Real GDP: Real GDP by state: Insurance carriers and related activities (524) — Michigan (chained 2017 USD mn)
AnnualNot seasonally adjustedCode US-MI.GDP.A.NSA.IND-BEA54
Real GDP: Real GDP by state: Insurance carriers and related activities (524) — Michigan (chained 2017 USD mn) was 14,952 chained 2017 USD mn in 2025, up 9.0% from 2024.
That is the highest reading since 2023.
Over the past ten years it has ranged from 13,383 chained 2017 USD mn (2017) to 16,223 chained 2017 USD mn (2015), averaging 14,618 chained 2017 USD mn.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value |
|---|---|
| 2025 | 14,952 chained 2017 USD mn |
| 2024 | 13,711 chained 2017 USD mn |
| 2023 | 16,008 chained 2017 USD mn |
| 2022 | 15,096 chained 2017 USD mn |
| 2021 | 13,875 chained 2017 USD mn |
| 2020 | 13,678 chained 2017 USD mn |
| 2019 | 14,562 chained 2017 USD mn |
| 2018 | 13,396 chained 2017 USD mn |
| 2017 | 13,383 chained 2017 USD mn |
| 2016 | 15,916 chained 2017 USD mn |
| 2015 | 16,223 chained 2017 USD mn |
| 2014 | 13,168 chained 2017 USD mn |
| 2013 | 10,520 chained 2017 USD mn |
| 2012 | 11,975 chained 2017 USD mn |
| 2011 | 11,828 chained 2017 USD mn |
| 2010 | 12,672 chained 2017 USD mn |
| 2009 | 12,982 chained 2017 USD mn |
| 2008 | 10,413 chained 2017 USD mn |
| 2007 | 15,918 chained 2017 USD mn |
| 2006 | 16,246 chained 2017 USD mn |
| 2005 | 13,902 chained 2017 USD mn |
| 2004 | 11,532 chained 2017 USD mn |
| 2003 | 9,340.3 chained 2017 USD mn |
| 2002 | 8,882.2 chained 2017 USD mn |
Last 24 observations. The full history (29 observations) is available through the API.
One guessable code, agency-direct, updated on release. Free tier available.
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
"https://makrognosis.robomacro.com/v1/series/US-MI.GDP.A.NSA.IND-BEA54"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-MI.GDP.A.NSA.IND-BEA54",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docsAbout this series
| Latest observation | 2025 |
|---|---|
| First observation | 1997 |
| Observations | 29 |
| Frequency | Annual |
| Units | chained 2017 USD mn |
| Adjustment | Not seasonally adjusted |
| 10-year high | 16,223 chained 2017 USD mn (2015) |
| 10-year low | 13,383 chained 2017 USD mn (2017) |
| 10-year average | 14,618 chained 2017 USD mn |
| Source agency | U.S. Bureau of Economic Analysis (Regional Economic Accounts) |
| Makrognosis code | US-MI.GDP.A.NSA.IND-BEA54 |
This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.
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FAQ
- Where does this data come from?
- It is collected directly from U.S. Bureau of Economic Analysis (Regional Economic Accounts) and is available through the Makrognosis API under the code US-MI.GDP.A.NSA.IND-BEA54.
Last updated 2026-10-18. Source: U.S. Bureau of Economic Analysis (Regional Economic Accounts). Original title: “Real GDP: Real GDP by state: Insurance carriers and related activities (524) — Michigan (chained 2017 USD mn)”.