This filtered view presents per capita real Gross Domestic Product for the State of Iowa by year beginning in 1997. Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within Iowa in a particular period of time. In concept, an industry's GDP by state, referred to as its "value added", is equivalent to its gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus its intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). The Iowa GDP a state counterpart to the Nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity. Iowa GDP differs from national GDP for the following reasons: Iowa GDP excludes and national GDP includes the compensation of federal civilian and military personnel stationed abroad and government consumption of fixed capital for military structures located abroad and for military equipment, except office equipment; and Iowa GDP and national GDP have different revision schedules. GDP is reported in millions of current dollars. Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The real estimates of gross domestic product (GDP) are measured in chained 2012 dollars. The per capita real GDP is calculated by dividing the Real GDP by the U.S. Census Bureau's midyear (July 1) population estimates for Iowa.
This dataset has the following 3 columns:
Column Name | API Column Name | Data Type | Description | Sample Values |
---|---|---|---|---|
Year | date | calendar_date | Year associated with the reported per capita real GDP. | 2007-12-31T00:00:00.000 1999-12-31T00:00:00.000 2013-12-31T00:00:00.000 2008-12-31T00:00:00.000 2004-12-31T00:00:00.000 view top 100 |
Iowa Per Capita Real GDP | value | number | Real GDP is an inflation-adjusted measure of Iowa's gross product that is based on national prices for the goods and services produced within Iowa. The per capita GDP is calculated by dividing the Iowa Real GDP by the U.S. Census Bureau's midyear (July 1) population estimates. Values reported in chained 2012 dollars. | 53580.0 48013.0 47314.0 50764.0 49016.0 view top 100 |
Variable Code | variable_code | text | Unique identifier for the variable reported | SAGDP10N-1 view top 100 |