Energy Expenditures as a Share of
Nebraska's Gross State Product
In 2010, expenditures for energy ($8,091.4 million) in Nebraska accounted for 9.0 percent of the gross state product (GSP) of $89,786 million. The highest percentage during the reviewed years was 10.7 percent in 2008. The ratio of total expenditures for energy relative to total GSP (both in nominal dollars) provides an indication of the importance of energy expenditures in the aggregate economy. The 2008 increase in energy expenditures relative to GSP probably resulted in a large part from the increase in world oil prices.
| Year | Nebraska's Total Energy Expenditures (Million Nominal Dollars) |
Nebraska's Total Gross State Product (Million Nominal Dollars) |
Nebraska's Energy Expenditures as a Share of Nominal Gross State Product (Percent of Gross State Product) |
|---|---|---|---|
| 1997 | $3,767.3 | $50,760 | 7.4% |
| 1998 | $3,490.8 | $51,848 | 6.7% |
| 1999 | $3,585.6 | $53,898 | 6.7% |
| 2000 | $4,369.3 | $57,233 | 7.6% |
| 2001 | $4,441.9 | $59,535 | 7.5% |
| 2002 | $4,186.5 | $61,248 | 6.8% |
| 2003 | $4,714.8 | $66,226 | 7.1% |
| 2004 | $5,403.3 | $69,615 | 7.8% |
| 2005 | $6,454.6 | $72,504 | 8.9% |
| 2006 | $7,221.1 | $76,547 | 9.4% |
| 2007 | $7,958.4 | $82,185 | 9.7% |
| 2008 | $9,077.7 | $84,884 | 10.7% |
| 2009 | $6,962.1 | $86,411 | 8.1% |
| 2010 | $8,091.4 | $89,786 | 9.0% |
Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.
Notes: NA indicates data is not available.
Change in industry definitions
There is a discontinuity in the "gross domestic product by state" or GSP time series at the year 1997, when the data changed from Standard Industrial Classification (SIC) industry definitions to North American Industry Classification System (NAICS) industry definitions. Since the Bureau of Economic Analysis strongly advises against appending the two data series in an attempt to construct a single time series of gross state product for 1963 to 2006, the data in this report cover the time period from only 1997 to 2010.
The table and graph were updated on May 22, 2013.
Typically, there are one to two years between updates.