Data / Gross domestic product (GDP), US dollars / Lake of the Woods County

Gross domestic product (GDP), US dollars in Lake of the Woods County

Gross domestic product (GDP), US dollars in Lake of the Woods County was $241.98 million in 2024, according to the U.S. Bureau of Economic Analysis. That is up 7.6% from 2023. That is the 86th highest of 87 counties in 2024.

2024, USD million242
Change on 2023+7.6%
Rank86th of 87Counties in Minnesota ranked
Series high2422024
Series low87.62001

Gross domestic product (GDP), US dollars in Lake of the Woods County, 2001 to 2024

CSVChart (SVG)

5010015020025020012005200920132017202120242001: 87.6 USD million2002: 104.9 USD million2003: 134 USD million2004: 111.1 USD million2005: 121.9 USD million2006: 133.7 USD million2007: 120.5 USD million2008: 119 USD million2009: 120.6 USD million2010: 130.3 USD million2011: 128.8 USD million2012: 134.5 USD million2013: 159 USD million2014: 173.6 USD million2015: 190 USD million2016: 193.3 USD million2017: 180.1 USD million2018: 199.1 USD million2019: 202.2 USD million2020: 204.5 USD million2021: 222.7 USD million2022: 231.6 USD million2023: 224.9 USD million2024: 242 USD million
USD million. Source: BEA. Retrieved 2026-10-08, published 2026-02-05.
All 24 values
PeriodUSD million
2024242
2023224.9
2022231.6
2021222.7
2020204.5
2019202.2
2018199.1
2017180.1
2016193.3
2015190
2014173.6
2013159
2012134.5
2011128.8
2010130.3
2009120.6
2008119
2007120.5
2006133.7
2005121.9
2004111.1
2003134
2002104.9
200187.6

Compared with Minnesota and United States

Place2024
Lake of the Woods County242
Minnesota497,205.9
United States29,380,991

Rankings

Definition

GDP at current prices, millions of US dollars. United States: Bureau of Economic Analysis GDP by state (the national figure is the total of the same table) and GDP by county. Other countries and the World: World Bank, converted from national currency at official annual average exchange rates.

US dollars, for the United States, its states and counties, and for every country and the World from the World Bank. For Spain and the EU in euros use gdp. Exchange rate swings move dollar values even when output does not.

How to cite

U.S. Bureau of Economic Analysis. CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions). https://apps.bea.gov/regional/zip/CAGDP1.zip. Retrieved 2026-10-08.

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Questions

What is the GDP (US dollars) in Lake of the Woods County?

Gross domestic product (GDP), US dollars in Lake of the Woods County was $241.98 million in 2024, according to the U.S. Bureau of Economic Analysis. That is up 7.6% from 2023. That is the 86th highest of 87 counties in 2024.

Where does this figure come from?

U.S. Bureau of Economic Analysis. CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions). Retrieved by Invokely on 2026-10-08.

What was the highest GDP (US dollars) in Lake of the Woods County?

$241.98 million in 2024, the highest value since 2001 in this series.

More statistics for Lake of the Woods County

All statistics for Lake of the Woods County