Texas – The office of Greg Abbott announced that the Texas economy reached a record $2.9 trillion in 2025, according to preliminary estimates from the U.S. Bureau of Economic Analysis. The figures reflect the state’s current-dollar gross domestic product and highlight continued economic expansion.
Data showed that Texas outpaced the national economy, growing at a rate of 2.5% in 2025 when adjusted for inflation. The growth marked another year of strong performance for the state’s economy.
Abbott attributed the milestone to the state’s workforce and business environment. He said the expansion was driven by skilled workers, entrepreneurs, and companies investing with confidence. He also pointed to Texas’ business climate and policies aimed at supporting economic growth, adding that the state continues to attract job creators from across the country and around the world.
According to preliminary estimates from the International Monetary Fund, Texas maintained its position as the eighth-largest economy in the world when compared to national economies. The state’s growth rate in 2025 also exceeded that of eight of the top 10 global economies.
Since Abbott took office in January 2015, the Texas economy has expanded significantly. It grew from $1.59 trillion to $2.9 trillion by the end of 2025. When adjusted for inflation, that represents a 46% increase over the 11-year period.
