Graph and download economic data for Per Capita Personal Income in Los Angeles County, CA (PCPI06037) from 1969 to 2023 about Los Angeles County, CA; Los Angeles; personal income; per capita; CA; personal; income; and USA.

In 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.

Graph and download economic data for Total Per Capita Real Gross Domestic Product for Los Angeles-Long Beach-Anaheim, CA (MSA) (DISCONTINUED) (PCRGMP31080) from 2001 to 2017 about Los Angeles, per capita, CA, real, industry, GDP, and USA.

Graph and download economic data for Per Capita Personal Income in Los Angeles-Long Beach-Anaheim, CA (MSA) (LALBA906PCPI) from 1969 to 2023 about Los Angeles, personal income, per capita, CA, personal, income, and USA.

Graph and download economic data for Per Capita Personal Income in Orange County, CA (PCPI06059) from 1969 to 2023 about Orange County, CA; Los Angeles; personal income; per capita; CA; personal; income; and USA.

In 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.

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.

This statistic provides projected figures for the Gross Metropolitan Product (GMP) of the United States in 2021, by metropolitan area. Only the 100 leading metropolitan areas are shown here. In 2022, the GMP of the New York-Newark-Jersey City metro area is projected to be around of about 2.16 trillion U.S. dollars.

Los Angeles metropolitan area

A metropolitan area in the U.S. is characterized by a relatively high population density and close economic ties through the area, albeit, without the legal incorporation that is found within cities. The Gross Metropolitan Product is measured by the Bureau of Economic Analysis under the U.S. Department of Commerce and includes only metropolitan areas. The GMP of the Los Angeles-Long Beach-Anaheim metropolitan area located in California is projected to be among the highest in the United States in 2021, amounting to 1.1 trillion U.S. dollars. The Houston-The Woodlands-Sugar Land, Texas metro area is estimated to be approximately 543 billion U.S. dollars in the same year.

The Los Angeles metro area had one of the largest populations in the country, totaling 112.99 million people in 2021. The Greater Los Angeles region has one of the largest economies in the world and is the U.S. headquarters of many international car manufacturers including Honda, Mazda, and Hyundai. Its entertainment industry has generated plenty of tourism and includes world famous beaches, shopping, motion picture studios, and amusement parks. The Hollywood district is known as the “movie capital of the U.S.” and has its historical roots in the country’s film industry. Its port, the Port of Los Angeles and the Port of Long Beach are aggregately one of the world’s busiest ports. The Port of Los Angelesgenerated some 506.43 million U.S. dollars in revenue in 2019.