Compare Minnesota to: United States Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Total Gross State Product (GSP) (millions of current dollars), 2008
	MN $	US $
	$262,847	$14,165,565

(show/hide notes)

Sources:

Regional Economic Accounts, U.S. Bureau of Economic Analysis, released June 2, 2009, available at http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm.

Definitions:

GSP: Gross State Product is a measurement of a state's output; it is the sum of value added from all industries in the state. GSP is the state counterpart to the Nation's gross domestic product (GDP). GDP is the market value of goods and services produced by labor and property in the United States, regardless of nationality. Current dollar GSP components are compensation of employees, taxes on production and imports, and gross-operating surplus.

Help