In 2022, the mining industry added around 1.59 billion chained 2017 U.S. dollars of value to the state gross domestic product in Virginia. The professional and business services industry added the greatest value with 127.98 billion U.S. dollars being added to the state's GDP during the same year.
Real value added to the gross domestic product of Virginia in the United States in 2022, by industry
(in billion chained 2017 U.S. dollars)
Industry
Real value added in billion chained (2017) U.S. dollars
Professional and business services
127.98
Finance, insurance, real estate, rental, and leasing
107.77
Government and government enterprises
94.44
Manufacturing
45.11
Educational services, health care, and social assistance
42.46
Information
29.83
Retail trade
28.89
Wholesale trade
22.62
Arts, entertainment, recreation, accommodation, and food services
Chained (2017) dollar series are calculated as the product of the chain-type quantity index and the 2017 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
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BEA. (September 30, 2023). Real value added to the gross domestic product of Virginia in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Virginia in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Virginia in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Virginia in The United States in 2022, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Virginia in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/ (last visited June 18, 2024)
Real value added to the gross domestic product of Virginia in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/