US states by GDP by industry: finance and insurance

New York had the highest GDP by industry: finance and insurance of 51 states in 2017, at $320.46 billion. Wyoming had the lowest, at $1.06 billion. The median was $15.37 billion and the figure for the United States was $1.51 trillion. Source: the U.S. Bureau of Economic Analysis.

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Highest320,457.4New York
Lowest1,060.8Wyoming
Median15,374.951 states
United States1,508,011History

Map of states, 2017

Alabama: 12,207.1 USD millionAlaska: 1,359.1 USD millionArizona: 24,472 USD millionArkansas: 5,940.6 USD millionCalifornia: 135,161.3 USD millionColorado: 20,335.2 USD millionConnecticut: 46,917.1 USD millionDelaware: 19,905.1 USD millionDistrict of Columbia: 5,818.6 USD millionFlorida: 58,444 USD millionGeorgia: 47,255.7 USD millionHawaii: 3,204.2 USD millionIdaho: 3,377 USD millionIllinois: 80,789.5 USD millionIndiana: 21,097.2 USD millionIowa: 26,574.1 USD millionKansas: 9,499 USD millionKentucky: 11,684.8 USD millionLouisiana: 10,881.5 USD millionMaine: 4,215.6 USD millionMaryland: 21,293.4 USD millionMassachusetts: 47,642.9 USD millionMichigan: 24,728.9 USD millionMinnesota: 28,932.9 USD millionMississippi: 5,149 USD millionMissouri: 23,584 USD millionMontana: 2,429.9 USD millionNebraska: 15,005.1 USD millionNevada: 8,383.9 USD millionNew Hampshire: 6,616.1 USD millionNew Jersey: 37,013.5 USD millionNew Mexico: 3,281.1 USD millionNew York: 320,457.4 USD millionNorth Carolina: 46,884.3 USD millionNorth Dakota: 2,739.9 USD millionOhio: 64,314.4 USD millionOklahoma: 7,669.3 USD millionOregon: 10,816.6 USD millionPennsylvania: 51,882.4 USD millionRhode Island: 6,070.3 USD millionSouth Carolina: 10,462.5 USD millionSouth Dakota: 9,533.2 USD millionTennessee: 20,961 USD millionTexas: 88,248 USD millionUtah: 15,374.9 USD millionVermont: 1,844.2 USD millionVirginia: 27,253.2 USD millionWashington: 19,087.9 USD millionWest Virginia: 2,700.5 USD millionWisconsin: 27,450.5 USD millionWyoming: 1,060.8 USD million
  • Under 4,000
  • 4,000 to 9,000
  • 9,000 to 15K
  • 15K to 25K
  • 25K to 47K
  • 47K and over
USD million, 2017. 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, 2017

New York: 320,457.4 USD millionNew York320,457.4California: 135,161.3 USD millionCalifornia135,161.3Texas: 88,248 USD millionTexas88,248Illinois: 80,789.5 USD millionIllinois80,789.5Ohio: 64,314.4 USD millionOhio64,314.4Florida: 58,444 USD millionFlorida58,444Pennsylvania: 51,882.4 USD millionPennsylvania51,882.4Massachusetts: 47,642.9 USD millionMassachusetts47,642.9Georgia: 47,255.7 USD millionGeorgia47,255.7Connecticut: 46,917.1 USD millionConnecticut46,917.1North Carolina: 46,884.3 USD millionNorth Carolina46,884.3New Jersey: 37,013.5 USD millionNew Jersey37,013.5Minnesota: 28,932.9 USD millionMinnesota28,932.9Wisconsin: 27,450.5 USD millionWisconsin27,450.5Virginia: 27,253.2 USD millionVirginia27,253.2Iowa: 26,574.1 USD millionIowa26,574.1Michigan: 24,728.9 USD millionMichigan24,728.9Arizona: 24,472 USD millionArizona24,472Missouri: 23,584 USD millionMissouri23,584Maryland: 21,293.4 USD millionMaryland21,293.4Indiana: 21,097.2 USD millionIndiana21,097.2Tennessee: 20,961 USD millionTennessee20,961Colorado: 20,335.2 USD millionColorado20,335.2Delaware: 19,905.1 USD millionDelaware19,905.1Washington: 19,087.9 USD millionWashington19,087.9Utah: 15,374.9 USD millionUtah15,374.9Nebraska: 15,005.1 USD millionNebraska15,005.1Alabama: 12,207.1 USD millionAlabama12,207.1Kentucky: 11,684.8 USD millionKentucky11,684.8Louisiana: 10,881.5 USD millionLouisiana10,881.5Oregon: 10,816.6 USD millionOregon10,816.6South Carolina: 10,462.5 USD millionSouth Carolina10,462.5South Dakota: 9,533.2 USD millionSouth Dakota9,533.2Kansas: 9,499 USD millionKansas9,499Nevada: 8,383.9 USD millionNevada8,383.9Oklahoma: 7,669.3 USD millionOklahoma7,669.3New Hampshire: 6,616.1 USD millionNew Hampshire6,616.1Rhode Island: 6,070.3 USD millionRhode Island6,070.3Arkansas: 5,940.6 USD millionArkansas5,940.6District of Columbia: 5,818.6 USD millionDistrict of Columbia5,818.6Mississippi: 5,149 USD millionMississippi5,149Maine: 4,215.6 USD millionMaine4,215.6Idaho: 3,377 USD millionIdaho3,377New Mexico: 3,281.1 USD millionNew Mexico3,281.1Hawaii: 3,204.2 USD millionHawaii3,204.2North Dakota: 2,739.9 USD millionNorth Dakota2,739.9West Virginia: 2,700.5 USD millionWest Virginia2,700.5Montana: 2,429.9 USD millionMontana2,429.9Vermont: 1,844.2 USD millionVermont1,844.2Alaska: 1,359.1 USD millionAlaska1,359.1Wyoming: 1,060.8 USD millionWyoming1,060.8New York: 320,457.4 USD millionNew York320,457.4California: 135,161.3 USD millionCalifornia135,161.3Texas: 88,248 USD millionTexas88,248Illinois: 80,789.5 USD millionIllinois80,789.5Ohio: 64,314.4 USD millionOhio64,314.4Florida: 58,444 USD millionFlorida58,444Pennsylvania: 51,882.4 USD millionPennsylvania51,882.4Massachusetts: 47,642.9 USD millionMassachusetts47,642.9Georgia: 47,255.7 USD millionGeorgia47,255.7Connecticut: 46,917.1 USD millionConnecticut46,917.1North Carolina: 46,884.3 USD millionNorth Carolina46,884.3New Jersey: 37,013.5 USD millionNew Jersey37,013.5Minnesota: 28,932.9 USD millionMinnesota28,932.9Wisconsin: 27,450.5 USD millionWisconsin27,450.5Virginia: 27,253.2 USD millionVirginia27,253.2Iowa: 26,574.1 USD millionIowa26,574.1Michigan: 24,728.9 USD millionMichigan24,728.9Arizona: 24,472 USD millionArizona24,472Missouri: 23,584 USD millionMissouri23,584Maryland: 21,293.4 USD millionMaryland21,293.4Indiana: 21,097.2 USD millionIndiana21,097.2Tennessee: 20,961 USD millionTennessee20,961Colorado: 20,335.2 USD millionColorado20,335.2Delaware: 19,905.1 USD millionDelaware19,905.1Washington: 19,087.9 USD millionWashington19,087.9Utah: 15,374.9 USD millionUtah15,374.9Nebraska: 15,005.1 USD millionNebraska15,005.1Alabama: 12,207.1 USD millionAlabama12,207.1Kentucky: 11,684.8 USD millionKentucky11,684.8Louisiana: 10,881.5 USD millionLouisiana10,881.5Oregon: 10,816.6 USD millionOregon10,816.6South Carolina: 10,462.5 USD millionSouth Carolina10,462.5South Dakota: 9,533.2 USD millionSouth Dakota9,533.2Kansas: 9,499 USD millionKansas9,499Nevada: 8,383.9 USD millionNevada8,383.9Oklahoma: 7,669.3 USD millionOklahoma7,669.3New Hampshire: 6,616.1 USD millionNew Hampshire6,616.1Rhode Island: 6,070.3 USD millionRhode Island6,070.3Arkansas: 5,940.6 USD millionArkansas5,940.6District of Columbia: 5,818.6 USD millionDistrict of Columbia5,818.6Mississippi: 5,149 USD millionMississippi5,149Maine: 4,215.6 USD millionMaine4,215.6Idaho: 3,377 USD millionIdaho3,377New Mexico: 3,281.1 USD millionNew Mexico3,281.1Hawaii: 3,204.2 USD millionHawaii3,204.2North Dakota: 2,739.9 USD millionNorth Dakota2,739.9West Virginia: 2,700.5 USD millionWest Virginia2,700.5Montana: 2,429.9 USD millionMontana2,429.9Vermont: 1,844.2 USD millionVermont1,844.2Alaska: 1,359.1 USD millionAlaska1,359.1Wyoming: 1,060.8 USD millionWyoming1,060.8
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

RankStates2017
USD million
Change on 2016
1New York320,457.4+5.4%
2California135,161.3+4.3%
3Texas88,248-5.7%
4Illinois80,789.5-3.1%
5Ohio64,314.4+8%
6Florida58,444+6.7%
7Pennsylvania51,882.4+2.6%
8Massachusetts47,642.9-2.2%
9Georgia47,255.7+5%
10Connecticut46,917.1+14%
11North Carolina46,884.3+1.1%
12New Jersey37,013.5-2.4%
13Minnesota28,932.9-4.1%
14Wisconsin27,450.5-1.1%
15Virginia27,253.2+4.7%
16Iowa26,574.1-7.3%
17Michigan24,728.9-10.5%
18Arizona24,472+8.2%
19Missouri23,584+0.4%
20Maryland21,293.4-1.4%
21Indiana21,097.2+3.7%
22Tennessee20,961+6.3%
23Colorado20,335.2+7.9%
24Delaware19,905.1-8%
25Washington19,087.9-2.1%
26Utah15,374.9+3.7%
27Nebraska15,005.1+19.7%
28Alabama12,207.1-3.6%
29Kentucky11,684.8-0.3%
30Louisiana10,881.5+6.6%
31Oregon10,816.6+2.7%
32South Carolina10,462.5+5.9%
33South Dakota9,533.2+6.7%
34Kansas9,499-3.5%
35Nevada8,383.9+1%
36Oklahoma7,669.3-1%
37New Hampshire6,616.1-8.3%
38Rhode Island6,070.3+2.8%
39Arkansas5,940.6-3.2%
40District of Columbia5,818.6+7.3%
41Mississippi5,149-2.7%
42Maine4,215.6+13.7%
43Idaho3,377+9.5%
44New Mexico3,281.1-2.2%
45Hawaii3,204.2+4%
46North Dakota2,739.9+0.9%
47West Virginia2,700.5-0.4%
48Montana2,429.9+3.2%
49Vermont1,844.2+4.3%
50Alaska1,359.1+13.8%
51Wyoming1,060.8+3.7%

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, 2017) [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, 2017. 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=2017. 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, 2017. 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=2017.

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, 2017 [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=2017 (Accessed: 12 October 2026).

BibTeX
@misc{bureau_us_states_by_gdp_2017,
  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, 2017}},
  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=2017. 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, 2017
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=2017
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/gdp-by-industry-finance-insurance/us-states?period=2017.
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 $320.46 billion in 2017, according to the U.S. Bureau of Economic Analysis.

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

Wyoming, with $1.06 billion in 2017.

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.

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