NM!GDP=SAGDP1(35, 1997:2025)
New Mexico: GDP and industries
Gross domestic product of New Mexico 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: +2.7% a year
New MexicoUnited States
| Year | GDP, current $ | Real GDP, 2017 $ | Real growth | Compensation | Share of US | |
|---|---|---|---|---|---|---|
| 2025 | $152.1B | $122.6B | +1.8% | $72.9B | 0.49% | |
| 2024 | $147.2B | $120.4B | +4.3% | $70.3B | 0.50% | |
| 2023 | $138.9B | $115.4B | +10.7% | $66.0B | 0.50% | |
| 2022 | $129.2B | $104.2B | +3.3% | $61.2B | 0.50% | |
| 2021 | $112.9B | $100.9B | +3.2% | $56.7B | 0.48% | |
| 2020 | $100.9B | $97.8B | −2.5% | $53.6B | 0.47% | |
| 2019 | $103.8B | $100.3B | +4.4% | $53.5B | 0.48% | |
| 2018 | $98.8B | $96.1B | +3.1% | $50.9B | 0.48% | |
| 2017 | $93.2B | $93.2B | +0.2% | $48.6B | 0.48% | |
| 2016 | $90.5B | $93.0B | −0.5% | $47.4B | 0.48% | |
| 2015 | $90.8B | $93.5B | +1.0% | $47.0B | 0.50% | |
| 2014 | $92.5B | $92.6B | +2.8% | $45.7B | 0.53% | |
| 2013 | $88.8B | $90.1B | −0.7% | $44.5B | 0.53% | |
| 2012 | $87.7B | $90.8B | +0.2% | $44.1B | 0.54% | |
| 2011 | $87.1B | $90.6B | −0.2% | $43.0B | 0.56% | |
| 2010 | $84.9B | $90.7B | −0.1% | $42.0B | 0.56% | |
| 2009 | $82.6B | $90.8B | +2.0% | $41.3B | 0.57% | |
| 2008 | $84.3B | $89.0B | −0.4% | $42.1B | 0.57% | |
| 2007 | $81.1B | $89.4B | +0.9% | $40.3B | 0.56% | |
| 2006 | $78.0B | $88.6B | +2.6% | $38.2B | 0.56% | |
| 2005 | $74.1B | $86.3B | +0.6% | $35.8B | 0.57% | |
| 2004 | $70.6B | $85.8B | +8.9% | $33.6B | 0.58% | |
| 2003 | $62.9B | $78.8B | +4.5% | $31.6B | 0.55% | |
| 2002 | $57.7B | $75.3B | +3.2% | $30.0B | 0.53% | |
| 2001 | $55.7B | $73.0B | +0.4% | $28.5B | 0.53% | |
| 2000 | $55.0B | $72.7B | +1.8% | $26.8B | 0.54% | |
| 1999 | $52.8B | $71.4B | +5.5% | $25.1B | 0.55% | |
| 1998 | $50.6B | $67.7B | −0.4% | $24.3B | 0.56% | |
| 1997 | $52.6B | $68.0B | — | $23.0B | 0.61% |
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 | $10.4B | $11.5B | $12.8B | $18.1B | +75% | ||
| Government | $20.3B | $22.0B | $25.5B | $32.6B | +61% | ||
| Manufacturing | $5.0B | $3.9B | $3.9B | $4.5B | −11% | ||
| Finance & insurance | $2.2B | $3.2B | $3.8B | $5.9B | +162% | ||
| Professional services | $6.3B | $6.6B | $8.3B | $12.3B | +97% | ||
| Health care | $5.9B | $6.9B | $7.9B | $11.1B | +90% | ||
| Wholesale trade | $2.7B | $3.2B | $3.4B | $4.9B | +81% | ||
| Retail trade | $5.0B | $5.7B | $6.6B | $9.7B | +95% | ||
| Information | $2.9B | $2.7B | $2.2B | $3.3B | +13% | ||
| Construction | $3.2B | $3.4B | $4.5B | $6.7B | +109% | ||
| Transportation & warehousing | $1.9B | $2.7B | $2.8B | $4.1B | +115% | ||
| Accommodation & food | $2.5B | $3.1B | $3.2B | $5.6B | +124% | ||
| Administrative & waste services | $2.3B | $2.3B | $3.0B | $4.5B | +94% | ||
| Other services | $1.8B | $2.0B | $2.3B | $3.2B | +77% | ||
| Management of companies | $448M | $498M | $636M | $694M | +55% | ||
| Utilities | $1.5B | $1.6B | $1.8B | $2.4B | +66% | ||
| Mining, oil & gas | $8.1B | $7.0B | $6.0B | $18.7B | +133% | ||
| Education | $569M | $550M | $564M | $820M | +44% | ||
| Arts & recreation | $647M | $637M | $538M | $1.2B | +79% | ||
| Agriculture | $1.3B | $1.3B | $1.2B | $1.7B | +32% | ||
| Σ | All industries | $84.9B | $90.8B | $100.9B | $152.1B | +79% |
BEA, GDP by state and industry (SAGDP2), NAICS sectors.