What was GDP in 2012?

$16,254,000 million
GDP grows 2.3% in United States The GDP figure in 2012 was $16,254,000 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $654,300 million with respect to 2011.

How much does Alaska contribute to GDP?

Alaska GDP represents 0.25% of US GDP which made it the 47th largest state economy in the nation in 2019.

What was the GDP in 1945?

$0.228
U.S. GDP by Year Since 1929 Compared to Major Events

U.S. GDP
1944 $0.224 Bretton Woods
1945 $0.228 WWII ended, recession
1946 $0.228 Truman budget cuts
1947 $0.250 Cold War began

What is Alaska’s gross state product?

Gross Domestic Product: All Industry Total in Alaska (AKNGSP) Download

2020: 49,820.0
2019: 54,547.1
2018: 54,711.7
2017: 53,089.3
2016: 50,727.7

What was the real Gross Domestic Product GDP in 2013?

$558.4 billion
Current-dollar GDP increased 3.4 percent, or $558.4 billion, in 2013, compared with an increase of 4.6 percent, or $710.8 billion, in 2012.

Why is Alaska’s GDP so high?

The single largest component of Alaska’s GDP is mining, and most of that is oil.

What is Alaska’s biggest industry?

The oil and gas industry is the largest component of Alaska’s economy. Nearly 85 percent of the state budget is supplied by oil revenues. The fortunes of Alaska’s oil industry, and therefore many sectors of the economy, are dependent upon world oil prices.

What is included in gross state product?

Gross State Product (GSP) The value of all of a goods and services produced within the state (the state-level equivalent of GDP). GSP includes all final products and services during a specific time period which has been produced by the state’s inhabitants.

What is Alaska’s main export?

The state’s largest manufacturing export category is petroleum & coal products, which accounted for $201 million of Alaska’s total goods exports in 2018.