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Michigan GDP compared with countries, 1997 to 2025

Michigan GDP was $733.89 billion in 2025, number 14 among states. Compare its economy with Belgium and other country peers.

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What the data shows

  • Michigan: $299.83B in 1997, $733.89B in 2025 (2.4× higher).
  • Belgium: $252.71B in 1997, $725.47B in 2025 (2.9× higher). Its low point was $236.75B in 2001.
  • Ireland: $82.86B in 1997, $721.70B in 2025 (8.7× higher).
  • Argentina: $292.86B in 1997, $683.10B in 2025 (2.3× higher). Its low point was $97.72B in 2002.

About this chart

Michigan nominal GDP rose by 144.8% from 1997 to 2025, reaching $733.89 billion. Its closest displayed country comparison is Belgium, at $725.47 billion in the same year. The state figure rose from $299.83 billion in 1997, a nominal change of 144.8%. The largest year-to-year dollar move in the displayed state series came in 2023, when output increased by $52.50 billion.

The comparison follows Michigan alongside Belgium, Ireland and Argentina from 1997 through 2025. These countries are the three closest eligible economies by final-year GDP, with complete annual data over the same interval. State figures come from the BEA all-industry GDP series and country figures from the World Bank. Values are in current US dollars, so inflation and exchange-rate movements affect the comparison. Total output is not household income, a living-standard ranking or GDP per person.

The data

Source: U.S. Bureau of Economic Analysis, SAGDP2 all-industry state GDP; World Bank WDI NY.GDP.MKTP.CD for countries; current US$ billions. Retrieved November 5, 2026. Nominal GDP, not adjusted for inflation. Country GDP source: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD. Country peers are the three closest eligible economies in the final common year; complete annual coverage is required.

Michigan GDP compared with countries, GDP in current US$ billions, 1997 to 2025, 1997–2025
DateMichiganBelgiumIrelandArgentina
1997$299.83B$252.71B$82.86B$292.86B
1998$311.09B$258.53B$90.20B$298.95B
1999$337.15B$258.25B$98.89B$283.52B
2000$351.88B$236.79B$100.21B$284.20B
2001$349.13B$236.75B$109.35B$268.70B
2002$363.37B$258.38B$128.60B$97.72B
2003$376.12B$318.08B$164.67B$127.59B
2004$388.77B$369.22B$194.37B$164.66B
2005$402.83B$385.72B$211.88B$198.74B
2006$402.54B$408.26B$232.18B$232.56B
2007$410.61B$470.92B$270.08B$287.53B
2008$391.63B$517.33B$275.45B$361.56B
2009$371.71B$485.02B$236.44B$332.98B
2010$393.18B$481.56B$221.73B$423.63B
2011$408.35B$527.20B$240.98B$530.16B
2012$426.14B$498.41B$226.92B$545.98B
2013$441.47B$524.10B$242.92B$552.03B
2014$456.12B$537.99B$266.49B$526.32B
2015$479.22B$461.05B$302.10B$594.75B
2016$494.75B$474.27B$305.43B$557.53B
2017$505.10B$500.91B$348.36B$643.63B
2018$525.24B$542.64B$395.78B$524.82B
2019$540.19B$536.73B$407.21B$447.76B
2020$529.75B$529.69B$436.01B$385.74B
2021$571.66B$598.52B$530.39B$486.56B
2022$623.92B$591.47B$548.34B$633.99B
2023$676.42B$650.78B$567.37B$649.46B
2024$702.41B$670.98B$609.16B$638.37B
2025$733.89B$725.47B$721.70B$683.10B

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Frequently asked questions

What is the GDP of Michigan?

Michigan GDP was $733.89 billion in 2025, in current US dollars according to the BEA all-industry series. It ranked 14 among the 50 states.

Which country has an economy close in size to Michigan?

Among the displayed same-year comparisons, Belgium is closest: $725.47 billion versus $733.89 billion for Michigan in 2025. Countries are selected by total GDP and complete annual coverage, not by similarity in population or economic structure.

Are these GDP figures adjusted for inflation?

No. Both the BEA state figures and World Bank country figures are nominal GDP in current US dollars. The 144.8% change since 1997 is therefore not a measure of inflation-adjusted growth.

Where does this data come from?

U.S. Bureau of Economic Analysis, SAGDP2 all-industry state GDP; World Bank WDI NY.GDP.MKTP.CD for countries; current US$ billions. Retrieved November 5, 2026. Nominal GDP, not adjusted for inflation. Country GDP source: https://data.worldbank.org/indicator/NY.GDP.MKTP.CD. Country peers are the three closest eligible economies in the final common year; complete annual coverage is required. You can download the full table as a CSV from this page.

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