In 2023, the mining industry added around 1.65 billion chained 2017 U.S. dollars of value to the state gross domestic product in Virginia. The professional and business services industry added the greatest value, with 136.16 billion U.S. dollars being added to the state's GDP during the same year.
Real value added to the gross domestic product of Virginia 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
Professional and business services
136.16
Finance, insurance, real estate, rental, and leasing
112.29
Government and government enterprises
97.15
Educational services, health care, and social assistance
45.53
Manufacturing
42.8
Information
32.85
Retail trade
31.52
Construction
23.58
Wholesale trade
23.02
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 Virginia in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Virginia in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Virginia in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Virginia 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/588161/virginia-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Virginia in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/588161/virginia-real-gdp-by-industry/ (last visited December 03, 2024)
Real value added to the gross domestic product of Virginia 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/588161/virginia-real-gdp-by-industry/