MA!GDP=SAGDP1(25, 1997:2025)
Massachusetts: GDP and industries
Gross domestic product of Massachusetts 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: +2.2% a year
MassachusettsUnited States
| Year | GDP, current $ | Real GDP, 2017 $ | Real growth | Compensation | Share of US | |
|---|---|---|---|---|---|---|
| 2025 | $813.6B | $640.8B | +1.3% | $444.3B | 2.64% | |
| 2024 | $781.3B | $632.3B | +2.8% | $429.3B | 2.66% | |
| 2023 | $736.6B | $615.4B | +0.9% | $407.7B | 2.65% | |
| 2022 | $696.8B | $610.1B | +2.2% | $394.0B | 2.67% | |
| 2021 | $649.9B | $596.8B | +6.9% | $373.2B | 2.74% | |
| 2020 | $590.8B | $558.4B | −1.4% | $345.3B | 2.76% | |
| 2019 | $588.0B | $566.3B | +3.1% | $342.1B | 2.73% | |
| 2018 | $559.6B | $549.3B | +3.6% | $325.7B | 2.71% | |
| 2017 | $530.1B | $530.1B | +1.6% | $309.1B | 2.70% | |
| 2016 | $514.1B | $521.7B | +1.4% | $294.1B | 2.73% | |
| 2015 | $497.8B | $514.4B | +3.7% | $286.2B | 2.72% | |
| 2014 | $469.8B | $496.3B | +1.9% | $270.0B | 2.67% | |
| 2013 | $452.6B | $487.0B | +0.8% | $257.4B | 2.68% | |
| 2012 | $441.4B | $483.3B | +2.2% | $250.0B | 2.72% | |
| 2011 | $423.7B | $472.7B | +2.2% | $240.3B | 2.72% | |
| 2010 | $409.3B | $462.3B | +4.8% | $229.4B | 2.72% | |
| 2009 | $389.0B | $441.3B | −1.4% | $221.4B | 2.69% | |
| 2008 | $387.9B | $447.5B | +1.6% | $230.1B | 2.63% | |
| 2007 | $378.0B | $440.4B | +3.1% | $223.1B | 2.61% | |
| 2006 | $358.4B | $426.9B | +2.4% | $209.6B | 2.59% | |
| 2005 | $340.6B | $417.1B | +2.3% | $198.9B | 2.61% | |
| 2004 | $324.9B | $407.9B | +2.7% | $192.5B | 2.66% | |
| 2003 | $309.7B | $397.1B | +2.2% | $181.5B | 2.70% | |
| 2002 | $299.9B | $388.5B | +0.1% | $178.8B | 2.74% | |
| 2001 | $294.9B | $388.2B | +1.5% | $181.2B | 2.79% | |
| 2000 | $287.1B | $382.6B | +8.1% | $178.3B | 2.80% | |
| 1999 | $262.9B | $353.8B | +5.5% | $158.5B | 2.73% | |
| 1998 | $247.7B | $335.5B | +4.1% | $146.2B | 2.73% | |
| 1997 | $236.4B | $322.4B | — | $135.2B | 2.76% |
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).
| Industry | 2010 | 2015 | 2020 | 2025 | Change 2010–2025 | Trend | |
|---|---|---|---|---|---|---|---|
| Real estate | $56.5B | $64.5B | $80.9B | $114.7B | +103% | ||
| Government | $45.3B | $51.9B | $57.5B | $70.8B | +56% | ||
| Manufacturing | $44.4B | $49.5B | $49.3B | $68.0B | +53% | ||
| Finance & insurance | $32.9B | $45.7B | $56.5B | $74.7B | +127% | ||
| Professional services | $46.7B | $59.6B | $84.1B | $112.7B | +141% | ||
| Health care | $38.9B | $48.0B | $55.2B | $74.7B | +92% | ||
| Wholesale trade | $22.2B | $26.2B | $28.5B | $37.3B | +68% | ||
| Retail trade | $17.9B | $21.2B | $26.8B | $34.2B | +91% | ||
| Information | $24.0B | $26.5B | $34.0B | $54.6B | +127% | ||
| Construction | $12.1B | $17.6B | $23.3B | $29.6B | +145% | ||
| Transportation & warehousing | $6.6B | $9.3B | $9.5B | $17.9B | +170% | ||
| Accommodation & food | $10.5B | $14.2B | $12.5B | $26.4B | +152% | ||
| Administrative & waste services | $10.8B | $13.0B | $16.0B | $22.0B | +104% | ||
| Other services | $7.9B | $9.7B | $11.0B | $15.5B | +95% | ||
| Management of companies | $8.5B | $12.0B | $13.3B | $17.5B | +105% | ||
| Utilities | $5.5B | $6.3B | $9.9B | $11.4B | +107% | ||
| Mining, oil & gas | $163M | $206M | $165M | $438M | +169% | ||
| Education | $13.1B | $15.2B | $17.4B | $22.6B | +72% | ||
| Arts & recreation | $3.9B | $6.2B | $4.2B | $7.8B | +99% | ||
| Agriculture | $1.2B | $836M | $830M | $870M | −29% | ||
| Σ | All industries | $409.3B | $497.8B | $590.8B | $813.6B | +99% |
BEA, GDP by state and industry (SAGDP2), NAICS sectors.