In 2023, the finance, insurance, real estate, rental, and leasing industry added the most real value to the GDP of Arizona, amounting to around 98.75 billion U.S. dollars. In comparison, the agriculture industry added about 2.05 billion chained 2017 U.S. dollars to Arizona's GDP.
Real value added to the gross domestic product of Arizona in the United States in 2023, 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
98.75
Professional and business services
56.33
Government and government enterprises
46.61
Educational services, health care, and social assistance
42.62
Manufacturing
38.14
Retail trade
29.07
Construction
21.91
Wholesale trade
20.53
Information
18.52
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 27, 2024). Real value added to the gross domestic product of Arizona in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Arizona in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Arizona in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Arizona in The United States in 2023, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Arizona in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/ (last visited December 21, 2024)
Real value added to the gross domestic product of Arizona in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph], BEA, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/1064748/arizona-real-gdp-by-industry/
