In 2023, the real gross domestic product (GDP) of Iowa was about 200.44 billion U.S. dollars. This is a decrease from the previous year, when the state's GDP stood at 197.85 U.S. dollars.

Graph and download economic data for Gross Domestic Product: All Industry Total in Iowa (IANQGSP) from Q1 2005 to Q1 2025 about IA, GSP, industry, GDP, and USA.

In 2023, the GDP of Iowa amounted to around 202.05 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of Iowa, amounting around 47.82 billion U.S. dollars. In the same year, the manufacturing industry contributed around 34.98 billion U.S. dollars in real value to the state's GDP.

In 2019, the per capita real gross domestic product of Iowa was 55,051 chained 2012 U.S. dollars, a slight increase from the previous year. Since 2000, the per capita real GDP of Iowa was the highest in 2019.

This dataset provides both quarterly and annual estimates of the value of the goods and services produced in Iowa as provided by the U.S. Department of Commerce, Bureau of Economic Analysis in tables SAGDP2N, SAGDP9N, SAGDP10N, SQGDP2, and SQGDP9. Annual data is available beginning in 1997, and quarterly beginning 2005. The data include breakdowns of industries' contributions. Quarterly estimates are presented as an annual rate. Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars. The annual per capita real GDP is also provided and is measured in chained dollars. In calculating the per capita real GDP, the real GDP is divided by the Census Bureau’s annual midyear (July 1) population estimates for the year.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in Iowa (IARGSP) from 1997 to 2024 about IA, GSP, real, industry, GDP, and USA.

This filtered view reports the most recent quarterly estimate for real gross domestic product (GDP) in Iowa. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. Real GDP values are reported in millions of 2012 chained dollars by the U.S. Department of Commerce, Bureau of Economic Analysis, but have been converted to 2012 chained dollars for the purposes of this filtered view. Data are only accurate to the nearest $100,000.

GDP is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

This report provides information on the market value of final goods & services produced in Iowa. The real gross domestic product (GDP) helps determine whether our economy is growing or is experiencing a recession. This report is based on estimates provided by the U.S. Department of Commerce, Bureau of Economic Analysis.

In 2020, the real GDP of Iowa decreased by about two percent compared to the previous year. The real GDP of Iowa grew the most in 2004, when it grew by 8.5 percent compared to the previous year.

Graph and download economic data for Total Gross Domestic Product for Iowa City, IA (MSA) (NGMP26980) from 2001 to 2023 about Iowa City, IA, industry, GDP, and USA.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa reporting using an annual rate. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Iowa GDP excludes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa.

Information about this release can be found here (https://www.bea.gov/data/gdp/gdp-state).

For information about BEA industries and other regional definitions, visit their Regional Economic Accounts: Regional Definitions website (https://apps.bea.gov/regional/definitions/).

This filtered view presents the change and change rate in real gross domestic product annual rate for the State of Iowa in dollars estimated quarterly. Estimated values are reported in millions of 2012 chained dollars were multiplied by 1,000,000 for use in measures and visualizations.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa. Quarterly GDP estimates are reported using annual rates, for ease of comparison. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Iowa GDP excludes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa.

This filtered view presents Real Gross Domestic Product for the retail trade sector in the State of Iowa by year beginning in 1997.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

Gross Domestic Product: All Industry Total in Iowa was 257020.80000 Mil. of $ in January of 2024, according to the United States Federal Reserve. Historically, Gross Domestic Product: All Industry Total in Iowa reached a record high of 257020.80000 in January of 2024 and a record low of 82808.80000 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Gross Domestic Product: All Industry Total in Iowa - last updated from the United States Federal Reserve on July of 2025.

This measure reports the change rate for the Iowa Real Gross Domestic Product quarterly estimate.

Graph and download economic data for Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Iowa (IAAGRNQGSP) from Q1 2005 to Q4 2024 about hunting, forestry, fishing, agriculture, IA, GSP, private industries, private, industry, GDP, and USA.

This filtered view presents Real Gross Domestic Product for the educational services sector in the State of Iowa by year beginning in 1997.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

This filtered view presents Real Gross Domestic Product for the accommodation and food services sector and its subsectors in the State of Iowa by year beginning in 1997.

Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars.

Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in millions of chained dollars, but have been multiplied by 1,000,000 to display in dollars for visualization purposes. Values are only accurate to the nearest $100,000.

Chain-Type Quantity Index for Real GDP: Private Industries in Iowa was 108.47500 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Private Industries in Iowa reached a record high of 109.14200 in January of 2023 and a record low of 61.96700 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Private Industries in Iowa - last updated from the United States Federal Reserve on July of 2025.