# GDP by industry: real estate, rental and leasing in North Dakota

GDP by industry: real estate, rental and leasing in North Dakota was $7.59 billion in 2025. Source: U.S. Bureau of Economic Analysis.

- Indicator id: `gdp_by_industry_usd_real_estate`
- Place id: `us-state-38`
- Unit: USD million
- Definition: Value added by real estate and rental and leasing (NAICS 53), 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 56.
- Note: Includes the rental value of owner-occupied homes, which BEA imputes as if owners rented their homes to themselves. That is why real estate is often the largest industry in a state: in 2025 it was in 24 of the 50 states and the District of Columbia. 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.
- Source: U.S. Bureau of Economic Analysis, SAGDP2: gross domestic product (GDP) by state, Real estate and rental and leasing (NAICS 53), millions of current dollars (https://apps.bea.gov/regional/zip/SAGDP.zip)
- Publisher page: https://invokely.ai/en/publishers/bureau-of-economic-analysis
- Retrieved: 2026-10-12
- License: Public domain (US federal government work, citation requested, no implied BEA endorsement)
- Citation: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Real estate and rental and leasing (NAICS 53), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/gdp-by-industry-real-estate/north-dakota
- API: https://invokely.ai/api/v1/series?indicator=gdp_by_industry_usd_real_estate&place=us-state-38

| Period | USD million |
|---|---:|
| 2025 | 7,594.4 |
| 2024 | 7,170.6 |
| 2023 | 6,658.7 |
| 2022 | 5,802.6 |
| 2021 | 5,536.1 |
| 2020 | 5,790.4 |
| 2019 | 5,736.2 |
| 2018 | 5,959.9 |
| 2017 | 5,919 |
| 2016 | 6,080.5 |
| 2015 | 6,310.5 |
| 2014 | 6,184.1 |
| 2013 | 5,586.7 |
| 2012 | 4,914.6 |
| 2011 | 3,955.3 |
| 2010 | 3,296.1 |
| 2009 | 3,221.4 |
| 2008 | 3,126.8 |
| 2007 | 2,952.7 |
| 2006 | 2,543.5 |
| 2005 | 2,439.9 |
| 2004 | 2,274.5 |
| 2003 | 2,120.4 |
| 2002 | 2,056.7 |
| 2001 | 1,928.1 |
| 2000 | 1,832 |
| 1999 | 1,638 |
| 1998 | 1,456.9 |
| 1997 | 1,417.7 |