Annual GDP growth Virginia U.S. 2022

In 2022, the real gross domestic product (GDP) of Virginia increased by roughly 2.5 percent compared to the previous year. 2021 saw the largest growth since 2000 as the Virginia economy began its recovery from the COVID-19 pandemic.

Annual percent change in the real gross domestic product of Virginia in the United States from 2000 to 2022

Characteristic	Percent change compared to preceding period
2022	2.5%
2021	5.4%
2020	-1.3%
2019	2.5%
2018	2.4%
2017	1.6%
2016	1.1%
2015	1.7%
2014	-0.3%
2013	0.7%
2012	0.4%
2011	0.7%
2010	3.2%
2009	-0.8%
2008	1.5%
2007	1.2%
2006	1.9%
2005	4.9%
2004	4%
2003	3.5%
2002	1.2%
2001	3.5%
2000	4.8%

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Release date

October 2023

More information

Region

United States

Survey time period

2000 to 2022

Supplementary notes

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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