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Vermont GDP compared with countries, 1997 to 2025

Vermont GDP was $49.66 billion in 2025, number 50 among states. Compare its economy with Turkmenistan and other country peers.

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What the data shows

  • Vermont: $15.44B in 1997, $49.66B in 2025 (3.2× higher).
  • Turkmenistan: $2.45B in 1997, $49.83B in 2025 (20× higher).
  • Paraguay: $9.97B in 1997, $49.28B in 2025 (4.9× higher). Its low point was $7.20B in 2002.
  • Bahrain: $7.22B in 1997, $48.97B in 2025 (6.8× higher). Its low point was $7.03B in 1998.

About this chart

At $49.66 billion, Vermont output in 2025 was $0.17 billion below the economy of Turkmenistan. Its closest displayed country comparison is Turkmenistan, at $49.83 billion in the same year. The state figure rose from $15.44 billion in 1997, a nominal change of 221.6%. The largest year-to-year dollar move in the displayed state series came in 2022, when output increased by $4.03 billion.

The comparison follows Vermont alongside Turkmenistan, Paraguay and Bahrain 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.

Vermont GDP compared with countries, GDP in current US$ billions, 1997 to 2025, 1997–2025
DateVermontTurkmenistanParaguayBahrain
1997$15.44B$2.45B$9.97B$7.22B
1998$16.20B$2.61B$9.26B$7.03B
1999$17.32B$2.45B$8.84B$7.53B
2000$18.49B$2.91B$8.86B$9.06B
2001$19.47B$3.54B$8.50B$8.98B
2002$20.38B$4.46B$7.20B$9.59B
2003$21.40B$5.98B$7.69B$11.08B
2004$22.99B$6.84B$9.62B$13.15B
2005$23.76B$8.10B$10.74B$15.97B
2006$24.51B$10.28B$13.43B$18.51B
2007$25.03B$12.66B$17.86B$21.73B
2008$26.14B$19.27B$24.62B$25.71B
2009$26.22B$20.21B$22.36B$22.94B
2010$27.48B$22.58B$27.26B$26.81B
2011$28.56B$29.23B$33.76B$29.92B
2012$29.33B$35.16B$33.27B$31.96B
2013$29.48B$39.20B$38.50B$33.82B
2014$30.36B$43.52B$40.38B$34.77B
2015$31.15B$35.80B$36.21B$32.52B
2016$31.84B$33.31B$36.09B$33.89B
2017$32.59B$33.35B$39.00B$37.21B
2018$33.48B$26.04B$40.23B$39.57B
2019$34.76B$29.70B$37.93B$40.45B
2020$34.69B$27.35B$35.43B$35.84B
2021$37.78B$26.33B$39.94B$40.84B
2022$41.81B$37.58B$41.84B$46.46B
2023$44.88B$39.02B$43.14B$46.19B
2024$47.33B$44.25B$44.74B$47.21B
2025$49.66B$49.83B$49.28B$48.97B

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Frequently asked questions

What is the GDP of Vermont?

Vermont GDP was $49.66 billion in 2025, in current US dollars according to the BEA all-industry series. It ranked 50 among the 50 states.

Which country has an economy close in size to Vermont?

Among the displayed same-year comparisons, Turkmenistan is closest: $49.83 billion versus $49.66 billion for Vermont 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 221.6% 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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