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Mapped: The Largest 15 U.S. Cities by GDP

by Avery Koop
This post is by Avery Koop from Visual Capitalist

map of u.s. cities by gdp

Mapped: The Largest 15 U.S. Cities by GDP

The United States has the largest GDP in the world in nominal terms, and urban areas are a major contributor to the country’s economic might. In fact, metropolitan areas account for roughly 90% of U.S. economic output.

In this visual we’ve ranked the economic output of the top 15 U.S. cities from New York City to Minneapolis, using data from the U.S. Bureau of Economic Analysis. The data covers 2021, which is the most recent release from BEA.

It’s important to note that the data considers entire surrounding metropolitan areas, so as an example, New York City includes neighboring population centers such as Newark, NJ, as well as Jersey City⁠—reaching a GDP of nearly $2 trillion.

Measuring a city’s economy at the metro level can provide a more accurate representation of its economic activity. This is because the metropolitan areas include not only the central city but also the surrounding suburban and rural areas that are economically connected to it.

America’s Economic Hubs

There are some obvious winners when it comes to the largest U.S. cities by GDP, including NYC, Los Angeles, Dallas, and San Francisco.

In the table below, we’ve listed each of the 384 metropolitan areas out of the dataset all the way down to last place, Sebring-Avon Park, Florida, alongside respective ranks and GDP:

RankCityGDP
#1New York-Newark-Jersey City, NY-NJ-PA$1,992,779,274
#2Los Angeles-Long Beach-Anaheim, CA$1,124,682,354
#3Chicago-Naperville-Elgin, IL-IN-WI$764,583,227
#4San Francisco-Oakland-Berkeley, CA$668,677,573
(Read more...)

Top Heavy: Countries by Share of the Global Economy

by Avery Koop
This post is by Avery Koop from Visual Capitalist

countries by share of the global economy in 2022

Countries by Share of the Global Economy

As 2022 comes to a close we can recap many historic milestones of the year, like the Earth’s population hitting 8 billion and the global economy surpassing $100 trillion.

In this chart, we visualize the world’s GDP using data from the IMF, showcasing the biggest economies and the share of global economic activity that they make up.

ℹ Gross Domestic Product (GDP) is a broad indicator of the economic activity within a country. It measures the total value of economic output—goods and services—produced within a given time frame by both the private and public sectors.

The GDP Heavyweights

The global economy can be thought of as a pie, with the size of each slice representing the share of global GDP contributed by each country. Currently, the largest slices of the pie are held by the United States, China, Japan, Germany, and India, which together account for more than half of global GDP.

Here’s a look at every country’s share of the world’s $101.6 trillion economy:

RankCountryGDP (Billions, USD)
#1🇺🇸 United States$25,035.2
#2🇨🇳 China$18,321.2
#3🇯🇵 Japan$4,300.6
#4🇩🇪 Germany$4,031.1
#5🇮🇳 India$3,468.6
#6🇬🇧 United Kingdom$3,198.5
#7🇫🇷 France$2,778.1
#8🇨🇦 Canada$2,200.4
#9🇷🇺 Russia$2,133.1
#10🇮🇹 Italy$1,997.0
#11🇮🇷 Iran$1,973.7
#12🇧🇷 Brazil$1,894.7
#13🇰🇷 South Korea$1,734.2
#14🇦🇺 Australia$1,724.8
#15🇲🇽 Mexico$1,424.5
#16🇪🇸 Spain$1,389.9
#17🇮🇩 Indonesia$1,289.4
#18🇸🇦 Saudi Arabia$1,010.6
#19🇳🇱 Netherlands$990.6
#20🇹🇷 Turkey$853.5
#21🇹🇼 Taiwan$828.7
#22🇨🇭 Switzerland$807.4
#23🇵🇱 Poland$716.3
(Read more...)

Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)

by Jenna Ross
This post is by Jenna Ross from Visual Capitalist

How to Use: The below slideshow will animate automatically. To pause, move your cursor on the image. Arrows on left/right navigate.

World’s Largest Economies 1970

View the full-size version of all three graphics

Visualizing The World’s Largest Economies (1970-2020)

Global GDP has grown massively over the last 50 years, but not all countries experienced this economic growth equally.

In 1970, the world’s nominal GDP was just $3.4 trillion. Fast forward a few decades and it had reached $85.3 trillion by 2020. And thanks to shifting dynamics, such as industrialization and the rise and fall of political regimes, the world’s largest economies driving this global growth have changed over time.

This slideshow using graphics from Ruben Berge Mathisen show the distribution of global GDP among countries in 1970, 1995, and 2020.

Methodology

Using data from the United Nations, Mathisen collected nominal GDP in U.S. dollars for each country. He then determined each country’s GDP as a share of global GDP and sized each graphic’s bubbles accordingly.

The bubbles were placed according to country latitude and longitude coordinates, but Mathisen programmed the bubbles so that they wouldn’t overlap with each other. For this reason, some countries are slightly displaced from their exact locations on a map.

1970: USSR as a Major Player

In 1970, the U.S. accounted for the largest share of global GDP, making up nearly one-third of the world economy. The table below shows the top 10 economies in 1970.

RankCountryGDP (1970)Share of Global GDP
#1?? United States (Read more...)