US states by GDP by industry: finance and insurance

New York had the highest GDP by industry: finance and insurance of 51 states in 2014, at $271.94 billion. Wyoming had the lowest, at $899.5 million. The median was $12.42 billion and the figure for the United States was $1.3 trillion. Source: the U.S. Bureau of Economic Analysis.

Keep it in a collection in your library.
Highest271,943New York
Lowest899.5Wyoming
Median12,423.451 states
United States1,295,691History

Map of states, 2014

Alabama: 12,251.2 USD millionAlaska: 1,287.2 USD millionArizona: 19,076 USD millionArkansas: 5,591.4 USD millionCalifornia: 122,055.3 USD millionColorado: 16,109.7 USD millionConnecticut: 32,638 USD millionDelaware: 21,985.7 USD millionDistrict of Columbia: 4,537.5 USD millionFlorida: 48,580 USD millionGeorgia: 40,779.8 USD millionHawaii: 2,761.9 USD millionIdaho: 2,746.1 USD millionIllinois: 75,475.8 USD millionIndiana: 18,362.2 USD millionIowa: 21,098.7 USD millionKansas: 8,413.8 USD millionKentucky: 9,727.5 USD millionLouisiana: 8,058.4 USD millionMaine: 3,268.2 USD millionMaryland: 17,818.3 USD millionMassachusetts: 41,322.8 USD millionMichigan: 23,013.7 USD millionMinnesota: 26,714.3 USD millionMississippi: 4,930.8 USD millionMissouri: 21,479.7 USD millionMontana: 2,099.4 USD millionNebraska: 10,470.5 USD millionNevada: 6,480.3 USD millionNew Hampshire: 6,434.8 USD millionNew Jersey: 32,374.4 USD millionNew Mexico: 3,005.9 USD millionNew York: 271,943 USD millionNorth Carolina: 40,069.7 USD millionNorth Dakota: 2,391.6 USD millionOhio: 51,700 USD millionOklahoma: 7,177.7 USD millionOregon: 8,699.5 USD millionPennsylvania: 44,330.8 USD millionRhode Island: 5,301.5 USD millionSouth Carolina: 8,585.2 USD millionSouth Dakota: 7,853.8 USD millionTennessee: 16,517.1 USD millionTexas: 80,203.5 USD millionUtah: 12,423.4 USD millionVermont: 1,805.3 USD millionVirginia: 22,765.5 USD millionWashington: 16,230.1 USD millionWest Virginia: 2,473.3 USD millionWisconsin: 23,372.5 USD millionWyoming: 899.5 USD million
  • Under 3,000
  • 3,000 to 8,000
  • 8,000 to 12K
  • 12K to 22K
  • 22K to 41K
  • 41K and over
USD million, 2014. Source: BEA, SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars. Boundaries: U.S. Census Bureau cartographic boundary files.

All states, 2014

New York: 271,943 USD millionNew York271,943California: 122,055.3 USD millionCalifornia122,055.3Texas: 80,203.5 USD millionTexas80,203.5Illinois: 75,475.8 USD millionIllinois75,475.8Ohio: 51,700 USD millionOhio51,700Florida: 48,580 USD millionFlorida48,580Pennsylvania: 44,330.8 USD millionPennsylvania44,330.8Massachusetts: 41,322.8 USD millionMassachusetts41,322.8Georgia: 40,779.8 USD millionGeorgia40,779.8North Carolina: 40,069.7 USD millionNorth Carolina40,069.7Connecticut: 32,638 USD millionConnecticut32,638New Jersey: 32,374.4 USD millionNew Jersey32,374.4Minnesota: 26,714.3 USD millionMinnesota26,714.3Wisconsin: 23,372.5 USD millionWisconsin23,372.5Michigan: 23,013.7 USD millionMichigan23,013.7Virginia: 22,765.5 USD millionVirginia22,765.5Delaware: 21,985.7 USD millionDelaware21,985.7Missouri: 21,479.7 USD millionMissouri21,479.7Iowa: 21,098.7 USD millionIowa21,098.7Arizona: 19,076 USD millionArizona19,076Indiana: 18,362.2 USD millionIndiana18,362.2Maryland: 17,818.3 USD millionMaryland17,818.3Tennessee: 16,517.1 USD millionTennessee16,517.1Washington: 16,230.1 USD millionWashington16,230.1Colorado: 16,109.7 USD millionColorado16,109.7Utah: 12,423.4 USD millionUtah12,423.4Alabama: 12,251.2 USD millionAlabama12,251.2Nebraska: 10,470.5 USD millionNebraska10,470.5Kentucky: 9,727.5 USD millionKentucky9,727.5Oregon: 8,699.5 USD millionOregon8,699.5South Carolina: 8,585.2 USD millionSouth Carolina8,585.2Kansas: 8,413.8 USD millionKansas8,413.8Louisiana: 8,058.4 USD millionLouisiana8,058.4South Dakota: 7,853.8 USD millionSouth Dakota7,853.8Oklahoma: 7,177.7 USD millionOklahoma7,177.7Nevada: 6,480.3 USD millionNevada6,480.3New Hampshire: 6,434.8 USD millionNew Hampshire6,434.8Arkansas: 5,591.4 USD millionArkansas5,591.4Rhode Island: 5,301.5 USD millionRhode Island5,301.5Mississippi: 4,930.8 USD millionMississippi4,930.8District of Columbia: 4,537.5 USD millionDistrict of Columbia4,537.5Maine: 3,268.2 USD millionMaine3,268.2New Mexico: 3,005.9 USD millionNew Mexico3,005.9Hawaii: 2,761.9 USD millionHawaii2,761.9Idaho: 2,746.1 USD millionIdaho2,746.1West Virginia: 2,473.3 USD millionWest Virginia2,473.3North Dakota: 2,391.6 USD millionNorth Dakota2,391.6Montana: 2,099.4 USD millionMontana2,099.4Vermont: 1,805.3 USD millionVermont1,805.3Alaska: 1,287.2 USD millionAlaska1,287.2Wyoming: 899.5 USD millionWyoming899.5New York: 271,943 USD millionNew York271,943California: 122,055.3 USD millionCalifornia122,055.3Texas: 80,203.5 USD millionTexas80,203.5Illinois: 75,475.8 USD millionIllinois75,475.8Ohio: 51,700 USD millionOhio51,700Florida: 48,580 USD millionFlorida48,580Pennsylvania: 44,330.8 USD millionPennsylvania44,330.8Massachusetts: 41,322.8 USD millionMassachusetts41,322.8Georgia: 40,779.8 USD millionGeorgia40,779.8North Carolina: 40,069.7 USD millionNorth Carolina40,069.7Connecticut: 32,638 USD millionConnecticut32,638New Jersey: 32,374.4 USD millionNew Jersey32,374.4Minnesota: 26,714.3 USD millionMinnesota26,714.3Wisconsin: 23,372.5 USD millionWisconsin23,372.5Michigan: 23,013.7 USD millionMichigan23,013.7Virginia: 22,765.5 USD millionVirginia22,765.5Delaware: 21,985.7 USD millionDelaware21,985.7Missouri: 21,479.7 USD millionMissouri21,479.7Iowa: 21,098.7 USD millionIowa21,098.7Arizona: 19,076 USD millionArizona19,076Indiana: 18,362.2 USD millionIndiana18,362.2Maryland: 17,818.3 USD millionMaryland17,818.3Tennessee: 16,517.1 USD millionTennessee16,517.1Washington: 16,230.1 USD millionWashington16,230.1Colorado: 16,109.7 USD millionColorado16,109.7Utah: 12,423.4 USD millionUtah12,423.4Alabama: 12,251.2 USD millionAlabama12,251.2Nebraska: 10,470.5 USD millionNebraska10,470.5Kentucky: 9,727.5 USD millionKentucky9,727.5Oregon: 8,699.5 USD millionOregon8,699.5South Carolina: 8,585.2 USD millionSouth Carolina8,585.2Kansas: 8,413.8 USD millionKansas8,413.8Louisiana: 8,058.4 USD millionLouisiana8,058.4South Dakota: 7,853.8 USD millionSouth Dakota7,853.8Oklahoma: 7,177.7 USD millionOklahoma7,177.7Nevada: 6,480.3 USD millionNevada6,480.3New Hampshire: 6,434.8 USD millionNew Hampshire6,434.8Arkansas: 5,591.4 USD millionArkansas5,591.4Rhode Island: 5,301.5 USD millionRhode Island5,301.5Mississippi: 4,930.8 USD millionMississippi4,930.8District of Columbia: 4,537.5 USD millionDistrict of Columbia4,537.5Maine: 3,268.2 USD millionMaine3,268.2New Mexico: 3,005.9 USD millionNew Mexico3,005.9Hawaii: 2,761.9 USD millionHawaii2,761.9Idaho: 2,746.1 USD millionIdaho2,746.1West Virginia: 2,473.3 USD millionWest Virginia2,473.3North Dakota: 2,391.6 USD millionNorth Dakota2,391.6Montana: 2,099.4 USD millionMontana2,099.4Vermont: 1,805.3 USD millionVermont1,805.3Alaska: 1,287.2 USD millionAlaska1,287.2Wyoming: 899.5 USD millionWyoming899.5
USD million. Source: BEA, SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars. Retrieved 2026-10-12.

Full ranking

RankStates2014
USD million
Change on 2013
1New York271,943+12.7%
2California122,055.3+8.6%
3Texas80,203.5+11.1%
4Illinois75,475.8+15.1%
5Ohio51,700+18.6%
6Florida48,580+8.3%
7Pennsylvania44,330.8+12.1%
8Massachusetts41,322.8+4.5%
9Georgia40,779.8+13.8%
10North Carolina40,069.7+11%
11Connecticut32,638+10%
12New Jersey32,374.4-13.7%
13Minnesota26,714.3+16.4%
14Wisconsin23,372.5+26.9%
15Michigan23,013.7+18.2%
16Virginia22,765.5+7.8%
17Delaware21,985.7+35.7%
18Missouri21,479.7+6.5%
19Iowa21,098.7+33.9%
20Arizona19,076+1.9%
21Indiana18,362.2+45.3%
22Maryland17,818.3+16.2%
23Tennessee16,517.1+13.3%
24Washington16,230.1+6.8%
25Colorado16,109.7+3.1%
26Utah12,423.4+12.3%
27Alabama12,251.2+12.4%
28Nebraska10,470.5+28.6%
29Kentucky9,727.5+14%
30Oregon8,699.5+20.7%
31South Carolina8,585.2+11.1%
32Kansas8,413.8+12.3%
33Louisiana8,058.4+20.8%
34South Dakota7,853.8+14.3%
35Oklahoma7,177.7+16.1%
36Nevada6,480.3+2.8%
37New Hampshire6,434.8+27.2%
38Arkansas5,591.4+15.3%
39Rhode Island5,301.5+20.6%
40Mississippi4,930.8+11.9%
41District of Columbia4,537.5+9.7%
42Maine3,268.2+7.6%
43New Mexico3,005.9+24.6%
44Hawaii2,761.9+16.3%
45Idaho2,746.1+14.9%
46West Virginia2,473.3+11.5%
47North Dakota2,391.6+32.3%
48Montana2,099.4+11.1%
49Vermont1,805.3+36.5%
50Alaska1,287.2+9.6%
51Wyoming899.5+13.9%

Other periods

About this ranking

Value added by finance and insurance (NAICS 52), 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 51.

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.

Every value in the ranking comes from the same publisher and the same period, so the states are compared on one definition. Equal values share a rank.

How to cite

U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), 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, Finance and insurance (NAICS 52), millions of current dollars (US states by GDP by industry: finance and insurance, 2014) [Data set]. Retrieved October 12, 2026, from https://apps.bea.gov/regional/zip/SAGDP.zip

MLA 9

SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars, US states by GDP by industry: finance and insurance, 2014. U.S. Bureau of Economic Analysis, 30 Sept. 2026, https://apps.bea.gov/regional/zip/SAGDP.zip. Invokely, https://invokely.ai/rankings/gdp-by-industry-finance-insurance/us-states?period=2014. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Bureau of Economic Analysis. 2026. SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars. US states by GDP by industry: finance and insurance, 2014. Dataset. Accessed October 12, 2026. https://apps.bea.gov/regional/zip/SAGDP.zip. Also distributed by Invokely, https://invokely.ai/rankings/gdp-by-industry-finance-insurance/us-states?period=2014.

Harvard

U.S. Bureau of Economic Analysis (2026) SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars, US states by GDP by industry: finance and insurance, 2014 [Dataset]. Available at: https://apps.bea.gov/regional/zip/SAGDP.zip, via Invokely: https://invokely.ai/rankings/gdp-by-industry-finance-insurance/us-states?period=2014 (Accessed: 12 October 2026).

BibTeX
@misc{bureau_us_states_by_gdp_2014,
  author = {{U.S. Bureau of Economic Analysis}},
  title = {{SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars: US states by GDP by industry: finance and insurance, 2014}},
  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/rankings/gdp-by-industry-finance-insurance/us-states?period=2014. Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), 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, Finance and insurance (NAICS 52), millions of current dollars: US states by GDP by industry: finance and insurance, 2014
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/rankings/gdp-by-industry-finance-insurance/us-states?period=2014
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/gdp-by-industry-finance-insurance/us-states?period=2014.
N1  - Publisher attribution: U.S. Bureau of Economic Analysis. SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars. https://apps.bea.gov/regional/zip/SAGDP.zip. Retrieved 2026-10-12.
ER  - 
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Questions

Which state has the highest GDP by industry: finance and insurance?

New York, with $271.94 billion in 2014, according to the U.S. Bureau of Economic Analysis.

Which state has the lowest GDP by industry: finance and insurance?

Wyoming, with $899.5 million in 2014.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: U.S. Bureau of Economic Analysis, SAGDP2: gross domestic product (GDP) by state, Finance and insurance (NAICS 52), millions of current dollars. Retrieved 2026-10-12.

US states: more rankings