Gross Domestic Product

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Current-dollar & real (inflation-adjusted) GDP

In 2021, Cochise County produced $5.4 billion in current-dollar total GDP. That ranked 8th of Arizona's 15 counties.
Cochise County's real (inflation-adjusted) GDP fell by 0.7% in 2021, (compared to an increase of 6.3% statewide).
In the 10 years from 2011 through 2021, the compound annual growth rate for Cochise County's real GDP was -0.3% (compared to 2.7% growth statewide). Over the decade, Cochise County's real GDP declined in 5 of 10 years, beginning with 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. That was followed by two years of tepid GDP growth then another, milder decline in 2017 (with real GDP growth of -1.5%) and again in 2021 with the 0.7% drop. Cochise County's real GDP growth of -0.7% in 2021 was the first decline since 2017.

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