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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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MN!GDP=SAGDP1(27, 1997:2025)

Minnesota: GDP and industries

Gross domestic product of Minnesota 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: +1.3% a year
Fig. 1Real GDP growth by yearPercent change in chained 2017 dollars; dashed — United States
-5%0%5%10%200020052010201520202025MinnesotaUnited States
MinnesotaUnited States
YearGDP, current $Real GDP, 2017 $Real growthCompensationShare of US
2025$515.1B$392.3B+0.7%$280.9B1.67%
2024$497.2B$389.6B+0.8%$271.4B1.69%
2023$479.6B$386.4B+0.9%$260.6B1.72%
2022$453.7B$382.9B+2.2%$249.1B1.74%
2021$413.5B$374.6B+4.9%$234.3B1.74%
2020$378.3B$357.1B−3.4%$219.0B1.77%
2019$384.8B$369.5B+1.3%$218.3B1.79%
2018$372.4B$364.7B+2.8%$210.9B1.80%
2017$354.7B$354.7B+1.2%$202.0B1.81%
2016$345.2B$350.6B+1.5%$192.8B1.84%
2015$336.8B$345.5B+2.0%$187.4B1.84%
2014$324.7B$338.6B+2.7%$178.8B1.84%
2013$311.8B$329.8B+2.7%$170.7B1.85%
2012$298.6B$321.1B+1.9%$165.2B1.84%
2011$287.1B$315.2B+2.3%$160.0B1.84%
2010$274.6B$308.1B+3.8%$153.1B1.83%
2009$262.6B$296.9B−4.0%$148.8B1.81%
2008$268.8B$309.3B+1.7%$156.4B1.82%
2007$261.3B$304.2B+0.6%$151.6B1.80%
2006$252.4B$302.3B+0.2%$143.1B1.83%
2005$244.6B$301.8B+2.7%$138.4B1.88%
2004$231.9B$293.8B+4.6%$134.3B1.90%
2003$216.0B$280.8B+4.4%$127.2B1.89%
2002$204.1B$269.0B+2.1%$122.6B1.87%
2001$196.9B$263.5B+0.1%$120.1B1.86%
2000$192.4B$263.3B+6.6%$115.8B1.88%
1999$176.8B$247.0B+3.9%$106.8B1.84%
1998$167.9B$237.7B+5.4%$100.3B1.85%
1997$157.3B$225.5B—$92.0B1.83%

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$35.3B$41.6B$44.8B$65.0B+84%
Government$29.8B$33.3B$38.6B$49.2B+65%
Manufacturing$37.4B$46.6B$45.5B$58.0B+55%
Finance & insurance$20.1B$28.3B$33.9B$46.8B+133%
Professional services$16.3B$21.7B$26.3B$35.5B+117%
Health care$24.9B$30.3B$37.1B$51.9B+109%
Wholesale trade$20.2B$26.0B$27.8B$39.1B+93%
Retail trade$15.0B$18.8B$22.5B$29.2B+95%
Information$11.2B$11.8B$13.6B$16.3B+45%
Construction$9.0B$13.9B$18.4B$26.0B+190%
Transportation & warehousing$7.8B$10.5B$10.8B$16.5B+111%
Accommodation & food$6.1B$8.0B$7.5B$13.1B+116%
Administrative & waste services$6.6B$7.9B$9.2B$12.1B+82%
Other services$5.9B$7.2B$8.1B$11.2B+90%
Management of companies$10.9B$12.4B$14.8B$17.0B+56%
Utilities$4.6B$5.2B$5.9B$8.5B+85%
Mining, oil & gas$2.6B$536M$1.8B$1.6B−38%
Education$3.3B$3.5B$3.7B$4.7B+41%
Arts & recreation$2.2B$3.0B$2.8B$5.7B+153%
Agriculture$5.4B$6.3B$5.2B$8.0B+48%
ΣAll industries$274.6B$336.8B$378.3B$515.1B+88%

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