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New Jersey vs New York GDP, 1997 to 2025

New York leads New Jersey in 2025 GDP: $2,465.75 billion vs $887.79 billion. Compare annual state data from 1997.

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What the data shows

  • New Jersey: $307.14B in 1997, $887.79B in 2025 (2.9× higher).
  • New York: $716.11B in 1997, $2,465.75B in 2025 (3.4× higher).

About this chart

New York had the larger GDP in 2025: $2,465.75 billion versus $887.79 billion for New Jersey, a gap of $1,577.96 billion. Over the full period from 1997, New Jersey grew by 189.1%, while New York grew by 244.3%. New York was ahead in 1997 and remained ahead at every annual observation in the displayed series. The comparison uses the same reference year for both states.

The BEA all-industry series puts New Jersey and New York on the same basis: annual GDP in current US dollars. The first-year figures are $307.14 billion for New Jersey and $716.11 billion for New York. These totals measure production within each state, not residents’ earnings or disposable income. They are not adjusted for inflation, so the percentage changes mix price movements with changes in real output. Differences in population also affect total GDP; this comparison is not a per-person ranking.

The data

Source: U.S. Bureau of Economic Analysis, SAGDP2 all-industry GDP, current US$ billions. Retrieved November 5, 2026. Nominal GDP, not adjusted for inflation; total economic output, not household income or GDP per person.

New Jersey vs New York GDP, GDP in current US$ billions, 1997 to 2025, 1997–2025
DateNew JerseyNew York
1997$307.14B$716.11B
1998$318.10B$744.96B
1999$334.97B$794.01B
2000$360.53B$839.85B
2001$372.82B$876.29B
2002$385.05B$885.39B
2003$400.00B$908.54B
2004$415.49B$958.57B
2005$436.06B$1,009.85B
2006$457.68B$1,072.27B
2007$474.54B$1,116.27B
2008$493.29B$1,107.86B
2009$481.45B$1,155.49B
2010$491.23B$1,217.75B
2011$494.29B$1,245.77B
2012$516.10B$1,324.47B
2013$534.21B$1,364.63B
2014$543.82B$1,434.61B
2015$565.81B$1,498.48B
2016$578.65B$1,556.83B
2017$590.09B$1,624.80B
2018$619.34B$1,710.67B
2019$643.28B$1,787.40B
2020$632.90B$1,774.50B
2021$694.52B$1,914.83B
2022$759.53B$2,040.49B
2023$797.93B$2,160.94B
2024$846.57B$2,328.21B
2025$887.79B$2,465.75B

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Frequently asked questions

Which has a larger GDP, New Jersey or New York?

New York had the larger GDP in 2025, at $2,465.75 billion compared with $887.79 billion for New Jersey. The gap was $1,577.96 billion in current US dollars.

How have New Jersey and New York changed since 1997?

New Jersey moved from $307.14 billion to $887.79 billion, a 189.1% increase. New York moved from $716.11 billion to $2,465.75 billion, a 244.3% increase. These are nominal, not inflation-adjusted, changes.

What exactly is being compared?

BEA annual all-industry GDP in current US dollars. It is total state output, not GDP per person or household income.

Where does this data come from?

U.S. Bureau of Economic Analysis, SAGDP2 all-industry GDP, current US$ billions. Retrieved November 5, 2026. Nominal GDP, not adjusted for inflation; total economic output, not household income or GDP per person. You can download the full table as a CSV from this page.

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Related data

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Population of New Jersey

New Jersey grew 13.3% from 8.43M in 2000 to 9.55M in 2025. Census July 1 resident population estimates.

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New Jersey GDP compared with countries

New Jersey GDP was $887.79 billion in 2025, number 11 among states. Compare its economy with Poland and other country peers.

CitiesReal data

Largest cities in New Jersey

Newark: 323,808 residents in 2025, ahead of Jersey City (302,013). Compare New Jersey city-limit populations since 2010.