218.97 billion U.S. dollars.
In 2020, the real Gross Domestic Product (GDP) of Oregon was 218.97 billion U.S. dollars. This is a decrease from the previous year, when the state’s real GDP stood at 225.34 billion U.S. dollars.
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What is Oregon’s economy based on?
Economy of Oregon. Traditionally, Oregon had a resource-oriented economy, strongly dependent upon its forests and farms. Through diversification, however, various new industries have been established, and tourism, recreation, and trade and service activities have grown.
What is the GDP per capita of Oregon?
Per capita real Gross Domestic Product of Oregon from 2000 to 2019 (in chained 2012 U.S. dollars)
| Characteristic | Per capita real GDP in chained 2012 U.S. dollars |
|---|---|
| 2019 | 52,726 |
| 2018 | 51,786 |
| 2017 | 50,349 |
| 2016 | 49,132 |
What is Oregon’s biggest industry?
During the 1990s and 2000s, Oregon has attempted to transition its economy from one based on natural resources to one based on a mix of manufacturing, services, and high technology. In the 1980s, hard times hit Oregon’s main resource sectors: timber, fishing, and agriculture.
Economy of Oregon.
| Statistics | |
|---|---|
| Expenses | $5,889 million |
What is the richest state by GDP?
Here are the 10 states with the highest GDP:
- California (3,120,386 million)
- Texas (1,772,132 million)
- New York (1,705,127 million)
- Florida (1,111,614 million)
- Illinois (875,671 million)
- Pennsylvania (788,500 million)
- Ohio (683,460 million)
- Washington (632,013 million)
What is Oregon’s main export?
computer & electronic products
The state’s largest manufacturing export category is computer & electronic products, which accounted for $7.5 billion of Oregon’s total goods exports in 2018.
What are 3 major industries in Oregon?
What Are The Biggest Industries In Oregon?
- The Economy Of Oregon. The economy of Oregon was based on natural resources (agriculture, fishing, and timber) until the 1980s when it was hit by hard times.
- Agriculture.
- Fishing And Forestry.
- Tourism.
- Manufacturing.
Which US state has highest GDP per capita?
Current
| National rank | Global rank | State or territory |
|---|---|---|
| 1 | 1 | District of Columbia |
| 2 | 2 | New York |
| 3 | 2 | Massachusetts |
| 4 | 3 | Connecticut |
Which state has the highest GNP?
California
The three U.S. states with the highest GDPs were California ($3.09 Trillion), Texas ($1.76 Trillion), and New York ($1.70 Trillion).
50 states and District of Columbia.
| State or district | California * | |
|---|---|---|
| Real GDP Growth Rate (annual) (Q4 2020 – Q2 2021) | 6.3% | |
| GDP per capita | 2021 | $83,213 |
| 2020 | $80,727 | |
| % of National | 2021 | 14.77% |
What is the GDP of Illinois?
$897.123 billion
Economy of Illinois
| Statistics | |
|---|---|
| GDP | $897.123 billion (2019) |
| GDP per capita | $70,797 (2019) |
| Population below poverty line | 11.5% |
| Gini coefficient | 0.469 |
Who is the largest employer in Oregon?
Ranked by Employment in Clackamas, Multnomah & Washington counties in Oregon & Clark County, Wash.
| Rank | Name / address / phone / URL |
|---|---|
| 1 | Intel 5200 N.E. Elam Young Pkwy. Hillsboro, OR 97124 503-696-8080 intel.com |
| 1 | Providence Health & Services 4400 N.E. Halsey St. #599 Portland, OR 97213 503-893-6500 providence.org |
Is Oregon’s economy good?
Oregon’s economy entered the 2019–2021 biennium with job growth that was faster than the nation, and unemployment rates that were at historic lows.In April, Oregon’s unemployment rate rose to 14.2%, and the state lost 253,400 nonfarm jobs.
What is Oregon’s largest crop?
Oregon lists top crops, sees switch at No. 1
- Hay, $661 million.
- Milk, $469 million.
- Grass seed, $436 million.
- Potatoes, $187 million.
- Wheat, $185 million.
- Pears, $181 million.
- Winegrapes, $143 million.
- Onions, $125 million.
What are the top 5 state economies?
Utah is the top state for economy. It’s followed by Colorado, Idaho, Washington and Massachusetts to round out the top five. Five of the 10 states with the strongest economies also rank among the top 10 Best States overall.
Is Texas economy bigger than Canada?
As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP, ahead of South Korea and Canada and behind Brazil. For 2019 Texas’s household income was $67,444 in ranking 26th in the nation.
How does Oregon make its money?
Oregon’s state and local governments receive revenue from numerous sources including federal transfer payments; tuition, hospital and other charges; Lottery revenue; and taxes. Of all these sources, half of total state revenue is from taxation.
What crops are grown in Oregon?
Oregon’s top agricultural products include: milk, nursery stock, hops, cattle and calves, berries, pears, potatoes, eggs, onions, peppermint, wine grapes, cherries, hay and sweet corn.
What items are manufactured in Oregon?
In Oregon, the leading manufactured products are electronic equipment including oscilloscopes, computer video display monitors, calculators, printer components, microprocessors and communication microchips.
What is the highest paying job in Oregon?
President & Chief Technology Officer
Detailed List Of Highest Paying Jobs In Oregon
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | President & Chief Technology Officer | $193,523 |
| 2 | Vice President, Product Management | $188,366 |
| 3 | Owner/operator | $181,860 |
| 4 | Vice President, Field Operations | $176,585 |
Which state has the best economy in the US?
Utah
State Economy Rankings
| Overall Rank | State | Total Score |
|---|---|---|
| 1 | Utah | 78.28 |
| 2 | Washington | 72.04 |
| 3 | California | 66.83 |
| 4 | Massachusetts | 65.74 |
What is the GDP of Colorado?
$382.5 billion
Economy of Colorado
| Statistics | |
|---|---|
| GDP | $382.5 billion (2020) |
| GDP per capita | $63776 |
| Population below poverty line | 13.7% |
| Gini coefficient | 0.453 |
