In 2020, Cochise County produced $5.2 billion in current-dollar total GDP. That ranked 8th of Arizona's 15 counties.
In 2020, Cochise County's real (inflation-adjusted) GDP grew by 5.2% (compared to a decline of 1.0% statewide).
In the 10 years from 2010 through 2020, the compound annual growth rate for Cochise County's real GDP was -0.2% (compared to 2.1% growth statewide). Over the decade, Cochise County's real GDP declined in 5 of 10 years, which included a recession in 2012, 2013, and 2014 (with annual real GDP growth rates of -3.9%, -3.2%, and -3.3%, respectively), led by a drop in economic activity associated with Fort Huachuca, followed by two years of tepid GDP growth then another, milder recession in 2017 and 2018 (with real GDP growth rates of -1.9% and -0.4%, respectively, in those years).
Cochise County's real GDP growth of 5.2% in 2020 was the second consecutive year of growth and was the highest growth rate since 2007, prior to the nationwide Great Recession that began the following year (Cochise County's economy continued to grow through the Great Recession led by the continued buildup at Fort Huachuca in the years following the terrorist attacks of 9/11/2001; that growth peaked in 2010-2011, before Cochise County's economy slipped into its 3-year recession in 2012).