$262.0B1.85%
2021$448.8B$408.2B+5.0%$248.7B1.89%
2020$413.3B$388.7B−3.4%$233.7B1.93%
2019$419.4B$402.5B0.0%$230.4B1.95%
2018$410.8B$402.5B+0.7%$223.2B1.99%
2017$399.7B$399.7B+2.0%$215.6B2.04%
2016$386.5B$392.0B+3.5%$208.7B2.06%
2015$367.3B$378.7B+2.3%$202.3B2.01%
2014$351.7B$370.3B+1.6%$194.0B2.00%
2013$339.9B$364.6B+0.8%$187.4B2.01%
2012$331.9B$361.6B+0.4%$184.8B2.04%
2011$324.9B$360.2B+2.1%$180.3B2.08%
2010$313.9B$352.6B+4.9%$173.3B2.09%
2009$298.3B$336.3B−0.6%$169.1B2.06%
2008$292.9B$338.2B+1.9%$168.8B1.98%
2007$282.6B$331.8B+0.6%$164.5B1.95%
2006$273.8B$329.9B+1.3%$157.2B1.98%
2005$261.8B$325.6B+4.5%$149.6B2.01%
2004$243.4B$311.5B+4.6%$141.5B1.99%
2003$226.8B$297.7B+2.5%$133.1B1.98%
2002$217.0B$290.4B+3.3%$127.1B1.99%
2001$205.3B$281.1B+4.4%$121.0B1.94%
2000$191.4B$269.3B+4.0%$114.2B1.87%
1999$179.8B$258.9B+4.1%$105.9B1.87%
1998$169.4B$248.7B+4.7%$99.1B1.87%
1997$159.2B$237.6B—$92.5B1.86%

Current-dollar GDP, real GDP and compensation of employees: BEA, SAGDP1. Real growth is the change in chained 2017 dollars.

Value added by industry

Current dollars. A dash means BEA did not publish the figure (suppressed or not applicable).

Industry2010201520202025Change 2010–2025Trend
Real estate$48.5B$57.0B$64.1B$88.7B+83%
Government$66.3B$76.4B$89.2B$113.9B+72%
Manufacturing$19.1B$19.3B$23.4B$30.2B+58%
Finance & insurance$14.0B$18.4B$20.3B$26.2B+88%
Professional services$32.5B$36.9B$43.4B$56.4B+73%
Health care$23.5B$28.1B$31.3B$43.9B+86%
Wholesale trade$14.2B$17.0B$18.8B$29.5B+108%
Retail trade$16.1B$19.7B$22.1B$30.8B+91%
Information$17.6B$15.5B$13.3B$22.7B+29%
Construction$13.2B$19.0B$26.0B$33.2B+152%
Transportation & warehousing$6.4B$8.3B$8.9B$12.8B+100%
Accommodation & food$7.8B$10.0B$9.0B$16.3B+108%
Administrative & waste services$9.3B$11.1B$12.5B$17.3B+86%
Other services$7.3B$8.7B$9.4B$13.3B+81%
Management of companies$3.0B$3.9B$4.4B$5.7B+93%
Utilities$6.8B$6.7B$6.9B$9.2B+36%
Mining, oil & gas$388M$253M$269M$389M0%
Education$5.1B$5.9B$6.5B$8.3B+64%
Arts & recreation$2.0B$4.2B$3.0B$7.0B+246%
Agriculture$802M$964M$680M$1.3B+64%
ΣAll industries$313.9B$367.3B$413.3B$567.0B+81%

BEA, GDP by state and industry (SAGDP2), NAICS sectors.