In 2020, the economic impact of the semiconductor industry on the United States' gross domestic product (GDP) was a total of 246.4 billion U.S. dollars. The indirect channel of the semiconductor industry, which typically comes from the supply chain, was the largest contributor to U.S. GDP, with 98.6 billion U.S. dollars. The induced channel of the semiconductor industry, which comes from wage spending, was also noteworthy in its contribution to U.S. GDP.
Semiconductor industry contribution to United States GDP in 2020, by channel
(in billion U.S. dollars)
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SIA, & Oxford Economics. (May 19, 2021). Semiconductor industry contribution to United States GDP in 2020, by channel (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/
SIA, und Oxford Economics. "Semiconductor industry contribution to United States GDP in 2020, by channel (in billion U.S. dollars)." Chart. May 19, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/
SIA, Oxford Economics. (2021). Semiconductor industry contribution to United States GDP in 2020, by channel (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/
SIA, and Oxford Economics. "Semiconductor Industry Contribution to United States Gdp in 2020, by Channel (in Billion U.S. Dollars)." Statista, Statista Inc., 19 May 2021, https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/
SIA & Oxford Economics, Semiconductor industry contribution to United States GDP in 2020, by channel (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/ (last visited November 21, 2024)
Semiconductor industry contribution to United States GDP in 2020, by channel (in billion U.S. dollars) [Graph], SIA, & Oxford Economics, May 19, 2021. [Online]. Available: https://www.statista.com/statistics/1237993/united-states-semiconductor-industry-gdp-impact-by-channel/
