# Real GDP: Real GDP by state: Insurance carriers and related activities (524) — New Jersey (chained 2017 USD mn)

Real GDP: Real GDP by state: Insurance carriers and related activities (524) — New Jersey (chained 2017 USD mn) was 17,540 chained 2017 USD mn in 2025, down 19.2% from 2024.
That is the lowest reading since 2019.
Over the past ten years it has ranged from 17,527 chained 2017 USD mn (2019) to 21,713 chained 2017 USD mn (2024), averaging 19,202 chained 2017 USD mn.

- Source agency: U.S. Bureau of Economic Analysis (Regional Economic Accounts)
- Makrognosis code: `US-NJ.GDP.A.NSA.IND-BEA54`
- Frequency: annual
- Units: chained 2017 USD mn
- Coverage: 1997-01-01 to 2025-01-01 (29 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/real-gdp-real-gdp-by-state-insurance-carriers-and-related-activities-us-nj-gdp-a-nsa-ind-bea54

## Recent data

| Period | Value |
|---|---:|
| 2025 | 17,540 chained 2017 USD mn |
| 2024 | 21,713 chained 2017 USD mn |
| 2023 | 19,310 chained 2017 USD mn |
| 2022 | 21,636 chained 2017 USD mn |
| 2021 | 19,172 chained 2017 USD mn |
| 2020 | 19,526 chained 2017 USD mn |
| 2019 | 17,527 chained 2017 USD mn |
| 2018 | 18,764 chained 2017 USD mn |
| 2017 | 17,949 chained 2017 USD mn |
| 2016 | 18,888 chained 2017 USD mn |
| 2015 | 19,196 chained 2017 USD mn |
| 2014 | 15,767 chained 2017 USD mn |
| 2013 | 19,695 chained 2017 USD mn |
| 2012 | 21,033 chained 2017 USD mn |
| 2011 | 14,955 chained 2017 USD mn |
| 2010 | 14,020 chained 2017 USD mn |
| 2009 | 13,748 chained 2017 USD mn |
| 2008 | 16,413 chained 2017 USD mn |
| 2007 | 13,780 chained 2017 USD mn |
| 2006 | 16,112 chained 2017 USD mn |
| 2005 | 14,637 chained 2017 USD mn |
| 2004 | 11,750 chained 2017 USD mn |
| 2003 | 11,184 chained 2017 USD mn |
| 2002 | 12,640 chained 2017 USD mn |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US-NJ.GDP.A.NSA.IND-BEA54"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-NJ.GDP.A.NSA.IND-BEA54",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```