In 2023, the GDP of the San Francisco Bay Area amounted to 681.89 billion U.S. dollars, an increase from the previous year. The overall quarterly GDP growth in the United States can be found here. The GDP of the San Francisco Bay Area The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. There are approximately 4.62 million people living in the metro area as of 2022. Silicon Valley In the ten year period between 2001 and 2011, the Bay Area saw steady GDP growth. Starting in 2012, it began to skyrocket. This is thanks to an economic boom in the tech sector, and high value companies headquartered in Silicon Valley - also part of the Bay Area. Silicon Valley is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there. Additionally, California ranked first on a list of U.S. states by GDP, with more than 3.59 trillion U.S. dollars in GDP in 2022.

This graph shows the GDP of the San Francisco Bay Area in 2022, by industry. In 2022, the GDP of the San Francisco metro area amounted to about 654.73 billion U.S. dollars. About 68.02 billion U.S. dollars were generated in the manufacturing industries. The overall quarterly GDP growth in the United States can be found here. The San Francisco Bay Area’s GDP The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. The United States Census Bureau considers the Bay Area a Combined Statistical Area (CSA) with approximately 7.4 million people, including the nine counties bordering San Francisco Bay as well as Santa Cruz and San Benito Counties, making it the sixth largest CSA in the United States.

In the ten year period between 2001 and 2011, the Bay Area saw its GDP grow considerably. In 2001, GDP was 239 billion U.S. dollars. This value rose to 347 billion U.S. dollars by 2011. Additionally, California ranked first on a list of U.S. states by GDP, with two trillion U.S. dollars of GDP in 2012. Silicon Valley, located in the Bay Area, is in great part responsible for the Bay Area’s and California’s high GDPs, as it is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there.

Graph and download economic data for Total Real Gross Domestic Product for San Francisco-Oakland-Hayward, CA (MSA) (RGMP41860) from 2001 to 2023 about San Francisco, CA, real, industry, GDP, and USA.

In 2021, the gross domestic product (GDP) of the Guangdong - Hong Kong - Macao Greater Bay Area reached around 1.96 trillion U.S. dollars. Although this was not much less than the GDP of the Tokyo Bay and more than the New York Metropolitan Area, per capita GDP in China's Greater Bay Area was considerably lower.

Graph and download economic data for Total Real Gross Domestic Product for Green Bay, WI (MSA) (RGMP24580) from 2001 to 2023 about Green Bay, WI, real, industry, GDP, and USA.

Graph and download economic data for Total Real Gross Domestic Product for Palm Bay-Melbourne-Titusville, FL (MSA) (RGMP37340) from 2001 to 2023 about Palm Bay, FL, real, industry, GDP, and USA.

This table contains data for gross domestic product (GDP), in current dollars, for all census metropolitan area and non-census metropolitan areas.

In 2023, the share of the tertiary industry in total GDP in Huizhou had the lowest value of all cities in the Guangdong - Hong Kong - Macao Greater Bay Area, amounting to about 40.3 percent. For the Greater Bay Area as a whole, the service sector share in GDP ranged at 64.4 percent that year.

In 2023, the gross domestic product (GDP) of the San Jose-Sunnyvale-Santa Clara metro area amounted to roughly 392.46 billion U.S. dollars. This was an increase from the previous year when the real GDP came to 385.01 billion U.S. dollars. San Jose is the third-largest city in California, the tenth-largest in the U.S., and the county seat of Santa Clara County. It is located at the southern end of San Francisco Bay. The San Jose-Sunnyvale-Santa Clara metro area had a population of around 1.95 in 2021.

Density of business credit linkage networks in the Hangzhou Bay Greater Bay Area, 2015 to 2019.

The growth of the real gross domestic product (GDP) in Macao was forecast to continuously decrease between 2024 and 2029 by in total 7.6 percentage points. According to this forecast, in 2029, the growth will have decreased for the sixth consecutive year to 3.02 percent. As described by the International Monetary Fund, this indicator describes the annual change in the gross domestic product at constant prices. This is expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Taiwan, China, and Hong Kong SAR China.

In 2023, the GDP of the New York metro area amounted to 1.9 trillion chained 2017 U.S. dollars. This is an increase from 2021, when the GDP of the New York metro area was 1.82 trillion dollars. New York CityThe New York metro area’s GDP has steadily risen in the last two decades from 1.2 trillion U.S. dollars in 2001 to 1.91 trillion U.S. dollars in 2023. In September 2023, the New York- Newark-Jersey City area had an unemployment rate of 4.4 percent. It also had the highest population in the country in 2022 at 19.62 million people. New York City’s economy is one of the greatest in the country and is home to many Fortune 500 companies, including Big Pharma’s Bristol-Myers Squibb. Industries such as media, real estate, fashion and entertainment are some of the most prominent in the area. The finance industry in New York City, also known as Wall Street, is one of the leading financial centers of the world and houses the New York Stock Exchange and NASDAQ. The region is also home to one of the largest trading industries in the country at the Port of New York and New Jersey. This port includes a large estuary, regional airports, and a plethora of rail and road networks. Silicon Alley is one of the country’s largest technology industry hubs, including internet, telecommunications, and biotechnology. In 2022, there were some 61,665 business establishments n the region that focused on professional, scientific, and technical services.

In 2014, the Chinese government unveiled the New Urbanization Plan and Document No. 46, which profoundly influenced the development trajectory of the regional economy and sports industry. Using the coupling coordination model, this study aimed to assess the development progress of the sports industry and urban clusters economy. This study sampled Greater Bay Area urban clusters (GBAUC) and Yangtze River Delta urban clusters (YRDUC). The statistics covered one year after the release of the policies to date. We developed a total of 15 macro indicators to evaluate the sports industry and urban cluster economy as two distinct, yet interdependent, economic systems. Using the entropy weight method, we determined the standardized values and weights for the two systems before calculating the coupling coordination degree (D). Between 2015 and 2021, the sampled sports industry and urban clusters economy exhibited coordinated high growth across all economic metrics, with multiple sports industry metrics exhibiting double-digit growth. In 2015, both showed extreme imbalance: D of GBAUC = 0.092, D of YRDUC = 0.091. In 2017, both improved to bare coordination: D of GBAUC = 0.600, D of YRDUC = 0.566. In 2019, both reached well coordination: D of GBAUC = 0.851, D of YRDUC = 0.814. By 2021, both achieved quality coordination: D of GBAUC = 0.990, D of YRDUC = 1. This study provides the first evidence from the sports industry that China’s new urbanization model and Document No. 46 are highly effective for synergistic regional economic growth.

In 2023, financing and insurance contributed around 24.9 percent to the gross domestic product (GDP) of Hong Kong, constituting the largest industry in the city. The total GDP of Hong Kong amounted to around 381 billion U.S. dollars that year. Sectoral view on Hong Kong’s economy Hong Kong is an important financial hub in Asia and a bridgehead for trade with mainland China. The city has a strong service sector that contributes more than 90 percent of its GDP. Trading and logistics, as well as financial and professional services are key industries in the city. Over the last decade, the importance of the financial sector has increased gradually, making Hong Kong to one of the leading financial centers in the world. At the same time, trading and logistics has slowly lost ground, although it is, together with professional services, important for employment in the city. Economic perspectives In recent times, Hong Kong has encountered growing competition from Chinese mainland cities. At the same time, its integration into the Guangdong-Hong Kong-Macao Greater Bay Area offers new opportunities for economic growth. While the trade sector is under pressure by competition from mainland ports, Hong Kong’s highly developed financial, insurance, and business services will most probably grow further in the future.

In 2023, the gross domestic product (GDP) of Shenzhen city in China increased by 6.0 percent compared to the previous year. Located next to Hong Kong, Shenzhen ranked first for GDP in the Guangdong-Hong Kong-Macao Greater Bay Area. The GDP growth of Shenzhen slowed down continuously in the past years.