In 2022, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.47 billion chained 2017 U.S. dollars. The information industry added 416.67 billion U.S. dollars to the state GDP in that year.
Real value added to the gross domestic product of California 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
577.47
Professional and business services
506.05
Information
416.67
Manufacturing
349.66
Government and government enterprises
328.33
Educational services, health care, and social assistance
243.24
Retail trade
159.1
Wholesale trade
148.9
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. (October 26, 2023). Real value added to the gross domestic product of California 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/304869/california-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of California in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. October 26, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/304869/california-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of California 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/304869/california-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of California in The United States in 2022, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 26 Oct 2023, https://www.statista.com/statistics/304869/california-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of California in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/304869/california-real-gdp-by-industry/ (last visited October 06, 2024)
Real value added to the gross domestic product of California in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, October 26, 2023. [Online]. Available: https://www.statista.com/statistics/304869/california-real-gdp-by-industry/