MichiganUnited States
| Year | GDP, current $ | Real GDP, 2017 $ | Real growth | Compensation | Share of US | |
|---|---|---|---|---|---|---|
| 2025 | $733.9B | $575.4B | +2.2% | $394.3B | 2.38% | |
| 2024 | $702.4B | $563.1B | +1.3% | $379.3B | 2.39% | |
| 2023 | $676.4B | $555.9B | +2.8% | $363.7B | 2.43% | |
| 2022 | $623.9B | $540.8B | +2.5% | $344.2B | 2.39% | |
| 2021 | $571.7B | $527.9B | +5.1% | $321.5B | 2.41% | |
| 2020 | $529.8B | $502.2B | −3.6% | $298.5B | 2.48% | |
| 2019 | $540.2B | $521.0B | +0.8% | $304.5B | 2.51% | |
| 2018 | $525.2B | $516.8B | +2.3% | $297.2B | 2.54% | |
| 2017 | $505.1B | $505.1B | +1.0% | $285.7B | 2.58% | |
| 2016 | $494.8B | $500.2B | +1.9% | $273.7B | 2.63% | |
| 2015 | $479.2B | $490.6B | +2.3% | $264.6B | 2.62% | |
| 2014 | $456.1B | $479.5B | +1.4% | $251.4B | 2.59% | |
| 2013 | $441.5B | $472.8B | +2.0% | $241.7B | 2.62% | |
| 2012 | $426.1B | $463.3B | +2.1% | $235.9B | 2.62% | |
| 2011 | $408.4B | $454.0B | +2.9% | $227.9B | 2.62% | |
| 2010 | $393.2B | $441.3B | +6.0% | $218.3B | 2.61% | |
| 2009 | $371.7B | $416.3B | −8.6% | $214.8B | 2.57% | |
| 2008 | $391.6B | $455.3B | −5.7% | $232.1B | 2.65% | |
| 2007 | $410.6B | $482.9B | −0.2% | $234.2B | 2.84% | |
| 2006 | $402.5B | $483.8B | −2.0% | $231.3B | 2.91% | |
| 2005 | $402.8B | $493.8B | +1.8% | $229.4B | 3.09% | |
| 2004 | $388.8B | $485.1B | +1.7% | $224.5B | 3.18% | |
| 2003 | $376.1B | $477.1B | +2.4% | $218.5B | 3.28% | |
| 2002 | $363.4B | $465.8B | +2.8% | $214.2B | 3.32% | |
| 2001 | $349.1B | $453.3B | −3.1% | $213.4B | 3.30% | |
| 2000 | $351.9B | $467.7B | +2.2% | $214.2B | 3.43% | |
| 1999 | $337.2B | $457.6B | +6.1% | $202.3B | 3.50% | |
| 1998 | $311.1B | $431.3B | +1.8% | $189.2B | 3.43% | |
| 1997 | $299.8B | $423.5B | — | $178.6B | 3.50% |
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 | $52.0B | $60.7B | $73.6B | $100.6B | +93% | ||
| Government | $49.9B | $51.5B | $57.1B | $73.5B | +47% | ||
| Manufacturing | $67.3B | $90.4B | $89.9B | $113.2B | +68% | ||
| Finance & insurance | $18.8B | $26.7B | $29.5B | $42.4B | +125% | ||
| Professional services | $28.1B | $36.8B | $41.0B | $58.0B | +106% | ||
| Health care | $35.2B | $40.3B | $45.4B | $61.8B | +76% | ||
| Wholesale trade | $25.2B | $32.3B | $36.4B | $55.6B | +121% | ||
| Retail trade | $25.3B | $29.3B | $35.1B | $49.2B | +94% | ||
| Information | $10.9B | $12.4B | $14.0B | $20.3B | +86% | ||
| Construction | $11.4B | $16.5B | $19.7B | $30.6B | +168% | ||
| Transportation & warehousing | $9.3B | $12.2B | $14.4B | $21.2B | +129% | ||
| Accommodation & food | $9.4B | $13.2B | $11.0B | $21.3B | +126% | ||
| Administrative & waste services | $13.2B | $15.6B | $16.2B | $22.0B | +67% | ||
| Other services | $9.4B | $11.1B | $12.0B | $17.4B | +84% | ||
| Management of companies | $7.2B | $9.1B | $11.7B | $13.4B | +88% | ||
| Utilities | $8.8B | $9.1B | $10.8B | $13.8B | +57% | ||
| Mining, oil & gas | $1.7B | $1.4B | $1.5B | $1.5B | −12% | ||
| Education | $3.8B | $4.1B | $3.8B | $5.4B | +42% | ||
| Arts & recreation | $3.3B | $3.3B | $3.3B | $6.6B | +102% | ||
| Agriculture | $2.8B | $3.2B | $3.4B | $6.0B | +114% | ||
| Σ | All industries | $393.2B | $479.2B | $529.8B | $733.9B | +87% |
BEA, GDP by state and industry (SAGDP2), NAICS sectors.