Wednesday, October 19, 2011

A reminder


America's Ridiculously Large $15 Trillion Economy
Which Countries Match the GDP of U.S. Metro Areas?
Rank
U.S. Metropolitan
Area GDP, 2010
Millions
Equivalent Country by GDP, 2010
1
New York City
$1,280,517
Australia
2
Los Angeles-Long Beach
$735,743
Turkey
3
Chicago
$532,331
Switzerland
4
Washington, D.C.
$425,167
Taiwan
5
Houston
$384,603
Austria
6
Dallas-Fort Worth
$374,081
Argentina
7
Philadelphia
$346,932
South Africa
8
San Francisco-Oakland
$325,927
Thailand
9
Boston
$313,690
Denmark
10
Atlanta
$272,362
Colombia
11
Miami-Fort Lauderdale
$257,560
Finland
12
Seattle-Tacoma-Bellevue
$231,221
Portugal
13
Minneapolis-St. Paul
$199,596
Chile
14
Detroit
$197,773
Phillipines
15
Phoenix
$190,601
Czech Republic
16
San Diego
$171,568
Pakistan
17
San Jose
$168,517
Romania
18
Denver
$157,567
Peru
19
Baltimore
$144,789
New Zealand
20
St. Louis
$129,734
Kuwait

The Bureau of Economic Analysis recently released GDP by U.S. metropolitan area for 2010, and the top 20 largest metro areas are displayed above along with the equivalent countries that have economies that are approximately the same size as U.S. metro areas.  Pretty amazing, and a testament to the enormity of the U.S. economy and the productivity of American workers. 

Related: 
Map from The Economist
 comparing the 2009 economic output of American states to the economic output (GDP) of entire countries.

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