In 2020, the government and government enterprises industry added the most real value to the gross domestic product of New Mexico. That year, this industry added about 20.77 billion chained 2012 U.S. dollars to the GDP of New Mexico.
Real value added to the Gross Domestic Product (GDP) of New Mexico in 2020, by industry
(in billion chained 2012 U.S. dollars)
Industry
Real value added in billion chained (2012) U.S. dollars
Government and government enterprises
20.77
Mining, quarrying, and oil and gas extraction
14.4
Finance, insurance, real estate, rental, and leasing
13.06
Professional and business services
10.52
Educational services, health care, and social assistance
7.1
Retail trade
5.52
Manufacturing
4.6
Construction
3.04
Wholesale trade
2.9
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 New Mexico in 2020, by industry (in billion chained 2012 U.S. dollars) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/1065130/new-mexico-real-gdp-by-industry/
BEA. "Real value added to the Gross Domestic Product (GDP) of New Mexico 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/1065130/new-mexico-real-gdp-by-industry/
BEA. (2021). Real value added to the Gross Domestic Product (GDP) of New Mexico in 2020, by industry (in billion chained 2012 U.S. dollars). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/1065130/new-mexico-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product (Gdp) of New Mexico in 2020, by Industry (in Billion Chained 2012 U.S. Dollars)." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/1065130/new-mexico-real-gdp-by-industry/
BEA, Real value added to the Gross Domestic Product (GDP) of New Mexico in 2020, by industry (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/1065130/new-mexico-real-gdp-by-industry/ (last visited May 28, 2022)
