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City Nominal GDP: Total, Private, and Government

Source: Bureau of Economic Analysis
Latest Data: 2021
Frequency: Annual

The data series for City Nominal GDP is what the Bureau of Economic Analysis (BEA) calls current gross domestic product (GDP) by city and is defined as the sum of the GDP originating in all the industries within a metropolitan statistical area without being adjusted for inflation. According to the BEA, “the private goods-producing industries consist of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing” and “the private services-producing industries consist of utilities; wholesale trade; retail trade; transportation and warehousing, excluding Postal Service; information; finance and insurance; real estate, rental, and leasing; professional, scientific, and technical services; management of companies; administrative and support and waste management and remediation services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services (except government and government enterprises).”

For metropolitan area GDP, the BEA uses an income (as opposed to spending) approach. The BEA sums incomes earned by labor and capital together with the costs incurred in the production of goods and services, with taxes included as some of those costs.

The BEA calculates GDP at the city level for both “Private” and “Government” sectors, both of which are given here, as well as the share of the total GDP for both of those sectors.  Nominal GDP--Private is the Nominal GDP minus government expenditures and investments. The amounts given for government spending indicate the Nominal GDP--Government.  Nominal GDP--Government Share of City GDP is the Nominal GDP--Government divided by the total Nominal GDP of the city expressed as a percentage. Nominal GDP--Private Share of City GDP is the Nominal GDP--Private divided by the total Nominal GDP of the city expressed as a percentage.

More information on how the BEA calculates GDP by Metropolitan area can be found here.

Note: This data series does not include Chula Vista (Chula Vista is included as of 2019 data), Irvine, Plano, and Santa Ana (not available on the website). Additionally, some of the cities have the same data points because the metropolitan area includes multiple cities. For example, Los Angeles, Long Beach, and Anaheim are one metropolitan statistical area, so the numbers for their Nominal GDPs are the same. 

Source: Bureau of Economic Analysis, Gross domestic product (GDP) by metropolitan area (millions of current dollars), All industry total, last updated on February 26th, 2021, with new statistics for 2019 and revised statistics for 2001-2018.