Detroit metro area GDP U.S. 2022| ��ƽ��

GDP of the Detroit metro area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)

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Release date

December 2023

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Region

United States

Survey time period

2001 to 2022

Supplementary notes

The Detroit metropolitan area, often referred to as Metro Detroit, is the metropolitan area located in Southeast Michigan centered on the city of Detroit which shares an international border with Windsor, Ontario. The United States Office of Management and Budget defines the Detroit–Warren–Livonia Metropolitan Statistical Area (MSA) as the six counties of Lapeer, Livingston, Macomb, Oakland, St. Clair, and Wayne. The MSA covers an area of 3,913 square miles (10,130 km2).

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

Citation formats

In 2022, the Detroit metro area GDP amounted to * billion U.S. dollars, an increase from the previous year.

Detroit's GDP

Between 2001 and 2022, the GDP of the Detroit-Warren-Dearborn metro area rose from * billion U.S. dollars in 2001 to * billion U.S. dollars in 2021, dipping in 2009 to * billion U.S. dollars. Despite a rise in GDP, the city of Detroit filed for bankruptcy in July 2013 with debts of approximately ** billion U.S. dollars. Detroit was the largest municipality to file for bankruptcy since 1953. Second largest was Jefferson County, Alabama, which filed in 2011 with debts of approximately *** billion U.S. dollars. In 2021, the Detroit metro area had a population of around 4.36 million inhabitants.

City of Detroit

Detroit was once a major production hub of the American automobile industry, but has since suffered decline as car manufacturers faced international competition and automobile production was moved out of the city. As a result, workers left Detroit and the population fell. In 2019, Detroit had a resident population of roughly ** people, ranking **** on the list of largest U.S. cities, but has since fallen off the list of the ** most populous cities in the U.S. Poverty remains a problem for the city and many buildings remain empty and derelict. Crime rates also indicate the extent of Detroit’s decline. Detroit was the second most dangerous city in America in 2022, with crimes per 100,000 residents.