In 2022, the real gross domestic product of New Jersey increased by 2.8 percent compared to the previous year. The state's real GDP experienced the most growth in 2021, when the GDP grew by 5.5 percent when compared to the previous year. The shrinkage of the state's GDP in 2020 can be attributed to the COVID-19 pandemic.
Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022
The real estimates of gross domestic product (GDP) by state from 2000 to 2017 are measured in chained (2012) dollars. Estimates from 2018 onward are measured in chained (2017) dollars. Real GDP by state is an inflation-adjusted measure of each state's gross product that is based on national prices for the goods and services produced within the state.
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BEA. (October 4, 2023). Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022 [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. "Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022." Chart. October 4, 2023. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. (2023). Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022. Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA. "Annual Percent Change in The Real Gross Domestic Product of New Jersey in The United States from 2000 to 2022." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
BEA, Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022 Statista, https://www.statista.com/statistics/306787/new-jersey-gdp-growth/ (last visited October 05, 2024)
Annual percent change in the real gross domestic product of New Jersey in the United States from 2000 to 2022 [Graph], BEA, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/306787/new-jersey-gdp-growth/
