Missouri’s Gross Domestic Product (GDP) totaled over $229 billion in 2007 according to advanced data estimates from the U.S. Bureau of Economic Analysis. Real Missouri GDP growth from 2006 to 2007 was 1.3%, less than the U.S. average of 2.0% for the period. Missouri’s growth rate was steady compared to 2005-2006. Real GDP growth slowed in thirty-six states.
| GSP | GSP | GSP Current-$ | GSP Real-$ | |
| (Current $M) | (Real 00$M) | (% Change) | (% Change) | |
| 1998 | 164,267 | 171,653 | ||
| 1999 | 168,980 | 172,930 | 2.90% | 0.70% |
| 2000 | 176,708 | 176,708 | 4.60% | 2.20% |
| 2001 | 182,362 | 177,810 | 3.20% | 0.60% |
| 2002 | 188,351 | 179,918 | 3.30% | 1.20% |
| 2003 | 195,547 | 183,237 | 3.80% | 1.80% |
| 2004 | 204,916 | 186,375 | 4.80% | 1.70% |
| 2005 | 213,012 | 188,373 | 4.00% | 1.10% |
| 2006 | 220,092 | 189,068 | 3.30% | 0.40% |
| 2007 | 229,470 | 191,577 | 4.30% | 1.30% |
Missouri Gross State Product
1998-2007
Missouri had the 22nd largest Gross Domestic Product among the states in 2007. Of the surrounding states, only Illinois (5th) and Tennessee (19th) have larger economies.
Gross State Product 2007 |
||
(millions of current dollars) |
||
State |
GSP |
Rank |
California |
1,812,968 |
1 |
Texas |
1,141,965 |
2 |
New York |
1,103,024 |
3 |
Florida |
734,519 |
4 |
Illinois |
609,570 |
5 |
Pennsylvania |
531,110 |
6 |
Ohio |
466,309 |
7 |
New Jersey |
465,484 |
8 |
North Carolina |
399,446 |
9 |
Georgia |
396,504 |
10 |
Missouri |
229,470 |
22 |
Missouri’s manufacturing sector contributed the largest portion to Missouri’s GDP in 2007 with 13.3%, followed by Government (12.1%) and Real Estate, Rental and Leasing (10.0%).
| Missouri Gross State Product 2007 | ||
| (millions of current dollars) | ||
Industry |
GSP (Current $M) | % of Total GSP |
| Total Gross State Product | 229,470 | |
| Private industries | 201,797 | 87.90% |
| Agriculture, forestry, fishing, and hunting | 3,261 | 1.40% |
| Mining | 1,070 | 0.50% |
| Utilities | 4,285 | 1.90% |
| Construction | 9,497 | 4.10% |
| Manufacturing | 30,588 | 13.30% |
| Wholesale trade | 14,939 | 6.50% |
| Retail trade | 15,840 | 6.90% |
| Transportation and warehousing | 8,655 | 3.80% |
| Information | 11,376 | 5.00% |
| Finance and insurance | 13,629 | 5.90% |
| Real estate, rental, and leasing | 22,929 | 10.00% |
| Professional and technical services | 14,861 | 6.50% |
| Management of companies and enterprises | 7,821 | 3.40% |
| Administrative and waste services | 6,701 | 2.90% |
| Educational services | 2,942 | 1.30% |
| Health care and social assistance | 17,868 | 7.80% |
| Arts, entertainment, and recreation | 3,287 | 1.40% |
| Accommodation and food services | 6,234 | 2.70% |
| Other services, except government | 6,023 | 2.60% |
| Government | 27,674 | 12.10% |
