In 2023, the GDP of Iowa amounted to around 202.05 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of Iowa, amounting around 47.82 billion U.S. dollars. In the same year, the manufacturing industry contributed around 34.98 billion U.S. dollars in real value to the state's GDP.
Real value added to the gross domestic product of Iowa 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
47.82
Manufacturing
34.98
Government and government enterprises
21.47
Professional and business services
17.14
Educational services, health care, and social assistance
14.86
Retail trade
11.22
Wholesale trade
10.98
Agriculture, forestry, fishing and hunting
10.83
Construction
7.62
Information
6.4
Transportation and warehousing
5.95
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 Iowa in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Iowa in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Iowa in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Iowa 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/1064908/iowa-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Iowa in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/ (last visited December 30, 2024)
Real value added to the gross domestic product of Iowa 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/1064908/iowa-real-gdp-by-industry/
