U.S. Chicago metro area GDP 2001-2022
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 68 percent in comparison to the 47 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.