In 2020, the finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of Rhode Island. That year, this industry added about 12.06 billion chained 2012 U.S. dollars to the GDP of Rhode Island.
Real value added to the Gross Domestic Product (GDP) of Rhode Island in 2020, by industry
(in billion chained 2012 U.S. dollars)
Industry
Real value added in billion chained (2012) U.S. dollars
Finance, insurance, real estate, rental, and leasing
12.06
Professional and business services
7.36
Government and government enterprises
7.13
Educational services, health care, and social assistance
6.8
Manufacturing
4.13
Retail trade
3.24
Wholesale trade
2.91
Arts, entertainment, recreation, accommodation, and food services
1.89
Construction
1.71
Information
1.57
Other services (except government and government enterprises)
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 Rhode Island in 2020, by industry (in billion chained 2012 U.S. dollars) [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/1065194/rhode-island-real-gdp-by-industry/
BEA. "Real value added to the Gross Domestic Product (GDP) of Rhode Island in 2020, by industry (in billion chained 2012 U.S. dollars)." Chart. October 1, 2021. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/1065194/rhode-island-real-gdp-by-industry/
BEA. (2021). Real value added to the Gross Domestic Product (GDP) of Rhode Island in 2020, by industry (in billion chained 2012 U.S. dollars). Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/1065194/rhode-island-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product (Gdp) of Rhode Island in 2020, by Industry (in Billion Chained 2012 U.S. Dollars)." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/1065194/rhode-island-real-gdp-by-industry/
BEA, Real value added to the Gross Domestic Product (GDP) of Rhode Island in 2020, by industry (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/1065194/rhode-island-real-gdp-by-industry/ (last visited May 25, 2022)
