Maryland · individual fact

Maryland real gross domestic product

Maryland’s inflation-adjusted economic output, annual growth, industry structure, and employment context.

Real GDP$437.37B2025 · #18 of 50 · highest first
Annual real GDP growth0.8%2025 · #46 of 50 · highest first
Current-dollar GDP$567.02B2025 · #18 of 50 · highest first

Maryland over time

Explore Maryland readings, major events and reviewed actions on the same date scale. Maryland officeholders appear in separate lanes. National event evidence describes national context; it does not measure a Maryland effect.

Major events & context · A curated selection, including uncertain effects. Milestone dates do not establish that an event caused a Maryland change.

Enacted / issuedDid not proceedPending / in progressStatus unclear

Colors show the latest recorded status. Passing one chamber is not enactment. A number groups actions with the same date, body and status.

Real GDP Maryland · source units
MarylandPublished U.S. benchmark

Move across the chart to inspect the nearest observation. Click or tap to keep a reading selected, or focus the chart and use the arrow keys. Hover over or focus a marker to explore; click or tap to pin. Press Escape to clear.

Real GDP2025: $437.37B$0$13.39T$26.77TMaryland, 2014: $370.34BMaryland, 2015: $378.75BMaryland, 2016: $391.95BMaryland, 2017: $399.71BMaryland, 2018: $402.47BMaryland, 2019: $402.49BMaryland, 2020: $388.73BMaryland, 2021: $408.16BMaryland, 2022: $415.01BMaryland, 2023: $419.66BMaryland, 2024: $433.87BMaryland, 2025: $437.37B201420192025
✦ Major events & context · 31National context · Hurricanes Katrina and Rita · 2005-08-29Katrina and RitaNational context · Great Financial Crisis and Great Recession · 2008-09-15Great Financial CrisisNational context · Federal Reserve moves rates close to zero · 2008-12-16Fed near-zero ratesNational context · American Recovery and Reinvestment Act · 2009-02-17Recovery ActNational context · Japan disaster disrupts U.S. auto production · 2011-05-17Japan / auto supplyNational context · Midwest drought reduces farm output · 2012-09-27Drought / farm outputNational context · Automatic federal spending cuts begin · 2013-03-01Federal spending cutsNational context · 2013 federal government shutdown · 2013-10-012013 shutdownNational context · Oil-price decline cuts drilling investment · 2015-02-24Oil investment downturnNational context · Hurricanes Harvey and Irma disrupt activity · 2017-08-25Harvey and IrmaNational context · 2017 Tax Cuts and Jobs Act · 2017-12-222017 tax lawNational context · U.S.–China tariff escalation · 2018-07-06U.S.–China tariffsNational context · 2018–19 federal government shutdown · 2018-12-222018–19 shutdownNational context · Federal Reserve begins 2019 rate cuts · 2019-07-312019 Fed rate cutsNational context · COVID-19 pandemic · 2020-03-11COVID-19 pandemicNational context · Emergency rate cuts and asset purchases · 2020-03-15Fed emergency supportNational context · CARES Act pandemic relief · 2020-03-27CARES Act reliefNational context · American Rescue Plan · 2021-03-11American Rescue PlanNational context · Reopening recovery meets supply bottlenecks · 2021-07-09Reopening / shortagesNational context · Infrastructure Investment and Jobs Act · 2021-11-15Infrastructure lawNational context · Russia’s full-scale invasion of Ukraine · 2022-02-24Russia invades UkraineNational context · Federal Reserve begins 2022 rate increases · 2022-03-16Fed rate increasesNational context · Semiconductor and energy investment incentives · 2022-08-16CHIPS / energy incentivesNational context · Banking stress and credit conditions · 2023-03-22Banking / credit stressNational context · Federal Reserve begins 2024 rate cuts · 2024-09-182024 Fed rate cutsNational context · Broad U.S. tariffs and volatile trade flows · 2025-04-02Tariffs / trade timingNational context · 2025 tax and spending reconciliation law · 2025-07-042025 tax / spending lawNational context · 2025 shutdown reduces federal services · 2025-10-012025 shutdownNational context · Iran conflict and Strait of Hormuz disruption · 2026-02-28Iran / Hormuz disruptionMaryland · Maryland establishes a workforce-training pilot for new businesses · 2026-05-12Maryland workforce pilotMaryland · Maryland approves housing and economic-development rules near rail transit · 2026-05-26Maryland transit housing● Maryland Legislature · 1● U.S. Congress · Maryland delegation · 0No reviewed actions match these filters.◆ Governor · 3■ Maryland agencies · 32005-08-012026-05-31

7 of 7 reviewed Maryland actions match · 7 date markers shown. 31 major events shown separately.

Maryland · 2025: $437.37B · Rank #18 of 50, highest first · U.S. benchmark: $23.94T

Total value added produced in the state in millions of chained 2017 dollars. Annual estimates; the downloaded BEA snapshot is retained with a source hash. Revisions can change historical values and ranks. Annual observations use December 31; monthly observations use the first of the month. Lines connect consecutive readings and do not supply values between them. Missing observations break the lines.

View observations and export data
Maryland Real GDP · source units
PeriodMarylandRankU.S. benchmark
2025$437.37B#18 of 50$23.94T
2024$433.87B#18 of 50$23.39T
2023$419.66B#18 of 50$22.72T
2022$415.01B#16 of 50$22.08T
2021$408.16B#15 of 50$21.56T
2020$388.73B#15 of 50$20.28T
2019$402.49B#15 of 50$20.72T
2018$402.47B#15 of 50$20.19T
2017$399.71B#15 of 50$19.61T
2016$391.95B#15 of 50$19.14T
2015$378.75B#15 of 50$18.8T
2014$370.34B#15 of 50$18.26T
How major events are selected

The timeline combines the corresponding national fact’s reviewed event catalog, labeled National context, with individually reviewed state milestones. State events use primary sources and distinguish signing, effective and filing dates. Each milestone keeps its source-check date, geographical limits and evidence limits. This curated selection is not a complete history.

Date ranges affect events and actions. Action type, status and official-name search affect government records only. Events remain separate from action counts. An event after the latest observation extends context without creating a new reading.

Maryland · state comparison

Maryland output and growth

Annual real GDP removes price changes. Annual growth compares annual levels; it is separate from an annualized quarterly growth rate.

Maryland · 2025$437.37B
Maryland rank#18among all 50 states
U.S. benchmark$23.94TSame measure and period when published

#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.

Real GDP

Total value added produced in the state in millions of chained 2017 dollars.

Annual estimates; the downloaded BEA snapshot is retained with a source hash. Revisions can change historical values and ranks.

Hover to inspect. Click or tap to compare that period with every state. Focus the graph and use arrow keys, Home or End to select a period. Press Escape to return to the latest period.

Maryland
Real GDP history in Maryland$-3.17T$12.16T$27.48T20142025
2025 · Maryland: $437.37B · Rank #18 of 50, highest first · U.S. benchmark: $23.94T · Selected for state comparison
View history and select a period
Maryland Real GDP history
PeriodMarylandCompare
2014$370.34B
2015$378.75B
2016$391.95B
2017$399.71B
2018$402.47B
2019$402.49B
2020$388.73B
2021$408.16B
2022$415.01B
2023$419.66B
2024$433.87B
2025$437.37B

Compare states on the graph

Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Maryland stays highlighted. Values use the same measure and period.

Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Maryland has a dark outline.

Lower value · $38.06BHigher value · $3.43TStriped: unavailable

Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.

Maryland · $437.37B2025 · Rank #18 of 50, highest firstSelected state

50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.

Compare Maryland with every state · 50 ranked
Real GDP · 2025 · highest value ranked #1
RankStateValueComparison notes
#1California$3.43T—
#2Texas$2.33T—
#3New York$1.89T—
#4Florida$1.38T—
#5Illinois$948.03B—
#6Pennsylvania$815.87B—
#7Ohio$738.49B—
#8Georgia$719.74B—
#9Washington$715.88B—
#10New Jersey$688.76B—
#11North Carolina$682.83B—
#12Massachusetts$640.79B—
#13Virginia$631.98B—
#14Michigan$575.4B—
#15Colorado$452.78B—
#16Arizona$451.49B—
#17Tennessee$447.66B—
#18Maryland · your comparison$437.37B—
#19Indiana$422.47B—
#20Minnesota$392.31B—
#21Wisconsin$363.84B—
#22Missouri$362.46B—
#23Connecticut$297.35B—
#24South Carolina$287.16B—
#25Oregon$264.75B—
#26Louisiana$263.89B—
#27Alabama$259.46B—
#28Utah$243.04B—
#29Kentucky$239.51B—
#30Oklahoma$216.31B—
#31Nevada$210.1B—
#32Iowa$204.86B—
#33Kansas$178.51B—
#34Nebraska$156.61B—
#35Arkansas$147.93B—
#36Mississippi$123.37B—
#37New Mexico$122.58B—
#38Idaho$103.62B—
#39New Hampshire$99.06B—
#40Hawaii$93.38B—
#41Delaware$89.92B—
#42West Virginia$84.94B—
#43Maine$77.23B—
#44Rhode Island$67.25B—
#45North Dakota$65.27B—
#46Montana$61.08B—
#47South Dakota$59.87B—
#48Alaska$56.34B—
#49Wyoming$40.16B—
#50Vermont$38.06B—

All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.

Maryland · state comparison

What makes up Maryland GDP?

Choose an industry to compare Maryland’s output with every state. Nominal industry values can be added within a year.

Maryland · 2025$1.31B
Maryland rank#37among all 50 states
U.S. benchmark$255.93BSame measure and period when published

#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.

Agriculture, forestry, fishing and hunting · output

Industry value added, current dollars. The broad industries listed form an exhaustive partition of total GDP.

A large industry output rank can reflect the size of the state. Chained-dollar components should not be added.

Hover to inspect. Click or tap to compare that period with every state. Focus the graph and use arrow keys, Home or End to select a period. Press Escape to return to the latest period.

Maryland
Agriculture, forestry, fishing and hunting · output history in Maryland$-43.24B$147.08B$337.39B20142025
2025 · Maryland: $1.31B · Rank #37 of 50, highest first · U.S. benchmark: $255.93B · Selected for state comparison
View history and select a period
Maryland Agriculture, forestry, fishing and hunting · output history
PeriodMarylandCompare
2014$1.11B
2015$963.8M
2016$883.2M
2017$1.06B
2018$921M
2019$993.3M
2020$680.5M
2021$1.27B
2022$1.96B
2023$1.28B
2024$1.11B
2025$1.31B

Compare states on the graph

Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Maryland stays highlighted. Values use the same measure and period.

Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Maryland has a dark outline.

Lower value · $164.2MHigher value · $50.67BStriped: unavailable

Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.

Maryland · $1.31B2025 · Rank #37 of 50, highest firstSelected state

50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.

Compare Maryland with every state · 50 ranked
Agriculture, forestry, fishing and hunting · output · 2025 · highest value ranked #1
RankStateValueComparison notes
#1California$50.67B—
#2Texas$16.95B—
#3Iowa$14.1B—
#4Nebraska$10.6B—
#5Illinois$9.52B—
#6Florida$8.33B—
#7Washington$8.05B—
#8Minnesota$8.01B—
#9Indiana$7.13B—
#10South Dakota$7.08B—
#11Kansas$7.02B—
#12Ohio$7B—
#13Wisconsin$6.58B—
#14Oregon$6.18B—
#15Michigan$6.02B—
#16Missouri$5.71B—
#17North Carolina$5.55B—
#18Idaho$5.41B—
#19Pennsylvania$4.97B—
#20North Dakota$4.71B—
#21Georgia$4.53B—
#22Oklahoma$4.26B—
#23Arkansas$4.13B—
#24Kentucky$3.75B—
#25New York$3.55B—
#26Alabama$3.29B—
#27Mississippi$2.99B—
#28Colorado$2.98B—
#29Arizona$2.85B—
#30Montana$2.49B—
#31Louisiana$2.42B—
#32Virginia$2.37B—
#33Tennessee$2.01B—
#34New Mexico$1.7B—
#35South Carolina$1.63B—
#36Utah$1.59B—
#37Maryland · your comparison$1.31B—
#38New Jersey$1.27B—
#39Maine$1.2B—
#40Wyoming$888.5M—
#41Massachusetts$869.6M—
#42Delaware$741.1M—
#43West Virginia$561.8M—
#44Hawaii$553.9M—
#45Nevada$551.2M—
#46Vermont$536.1M—
#47Alaska$488.1M—
#48Connecticut$341.8M—
#49New Hampshire$320.1M—
#50Rhode Island$164.2M—

All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.

Maryland · state comparison

Does growth translate into more work?

BEA’s total employment counts jobs, including proprietors, rather than distinct people.

Maryland · 20254,009,451
Maryland rank#19among all 50 states
U.S. benchmark218,324,700Same measure and period when published

#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.

Total employment · jobs

BEA annual total full-time and part-time employment, including proprietors. One person can hold multiple jobs.

Separate from residence-based civilian employment in BLS LAUS and from nonfarm payroll employment.

Hover to inspect. Click or tap to compare that period with every state. Focus the graph and use arrow keys, Home or End to select a period. Press Escape to return to the latest period.

Maryland
Total employment · jobs history in Maryland-28,680,034110,931,338250,542,70920142025
2025 · Maryland: 4,009,451 · Rank #19 of 50, highest first · U.S. benchmark: 218,324,700 · Selected for state comparison
View history and select a period
Maryland Total employment · jobs history
PeriodMarylandCompare
20143,537,975
20153,603,200
20163,659,450
20173,697,354
20183,753,651
20193,745,469
20203,623,023
20213,751,682
20223,870,937
20233,939,733
20244,019,183
20254,009,451

Compare states on the graph

Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Maryland stays highlighted. Values use the same measure and period.

Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Maryland has a dark outline.

Lower value · 439,349Higher value · 25,407,891Striped: unavailable

Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.

Maryland · 4,009,4512025 · Rank #19 of 50, highest firstSelected state

50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.

Compare Maryland with every state · 50 ranked
Total employment · jobs · 2025 · highest value ranked #1
RankStateValueComparison notes
#1California25,407,891—
#2Texas20,639,097—
#3Florida15,174,955—
#4New York13,498,360—
#5Illinois8,197,037—
#6Pennsylvania8,150,272—
#7Ohio7,394,537—
#8Georgia7,184,433—
#9North Carolina6,864,520—
#10New Jersey6,095,348—
#11Michigan5,946,187—
#12Virginia5,789,397—
#13Massachusetts5,020,627—
#14Washington4,879,224—
#15Tennessee4,633,711—
#16Arizona4,455,141—
#17Colorado4,231,488—
#18Indiana4,213,622—
#19Maryland · your comparison4,009,451—
#20Missouri3,998,549—
#21Minnesota3,914,167—
#22Wisconsin3,855,203—
#23South Carolina3,245,739—
#24Alabama2,966,686—
#25Louisiana2,831,737—
#26Kentucky2,718,290—
#27Oregon2,671,758—
#28Oklahoma2,466,719—
#29Utah2,458,247—
#30Connecticut2,424,541—
#31Nevada2,163,825—
#32Iowa2,122,389—
#33Kansas2,007,083—
#34Arkansas1,811,561—
#35Mississippi1,713,294—
#36Nebraska1,410,465—
#37Idaho1,238,642—
#38New Mexico1,183,906—
#39New Hampshire942,254—
#40Hawaii925,451—
#41West Virginia910,570—
#42Maine898,379—
#43Montana761,061—
#44Rhode Island690,505—
#45Delaware678,218—
#46South Dakota665,420—
#47North Dakota605,276—
#48Alaska472,008—
#49Wyoming451,906—
#50Vermont439,349—

All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.

What candidates are saying

Explore statements about GDP, economic growth and production from FactVote’s Maryland candidate profiles. Compare candidates within each recorded race, with each person’s matching statements kept together. These are candidate and campaign statements, not verified outcomes.

3 statements from 2 candidates

2026 Maryland U.S. House — District 1 — General Election

1 candidate with matching statements · 1 statement

Dan Schwartz

1 statement

Democratic · U.S. House District 1 · MD

Economic growth & production context

Cutting waste, fraud, and unnecessary bureaucracy is crucial to achieving economic development. However, protecting Americans from collateral damage is non-negotiable.

Read exact statement & source

Source topic or question: Economy, jobs, taxes, and affordability

Candidate campaign source

Cutting waste, fraud, and unnecessary bureaucracy is crucial to achieving economic development. However, protecting Americans from collateral damage is non-negotiable.

Statement date not recorded · Profile reviewed Sep 15, 2026

Dan Schwartz — candidate-owned primary source 2 ↗

2026 Maryland U.S. House — District 5 — General Election

1 candidate with matching statements · 2 statements

Chris Chaffee

2 statements

Republican · U.S. House District 5 · MD

Economic growth & production context

I will fight for policies that make Maryland safer and more affordable, to support economic growth. This includes Presidents Trumps economic plan, it is moving America in the right economic direction. I will put the interests of hardworking Americans first. Putting America first includes funding for…

Read exact statement & source

Source topic or question: Economy, jobs, taxes, and affordability

Candidate campaign source

I will fight for policies that make Maryland safer and more affordable, to support economic growth. This includes Presidents Trumps economic plan, it is moving America in the right economic direction. I will put the interests of hardworking Americans first. Putting America first includes funding for DOD, keeping our military bases funded, and leading by strength.

Statement date not recorded · Profile reviewed Sep 17, 2026

Chris Chaffee — candidate-owned primary source ↗
View 1 more statement from Chris Chaffee
Economic growth & production context

Make Maryland More Affordable and Grow the Economy

Read exact statement & source

Source topic or question: America First Priorities

Candidate campaign source

Make Maryland More Affordable and Grow the Economy

Statement date not recorded · Profile reviewed Sep 17, 2026

Chris Chaffee — Campaign Website ↗
How statements are selected

This section matches specific GDP, economic growth and production terms in retained, attributed source text from published Maryland candidate profiles. A profile heading or biography alone does not qualify. The Florida geography is fixed; saved state preferences cannot change these results. A mention can concern a community or group rather than Florida’s statewide measure.

Matching is automatic and does not establish a candidate’s stance, the accuracy of a claim, or an effect on the measured result. Results are grouped by recorded race, then by candidate name. Within each candidate, the matching issue mentions appear first. Only candidates with matching retained statements are shown; this is not a complete race roster. Repeated identical text for the same candidate is shown once. Coverage follows the existing state profiles and is not a complete record of all candidates or everything they have said. Review dates are not statement dates.

Maryland incumbents

What incumbents are proposing

Explore reviewed bills sponsored by current Maryland legislators and Maryland’s congressional delegation, plus retained proposals from Maryland’s governor and agencies. Each record keeps its latest recorded status and official evidence.

1 matching sponsorship or proposal · 1 Maryland incumbent. These filters apply only to this section.

Del. Matthew J. Schindler

Maryland House of Delegates, District 2B · D–MD

1 proposal
View proposals from Del. Matthew J. Schindler
Maryland Legislature · HB 942

Economic Development - Tax Increment Financing - Noncontiguous Areas

Mar 24, 2025 · Did not pass

Del. Matthew J. Schindler · Sponsored

FactVote reviewed summary

Authorizing the designation of certain noncontiguous areas as development districts; and requiring the governing body of a political subdivision to limit redevelopment of noncontiguous parcels within a development district for affordable housing that is deed restricted to households whose household income does not exceed 80% of area median income.

The measure did not pass in its completed 2025RS session. Final recorded action: 2025-03-24, Hearing 3/27 at 1:00 p.m..

Why this record is included

Gross rent includes contract rent and tenant-paid utilities. Rental protections, assistance, and housing supply concern components of rental-market conditions; they do not set Maryland’s median rent. This relationship does not establish causation. Actions after the fact’s measurement period cannot explain its earlier value.

Retained Maryland evidence context: Median gross rent. This record’s connection to the topic does not establish an effect on the measured result.

Authorizing the designation of certain noncontiguous areas as development districts; and requiring the governing body of a political subdivision to limit redevelopment of noncontiguous parcels within a development district for affordable housing that is deed restricted to households whose household income does not exceed 80% of area median income.
Review official supporting evidence ↗
What sponsorship and proposal counts tell us

Only current Maryland officeholders retained in the reviewed collection qualify. Bills require a recorded primary sponsorship; cosponsors and signing officials are excluded from sponsorship counts. An official introducer recorded as acting by request is labeled “Introduced by request”; that procedural role does not establish personal policy endorsement. Governor and agency records qualify when recorded as proposed. A separately verified governor transmittal can also establish an original proposal whose latest status reflects its later outcome. Signing an enacted law alone does not establish a proposal. A record appearing under several facts is counted once per officeholder. A bill with multiple primary sponsors appears under each recorded sponsor.

Enacted bills, adopted resolutions and unsuccessful measures remain visible as proposal history. Passing one chamber is not enactment. These counts do not measure effectiveness or prove that an action changed a Maryland statistic. Collection reviewed Oct 5, 2026.