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Key Industries

Key Industries

  • Advanced Manufacturing

    The state's largest industry accounting for 17% of our GDP and contributing $35 billion annually to the state’s economy.

  • Bioscience

    Iowa has made significant progress in building the bioscience industry, with employment growing 8% from 2016 to 2021.

  • Finance and Insurance

    Iowa is home to 7,000 finance and insurance companies and a workforce of nearly 95,000 talented industry professionals.

  • Information Technology

    From digital infrastructure and data analytics to advancements in automation, tech is transforming industries.

#1

Highest Concentration of Agricultural Engineers of Any State (BLS, 2020)
 

180

Insurance Companies Headquartered in Iowa (Iowa Insurance Division, 2021)
 

$30.058B

Contribution from Iowa's Largest Industry Sector: Advanced Manufacturing (BEA, 2019)

IEDA News

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IEDA Board approves assistance for two established companies, four startups and a community quality of life project

May 16, 2025

10 Individuals, Organizations Recognized with Governor’s Arts Awards

April 30, 2025

IEDA Board approves assistance for two established companies, three community projects and manufacturing investments

April 18, 2025
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Discover Iowa

Learn More About Iowa's Key Industries

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Economic Development & Finance Authority

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Iowa Economic Development Authority | Iowa Finance Authority

1963 Bell Avenue
Suite 200
Des Moines, IA 50315

Phone

515.348.6200

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