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Economy & jobs Statistics · Area

Economic growth in Miami-Dade County

2002 – 2024 · 23 data points 41 of 67 · Regions of Florida Updated Nov 4, 2026

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

Economic growth, 2002 – 2024 percent · Miami-Dade County
 
 
2004 
 
 
 
2008 
 
 
 
2012 
 
 
 
2016 
 
 
 
2020 
 
 
 
3.4%
2024 

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

Compared with Economic growth · percent
Miami-Dade County
3.4%
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 Miami-Dade County · 2002 – 2024
Latest value 3.4% · 2024
First value 3.5% · 2002
Highest 11.1% · 2021
Lowest -7.1% · 2009
Data points 23

By year

All years · 2002 – 2024

YearMiami-Dade CountyChange FloridaUnited StatesWorld
2024 3.4% 3.3% 2.8% 2.9%
2023 4.8% 5.1% 2.9% 2.9%
2022 7.4% 6.2% 2.5% 3.4%
2021 11.1% 9.3% 6.2% 6.5%
2020 -6.5% -1.2% -2.1% -2.9%
2019 0.9% 3.3% 2.6% 2.7%
2018 4.4% 3.5% 3.0% 3.3%
2017 5.2% 3.7% 2.5% 3.4%
2016 3.4% 3.5% 1.8% 2.8%
2015 3.5% 4.5% 3.0% 3.1%
2014 3.9% 2.9% 2.5% 3.2%
2013 3.9% 2.6% 2.1% 2.9%
2012 0.3% 1.0% 2.3% 2.7%
2011 0.7% -0.3% 1.6% 3.3%
2010 3.4% 1.4% 2.7% 4.5%
2009 -7.1% -5.8% -2.6% -1.3%
2008 -1.9% -3.3% 0.1% 2.1%
2007 0.7% 1.4% 2.0% 4.4%
2006 3.4% 3.0% 2.8% 4.5%
2005 4.2% 5.9% 3.5% 4.1%
2004 5.7% 6.7% 3.8% 4.5%
2003 2.2% 4.8% 2.8% 3.1%
2002 3.5% 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

2021 · Place 1 is the highest value.

#TerritoryEconomic growth
67 Liberty County -6.8%
66 Taylor County -6.4%
65 Gadsden County -5.7%
64 Dixie County -4.5%
63 Gilchrist County -4.4%
62 Glades County -3.6%
61 Putnam County -2.4%
60 Bradford County -2.1%
59 Hendry County -0.3%
58 Columbia County 0.1%
57 Lafayette County 0.2%
56 Jackson County 0.3%
55 Martin County 0.4%
54 Madison County 0.6%
53 Levy County 1.4%
52 Okeechobee County 1.9%
51 Franklin County 2.9%
50 Hamilton County 3.1%
49 Suwannee County 3.3%
48 DeSoto County 3.5%
47 Charlotte County 4.2%
46 Highlands County 4.4%
45 Sarasota County 5.0%
44 Washington County 5.1%
43 Baker County 5.5%
…
12 St. Johns County 9.8%
11 Osceola County 10.4%
10 Brevard County 11.0%
9 Miami-Dade County 11.1%
8 Palm Beach County 11.2%
7 Pasco County 11.3%
6 Monroe County 12.2%
…

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts, 2021

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.