In 2023, the GDP of Tennessee was valued at around 422 U.S. dollars. The manufacturing industry contributed 57.71 billion U.S. dollars of value to the state's gross domestic product. The finance, insurance, real estate, rental, and leasing industry contributed the most to the state's GDP with a value of 74.53 billion U.S. dollars in value added in the same year.
Real value added to the gross domestic product of Tennessee 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
74.53
Manufacturing
57.71
Professional and business services
57.7
Educational services, health care, and social assistance
45.63
Government and government enterprises
41.26
Retail trade
30.76
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 Tennessee in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of Tennessee in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of Tennessee in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of Tennessee 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/594910/tennessee-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of Tennessee in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/594910/tennessee-real-gdp-by-industry/ (last visited December 21, 2024)
Real value added to the gross domestic product of Tennessee 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/594910/tennessee-real-gdp-by-industry/
