In 2023, the GDP of South Dakota totaled around 57.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 13.81 billion U.S. dollars. Comparatively, the construction industry contributed around 2.23 billion U.S. dollars of value to the state's real GDP.
Real value added to the gross domestic product of South 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
Finance, insurance, real estate, rental, and leasing
13.81
Educational services, health care, and social assistance
6.14
Government and government enterprises
6.02
Agriculture, forestry, fishing and hunting
5.19
Professional and business services
4.57
Manufacturing
4.51
Retail trade
3.99
Wholesale trade
3.51
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 South Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1065207/south-dakota-real-gdp-by-industry/
BEA. "Real value added to the gross domestic product of South Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars)." Chart. September 27, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1065207/south-dakota-real-gdp-by-industry/
BEA. (2024). Real value added to the gross domestic product of South Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1065207/south-dakota-real-gdp-by-industry/
BEA. "Real Value Added to The Gross Domestic Product of South 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/1065207/south-dakota-real-gdp-by-industry/
BEA, Real value added to the gross domestic product of South Dakota in the United States in 2023, by industry (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/1065207/south-dakota-real-gdp-by-industry/ (last visited October 30, 2024)
Real value added to the gross domestic product of South 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/1065207/south-dakota-real-gdp-by-industry/
