In 2022, the GDP of Utah totaled around 213.9 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic (GDP) product of the state, amounting to around 43.97 billion U.S. dollars. Comparatively, the construction industry contributed around 14.91 billion U.S. dollars of value to the state's GDP.
Real value added to the gross domestic product of Utah 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
Finance, insurance, real estate, rental, and leasing
43.97
Professional and business services
28.21
Manufacturing
23.06
Government and government enterprises
22.93
Educational services, health care, and social assistance
15.27
Retail trade
15.08
Construction
14.91
Information
14.14
Wholesale trade
9.07
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 Utah 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/1065228/utah-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Utah 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/1065228/utah-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Utah 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/1065228/utah-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Utah 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/1065228/utah-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Utah in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1065228/utah-real-gdp-by-industry/ (last visited June 18, 2024)
Real value added to the gross domestic product of Utah 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/1065228/utah-real-gdp-by-industry/