In 2022, the GDP of Iowa amounted to around 197.85 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 to around 47.07 billion U.S. dollars. In the same year, the manufacturing industry contributed around 34.07 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 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
47.07
Manufacturing
34.69
Government and government enterprises
21.27
Professional and business services
15.99
Educational services, health care, and social assistance
14.44
Agriculture, forestry, fishing and hunting
11.05
Wholesale trade
10.56
Retail trade
10.14
Construction
7.74
Transportation and warehousing
6.07
Information
5.92
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 Iowa in the United States in 2022, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved October 02, 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 2022, by industry (in billion chained 2017 U.S. dollars)." Chart. September 30, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/
BEA. (2023). Real value added to the gross domestic product of Iowa in the United States in 2022, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 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 2022, by Industry (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, 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 2022, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1064908/iowa-real-gdp-by-industry/ (last visited October 02, 2024)
Real value added to the gross domestic product of Iowa 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/1064908/iowa-real-gdp-by-industry/