In 2023, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.27 billion chained 2017 U.S. dollars. The information industry added 452.26 billion U.S. dollars to the state GDP in that year.
Real value added to the gross domestic product of California 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
577.27
Professional and business services
520.55
Information
452.26
Manufacturing
351.56
Government and government enterprises
339.81
Educational services, health care, and social assistance
255.45
Retail trade
174
Wholesale trade
146.01
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 California 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/304869/california-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of California 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/304869/california-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of California 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/304869/california-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of California 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/304869/california-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of California in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/304869/california-real-gdp-by-industry/ (last visited November 21, 2024)
Real value added to the gross domestic product of California 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/304869/california-real-gdp-by-industry/
