This graph shows the GDP of the New York metro area from 2001 to 2020. In 2020, the GDP of the New York metro area amounted to 1.5 trillion chained 2012 U.S. dollars.
New York City
New York metro area’s GDP has steadily risen in the last two decades from 1.2 trillion U.S. dollars in 2001 to 1.5 trillion U.S. dollars in 2020. In November 2021, the New York- Newark-Jersey City area had an unemployment rate of six percent. It also had the highest population in the country in 2019 at 19.22 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 2019, there were some 61,686 business establishments in the region that focused on professional, scientific, and technical services.
GDP of the New York metro area from 2001 to 2020
(in billion chained 2012 U.S. dollars)
The New York metropolitan area, also known as Metropolitan New York, Greater New York, or the Tri-State area is the most populous metropolitan area in the United States and is one of the most populous in the world. The metropolitan area is defined by the U.S. Office of Management and Budget as the New York-Northern New Jersey-Long Island, New York-New Jersey-Pennsylvania Metropolitan Statistical Area (MSA)
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BEA. (December 8, 2021). GDP of the New York metro area from 2001 to 2020 (in billion chained 2012 U.S. dollars) [Graph]. In Statista. Retrieved August 14, 2022, from https://www.statista.com/statistics/183815/gdp-of-the-new-york-metro-area/
BEA. "GDP of the New York metro area from 2001 to 2020 (in billion chained 2012 U.S. dollars)." Chart. December 8, 2021. Statista. Accessed August 14, 2022. https://www.statista.com/statistics/183815/gdp-of-the-new-york-metro-area/
BEA. (2021). GDP of the New York metro area from 2001 to 2020 (in billion chained 2012 U.S. dollars). Statista. Statista Inc.. Accessed: August 14, 2022. https://www.statista.com/statistics/183815/gdp-of-the-new-york-metro-area/
BEA. "Gdp of The New York Metro Area from 2001 to 2020 (in Billion Chained 2012 U.S. Dollars)." Statista, Statista Inc., 8 Dec 2021, https://www.statista.com/statistics/183815/gdp-of-the-new-york-metro-area/
BEA, GDP of the New York metro area from 2001 to 2020 (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/183815/gdp-of-the-new-york-metro-area/ (last visited August 14, 2022)