In 2012 Ohio had a per capita personal income
(PCPI) of
$39,289.
This PCPI was
92 percent of the national average,
$42,693.
The 2012 PCPI
reflected an increase of
3.8 percent
from 2011.
The 2011-2012
national change was
2.7 percent.
In 2002 the PCPI of Ohio
was $29,849.
The 2002-2012 compound annual growth rate of PCPI
was 2.8 percent.
The compound annual growth rate
for the nation was 3.1 percent.
Per Capita Personal Income, 2012
Per Capita Income as a Percent of the United States
TOTAL PERSONAL INCOME
CAGR: compound annual growth rate
2011-12 percent change
2002-2012 CAGR
Ohio
3.8 %
2.9 %
U.S.
3.5 %
4.0 %
In 2012 Ohio had a total personal income
(TPI) of
$453,556,274*.
In 2002 the TPI of Ohio
was $340,514,125*.
*Note: Total personal income estimates
are in thousands of dollars, not adjusted for inflation.
COMPONENTS OF TOTAL PERSONAL INCOME
Total personal income includes
net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by
the residents of
Ohio.
Percent Contribution to Total Personal Income
Ohio
United States
2002
2012
Net earnings by place of residence
Dividends, interest, and rent
Personal current transfer receipts
2011-2012 percent change
Ohio
U.S.
Net earnings
3.6 %
3.3 %
Dividends, interest, and rent
5.9 %
5.5 %
Personal current transfer receipts
3.3 %
2.4 %
2002-2012 compound annual growth rate
Ohio
U.S.
Net earnings
2.4 %
3.5 %
Dividends, interest, and rent
1.3 %
3.8 %
Personal current transfer receipts
6.0 %
6.4 %
GROSS DOMESTIC PRODUCT (GDP) BY STATE
In 2011, Ohio
current-dollar GDP was $484.0 billion
and ranked 8th in the United States.
In 2001, Ohio
GDP was $382.7 billion
and ranked 7th in the United States.
In 2011, Ohio real GDP
grew 1.1 percent;
the 2010-2011 national change was 1.5 percent.
The 2001-2011 compound annual growth rate for Ohio
real GDP was 0.0 percent;
the compound annual growth rate for the nation was
1.4 percent.
GDP BY STATE FOR INDUSTRIES
In 2011, the largest industry in Ohio
was government. This industry accounted for
11.5 percent of
Ohio
GDP
and
had a 1.2 percent real decline.
The second largest industry was real estate and rental and leasing, which accounted for
10.3 percent of
Ohio
GDP
and
had a 0.7 percent real decline.
The largest contributor to real GDP growth in Ohio was durable goods manufacturing. This industry accounted for
0.42 percentage point
of the total growth in real GDP.
The second largest contributor was professional, scientific, and technical services. This industry accounted for
0.30 percentage point
of the total growth in real GDP.*
*Note: The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because growing and declining industries offset one another.
Top Five State Industries as a percent of Total GDP, 2011