$39,811 (based on estimated 2017 population of 2,088,070)[1]
Population below poverty line
17.1%[2]
Gini coefficient
0.453[3]
Labor force
969,872 (September 2023) [4]
Unemployment
3.6% (September 2023) [5]
External
Export goods
Processors and controllers (23.9%), ADP machine parts (18.4%), radar apparatuses (3.9%)
Main export partners
Mexico 42.9%
Israel 14.0%
China 13.7%
Japan 6.6%
[6]
Public finances
Revenues
$4,413.988 million[7]
Expenses
$6,080 million[8]
Oil and gas production, tourism, and federal government spending are important drivers of New Mexico's economy. The state government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies.
In 2017 New Mexico's gross domestic product was $94.2 billion.[1]
In 2017 the per capita personal income was $39,811 (ranked 48th in the nation).[1]
In 2008 the percentage of persons below the poverty level was 17.1%.[2]
^ abcd"U.S. Dept of Commerce Bureau of Economic Statistics". U.S. Dept of Commerce Bureau of Economic Statistics. September 25, 2018. Archived from the original on January 17, 2018. Retrieved January 4, 2019.
^ ab"State Rankings--Statistical Abstract of the United States--Persons Below Poverty Level". Archived from the original on August 17, 2011. Retrieved December 12, 2017.
^Bureau, U.S. Census. "U.S. Census website". United States Census Bureau. Retrieved August 4, 2017.
^"Civilian Labor Force in New Mexico". fred.stlouisfed.org. August 21, 2023. Archived from the original on September 4, 2023. Retrieved September 4, 2023.
^"Unemployment Rate in New Mexico". fred.stlouisfed.org. August 21, 2023. Archived from the original on September 4, 2023. Retrieved September 4, 2023.
^Division, U.S. Census Bureau, Foreign Trade. "State Exports from New Mexico". www.Census.gov. Retrieved August 4, 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
^"State Government Tax Collections Viewable Data". Archived from the original on September 24, 2015. Retrieved December 12, 2017.
^"Archived copy". Archived from the original on August 23, 2011. Retrieved October 10, 2011.{{cite web}}: CS1 maint: archived copy as title (link)
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