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Skip Navigation LinksChoose Maryland > Facts & Stats

economy

Gross Domestic Product

Maryland had Gross Domestic Product (GDP) of $342.4 billion in 2013, ranking 15th among states. Please note that data for all industries is available for 2012, but data for government sectors is not yet available for 2013. 

                                        Maryland Gross Domestic Product

Industry

2012 GDP ($M)

Percent of Total

2013 GDP ($M)

Percent of Total

Total

336,481

100.0%

342,382

100.0%

Private

265,329

78.9%

270,561

79.0%

  Agriculture, Forestry, Fishing

1,114

0.3%

1,564

0.5%

  Mining

317

0.1%

242

0.1%

  Utilities

6,029

1.8%

5,820

1.7%

  Construction

14,548

4.3%

14,999

4.4%

  Manufacturing

20,033

6.0%

19,885

5.8%

    Durable Goods

8,285

2.5%

8,260

2.4%

    Nondurable Goods

11,748

3.5%

11,626

3.4%

  Wholesale Trade

14,791

4.4%

14,985

4.4%

  Retail Trade

17,537

5.2%

17,800

5.2%

  Transportation and Warehousing

6,788

2.0%

6,932

2.0%

  Information

17,555

5.2%

17,925

5.2%

  Finance and Insurance

16,400

4.9%

16,510

4.8%

  Real Estate

54,253

16.1%

55,388

16.2%

  Prof. and Technical  Services

34,033

10.1%

34,252

10.0%

  Management of Companies

3,628

1.1%

3,931

1.1%

  Administrative & Waste Services

10,124

3.0%

10,496

3.1%

  Educational Services

4,765

1.4%

4,718

1.4%

  Health Care and Social Assistance

24,645

7.3%

25,599

7.5%

  Arts, Entertainment & Recreation

2,651

0.8%

2,939

0.9%

  Accommodation & Food Services

8,261

2.5%

8,605

2.5%

  Other Services

7,855

2.3%

7,971

2.3%

Government

71,152

21.1%

71,821

21.0%

   Federal Civilian

33,637

10.0%

N/A

N/A

   Federal Military

9,407

2.8%

N/A

N/A

   State and Local

28,107

8.4%

N/A

N/A

Note: Current dollars; 2012 data are revised.  N/A - Not Available.

Source: U.S. Bureau of Economic Analysis

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