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TwitterThe New York-Newark-Jersey City metro area had the highest real GDP in 2023, totaling around 1.91 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 1.08 billion dollars. This statistic only contains the top 100 metro areas by real GDP.
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TwitterIn 2021, Midland metropolitan area in Texas had a per capita real GDP of about 227,765 chained U.S. dollars, the highest of any metro area in the United States. The San-Jose-Sunnyvale-Santa Clara and San Francisco-Oakland-Berkely metro areas in California also had high real GDP per capita. The Seattle-Tacoma-Bellevue metro area in Washington state and the Trenton-Princeton metro area in New Jersey round out the top five. Only the top 100 metro areas by GDP per capita are shown here.
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Graph and download economic data for Total Real Gross Domestic Product for Salt Lake City, UT (MSA) (RGMP41620) from 2001 to 2023 about Salt Lake City, UT, real, industry, GDP, and USA.
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TwitterThe gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.
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Graph and download economic data for Total Real Gross Domestic Product for Atlantic City-Hammonton, NJ (MSA) (RGMP12100) from 2001 to 2023 about Atlantic City, NJ, real, industry, GDP, and USA.
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TwitterOut of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.
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Graph and download economic data for Total Real Gross Domestic Product for Yuba City, CA (MSA) (RGMP49700) from 2001 to 2023 about Yuba City, CA, real, industry, GDP, and USA.
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The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, Los Angeles is the second-largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP in the United States is available here. Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 U.S. dollars annually. Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.
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Graph and download economic data for Total Gross Domestic Product for Michigan City-La Porte, IN (MSA) (NGMP33140) from 2001 to 2023 about Michigan City, IN, industry, GDP, and USA.
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Graph and download economic data for Total Gross Domestic Product for Iowa City, IA (MSA) (NGMP26980) from 2001 to 2023 about Iowa City, IA, industry, GDP, and USA.
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TwitterIn 2023, the gross domestic product (GDP) of the San Jose-Sunnyvale-Santa Clara metro area amounted to roughly ****** billion U.S. dollars. This was an increase from the previous year when the real GDP came to ****** 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 **** in 2021.
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Graph and download economic data for Total Per Capita Real Gross Domestic Product for New York-Newark-Jersey City, NY-NJ-PA (MSA) (DISCONTINUED) (PCRGMP35620) from 2001 to 2017 about NJ, New York, PA, NY, per capita, real, industry, GDP, and USA.
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TwitterIn 2023, the GDP of the New York metro area amounted to *** trillion chained 2017 U.S. dollars. This is an increase from 2021, when the GDP of the New York metro area was **** trillion dollars. New York CityThe New York metro area’s GDP has steadily risen in the last two decades from *** trillion U.S. dollars in 2001 to **** trillion U.S. dollars in 2023. In September 2023, the New York- Newark-Jersey City area had an unemployment rate of *** percent. It also had the highest population in the country in 2022 at ***** 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 ****** business establishments in the region that focused on professional, scientific, and technical services.
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TwitterThis dataset displays the Real GDP by metropolitan area for the years 2001-2005. For each of the posted metropolitan areas Millions of chained dollars and the percentage change from the previous year is posted. This data was geocoded according to city and state locations. During the geocoding process 233/363 records from the original dataset were successfully geocoded. The reason for this is that during the process is that the dataset often groups cities together into one metropolitan area, which were unable to be properly coded. This data was collected from the Bureau of Economic analysis at their web page at: http://www.bea.gov/newsreleases/regional/gdp_metro/gdp_metro_newsrelease.htm Access Date: October 29, 2007
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TwitterIn 2023, the GDP of the Chicago-Naperville-Elgin metropolitan area amounted to ****** 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 ** percent in comparison to the ** 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.
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TwitterIn 2022, the Minneapolis–Saint Paul metro area real gross domestic product (GDP) amounted to ***** billion U.S. dollars. This is a large increase from the real GDP value in 2001 which came to ****** billion U.S. dollars.
Minneapolis–Saint Paul is the most populous urban area in the state of Minnesota, United States, and is composed of *** cities and townships. Built around the Mississippi, Minnesota and St. Croix rivers, the area is also nicknamed the Twin Cities for its *** largest cities, Minneapolis and Saint Paul, the former the larger and the latter the state capital. It is a classic example of twin cities in geography.
The area is part of a larger U.S. Census division named Minneapolis-St. Paul-Bloomington, MN-WI, the country's ****-largest metropolitan area composed of ** counties in Minnesota and *** counties in Wisconsin. This larger area in turn is enveloped in the U.S. Census combined statistical area called Minneapolis-St. Paul-St. Cloud, MN-WI with an estimated population of **** million people in 2022, ranked the **** most populous in the U.S.
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TwitterIn 2022, the Detroit metro area GDP amounted to ****** billion U.S. dollars, an increase from the previous year. Detroit's GDP Between 2001 and 2022, the GDP of the Detroit-Warren-Dearborn metro area rose from ****** billion U.S. dollars in 2001 to ****** billion U.S. dollars in 2021, dipping in 2009 to ****** billion U.S. dollars. Despite a rise in GDP, the city of Detroit filed for bankruptcy in July 2013 with debts of approximately ** billion U.S. dollars. Detroit was the largest municipality to file for bankruptcy since 1953. Second largest was Jefferson County, Alabama, which filed in 2011 with debts of approximately *** billion U.S. dollars. In 2021, the Detroit metro area had a population of around 4.36 million inhabitants. City of Detroit Detroit was once a major production hub of the American automobile industry, but has since suffered decline as car manufacturers faced international competition and automobile production was moved out of the city. As a result, workers left Detroit and the population fell. In 2019, Detroit had a resident population of roughly ******* people, ranking **** on the list of largest U.S. cities, but has since fallen off the list of the ** most populous cities in the U.S. Poverty remains a problem for the city and many buildings remain empty and derelict. Crime rates also indicate the extent of Detroit’s decline. Detroit was the second most dangerous city in America in 2022, with ***** crimes per 100,000 residents.
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TwitterIn 2023, the GDP of the Seatle-Tacoma-Bellevue metro area amounted to ****** billion U.S. dollars, an increase from the previous year. The GDP of the United States since 1990 can be accessed here. Seattle metro area The Seattle metropolitan area in the U.S. state of Washington includes the city of Seattle, King County, Snohomish County, and Pierce County within the Puget Sound region. About **** million people were living in the Seattle metro area, which is more than half of Washington's total population in 2021 (about **** million people). This makes the Seattle metro area the **** largest metropolitan area in the United States, by population. However, Seattle is in fourth place among the 20 largest metro areas in terms of household income, which stood at ****** U.S. dollars in 2019. This is by far more than the average household income in the United States. Household income in Washington is on a similar high level. In 2021, the federal state of Washington was ranked **** in terms of household income among the states of the U.S. The city of Seattle is the largest city in the Pacific Northwest region of North America. It has about ******* residents and is among the ** largest cities in the United States. Seattle has always been an important coastal seaport city and a gateway to Alaska. The importance of the city and metro area is also due to fact that some of the biggest companies worldwide started in Seattle during the 1980s. Companies like Amazon and Microsoft are still based in the Seattle area in the state of Washington.
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TwitterA new model for tracking GDP in real time allows policymakers to assess the current state of the economy.
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TwitterThe New York-Newark-Jersey City metro area had the highest real GDP in 2023, totaling around 1.91 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 1.08 billion dollars. This statistic only contains the top 100 metro areas by real GDP.