GDP by industry: mining, oil and gas in Virginia

GDP by industry: mining, oil and gas in Virginia was $2.32 billion in 2025, according to the U.S. Bureau of Economic Analysis. That is up 15.2% from 2024. That is the 18th highest of 51 states in 2025.

2025, USD million2,315.7

Change on 2024+15.2%

Rank18th of 51US states ranked

Series high2,664.82008

Series low921.81997

Next release: Wednesday, 31 March 2027, 08:30 ET, announced by BEA. Release calendar

GDP by industry: mining, oil and gas in Virginia, 1997 to 2025

USD million. Source: BEA, SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. Retrieved 2026-10-12, published 2026-09-30.

All 29 values

Period	USD million
2025	2,315.7
2024	2,010.2
2023	2,227.9
2022	2,507.8
2021	1,901.3
2020	1,345.6
2019	1,468.9
2018	1,424.8
2017	1,379
2016	1,056.8
2015	1,280.6
2014	1,549
2013	1,814.9
2012	2,203.2
2011	2,547.9
2010	2,552.4
2009	2,155.1
2008	2,664.8
2007	2,271.6
2006	2,294.1
2005	1,758
2004	1,506
2003	1,186.8
2002	1,010.8
2001	1,091.3
2000	997.3
1999	947.4
1998	979
1997	921.8

Compared with United States

Place	2025
Virginia	2,315.7
United States	398,662

Rankings

US states by GDP by industry: mining, oil and gas 51 places

Definition

Value added by mining, quarrying, and oil and gas extraction (NAICS 21), the industry's contribution to gross domestic product (GDP), in millions of current US dollars. United States and states: Bureau of Economic Analysis GDP by state, table SAGDP2, line 6.

Value added in mining and oil and gas extraction moves with oil, gas and metal prices, so large changes between years are common. Millions of current US dollars, not adjusted for inflation; for real growth of the whole economy use gdp_growth. Industries are the sectors of the 2017 North American Industry Classification System (NAICS), counted where production takes place. The 20 sector values of a place add up to its gdp_usd, apart from rounding. BEA leaves out values that would disclose a single company, marked (D), and values below $50,000, marked (L); they are missing here, not zero.

How to cite

U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Bureau of Economic Analysis. (2026). SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars (GDP by industry: mining, oil and gas, Virginia, 1997 to 2025) [Data set]. Retrieved October 12, 2026, from https://apps.bea.gov/regional/zip/SAGDP.zip

MLA 9

SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars, GDP by industry: mining, oil and gas, Virginia, 1997 to 2025. U.S. Bureau of Economic Analysis, 30 Sept. 2026, https://apps.bea.gov/regional/zip/SAGDP.zip. Invokely, https://invokely.ai/en/gdp-by-industry-mining/virginia. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Bureau of Economic Analysis. 2026. SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. GDP by industry: mining, oil and gas, Virginia, 1997 to 2025. Dataset. Accessed October 12, 2026. https://apps.bea.gov/regional/zip/SAGDP.zip. Also distributed by Invokely, https://invokely.ai/en/gdp-by-industry-mining/virginia.

Harvard

U.S. Bureau of Economic Analysis (2026) SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars, GDP by industry: mining, oil and gas, Virginia, 1997 to 2025 [Dataset]. Available at: https://apps.bea.gov/regional/zip/SAGDP.zip, via Invokely: https://invokely.ai/en/gdp-by-industry-mining/virginia (Accessed: 12 October 2026).

BibTeX

@misc{bureau_gdp_by_industry_mining_2025,
  author = {{U.S. Bureau of Economic Analysis}},
  title = {{SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars: GDP by industry: mining, oil and gas, Virginia, 1997 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://apps.bea.gov/regional/zip/SAGDP.zip},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/gdp-by-industry-mining/virginia. Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.},
}

RIS

TY  - DATA
AU  - U.S. Bureau of Economic Analysis
TI  - SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars: GDP by industry: mining, oil and gas, Virginia, 1997 to 2025
PY  - 2026
DA  - 2026/09/30
PB  - U.S. Bureau of Economic Analysis
DB  - Invokely
UR  - https://apps.bea.gov/regional/zip/SAGDP.zip
L2  - https://invokely.ai/en/gdp-by-industry-mining/virginia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/gdp-by-industry-mining/virginia.
N1  - Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.
ER  -

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Questions

What is the GDP by industry: mining, oil and gas in Virginia?

Where does this figure come from?

U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Mining, quarrying, and oil and gas extraction (NAICS 21), millions of current dollars. Retrieved by Invokely on 2026-10-12.

What was the highest GDP by industry: mining, oil and gas in Virginia?

$2.66 billion in 2008, the highest value since 1997 in this series.

GDP by industry: mining, oil and gas elsewhere in United States

Related statistics for Virginia

All statistics for Virginia | Virginia in figures