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Economic Summary of South Dakota

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The GDP for South Dakota was $42 billion in 2012[1]. South Dakota had an estimated population of 833 thousand as of 2012[2]. The GDP per capita was $43,181 in 2012[3].

Counties

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There are 66 counties in South Dakota. Below are the top ten localities ranked by population in 2010.[4]

Rank Locality Population 2010
1 Minnehala 169,468
2 Pennington 100,948
3 Lincoln 44,828
4 Brown 36,531
5 Brookings 31,965
6 Codington 27,227
7 Meade 25,434
8 Lawrence 24,097
9 Yankton 22,438
10 Davidson 19,504

Cities

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Top 10 cities in South Dakota by estimated city proper population in 2010.[5]

Rank City Locality Population 2010
1 Sioux Falls 153,888
2 Rapid City 67,956
3 Aberdeen 26,091
4 Brookings 22,056
5 Watertown 21,482
6 Mitchell 15,254
7 Yankton 14,454
8 Pierre 13,646
9 Huron 12,592
10 Vermillion 10,571

Industries

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South Dakota industries by GDP 2012.[6]

Industry GDP value added $ billions 2012 % of total GDP
Finance and insurance 6.75 15.90%
Government 5.24 12.34%
Agriculture, forestry, fishing and hunting 4.38 10.32%
Health care and social assistance 3.73 8.78%
Real estate and rental leasing 3.44 8.10%
Retail trade 2.98 7.02%
Durable manufacturing 2.75 6.48%
Wholesale trade 2.55 6.01%
Construction 1.44 3.39%
Non-durable manufacturing 1.26 2.97%
Transportation and warehousing 1.04 2.45%
Information 1.04 2.45%
Professional, scientific, and technical services 1.20 2.83%
Accommodation and food services 1.16 2.73%
Other private services 0.94 2.21%
Utilities 0.71 1.67%
Administrative and waste support services 0.61 1.44%
Management of companies and enterprises 0.48 1.13%
Arts, entertainment, and recreation 0.33 0.78%
Educational services 0.28 0.66%
Mining 0.13 0.31%
Total 42.46 100%

Employment

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South Dakota employment by industry in June 2013.[7]

Industry Employment thousands June 2013 Percent of total employment
Trade, transportation and utilities 85.0 20.31%
Government 77.3 18.47%
Education & health services 68.8 16.44%
Leisure & hospitality 46.3 11.06%
Manufacturing 42.0 10.03%
Financial activities 29.6 7.07%
Professional & business services 28.3 6.76%
Mining, logging and construction 19.8 4.73%
Other services 15.5 3.70%
Information 6.0 1.43%
Total non-farm 418.6 100%

Corporations

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Top 10 South Dakota based corporations by revenue in 2012[8]

There are no Fortune 500 companies in South Dakota. No companies had a revenue over 4.769 billion in 2012.

Rank Corporation Revenue $ millions 2012 Profit $ millions 2012 Assets 2012 Debt Ratio 2012 Headquarters Employees 2012 Market cap 3/29/12 $ billions Industry
1
2
3
4
5
6
7
8
9
10

Government Finances

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In 2011, the state government of South Dakota had total revenue of _____ billion. Total expenditures were _____ billion.[9]

The total debt outstanding in 2011 was _____ billion[10] (____% of GDP[11]).

The total cash and security holdings in 2011 was _____ billion[12].

Revenue by Source $ millions Percent of revenue
Intergovernmental revenue from Federal Government
Intergovernmental revenue from local governments
Property taxes
Sales and gross receipts
Individual income tax
Corporate income tax
Motor vehicle license
Other taxes
Charges and miscellaneous general revenue
Utility revenue
Liquor store revenue
Insurance trust revenue
Total 100%
Expenditure $ millions Percent of expenditure
Intergovernmental expenditure
Education
Libraries
Public welfare
Hospitals
Health
Employment security administration
Veterans' services
Highways
Air transport
Parking facilities
Sea and inland port facilities
Police protection
Fire protection
Correction
Protective inspection and regulation
Natural resources
Parks and recreation
Housing and community development
Sewerage
Solid waste management
Financial administration
Judicial and legal
General public buildings
Other governmental administration
Interest on general debt
Miscellaneous commercial activities
Other and unallocable
Utility expenditure
Liquor store expenditure
Insurance trust expenditure
Total 100%

Financial Institutions

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Top ten banks by assets in South Dakota

Rank Bank Assets $ millions Profit $ millions _____ Headquarters Employees
1
2
3
4
5
6
7
8
9
10

References

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http://meta.wikimedia.org/wiki/Global_Economic_Map