In 2022, the GDP of Tennessee was valued at around 412 U.S. dollars. The manufacturing industry contributed 59.7 billion U.S. dollars of value to the state's gross domestic product. The finance, insurance, real estate, rental, and leasing industry contributed the most to the state's GDP with a value of 72.8 billion U.S. dollars in value added in the same year.
Real value added to the gross domestic product of Tennessee 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
72.79
Manufacturing
59.7
Professional and business services
54.05
Educational services, health care, and social assistance
43.22
Government and government enterprises
40.99
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 Tennessee in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Tennessee in the United States in 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Tennessee in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Tennessee 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/594910/tennessee-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Tennessee in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/ (last visited October 10, 2024)
Real value added to the gross domestic product of Tennessee 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/594910/tennessee-real-gdp-by-industry/