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Tuesday, October 18, 2011

America's Ridiculously Large $15 Trillion Economy

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

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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