In 2020, the manufacturing industry added the most real value to the gross domestic product of Arkansas. That year, about 17.69 billion chained 2012 U.S. dollars were added to the gross domestic product of Arkansas by the manufacturing industry.
Real value added to the Gross Domestic Product (GDP) of Arkansas in 2020, by industry
(in billion chained 2012 U.S. dollars)
Industry
Real value added in billion chained (2012) U.S. dollars
Manufacturing
17.69
Finance, insurance, real estate, rental, and leasing
17.35
Government and government enterprises
14.16
Professional and business services
13.67
Educational services, health care, and social assistance
10.65
Wholesale trade
9.01
Retail trade
8.58
Transportation and warehousing
4.29
Construction
3.7
Utilities
3.14
Arts, entertainment, recreation, accommodation, and food services
Chained (2012) dollar series are calculated as the product of the chain-type quantity index and the 2012 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. (October 1, 2021). Real value added to the Gross Domestic Product (GDP) of Arkansas in 2020, by industry (in billion chained 2012 U.S. dollars) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real value added to the Gross Domestic Product (GDP) of Arkansas in 2020, by industry (in billion chained 2012 U.S. dollars)." Chart. October 1, 2021. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. (2021). Real value added to the Gross Domestic Product (GDP) of Arkansas in 2020, by industry (in billion chained 2012 U.S. dollars). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product (Gdp) of Arkansas in 2020, by Industry (in Billion Chained 2012 U.S. Dollars)." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA, Real value added to the Gross Domestic Product (GDP) of Arkansas in 2020, by industry (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/ (last visited May 28, 2022)
