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US State economic profile
Oregon - Economic Profile
Statistics, economic information and rankings for the Beaver State
In 2026, the state of Oregon has a population of 4,296,483, having grown an annualized 0.2% over the five years to 2026, which ranks it 43rd out of all 50 US states by growth rate. Oregon's gross state product (GSP) in 2026 reached $266.6b, with growth of 1.2% over the 5 years to 2026. Businesses in Oregon employed a total of 2,213,778 people in 2026, with average annual employment growth over the past five years of 1.5%. The top three sectors by total employment are Real Estate & Rental & Leasing, Manufacturing, Healthcare & Social Assistance, while the unemployment rate across the state in 2026 was 5.1%.
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State economic profile
Oregon Economic Overview
$266.6b
Gross state product
4,296,483
Population
546,613
Businesses
What is Oregon's Gross Domestic Product (GDP)?
In 2026, Oregon's GDP reached $266.6b, representing an increase of 1.2% from 2025. Oregon's GDP has grown at an annualized rate of 1.0% over the five years to 2026. Moreover, Oregon's trailing five-year GDP growth ranks it 48th out of all 50 US states.
State GDP, or Gross State Product, is a measurement of a state's output, or the sum of value added from all industries in the state. It is a common indicator used to track the health of a state's economy.
You can track trends in Oregon's GDP, and compare them to the national average, using the chart below.
State economic profile
Oregon Industry Trends
Learn about current trends affecting the most significant industries for Oregon's state economy, down to the county level. IBISWorld offers state industry research reports on over 30,000 industries across all 50 states in the US, including 638 industries in Oregon.
What are Oregon's Largest Industries by Revenue?
The largest industries by revenue in Oregon are Health & Medical Insurance, Hospitals and Semiconductor & Circuit Manufacturing, which generated $24.5b, $23.6b and $20.5b in 2026.
| Industry | 2026 revenue | |
|---|---|---|
| 1. | Health & Medical Insurance | $24.5b |
| 2. | Hospitals | $23.6b |
| 3. | Semiconductor & Circuit Manufacturing | $20.5b |
| 4. | Warehouse Clubs & Supercenters | $17.1b |
| 5. | New Car Dealers | $13.3b |
| 6. | Supermarkets & Grocery Stores | $12.1b |
| 7. | Gasoline & Petroleum Bulk Stations | $10.6b |
| 8. | Lumber Wholesaling | $10.6b |
| 9. | Electronic Part & Equipment Wholesaling | $9.3b |
| 10. | Commercial Banking | $9.2b |
State economic profile
Top Companies in Oregon
Learn about current trends affecting the top companies in Oregon. IBISWorld offers benchmarking data and tools on over 5,000 companies in the US.
Top 10 Companies Headquartered in Oregon by Employment
The largest companies by employment in Oregon are State Of Oregon, Intel and Amazon.Com, Inc., which employed 40,000, 22,000 and 14,000 people in 2026.
| Company | 2026 employment | Share of employment | |
|---|---|---|---|
| 1. | State Of Oregon | 40,000 | 1.8% |
| 2. | Intel | 22,000 | 1.0% |
| 3. | Amazon.Com, Inc. | 14,000 | 0.6% |
| 4. | Walmart Inc. | 12,276 | 0.6% |
| 5. | Kaiser Foundation Health Plan, Inc. | 12,134 | 0.5% |
| 6. | Nike | 11,016 | 0.5% |
| 7. | Portland Public Schools | 7,000 | 0.3% |
| 8. | Oregon State University | 6,802 | 0.3% |
| 9. | Oregon Health & Science University | 6,397 | 0.3% |
| 10. | Home Depot | 5,727 | 0.3% |
State economic profile
Oregon Sector Statistics
In Oregon, certain sectors drive a higher share of state GDP and employ more workers than others. However, simply looking at raw numbers doesn't always tell the whole story. Factoring in the current year growth percentage, in addition to the annualized growth percentage over the past five years, will give you a deeper understanding of the economic situation.
What is Oregon's GDP by Sector?
The Real Estate & Rental & Leasing, Manufacturing and Healthcare & Social Assistance sectors contributed the most to Oregon's GDP in 2026, representing a combined 39.7% of state GDP.
GDP trends by sector are an important indicator of which sectors are contributing the most value-add to the state economy, in addition to how the state economy is evolving over time.
| Sector | GDP | Growth 2026 | Annualized growth 2021-26 |
|---|---|---|---|
| Real Estate & Rental & Leasing | 40,622,552,364 | 2.5% | 2.8% |
| Manufacturing | 32,921,527,992 | 0.2% | 0.5% |
| Healthcare & Social Assistance | 27,395,805,880 | 4.4% | 4.6% |
| Information | 23,067,621,372 | 13.5% | 13.9% |
| Professional, Scientific & Technical Services | 22,918,676,752 | 6.2% | 6.3% |
| Retail Trade | 16,731,270,257 | 4.5% | 4.0% |
| Management of Companies and Enterprises | 13,855,430,841 | 5.7% | 4.0% |
| Wholesale Trade | 11,923,730,341 | -1.7% | -2.4% |
| Finance & Insurance | 10,840,433,793 | -1.2% | -2.1% |
| Construction | 10,251,706,438 | -2.1% | -2.6% |
| Administration, Business Support and Waste Management Services | 8,763,276,120 | 2.8% | 3.3% |
| Accommodation & Food Services | 8,420,715,939 | 2.5% | 1.8% |
| Transportation & Warehousing | 7,376,578,075 | 0.6% | -0.4% |
| Other Services (except Public Administration) | 5,138,255,389 | -0.7% | -0.5% |
| Agriculture, Forestry, Fishing & Hunting | 4,154,651,203 | 0.3% | 0.4% |
| Utilities | 3,566,753,287 | 2.0% | 1.6% |
| Arts, Entertainment & Recreation | 3,492,489,147 | 10.3% | 11.5% |
| Educational Services | 2,290,784,667 | 2.9% | 3.7% |
| Mining | 226,398,345 | -5.3% | -6.9% |
What is Oregon's Employment by Sector?
The Healthcare & Social Assistance, Retail Trade and Accommodation & Food Services sectors contributed the most to employment in Oregon in 2026, representing a combined 37.0% of state employment.
Employment trends by sector are an important indicator of which sectors are growing or contracting most rapidly relative to the state economy as a whole.
| Sector | Employment | Growth 2026 | Annualized growth 2021-26 |
|---|---|---|---|
| Healthcare & Social Assistance | 335,301 | 2.6% | 3.3% |
| Retail Trade | 285,336 | 1.8% | 2.0% |
| Accommodation & Food Services | 197,496 | 1.3% | 5.0% |
| Manufacturing | 182,874 | 1.3% | 1.9% |
| Construction | 178,559 | 3.5% | 3.3% |
| Professional, Scientific & Technical Services | 159,454 | 2.1% | 2.4% |
| Administration, Business Support and Waste Management Services | 144,242 | 2.4% | 2.4% |
| Transportation & Warehousing | 131,326 | 4.2% | 3.5% |
| Educational Services | 131,186 | 0.8% | 2.6% |
| Other Services (except Public Administration) | 90,066 | 1.8% | 3.2% |
| Finance & Insurance | 81,843 | 1.8% | 1.8% |
| Wholesale Trade | 77,237 | 0.4% | 0.6% |
| Real Estate & Rental & Leasing | 73,942 | 1.1% | 0.6% |
| Information | 65,778 | 3.4% | 4.0% |
| Arts, Entertainment & Recreation | 39,924 | 1.4% | 4.6% |
| Agriculture, Forestry, Fishing & Hunting | 26,856 | 0.8% | -0.9% |
| Utilities | 10,523 | 1.0% | -0.6% |
| Mining | 1,835 | 1.3% | 0.6% |
State economic profile
Oregon Employment Trends
2.2m
Employment
5.1%
Unemployment
What Employment Trends are Impacting Oregon?
The state of Oregon employs 2,213,778 people in 2026, which ranks it 25th out of all 50 US states. Employment in Oregon has grown at an annualized rate of 2.7% over the five years to 2026, overperforming the national average of 1.7%. Major sectors by employment in Oregon include Healthcare & Social Assistance, Retail Trade and Accommodation & Food Services, which employed 335,301, 285,336 and 197,496 people in 2026, respectively. Oregon's unemployment rate is 5.1% in 2026, which ranks it 42nd out of all 50 US states. Oregon's unemployment rate has trended downwards at a rate of -0.2% over the five years to 2026, overperforming the US economy as a whole.
Employment trends indicate the degree of tightness or slack in labor markets, in addition to the overall strength of an economy. Faster employment growth typically indicates a strong and growing economy, while lower unemployment tends to imply tightness in labor markets.
You can track unemployment trends in Oregon, and compare them to the US economy, using the chart below.
$100.3k
Per capita disposable income
What is Oregon's Per Capita Disposable Income?
Per capita disposable income, also known as disposable personal income (DPI), is the amount of money that the average person in an economy has available for spending and saving after accounting for income taxes. Oregon's DPI in 2026 was $100.3k, compared to the US average of $156.5k, which places it 18th out of all 50 US states.
Disposable income is regarded as a key economic indicator as trends in disposable income are indicative of the level of aggregate demand, the state of labor markets and the financial strength of households.
You can track trends in Oregon's per capita disposable income, and compare it to the US average, using the chart below.
State economic profile
Oregon Construction & Building Trends
$4,067.6tn
Nonresidential construction
$4.1tn
Residential construction
12,838
Building permits
What can construction trends tell you about a state’s economy?
In Oregon, non-residential construction was $4,067.6tn in 2026, which ranks it 4th out of all 50 US states. Residential construction was $4.1tn in 2026, which places Oregon 11th out of all 50 US states. The number of building permits issued in Oregon in 2026 was 12,838, representing a -8.9% annualized growth rate between 2021 and 2026.
Trends in the construction sector are important because it creates jobs, income and tax revenue for a state. In addition, construction sector activity impacts other sectors in its supply chain, including manufacturing, wholesaling, warehousing, transportation, and real estate, rental and leasing services. Therefore, construction trends are important indicators of the health of an economy.
You can track trends in the number of building permits issued in Oregon, and compare it to trends in the number issued in the United States as a whole, using the chart below.
State economic profile
Oregon Population Statistics
Which Counties in Oregon have the Largest Populations?
The counties with the highest populations in Oregon are Multnomah County, Washington County and Clackamas County, which had populations of 771,608, 596,762 and 424,296 people in 2026.
| Region | 2026 population | Annual growth 2021-26 | Share of population |
|---|---|---|---|
| Multnomah | 771.6k | -0.8% | 18.0% |
| Washington | 596.8k | -0.1% | 13.9% |
| Clackamas | 424.3k | 0.1% | 9.9% |
| Lane | 379.2k | -0.2% | 8.8% |
| Marion | 347.1k | N/A | 8.1% |
| Jackson | 218.2k | -0.4% | 5.1% |
| Deschutes | 216.4k | 1.2% | 5.0% |
| Linn | 134.2k | 0.7% | 3.1% |
| Douglas | 113.3k | 0.2% | 2.6% |
| Yamhill | 109.4k | 0.2% | 2.5% |
| Benton | 99.4k | 0.6% | 2.3% |
| Polk | 91.4k | 0.6% | 2.1% |
| Josephine | 87.5k | -0.1% | 2.0% |
| Umatilla | 80.0k | N/A | 1.9% |
| Klamath | 70.1k | 0.1% | 1.6% |
| Coos | 63.1k | -0.6% | 1.5% |
| Columbia | 54.9k | 0.6% | 1.3% |
| Lincoln | 51.1k | 0.2% | 1.2% |
| Clatsop | 40.5k | -0.5% | 0.9% |
| Malheur | 32.6k | 0.5% | 0.8% |
| Crook | 28.9k | 2.4% | 0.7% |
| Tillamook | 27.3k | -0.2% | 0.6% |
| Jefferson | 26.1k | 0.9% | 0.6% |
| Wasco | 25.9k | -0.5% | 0.6% |
| Union | 25.5k | -0.5% | 0.6% |
State economic profile
Oregon Demographics
In Oregon, 38.8% of the population has a Bachelors or higher. The largest ethnic group in Oregon is White, accounting for 70.4% of the state's population.
Education level in Oregon
| Education level | Share (%) |
|---|---|
| Bachelors or higher | 38.8 |
| Other | 61.2 |
Race in Oregon
| Race | Share (%) |
|---|---|
| White | 70.4 |
| Hispanic | 16.4 |
| Asian | 5.6 |
| Other | 5.4 |
| Black | 2.3 |
Oregon State industry reports
IBISWorld State Industry Reports help you quickly understand how an industry performs at the state level compared with the national level, with accurate and unbiased industry information with a local focus. Use this collection to:
- Discover key local industry trends
- Identify threats and opportunities at the subnational level
- Inform your business strategies and planning
See our list of 638 Oregon industry reports.
Other states to explore
Compare Oregon’s economy with other states in the United States.
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