In 2022, the finance, insurance, real estate, rental, and leasing industry added the most real value to the GDP of Arizona, amounting to around 95.17 billion U.S. dollars. In comparison, the agriculture industry added about 1.76 billion chained 2017 U.S. dollars to Arizona's GDP.
Real value added to the gross domestic product of Arizona 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
95.17
Professional and business services
52.84
Government and government enterprises
45.1
Educational services, health care, and social assistance
39.4
Manufacturing
36.43
Retail trade
26.43
Construction
20.77
Wholesale trade
19.05
Information
17.47
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 Arizona in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Arizona in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Arizona in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Arizona 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/1064748/arizona-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Arizona in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/ (last visited September 15, 2024)
Real value added to the gross domestic product of Arizona 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/1064748/arizona-real-gdp-by-industry/
