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Michigan annual growth of real GDP 2000-2021

Published by Statista Research Department, Oct 5, 2022
In 2021, the real gross domestic product (GDP) of Michigan increased by roughly 7.4 percent compared to the previous year. This was the most growth experienced by the state's GDP since 2000. The shrinkage of the Michigan GDP in 2020 can be attributed to the COVID-19 pandemic.

Annual percent change of the real GDP in Michigan from 2000 to 2021

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Release date

September 2022

Region

United States

Survey time period

2000 to 2021

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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