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SIOUX FALLS, S.D. (KELO.com) — South Dakota is the most dependent state in the nation upon agriculture to fuel its economy.
That’s according to a new study by Commodity.com.
The analysis found that farming accounts for 5.78% of total South Dakota GDP.
That compares to just 0.63% of the total U.S. GDP.
Farming jobs also contribute 5.07% of total employment in South Dakota, compared to 1.28% of all U.S. jobs.
Additional findings:
Overall, South Dakota’s economy is most dependent on agriculture.
Here is a summary of the data for South Dakota:
- Farming share of GDP: 5.78%
- Farming share of total employment: 5.07%
- Total farming GDP: $3,174,300,000
- Total farming employment: 31,273
For reference, here are the statistics for the entire United States:
- Farming share of GDP: 0.63%
- Farming share of total employment: 1.28%
- Total farming GDP: $136,080,000,000
- Total farming employment: 2,601,000
For more information, a detailed methodology, and complete results, you can find the original report on Commodity.com’s website: https://commodity.com/blog/state-economies-agriculture/
