Michigan’s per capita GDP growth of 2.4 percent between 2016 and 2017 ranked seventh in the nation. Per capita GDP growth was higher than the “Top Ten” average of 1.7 percent, and higher than all peer states other than California, Colorado, and Massachusetts.  

What It Is: Total amount of goods and services produced by private industries in the state, adjusted for inflation and changes in relative prices, divided by population.

Why It Matters: Higher private sector GDP per capita is one of the primary measures of a region’s economic strength.

Per Capita GDP Trends

Per Capita GDP Standings

Source: Bureau of Economic Analysis (Real GDP in 2009 Chained Dollars)