It should not come as a surprise that Virginia has such a strong technology economy. Virginia’s per capita tech economy is one of the strongest in the nation. The state has the highest number of tech sector workers relative to GSP and employs a higher percentage of technology workers than any other state. Virginia is home to several tech-focused Fortune 500 companies and invested an incredible $14.69 billion in research and development funding in 2020. In addition to having a center for technology workers, the state is a hub for data and is the largest data center market in the country.
$21BGDP From Information Technology Sector
1,081High-Tech Sector Workers Per Billion of GSP
17.4%High-Tech Share of Total Workforce