Montana real GDP by industry U.S. 2023

In 2023, the GDP of Montana amounted to around 57.37 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of Montana, amounting to around 11.15 billion U.S. dollars. Comparatively, the professional and business services industry contributed around 6.11 billion U.S. dollars.

Real value added to the gross domestic product of Montana 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	11.15
Government and government enterprises	7.66
Educational services, health care, and social assistance	6.34
Professional and business services	6.11
Retail trade	3.87
Arts, entertainment, recreation, accommodation, and food services	3.19
Construction	3.12
Wholesale trade	2.9
Manufacturing	2.9
Transportation and warehousing	2.29
Agriculture, forestry, fishing and hunting	2.18
Information	1.93
Mining, quarrying, and oil and gas extraction	1.91
Utilities	0.97

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Release date

September 2024

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Region

United States

Survey time period

2023

Supplementary notes

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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