DOING BUSINESS
DOING BUSINESS DOING BUSINESS DOING BUSINESS
ECONOMIC DRIVERS The economy of the Greater Oklahoma City region is diverse. Aerospace makes up one of the fastest-growing sectors, employing more than 45,500 individuals and having experienced a 21% increase in goods & services output from 2020-2025 . A few of the key economic drivers include Government, Health Care, Retail Trade and Professional Services. Federal, state and local government account for approximately 20% of all jobs
STRONG GROWTH IN OKLAHOMA CITY DOING BUSINESS
Strong Growth in Oklahoma City
Strong Growth in Oklahoma City Strong Growth in Oklahoma City
primarily because of the presence of Tinker Air Force Base, the Federal Aviation Administration, tribal employment, and Oklahoma City is the state’s capital. The largest number of establishments are found within the professional services sector and the oil and gas sector remains a major contributor to GDP and wages.
Population Growth 2010-2020
Population Growth 2010-2020 Population Growth 2010-2020 Population Growth 2010-2020 Population Growth (2010-2020)
GDP Growth (2010-2019) Strong Growth in Oklahoma City GDP Growth (2010-2019) GDP Growth (2010-2019) GDP Growth (2010-2019)
Job Growth (2010-2020) Job Growth (2010-2020)
GDP Growth (2010- 2020) GDP Growth (2010-2020) Population Growth 2010-2020
Job Growth (2010-2020) Job Growth (2010-2020) Job Growth (2010-2020)
14%
14%
14%
14%
GDP Growth (2010-2019)
31% Job Growth (2010-2020)
31%
31%
31%
10%
10%
10%
10%
9%
9%
9%
9%
24% 26% 14%
31%
24%
24%
24%
10%
22%
22%
22%
22%
9%
19%
Health Care and Social Assistance 102,829 jobs
7%
GDP Growth (2010-2020)
7%
7%
7%
24%
17%
Professional, Scientific, and Technical 48,705 jobs
Retail Trade 82,459 jobs
22%
% % % % % % %
5%
Government 164,788 jobs
5%
5%
5%
26%
6%
6%
6%
6%
7%
19%
17%
5%
6%
Source: BLS QCEW 2024 (Greater Oklahoma City Region; Lightcast 2025.2)
Oklahoma City MSA Oklahoma United States
Unemployment Rate (2020)
Unemployment Rate (2020) Unemployment Rate (2020) Unemployment Rate (2020)
UNEMPLOYMENT RATE (2024)
4.3%
4.3%
4.3%
4.3%
Unemployment Rate (2020)
4.3% Unemployment Rate (2024) 4.3% 4.3% 4.3%
4.3%
6.1%
6.1%
6.1%
6.1%
4.3%
Oklahoma City MSA
3.1%
6.1%
Oklahoma
Oklahoma City MSA Oklahoma United States 3.3%
Oklahoma City MSA Oklahoma United States Oklahoma City MSA Oklahoma United States Oklahoma City MSA Oklahoma United States
Oklahoma City MSA Oklahoma United States
United States
4.0%
11
11
11
11
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5%
11
United States
Oklahoma Oklahoma City MSA
Source: U.S. Census, BEA, BLS
14
Oklahoma City BY THE NUMBERS 2025
Oklahoma City BY THE NUMBERS 2025
15
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