In 2023, the GDP of North Dakota amounted to around 60.35 billion U.S. dollars. The mining, quarrying, and oil and gas extraction industry added the most real value to the gross domestic product of the state, totaling around 10.63 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.32 U.S. dollars of value to the state's real GDP.
Real value added to the gross domestic product of North Dakota 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
Mining, quarrying, and oil and gas extraction
10.63
Finance, insurance, real estate, rental, and leasing
7.86
Government and government enterprises
6.21
Educational services, health care, and social assistance
5.09
Manufacturing
4.32
Agriculture, forestry, fishing and hunting
4.03
Wholesale trade
3.95
Professional and business services
3.86
Retail trade
3.25
Construction
2.55
Transportation and warehousing
2.46
Information
1.77
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 North Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1065144/north-dakota-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of North Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1065144/north-dakota-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of North Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1065144/north-dakota-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of North Dakota 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/1065144/north-dakota-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of North Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1065144/north-dakota-real-gdp-by-industry/ (last visited November 21, 2024)
Real value added to the gross domestic product of North Dakota 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/1065144/north-dakota-real-gdp-by-industry/