In 2022, the GDP of the San Francisco Bay Area amounted to 654.73 billion U.S. dollars, an increase from the previous year.
The overall quarterly GDP growth in the United States can be found here.
The GDP of the San Francisco Bay Area
The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. There are approximately 4.62 million people living in the metro area as of 2022.
Silicon Valley
In the ten year period between 2001 and 2011, the Bay Area saw steady GDP growth. Starting in 2012, it began to skyrocket. This is thanks to an economic boom in the tech sector, and high value companies headquartered in Silicon Valley - also part of the Bay Area. Silicon Valley is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there. Additionally, California ranked first on a list of U.S. states by GDP, with more than 3.59 trillion U.S. dollars in GDP in 2022.
GDP of the San Francisco Bay Area in the United States from 2001 to 2022
(in billion chained 2017 U.S. dollars)
Characteristic
GDP in billion chained 2017 U.S. dollars
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The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma.
Data between 2001 and 2016 are in 2012 U.S. dollars. The following years are in chained 2017 U.S. dollars.
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BEA. (December 7, 2023). GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/
BEA. "GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars)." Chart. December 7, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/
BEA. (2023). GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/
BEA. "Gdp of The San Francisco Bay Area in The United States from 2001 to 2022 (in Billion Chained 2017 U.S. Dollars)." Statista, Statista Inc., 7 Dec 2023, https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/
BEA, GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars) Statista, https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/ (last visited August 24, 2024)
GDP of the San Francisco Bay Area in the United States from 2001 to 2022 (in billion chained 2017 U.S. dollars) [Graph], BEA, December 7, 2023. [Online]. Available: https://www.statista.com/statistics/183843/gdp-of-the-san-francisco-bay-area/