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Economy & jobs
Statistics · Region
Economic growth in Florida
2002 – 2024 · 23 data points
Updated Oct 22, 2026
Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024
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Overview
6 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
3 figures
Latest value · 2024
3.3%
First value · 2002
4.4%
vs United States
+0.5 pp
United States: 2.8% · 2024
Economic growth, 2002 – 2024 percent · Florida
3.3%
2024
Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024
Compared with Economic growth · percent
Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators
The series at a glance Florida · 2002 – 2024
Latest value
3.3% · 2024
First value
4.4% · 2002
Highest
9.3% · 2021
Lowest
-5.8% · 2009
Data points
23
By year
All years · 2002 – 2024
| Year | Florida | Change | United States | World |
|---|---|---|---|---|
| 2024 | 3.3% | 2.8% | 2.9% | |
| 2023 | 5.1% | 2.9% | 2.9% | |
| 2022 | 6.2% | 2.5% | 3.4% | |
| 2021 | 9.3% | 6.2% | 6.5% | |
| 2020 | -1.2% | -2.1% | -2.9% | |
| 2019 | 3.3% | 2.6% | 2.7% | |
| 2018 | 3.5% | 3.0% | 3.3% | |
| 2017 | 3.7% | 2.5% | 3.4% | |
| 2016 | 3.5% | 1.8% | 2.8% | |
| 2015 | 4.5% | 3.0% | 3.1% | |
| 2014 | 2.9% | 2.5% | 3.2% | |
| 2013 | 2.6% | 2.1% | 2.9% | |
| 2012 | 1.0% | 2.3% | 2.7% | |
| 2011 | -0.3% | 1.6% | 3.3% | |
| 2010 | 1.4% | 2.7% | 4.5% | |
| 2009 | -5.8% | -2.6% | -1.3% | |
| 2008 | -3.3% | 0.1% | 2.1% | |
| 2007 | 1.4% | 2.0% | 4.4% | |
| 2006 | 3.0% | 2.8% | 4.5% | |
| 2005 | 5.9% | 3.5% | 4.1% | |
| 2004 | 6.7% | 3.8% | 4.5% | |
| 2003 | 4.8% | 2.8% | 3.1% | |
| 2002 | 4.4% | 1.7% | 2.3% |
Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators, 2002 – 2024
What it means
How much the economy grew or shrank compared with the year before.
How it is calculated
Change in GDP at constant prices (inflation removed) from the previous year, in percent.
Economy & jobs
Florida in numbers
GDP per person
$73,879
2024
GDP per person (PPP)
$73,879
2024
Gross domestic product
$1.7T
2024
Inflation
2.9%
2024 · United States
Unemployment rate
3.9%
2025
Unemployment rate, latest month
4.6%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024
Labour force participation
59.8%
2024
Labour force
11M
2025
Household income per person
$64,167
2024
Median household income
$74,568
2024