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Los Angeles metro area - GDP 2001-2018

This graph shows the GDP of the Los Angeles metro area from 2001 to 2018. In 2018, its GDP amounted to 941.06 billion chained 2012 U.S. dollars.

The overall quarterly GDP growth in the United States can be found here.

Gross domestic product of Los Angeles

With a population of over 13.29 million inhabitants in 2018, 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 two trillion U.S. dollars to Los Angeles’ 1.2 trillion U.S. dollars in the fiscal year of 2020. Chicago metro area ranked third with GMP of 770 billion U.S. dollars. The Dallas-Forth Worth metro area ranked fourth with 620.6 billion U.S. dollars in the fiscal year of 2020. Additional detailed statistics about GDP and GMP 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 11th with a median household income of 62,474 U.S. dollars annually in 2018. This was lower than the median household income of the United States in 2018, which came in at 63,179 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 871 films in 2018, 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, Scarlett Johansson, earning 56 million U.S. dollars in 2019. Second on the list was Sofia Vergara with earnings of 44.1 million U.S. dollars.

GDP of the Los Angeles metro area from 2001 to 2018

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Source

Release date

December 2019

Region

United States

Survey time period

2001 to 2018

Supplementary notes

The Los Angeles metropolitan area, also known as Metropolitan Los Angeles or the Southland, is the 13th largest metropolitan area in the world and the second-largest metropolitan area in the United States. The metropolitan area is defined by the United States Census Bureau as the Los Angeles-Long Beach-Anaheim metropolitan area. This area consists of Los Angeles and Orange counties.

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