Alabama Economic Profile
Population, income, employment, GDP, and federal spending analysis for Alabama.
Population
N/A
2025
Median Income
N/A
Fed Spending / Capita
$116.81
Spending as % GDP
0.2%
GDP
$341.15B
Poverty Rate
N/A
Bachelor's Degree %
N/A
Median Age
N/A
Federal Spending Over Time
$018
$019
$020
$021
$022
$023
$3.52B24
$3.56B25
$602.5M26
Per-Capita Spending
$682.3124
$690.3625
$116.8126
Population Trend
$4.8M10
$4.8M11
$4.8M12
$4.8M13
$4.8M14
$4.9M15
$4.9M16
$4.9M17
$4.9M18
$4.9M19
$5.0M20
$5.0M21
$5.1M22
$5.1M23
$5.2M24
Spending & Economic Context
| Year | Spending | Per Capita | % GDP | Real (2024$) | Unemployment |
|---|---|---|---|---|---|
| 2018 | $0 | — | — | — | — |
| 2019 | $0 | — | — | — | — |
| 2020 | $0 | — | — | — | — |
| 2021 | $0 | — | — | — | — |
| 2022 | $0 | — | — | — | — |
| 2023 | $0 | — | — | — | — |
| 2024 | $3.52B | $682.31 | 1.1% | — | — |
| 2025 | $3.56B | $690.36 | 1.0% | — | — |
| 2026 | $602.5M | $116.81 | 0.2% | — | — |