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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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MT!A1=PROFILE("Montana")

Montana economy

Montana produced $80.9 billion of goods and services in 2025, ranking #48 among the states. Below: growth, income, prices, jobs and the industries behind the total.

Capital Helena1,144,694 people, 2025Statehood 1889Rocky Mountain region
GDP, 2025$80.9B#48 of 51 · 0.3% of US
Real GDP growth, 2025+2.0%#24 of 51 · US +2.3%
Income per person, 2025$72,066#27 of 51 · US $77,028
Unemployment, September 20263.1%#8 of 51 · #1 = lowest
Fig. 1GDP, 1997–2025Current dollars and real (chained 2017) dollars, billions
$0B$25B$50B$75B$100B200020052010201520202025Current dollarsReal, 2017 dollars
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.

IndustryValue addedSharevs US shareRank
Real estate$11.8B14.6%+0.8 pp13
Government$10.1B12.4%+1.3 pp14
Manufacturing$4.1B5.0%−4.5 pp44
Finance & insurance$4.9B6.0%−2.7 pp33
Professional services$5.3B6.5%−1.5 pp26
Health care$7.9B9.8%+2.2 pp7
Wholesale trade$4.6B5.7%−0.7 pp29
Retail trade$5.8B7.1%+1.3 pp11
Information$2.5B3.1%−2.6 pp27
Construction$5.1B6.3%+2.0 pp4
Transportation & warehousing$3.2B3.9%+0.6 pp16
Accommodation & food$3.7B4.6%+1.5 pp5
Administrative & waste services$2.1B2.6%−0.3 pp37
Other services$1.8B2.2%+0.2 pp19
Management of companies$340M0.4%−1.4 pp51
Utilities$1.6B1.9%+0.3 pp14
Mining, oil & gas$2.3B2.9%+1.6 pp10
Education$430M0.5%−0.6 pp44
Arts & recreation$1.0B1.3%+0.2 pp6
Agriculture$2.5B3.1%+2.2 pp6
Fig. 2Unemployment rate, 2000–2026Monthly, seasonally adjusted, percent of the labor force
0%5%10%15%200020052010201520202025Unemployment rate

BLS, Local Area Unemployment Statistics. Latest month: September 2026.

Metro areas in Montana

Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.

Metro areaPopulationGDPIncome per personUnemployment
Billings, MT192,531$15.3B$72,8253.3%
Missoula, MT127,741$9.2B$73,2773.2%
Bozeman, MT126,984$11.9B$94,5732.5%
Helena, MT96,735$6.4B$66,6253.1%
Great Falls, MT84,523$5.7B$63,8643.3%