Gross Domestic Product Per Capita in Arizona as a Percentage of the National Average
A reasonable target is for Arizona’s GDP per capita to be within 5 percent of the national average. This was the case from 1970 through 1974. From 1992 through 2007, Arizona’s figure was between 8-and-13 percent less than the national average. The differential widened to 20 percent in 2013 — the largest on record.
Arizona’s percentage of the U.S. average is cyclical, higher in economic expansions than in recessions. Since the most recent peak of 89.0 percent of the national average in 2006 and 2007, the percentage declined during the recession and has slipped further since then, to 79.7 percent in 2013.