Gross metropolitan product: Difference between revisions

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{{short description|Monetary measure}}
{{short description|Monetary measure}}
'''Gross metropolitan product''' ('''GMP''') is a monetary [[measurement in economics|measure]] of the value of all final goods and services produced within a [[metropolitan statistical area]] during a specified period (''e.g.'', a quarter, a year). GMP estimates are commonly used to compare the relative economic performance among such areas.
'''Gross metropolitan product''' ('''GMP''') is a monetary [[measurement in economics|measure]] that calculates the total economic output of a statistical metropolitan unit during a specific time period. It represents the [[market value]] of all final goods and services produced within the unit, similar to how [[GDP]] measures national economic output.


==European Union==
==European Union==
GMP is calculated annually by the [[Eurostat]].<ref>{{Cite web|url=https://ec.europa.eu/eurostat/databrowser/view/met_10r_3gdp/default/table?lang=en|title=Gross domestic product (GDP) at current market prices by metropolitan regions|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref>
GMP is calculated annually by the [[Eurostat]] for [[Nomenclature of Territorial Units for Statistics|NUTS 3]]-based [[metropolitan region]]s.<ref>{{Cite web|url=https://ec.europa.eu/eurostat/databrowser/view/met_10r_3gdp/default/table?lang=en|title=Gross domestic product (GDP) at current market prices by metropolitan regions|last=|first=|date=|website=|archive-url=|archive-date=|access-date=}}</ref>


==United States==
==United States==
GMP is calculated annually by the [[Bureau of Economic Analysis]] within the [[United States Department of Commerce]].<ref name="pbm09">[http://pacific.bizjournals.com/pacific/stories/2009/09/21/daily51.html Honolulu economy 51st largest in U.S.] September 25, 2009. ''[[American City Business Journals#List of publications|Pacific Business News]]''</ref> This is done only for metropolitan areas and not for [[micropolitan statistical area|micropolitan areas]], metropolitan divisions, [[combined statistical area]]s, and BEA economic areas.<ref>[https://www.bea.gov/regional/ Regional Economic Accounts] October 15, 2012. ''[[Bureau of Economic Analysis]]''</ref>
GMP is calculated annually by the [[Bureau of Economic Analysis]] within the [[United States Department of Commerce]].<ref name="pbm09">[http://pacific.bizjournals.com/pacific/stories/2009/09/21/daily51.html Honolulu economy 51st largest in U.S.] September 25, 2009. ''[[American City Business Journals#List of publications|Pacific Business News]]''</ref> This is done only for [[metropolitan statistical area]]s and not for [[micropolitan statistical area]]s, metropolitan divisions, [[combined statistical area]]s, and BEA economic areas.<ref>[https://www.bea.gov/regional/ Regional Economic Accounts] October 15, 2012. ''[[Bureau of Economic Analysis]]''</ref>


==See also==
==See also==
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[[Category:Regional economics]]
[[Category:Regional economics]]
[[Category:Urban economics]]
[[Category:Urban economics]]
[[fr:Produit urbain brut]]

Latest revision as of 16:34, 16 January 2026


Gross metropolitan product (GMP) is a monetary measure that calculates the total economic output of a statistical metropolitan unit during a specific time period. It represents the market value of all final goods and services produced within the unit, similar to how GDP measures national economic output.

European Union[edit | edit source]

GMP is calculated annually by the Eurostat for NUTS 3-based metropolitan regions.[1]

United States[edit | edit source]

GMP is calculated annually by the Bureau of Economic Analysis within the United States Department of Commerce.[2] This is done only for metropolitan statistical areas and not for micropolitan statistical areas, metropolitan divisions, combined statistical areas, and BEA economic areas.[3]

See also[edit | edit source]

References[edit | edit source]

  1. "Gross domestic product (GDP) at current market prices by metropolitan regions".
  2. Honolulu economy 51st largest in U.S. September 25, 2009. Pacific Business News
  3. Regional Economic Accounts October 15, 2012. Bureau of Economic Analysis

External links[edit | edit source]