Mississippi 

The population of Mississippi in 2008 was 2,940,212. Its rank was 31st in the nation. 

PER CAPITA PERSONAL INCOME

In 2008 Mississippi had a per capita personal income (PCPI) of $30,383. This PCPI ranked 50th in the United States and was 76 percent of the

national average, $40,166. The 2008 PCPI reflected an increase of 2.8 percent from 2007. The 2007-2008 national change was 2.0 percent. In 1998

the PCPI of Mississippi was $19,947 and ranked 50th in the United States. The 1998-2008 average annual growth rate of PCPI was 4.3 percent. The

average annual growth rate for the nation was 4.0 percent. 

Per Capita Personal Income, 2008 Per Capita Income as a Percent of the United States, 2008

TOTAL PERSONAL INCOME

2007-08 percent change 1998-2008 AAGR 

Mississippi 3.5 % 4.8 % 

U.S. 2.9 % 5.0 %

AAGR: average annual growth rate

In 2008 Mississippi had a total personal income (TPI) of $89,331,219*. This TPI

ranked 34th in the United States. In 1998 the TPI of Mississippi was $55,948,668* and

ranked 32nd in the United States. 

*Note: Total personal income estimates are in thousands of dollars, not adjusted for

inflation.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the

residents of Mississippi. 

Mississippi United States

1998

2008

 Net earnings by place of residence

 Dividends, interest, and rent

 Personal current transfer receipts

Percent Contribution to Total Personal Income

2007-2008 percent change

Mississippi U.S.

Net earnings 3.1 % 2.0 % 

Dividends, interest, and rent - 6.0 % 1.3 % 

Personal current transfer receipts 11.6 % 9.2 % 

1998-2008 average annual growth rate

Mississippi U.S.

Net earnings 4.4 % 4.8 % 

Dividends, interest, and rent 3.5 % 4.2 % 

Personal current transfer receipts 7.2 % 6.7 % 
Mississippi 

GROSS DOMESTIC PRODUCT (GDP) BY STATE

In 2008, Mississippi current-dollar GDP was $91.8 billion and ranked 35th in the United States. In 1998, Mississippi GDP was $60.5 billion and

ranked 34th in the United States. 

In 2008, Mississippi real GDP grew 1.7 percent; the 2007-2008 national change was 0.7 percent. The 1998-2008 average annual growth rate for

Mississippi real GDP was 1.3 percent; the average annual growth rate for the nation was 2.5 percent. 

GDP BY STATE FOR INDUSTRIES

In 2008, the largest industry in Mississippi was government. This industry accounted for 17.5 percent of Mississippi GDP and had 2.7 percent real

growth. The second largest industry was durable goods manufacturing, which accounted for 8.9 percent of Mississippi GDP and had a 3.1 percent real

decline. 

The largest contributor to real GDP growth in Mississippi was real estate and rental and leasing. This industry accounted for 0.46 percentage point of

the total growth in real GDP. The second largest contributor was government. This industry accounted for 0.46 percentage point of the total growth in

real GDP.* 

*Note: The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because

growing and declining industries offset one another.

 Durable goods manufacturing Retail trade Real estate and rental and leasing

 Health care and social assistance Government All others

Mississippi United States

Top Five State Industries as a percent of Total GDP, 2008

PER CAPITA REAL GDP BY STATE

In 2008, per capita real GDP for Mississippi was $24,403, which was 35.6 percent less than the U.S. per capita real GDP. Mississippi per capita real

GDP grew 1.1 percent. 

Per Capita Real GDP, 2008