Saturday, February 7, 2015

Saturday Stats: The San Jose Metro Has the #3 Highest GDP Per Capita in the World

GDP (Gross Domestic Product) represents the value of all goods and services produced withing a country's borders over the course of a year. GDP per capita is an offshoot metric that looks at the average amount each individual produces in a given area, and includes everyone in the population even if they do not work.

It turns out that San Jose has the highest GDP per capita in the US and the third highest in the entire world. Only Zurich and Oslo ranked higher. San Jose's GDP per capita came in at $77,440 per person while San Francisco was $66,790.

Also worth noting is that San Jose is one of only 32 metros in the US that have fully recovered from the recession.

Source: SiliconBeat

1 comment:

  1. I don't know how this is accurate if Poverty here in San Jose is at a really high rate. Yeds people wotk and make good money but at the end of the day their money went to $3,500 monthly mortgage and car/house/ health insurance, food, gas, cable, internet. Everyone is left with little money to spend . I think this based on all the CEO's that live here that have 15,000 sq. ft homes and 10 car collection. Tired of living in Expensive Silicon Valley.