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U.S. real GDP of Hawaii 2000-2024 – Statista

Source link : https://usa-news.biz/2025/10/07/hawaii/u-s-real-gdp-of-hawaii-2000-2024-statista/

Hawaii’s Economic Landscape: A Review of Real GDP from 2000 to 2024

As the world grapples with the aftereffects of economic turbulence and a global pandemic, Hawaii’s economy presents a unique case study. With its stunning landscapes and vibrant culture drawing millions of tourists each year,the state’s economic performance—measured in real Gross Domestic Product (GDP)—offers insights into the resilience and challenges faced by local industries. This article delves into the trends, fluctuations, and projected growth of Hawaii’s real GDP based on extensive data from Statista spanning from 2000 to 2024. By examining the factors influencing economic shifts, from tourism to agriculture, we aim to provide a clearer picture of how the Aloha State navigates the currents of a dynamic economy, setting the stage for both current and future developments.

Over the past two decades, Hawaii’s real GDP has displayed significant fluctuations, influenced primarily by tourism, agriculture, and natural disasters. In the early 2000s, Hawaii witnessed a steady growth in its economy, driven by a robust surge in visitor arrivals and increased investments in infrastructure.Though, the 2007-2008 financial crisis took a toll, leading to a noticeable decline in GDP, as the tourism sector experienced sharp contractions due to reduced travel spending. As recovery began in the following years,factors such as technological advancements…

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Author : Atticus Reed

Publish date : 2025-10-08 03:12:00

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