• Virginia: real GDP growth 2020

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In 2020, the real Gross Domestic Product (GDP) of Virginia decreased by roughly 2.5 percent compared to the previous year. The state's real GDP experienced the most growth in 2005, when it increased by 5.5 percent compared to the previous year.

Annual percent change of the real GDP in Virginia from 2000 to 2020

	Percent change compared to preceding period
2020	-2.5%
2019	2.2%
2018	2.3%
2017	1.7%
2016	1%
2015	2%
2014	0%
2013	0.3%
2012	0.6%
2011	1%
2010	2.8%
2009	-0.2%
2008	0%
2007	0.8%
2006	1.9%
2005	5.5%
2004	4.7%
2003	3.8%
2002	0.9%
2001	3.4%
2000	4.8%

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Release date

March 2021

More information

Region

United States

Survey time period

2000 to 2020

Supplementary notes

The real estimates of Gross Domestic Product (GDP) by state are measured in chained (2012) 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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