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U.S. metro areas - ranked by Gross Metropolitan Product (GMP) 2020

This statistic provides projected figures for the Gross Metropolitan Product (GMP) of the United States in 2020, by metropolitan area. Only the 100 leading metropolitan areas are shown here. In 2020, the GMP of the New York-Northern New Jersey-Long Island metro area is projected to be around of about 1.67 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 2020, amounting to one trillion U.S. dollars. The Houston-The Woodlands-Sugar Land, Texas metro area is estimated to be approximately 458.58 billion U.S. dollars in the same year.

The Los Angeles metro area had one of the largest populations in the country, totaling 13.21 million people in 2019. 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 Angeles generated some 506.43 million U.S. dollars in revenue in 2019.

Forecasted Gross Metropolitan Product (GMP) of the United States in 2020, by metropolitan area

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Source

Release date

July 2020

Region

United States

Survey time period

2020

Supplementary notes

Forecast is based data from the first half of 2020.
Gross Metropolitan Product (GMP) is one of several measures of the size of the economy of a metropolitan area. Similar to gross domestic product (GDP), GMP is defined as the market value of all final goods and services produced within a metropolitan area in a given period of time.
Values totaled by Statista using state values provided by the source.

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Statistics on "Gross Domestic Product (GDP) of the U.S."

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