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How Nye County, Nevada’s GDP has changed since 2018
Nye County’s GDP was $2 billion in 2022—the #7 highest out of 17 counties in the state. Nevada’s overall GDP was $223 billion for the year, with Nye County’s making up 1.0% of it.
Nye County’s GDP grew about 11% from 2018 to 2022, adjusted for inflation, while the state’s GDP grew about 11%.
Gross domestic product is the dollar amount that measures how many goods and services businesses created in a given time period. It’s measured quarterly but also often talked about in annual terms.
It’s of particular importance to world leaders and economists because a declining measurement for two consecutive quarters can mean that the country is in a recession—a significant decline in overall economic activity that creates pain for workers.
But it can be difficult to wrap our heads around how much our immediate communities contribute to that larger national picture and what kinds of work drive economic advancement for the places we live. That’s why Stacker used data from the Bureau of Economic Analysis to illustrate how the GDP in Nye County has changed in the past five years.