Graph and download economic data for Total Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) (NGMP16980) from 2001 to 2023 about Chicago, IL, IN, WI, industry, GDP, and USA.

In 2023, the GDP of the Chicago-Naperville-Elgin metropolitan area amounted to 725.75 billion chained 2017 U.S. dollars. The GDP of the United States since 1990 can be accessed here. Economic growth and unemployment in Chicago Economic growth in Chicago, measured by the growth in Gross Domestic Product (GDP), was significant in the years between 2001 and 2022. This growth occurred in a period of growth for cities nationally as seen by growth of other major American cities such as Los Angeles and San Francisco. In contrast to Chicago’s growth, San Francisco’s growth rate demonstrated the effect of a new and booming industry. The influence of technology and internet companies saw San Francisco grow nearly 68 percent in comparison to the 47 percent growth in GDP achieved by Chicago. As a result, Chicago-Naperville-Elgin ranked third in Gross Metropolitan Product of the United States, by metropolitan area in 2022. The drop in GDP output in 2020 can be attributed to the COVID-19 pandemic.

Graph and download economic data for Gross Domestic Product: All Industries in Cook County, IL (GDPALL17031) from 2001 to 2023 about Cook County, IL; Chicago; IL; industry; GDP; and USA.

In 2023, the real gross domestic product (GDP) of Illinois was 875.57 billion U.S. dollars. This is an increase from the previous year, when the state's real GDP stood at 564.17 billion U.S. dollars.

Total Per Capita Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) (DISCONTINUED) was 61170.00000 $ in January of 2017, according to the United States Federal Reserve. Historically, Total Per Capita Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) (DISCONTINUED) reached a record high of 61170.00000 in January of 2017 and a record low of 54744.00000 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Per Capita Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

Total Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) was 894862.36400 Mil. of $ in January of 2023, according to the United States Federal Reserve. Historically, Total Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) reached a record high of 894862.36400 in January of 2023 and a record low of 401407.69300 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Real Gross Domestic Product: All Industries in Cook County, IL (REALGDPALL17031) from 2001 to 2023 about Cook County, IL; Chicago; IL; real; industry; GDP; and USA.

In 2023, the manufacturing industry added 107 billion chained 2017 U.S. dollars of value to the gross domestic product of Illinois. The most lucrative industry in Illinois was the finance, insurance, real estate, rental, and leasing industry which contributed a value of 185.39 billion chained 2017 U.S. dollars of value to the state's GDP in 2023.

Graph and download economic data for Gross Domestic Product: All Industries in Lake County, IL (GDPALL17097) from 2001 to 2023 about Lake County, IL; Chicago; IL; industry; GDP; and USA.

Chicago-Naperville-Joliet, IL-IN-WI - Total Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) was 725745.07500 Mil. of Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Chicago-Naperville-Joliet, IL-IN-WI - Total Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) reached a record high of 725745.07500 in January of 2023 and a record low of 513554.90500 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Chicago-Naperville-Joliet, IL-IN-WI - Total Real Gross Domestic Product for Chicago-Naperville-Elgin, IL-IN-WI (MSA) - last updated from the United States Federal Reserve on May of 2025.

Graph and download economic data for Gross Domestic Product: Private Goods-Producing Industries in DuPage County, IL (GDPGOODS17043) from 2001 to 2023 about Du Page County, IL; goods-producing; Chicago; IL; private; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Kane County, IL (GDPALL17089) from 2001 to 2023 about Kane County, IL; Chicago; IL; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in Kendall County, IL (GDPALL17093) from 2001 to 2023 about Kendall County, IL; Chicago; IL; industry; GDP; and USA.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

Graph and download economic data for Real Gross Domestic Product: Government and Government Enterprises in Lake County, IL (REALGDPGOVT17097) from 2001 to 2023 about Lake County, IL; enterprises; Chicago; IL; government; real; GDP; and USA.

Graph and download economic data for Gross Domestic Product: Government and Government Enterprises in Grundy County, IL (GDPGOVT17063) from 2001 to 2023 about Grundy County, IL; enterprises; Chicago; IL; government; GDP; and USA.

Graph and download economic data for Real Gross Domestic Product: Private Services-Providing Industries in DuPage County, IL (REALGDPSERV17043) from 2001 to 2023 about Du Page County, IL; services-providing; Chicago; IL; private; real; industry; GDP; and USA.

Graph and download economic data for Gross Domestic Product: Government and Government Enterprises in Will County, IL (GDPGOVT17197) from 2001 to 2023 about Will County, IL; enterprises; Chicago; IL; government; GDP; and USA.

Graph and download economic data for Gross Domestic Product: All Industries in DeKalb County, IL (GDPALL17037) from 2001 to 2023 about De Kalb County, IL; Chicago; IL; industry; GDP; and USA.

Residential building permits in United States were in short demand in 2018, rising only 2.8 percent across the country. Many large cities have reduced the number of residential building permits, such as Chicago, which handed out 22 percent less permits in 2018 than the previous year. Building permits may specifically apply to large housing units with multiple living spaces, to single family houses. Before construction can begin on any new or existing building, a permit must be obtained from the appropriate city council. Building permit numbers have increased significantly in both Houston, Texas and Orlando, Florida metro areas, with 34.5 and 51.5 percent more permits issued in 2018 than 2017, respectively.

Homes are where the heat is Generally speaking, the construction of new homes can be a good indicator of how local economies are fairing, as it can mean that individuals have acquired enough wealth to own their own home or businesses are expanding. The 2018 residential building permit figures provide some insight into the current demographic of cities, particularly with regards to the job market. For instance, in the „snowbird“state of Florida, 45 percent of new residents in Orlando were between ages 25 and 54, and presumably their careers still play a large role. Orlando-Kissimmee-Sandford metro area is within close range of engineering firms such as Lockheed Martin, as well as new tech companies, which offer higher salaries and better prospects than other industries. Florida unemployment continues to decline and dropped to 3.6 percent in 2018.
Incidentally, cities that tend to be popular for Americans in their early twenties, tend to be the cities that are reducing their number of new residential building permits (Chicago, Illinois; New York, New York; and Los Angeles, California). But this does not mean that these cities are in financial trouble. Chicago’s GDP is steadily growing and unemployment in Illinois was at 4.3 percent in 2018. Bigger and denser cities tend to attract younger groups as they can walk from location to location and remain amongst the excitement that cities have to offer.