New Mexico GDP compared with countries, 1997 to 2025
New Mexico GDP was $152.12 billion in 2025, number 37 among states. Compare its economy with Slovakia and other country peers.
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What the data shows
- New Mexico: $52.58B in 1997, $152.12B in 2025 (2.9× higher). Its low point was $50.57B in 1998.
- Slovakia: $22.03B in 1997, $154.53B in 2025 (7.0× higher). Its low point was $20.63B in 2000.
- Uzbekistan: $14.75B in 1997, $147.04B in 2025 (10.0× higher). Its low point was $9.69B in 2002.
- Kuwait: $30.35B in 1997, $157.21B in 2025 (5.2× higher). It peaked at $183.50B in 2022.
About this chart
At $152.12 billion, New Mexico output in 2025 was $2.41 billion below the economy of Slovakia. Its closest displayed country comparison is Slovakia, at $154.53 billion in the same year. The state figure rose from $52.58 billion in 1997, a nominal change of 189.3%. The largest year-to-year dollar move in the displayed state series came in 2022, when output increased by $16.28 billion.
The comparison follows New Mexico alongside Slovakia, Uzbekistan and Kuwait from 1997 through 2025. These countries are the three closest eligible economies by final-year GDP, with complete annual data over the same interval. State figures come from the BEA all-industry GDP series and country figures from the World Bank. Values are in current US dollars, so inflation and exchange-rate movements affect the comparison. Total output is not household income, a living-standard ranking or GDP per person.
The data
Source: U.S. Bureau of Economic Analysis, SAGDP2 all-industry state GDP; World Bank WDI NY.GDP.MKTP.CD for countries; current US$ 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.
| Date | New Mexico | Slovakia | Uzbekistan | Kuwait |
|---|---|---|---|---|
| 1997 | $52.58B | $22.03B | $14.75B | $30.35B |
| 1998 | $50.57B | $22.91B | $14.99B | $25.94B |
| 1999 | $52.80B | $20.81B | $17.08B | $30.12B |
| 2000 | $55.00B | $20.63B | $13.76B | $37.72B |
| 2001 | $55.66B | $21.38B | $11.40B | $34.89B |
| 2002 | $57.72B | $24.77B | $9.69B | $38.14B |
| 2003 | $62.87B | $33.76B | $10.13B | $47.88B |
| 2004 | $70.59B | $42.96B | $12.03B | $59.44B |
| 2005 | $74.13B | $48.82B | $14.31B | $80.80B |
| 2006 | $78.01B | $57.11B | $17.33B | $101.56B |
| 2007 | $81.10B | $77.02B | $22.31B | $114.63B |
| 2008 | $84.34B | $96.69B | $29.55B | $147.38B |
| 2009 | $82.64B | $89.34B | $33.69B | $105.97B |
| 2010 | $84.86B | $91.11B | $55.54B | $115.42B |
| 2011 | $87.06B | $99.71B | $67.41B | $154.04B |
| 2012 | $87.68B | $94.72B | $75.32B | $174.05B |
| 2013 | $88.77B | $99.13B | $82.67B | $174.17B |
| 2014 | $92.52B | $101.71B | $91.30B | $162.65B |
| 2015 | $90.78B | $89.18B | $97.57B | $114.59B |
| 2016 | $90.48B | $90.35B | $97.87B | $109.41B |
| 2017 | $93.21B | $95.98B | $72.28B | $120.69B |
| 2018 | $98.84B | $106.61B | $61.32B | $138.65B |
| 2019 | $103.82B | $105.84B | $70.17B | $140.86B |
| 2020 | $100.89B | $107.73B | $70.13B | $111.05B |
| 2021 | $112.93B | $120.51B | $81.17B | $148.35B |
| 2022 | $129.21B | $115.79B | $94.29B | $183.50B |
| 2023 | $138.94B | $133.58B | $107.53B | $165.46B |
| 2024 | $147.20B | $140.93B | $121.36B | $160.90B |
| 2025 | $152.12B | $154.53B | $147.04B | $157.21B |
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Frequently asked questions
What is the GDP of New Mexico?
New Mexico GDP was $152.12 billion in 2025, in current US dollars according to the BEA all-industry series. It ranked 37 among the 50 states.
Which country has an economy close in size to New Mexico?
Among the displayed same-year comparisons, Slovakia is closest: $154.53 billion versus $152.12 billion for New Mexico in 2025. Countries are selected by total GDP and complete annual coverage, not by similarity in population or economic structure.
Are these GDP figures adjusted for inflation?
No. Both the BEA state figures and World Bank country figures are nominal GDP in current US dollars. The 189.3% change since 1997 is therefore not a measure of inflation-adjusted growth.
Where does this data come from?
U.S. Bureau of Economic Analysis, SAGDP2 all-industry state GDP; World Bank WDI NY.GDP.MKTP.CD for countries; current US$ 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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