Chicago metro area real GDP U.S.| ��ƽ��

Gross domestic product (GDP) of the Chicago metro area in the United States from 2001 to 2023 (in billion chained 2017 U.S. dollars)

Characteristic	GDP in billion chained 2017 U.S. dollars
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Source

Release date

December 2024

More information

Region

United States (Illinois)

Survey time period

2001 to 2023

Supplementary notes

The Chicago metropolitan area, or Chicagoland as it is commonly called, is the metropolitan area associated with the city of Chicago, Illinois and its suburbs. It is the area that is closely linked to the city through social, economic, and cultural ties. There are several definitions of the area, including the definition by the United States Census Bureau, the area defined by the Office of Management and Budget (OMB) as the Chicago-Joliet-Naperville, IL-IN-WI Metropolitan Statistical Area (MSA), and the area under the jurisdiction of the Chicago Metropolitan Agency for Planning (a metropolitan planning organization). The metropolitan Chicago population (CSA) is over 9.9 million people.

Data between 2001 and 2016 are in 2012 U.S. dollars. The following years are in chained 2017 U.S. dollars.

Citation formats

In 2023, the real GDP of the Chicago-Naperville-Elgin metropolitan area amounted to * billion chained 2017 U.S. dollars. The GDP of the United States since 1990 can be accessed here.

Economic growth and unemployment in Chicago

Economic growth in Chicago, measured by the growth in Gross Domestic Product (GDP), was significant in the years between 2001 and 2022. This growth occurred in a period of growth for cities nationally as seen by growth of other major American cities such as Los Angeles and San Francisco. In contrast to Chicago’s growth, San Francisco’s growth rate demonstrated the effect of a new and booming industry. The influence of technology and internet companies saw San Francisco grow nearly ** percent in comparison to the ** percent growth in GDP achieved by Chicago. As a result, Chicago-Naperville-Elgin ranked third in Gross Metropolitan Product of the United States, by metropolitan area in 2022.

The drop in GDP output in 2020 can be attributed to the COVID-19 pandemic.