In 2023, the GDP of Arkansas amounted to around 142.86 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the state's GDP, adding around 22.15 billion U.S. dollars. In the same year, the wholesale trade industry added around 10.26 billion U.S. dollars.
Real value added to the gross domestic product of Arkansas 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
22.15
Manufacturing
21.09
Professional and business services
19.13
Government and government enterprises
16.63
Educational services, health care, and social assistance
13.83
Retail trade
10.59
Wholesale trade
10.26
Transportation and warehousing
5.52
Construction
5.16
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 Arkansas in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Arkansas in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Arkansas in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Arkansas 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/1064770/arkansas-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Arkansas in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064770/arkansas-real-gdp-by-industry/ (last visited November 23, 2024)
Real value added to the gross domestic product of Arkansas 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/1064770/arkansas-real-gdp-by-industry/
