The economy of the US state of Washington is the fourteenth-largest in the country. It is the leading producer of apples in the country.
Washington is one of the seven states in the union that does not levy personal income tax. It is also one of eighteen states to have a government monopoly on sale of liquor.
The GDP of the state is the fourteenth largest in the nation while the per capita income ranks 10th in the nation. The total state product of Washington in 2010 was $351.5 billion and the per capita income in 2009 was $52,403. The unemployment rate in the state is 9%.
Manufacturing and commercial agriculture, energy, and tourism are the major industries in the state. It is the leading producer of hydroelectric power in the US. Tourism, mining, online retailers, manufacture of aircrafts and computer software development are some of the significant businesses within the state. It is a leading agricultural state: apple industry is important to the state, and the state is a leading producer of apples since 1920s. In 2004, it was the largest producer of red raspberries, wrinkled seed peas, hops, spearmint oil, sweet cherries, peppermint oil, Concord grapes carrots, Niagara grapes and pears.
| Gross state product |
$351.5 billion |
| Per capita income |
$52,403 |
| Unemployment rate |
9% |
| Major industries |
Manufacturing and Commercial, tourism, agriculture and energy |
| Major sectors |
Services, manufacturing, and agriculture |