Annual Update: Gross Domestic Product
Houston has the seventh largest metro GDP in the nation.
Published on 4/8/21
Metro Rankings for GDP
The U.S. Bureau of Economic Analysis (BEA) estimates Houston’s gross domestic product (GDP) at $512.2 billion in ’19, ranking it as the nation’s seventh largest metro economy.
- The U.S. Bureau of Economic Analysis (BEA) estimates Houston’s gross domestic product (GDP) at $512.2 billion in ’19, ranking it as the nation’s seventh largest metro economy.
- Metro Houston’s GDP rose 2.9 percent from $498.0 billion in ’18 to $512.2 billion in ’19, a 10-year peak and the first time this decade that Houston’s GDP exceeded $500 billion.
- The Houston region has a gross domestic product greater than 37 states and accounts for 27.8 percent of Texas’ GDP.
- If Houston were an independent nation, the region would have the 27th largest economy in the world, placing it behind Belgium ($529.7 billion) and ahead of Nigeria ($448.1 billion).
Patrick Jankowski, CERP
Senior Vice President, Research
713-844-3616
pjankowski@houston.org
Heath Duran
Manager, Research
713-844-3654
hduran@houston.org
