# GDP by industry: retail trade in Minnesota

GDP by industry: retail trade in Minnesota was $29.16 billion in 2025. Source: U.S. Bureau of Economic Analysis.

- Indicator id: `gdp_by_industry_usd_retail_trade`
- Place id: `us-state-27`
- Unit: USD million
- Definition: Value added by retail trade (NAICS 44-45), 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 35.
- Note: Value added is sales minus the cost of goods sold and other inputs, so it is much smaller than retail sales. 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, Retail trade (NAICS 44-45), 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, Retail trade (NAICS 44-45), 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-retail-trade/minnesota
- API: https://invokely.ai/api/v1/series?indicator=gdp_by_industry_usd_retail_trade&place=us-state-27

| Period | USD million |
|---|---:|
| 2025 | 29,160.5 |
| 2024 | 28,813.3 |
| 2023 | 27,750 |
| 2022 | 26,543.1 |
| 2021 | 24,688.9 |
| 2020 | 22,450.5 |
| 2019 | 21,919.5 |
| 2018 | 21,491.1 |
| 2017 | 20,783.3 |
| 2016 | 19,905.3 |
| 2015 | 18,795.7 |
| 2014 | 17,787.6 |
| 2013 | 17,382.5 |
| 2012 | 15,686.2 |
| 2011 | 15,228.7 |
| 2010 | 14,985.4 |
| 2009 | 14,052.7 |
| 2008 | 14,271.2 |
| 2007 | 14,229 |
| 2006 | 14,405.1 |
| 2005 | 14,371.3 |
| 2004 | 13,941.8 |
| 2003 | 13,369.1 |
| 2002 | 12,780.4 |
| 2001 | 12,675.2 |
| 2000 | 12,156.9 |
| 1999 | 11,257.6 |
| 1998 | 11,049.4 |
| 1997 | 10,060.8 |