In 2022, the GDP of Arkansas amounted to around 137.36 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the state's GDP, adding around 21.72 billion U.S. dollars. In the same year, the wholesale trade industry added around 9.8 billion U.S. dollars.
Real value added to the gross domestic product of Arkansas 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
21.72
Manufacturing
20.19
Professional and business services
17.84
Government and government enterprises
16.72
Educational services, health care, and social assistance
13.1
Wholesale trade
9.8
Retail trade
9.64
Transportation and warehousing
5.68
Construction
4.9
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 Arkansas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Arkansas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Arkansas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Arkansas 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/1064770/arkansas-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Arkansas in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/ (last visited October 06, 2024)
Real value added to the gross domestic product of Arkansas 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/1064770/arkansas-real-gdp-by-industry/