GDP, 2025$515.1B#20 of 51 · 1.7% of US
Real GDP growth, 2025+0.7%#47 of 51 · US +2.3%
Income per person, 2025$78,197#17 of 51 · US $77,028
Unemployment, September 20264.5%#39 of 51 · #1 = lowest
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.
| Industry | Value added | Share | vs US share | Rank | ||
|---|---|---|---|---|---|---|
| Real estate | $65.0B | 12.6% | −1.1 pp | 33 | ||
| Government | $49.2B | 9.5% | −1.6 pp | 40 | ||
| Manufacturing | $58.0B | 11.3% | +1.8 pp | 17 | ||
| Finance & insurance | $46.8B | 9.1% | +0.4 pp | 18 | ||
| Professional services | $35.5B | 6.9% | −1.1 pp | 23 | ||
| Health care | $51.9B | 10.1% | +2.5 pp | 5 | ||
| Wholesale trade | $39.1B | 7.6% | +1.3 pp | 8 | ||
| Retail trade | $29.2B | 5.7% | −0.2 pp | 37 | ||
| Information | $16.3B | 3.2% | −2.6 pp | 26 | ||
| Construction | $26.0B | 5.0% | +0.7 pp | 17 | ||
| Transportation & warehousing | $16.5B | 3.2% | −0.1 pp | 27 | ||
| Accommodation & food | $13.1B | 2.5% | −0.6 pp | 45 | ||
| Administrative & waste services | $12.1B | 2.3% | −0.6 pp | 45 | ||
| Other services | $11.2B | 2.2% | +0.1 pp | 25 | ||
| Management of companies | $17.0B | 3.3% | +1.5 pp | 2 | ||
| Utilities | $8.5B | 1.6% | 0.0 pp | 31 | ||
| Mining, oil & gas | $1.6B | 0.3% | −1.0 pp | 24 | ||
| Education | $4.7B | 0.9% | −0.2 pp | 24 | ||
| Arts & recreation | $5.7B | 1.1% | +0.1 pp | 18 | ||
| Agriculture | $8.0B | 1.6% | +0.7 pp | 12 |
BLS, Local Area Unemployment Statistics. Latest month: September 2026.
Metro areas in Minnesota
Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.
| Metro area | Population | GDP | Income per person | Unemployment | |
|---|---|---|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 3,757,952 | $369.3B | $82,844 | 3.7% | |
| Sioux Falls, SD-MN | 308,266 | $33.3B | $81,834 | 2.0% | |
| Duluth, MN-WI | 281,815 | $18.2B | $60,008 | 4.7% | |
| Fargo, ND-MN | 267,793 | $22.0B | $69,475 | 2.7% | |
| Rochester, MN | 230,742 | $18.8B | $71,379 | 3.3% | |
| St. Cloud, MN | 205,878 | $15.0B | $63,599 | 4.1% | |
| La Crosse-Onalaska, WI-MN | 170,763 | $12.3B | $63,617 | 2.9% | |
| Mankato, MN | 105,193 | $7.6B | $59,097 | 3.3% | |
| Grand Forks, ND-MN | 104,184 | $7.6B | $65,148 | 2.8% |