1 dataset found
  1. U.S. Chicago metro area GDP 2001-2023

    • statista.com
    • ai-chatbox.pro
    Updated Dec 4, 2024
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    Statista (2024). U.S. Chicago metro area GDP 2001-2023 [Dataset]. https://www.statista.com/statistics/183827/gdp-of-the-chicago-metro-area/
    Explore at:
    Dataset updated
    Dec 4, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

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Share
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TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Statista (2024). U.S. Chicago metro area GDP 2001-2023 [Dataset]. https://www.statista.com/statistics/183827/gdp-of-the-chicago-metro-area/
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U.S. Chicago metro area GDP 2001-2023

Explore at:
Dataset updated
Dec 4, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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