The economy of Hawaii has grown by more than 50% this decade, from a $40 billion economy in 2000 to a more than $60 billion economy at present. The economic output of the state of Hawaii was $64 billion in 2008. The Hawaii economy is the 39th largest in the United States.
Government led all sectors in the state's economy. Government contributed $15.1 billion in economic development in 2008, that's 23.7% of the total economic output of Hawaii. Coming in second adding $11.4 billion, the real estate sector was responsible for 17.9% of the Hawaii economy in 2008. Accommodation and food services accounted for 8.4% of the economic output with a contribution of $5.4 billion. Ranking fourth and fifth biggest sectors in the state were retail trade $4.5 billion and healthcare $4.2 billion.
Hawaii state per capita income was ranked 17th with the average annual income being $41,021. Due to the fact that the islands are either volcanoes or made of volcanic rock, there are not many mineral resources available. This means that there is no mining and that Hawaiians must import minerals. Most of the goods that Hawaiians use, such as meat and clothing, are also imported from the mainland.