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Economy & jobs Statistics · Area

Economic growth in Hernando County

2002 – 2024 · 23 data points 17 of 67 · Regions of Florida Updated Oct 23, 2026

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024

Economic growth, 2002 – 2024 percent · Hernando County
 
 
2004 
 
 
 
2008 
 
 
 
2012 
 
 
 
2016 
 
 
 
2020 
 
 
 
5.5%
2024 

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2002 – 2024

Compared with Economic growth · percent
Hernando County
5.5%
Florida
3.3%
World
2.9% · 2025

Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators

The series at a glance Hernando County · 2002 – 2024
Latest value 5.5% · 2024
First value 8.8% · 2002
Highest 8.8% · 2002
Lowest -3.9% · 2009
Data points 23

By year

All years · 2002 – 2024

YearHernando CountyChange FloridaUnited StatesWorld
2024 5.5% 3.3% 2.8% 2.9%
2023 5.4% 5.1% 2.9% 2.9%
2022 7.6% 6.2% 2.5% 3.4%
2021 7.5% 9.3% 6.2% 6.5%
2020 1.6% -1.2% -2.1% -2.9%
2019 2.2% 3.3% 2.6% 2.7%
2018 5.0% 3.5% 3.0% 3.3%
2017 2.4% 3.7% 2.5% 3.4%
2016 2.2% 3.5% 1.8% 2.8%
2015 3.4% 4.5% 3.0% 3.1%
2014 1.6% 2.9% 2.5% 3.2%
2013 0.5% 2.6% 2.1% 2.9%
2012 4.5% 1.0% 2.3% 2.7%
2011 -2.0% -0.3% 1.6% 3.3%
2010 -1.8% 1.4% 2.7% 4.5%
2009 -3.9% -5.8% -2.6% -1.3%
2008 -2.5% -3.3% 0.1% 2.1%
2007 1.1% 1.4% 2.0% 4.4%
2006 1.6% 3.0% 2.8% 4.5%
2005 7.5% 5.9% 3.5% 4.1%
2004 7.8% 6.7% 3.8% 4.5%
2003 6.7% 4.8% 2.8% 3.1%
2002 8.8% 4.4% 1.7% 2.3%

Sources: U.S. Bureau of Economic Analysis, Regional Economic Accounts · World Bank — World Development Indicators, 2002 – 2024

Ranking · Regions of Florida

2020 · Place 1 is the highest value.

#TerritoryEconomic growth
1 Gilchrist County 17.1%
2 Dixie County 9.8%
3 Levy County 9.6%
4 Lafayette County 8.2%
5 Martin County 8.1%
6 Baker County 8.0%
7 Okeechobee County 7.5%
8 St. Johns County 6.7%
9 Bradford County 5.8%
10 Charlotte County 5.6%
11 Liberty County 5.6%
12 Gulf County 5.4%
13 Madison County 5.2%
14 Taylor County 5.2%
15 Nassau County 4.8%
16 Gadsden County 4.6%
17 Suwannee County 3.9%
18 Putnam County 3.9%
19 Marion County 3.7%
20 Flagler County 3.6%
21 St. Lucie County 3.4%
22 Union County 3.2%
23 Lake County 3.0%
24 Okaloosa County 3.0%
25 Columbia County 2.8%
…
30 Washington County 2.0%
31 Walton County 1.8%
32 Santa Rosa County 1.6%
33 Hernando County 1.6%
34 Pasco County 1.6%
35 Sarasota County 1.6%
36 Hillsborough County 1.4%
…

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2020

What it means

How much the economy grew or shrank compared with the year before.

How it is calculated

Change in GDP at constant prices (inflation removed) from the previous year, in percent.