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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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NJ!GDP=SAGDP1(34, 1997:2025)

New Jersey: GDP and industries

Gross domestic product of New Jersey 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: +1.7% a year
Fig. 1Real GDP growth by yearPercent change in chained 2017 dollars; dashed — United States
-5%0%5%10%200020052010201520202025New JerseyUnited States
New JerseyUnited States
YearGDP, current $Real GDP, 2017 $Real growthCompensationShare of US
2025$887.8B$688.8B+2.0%$463.6B2.88%
2024$846.6B$675.2B+3.3%$445.6B2.88%
2023$797.9B$653.9B+0.6%$427.3B2.87%
2022$759.5B$649.8B+3.0%$405.7B2.91%
2021$694.5B$631.1B+5.4%$378.7B2.92%
2020$632.9B$598.8B−3.2%$352.1B2.96%
2019$643.3B$618.6B+1.9%$350.4B2.99%
2018$619.3B$606.9B+2.8%$336.9B3.00%
2017$590.1B$590.1B+0.5%$323.7B3.01%
2016$578.7B$587.0B+1.0%$314.1B3.08%
2015$565.8B$581.4B+1.9%$308.6B3.09%
2014$543.8B$570.7B0.0%$297.6B3.09%
2013$534.2B$571.0B+1.8%$289.1B3.16%
2012$516.1B$560.7B+2.2%$281.1B3.18%
2011$494.3B$548.5B−1.1%$272.8B3.17%
2010$491.2B$554.8B+1.5%$267.9B3.26%
2009$481.5B$546.4B−4.7%$265.4B3.33%
2008$493.3B$573.2B+2.2%$273.8B3.34%
2007$474.5B$560.8B+1.0%$268.9B3.28%
2006$457.7B$555.2B+1.6%$258.1B3.31%
2005$436.1B$546.4B+1.9%$247.6B3.34%
2004$415.5B$536.2B+1.2%$237.2B3.40%
2003$400.0B$529.8B+2.3%$226.7B3.49%
2002$385.0B$517.8B+1.6%$219.9B3.52%
2001$372.8B$509.6B+1.1%$214.3B3.52%
2000$360.5B$503.9B+5.5%$209.7B3.52%
1999$335.0B$477.8B+3.6%$191.7B3.48%
1998$318.1B$461.2B+1.6%$182.6B3.51%
1997$307.1B$454.1B—$169.7B3.58%

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$81.9B$89.9B$102.9B$140.0B+71%
Government$58.3B$61.5B$66.8B$81.1B+39%
Manufacturing$47.1B$44.7B$52.6B$75.4B+60%
Finance & insurance$29.8B$36.6B$42.1B$56.6B+90%
Professional services$42.3B$53.7B$61.7B$87.1B+106%
Health care$38.0B$44.7B$51.0B$76.4B+101%
Wholesale trade$39.4B$49.2B$54.0B$81.7B+107%
Retail trade$28.2B$34.3B$40.8B$51.2B+81%
Information$23.5B$25.0B$27.7B$42.4B+81%
Construction$14.9B$20.1B$22.7B$29.9B+101%
Transportation & warehousing$17.4B$20.0B$20.5B$33.3B+92%
Accommodation & food$10.5B$13.4B$11.5B$24.2B+130%
Administrative & waste services$15.9B$19.9B$23.1B$33.5B+110%
Other services$9.7B$11.5B$11.9B$17.9B+85%
Management of companies$13.5B$16.9B$20.0B$21.8B+61%
Utilities$9.5B$11.1B$10.8B$14.0B+47%
Mining, oil & gas$252M$377M$397M$773M+207%
Education$6.1B$7.1B$7.5B$10.4B+71%
Arts & recreation$4.3B$4.9B$4.0B$8.9B+109%
Agriculture$733M$899M$1.0B$1.3B+73%
ΣAll industries$491.2B$565.8B$632.9B$887.8B+81%

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