State profile
Maryland
United States · GDP 2025
#18 of 51 US states by GDPbottom-quartile growth
EA Place Score
——methodology in progress
GDP 2025 (USD)
$568.1B
BEA · 2025
GDP growth (YoY)
+4.0%
BEA · 2025
Jobs tracked
2,468,367
Census CBP · 2023
Employers
142,967
Census CBP · 2023
Avg. wage
$76.1k
BLS QCEW · 2023
Population
6,161,707
Census PEP · 2022
Maryland · GDP by county
BEA 2025 · hover or taplower
higher · USD
Counties
top 24 by GDP · BEA 2024Montgomery$117.4BBaltimore$73.1BAnne Arundel$69.9BBaltimore (Independent City)$65.6BPrince George's$65.2BHoward$37.1BFrederick$20.4BHarford$17.9BSt. Mary's$10.4BWashington$10.0BCarroll$8.9BCharles$8.7BCecil$7.2BWicomico$7.1BCalvert$6.2BWorcester$4.1BAllegany$3.5BQueen Anne's$2.9BTalbot$2.8BDorchester$1.8BGarrett$1.8BCaroline$1.6BKent$1.2BSomerset$1.2B
See all counties in Maryland →Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Lockheed Martin CorporationIndustrials$75.0B81B+2Marriott International, Inc.Consumer Cyclical$26.2B82B+3Constellation Energy CorporationUtilities$22.7B52D4T. Rowe Price Group, Inc.Financial Services$7.3B79B+5McCormick & Company, IncorporatedConsumer Defensive$6.8B79B+6Host Hotels & Resorts, Inc.Real Estate$6.1B69B7Under Armour, Inc.Consumer Cyclical$5.0B48D8Ciena CorporationTechnology$4.8B74B9United Therapeutics CorporationHealthcare$3.2B92A10Sinclair, Inc.Communication Services$3.2B53D11ESAB CorporationIndustrials$2.8B60C12Choice Hotels International, Inc.Consumer Cyclical$1.6B71B13Pebblebrook Hotel TrustReal Estate$1.5B49D14RLJ Lodging TrustReal Estate$1.3B52D15Federal Realty Investment TrustReal Estate$1.3B75B+16Omega Healthcare Investors, Inc.Real Estate$1.2B68B17Novavax, Inc.Healthcare$1.1B69B18DiamondRock Hospitality CompanyReal Estate$1.1B49D19Tenable Holdings, Inc.Technology$999.4M62C20Argan, Inc.Industrials$944.6M70B21Emergent BioSolutions Inc.Healthcare$742.9M69B22Supernus Pharmaceuticals, Inc.Healthcare$719.0M76B+23Xometry, Inc.Industrials$686.6M52D24JBG SMITH PropertiesReal Estate$498.6M44D25Liquidity Services, Inc.Consumer Cyclical$476.7M70BHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care26%
Retail trade19%
Professional services19%
Food & accommodation16%
Construction11%
Admin & support10%
share of top-6 sector employment · CBP 2023
GDP trend
2021–2025 · nominal
$447.7B2021
$481.9B2022
$515.0B2023
$546.0B2024
$568.1B2025
Filing activity
SEC EDGAR163 filings from 63 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$76.1k
avg. annual pay · +21% since 2019
Similar US states
nearest by GDPThe read
What is the GDP of Maryland?
Maryland's economy produced $568.1B in 2025, growing 4.0% year over year — slower than 82% of US states. Its largest employment sector is health care.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.