Downtown Los Angeles slyline looking northeast. Los Angeles Almanac Photo.
Also see: Los Angeles County Population vs. State Populations
With an economic gross domestic product of more than $747 billion in 2020, Los Angeles County contributes a quarter of California's gross state product. It ranks second among all U.S. counties only to New York County (Manhattan Island, New York City) for gross domestic product. It has a larger economic output than all but six U.S. states (California, Texas, New York, Florida, Illinois, Pennsylvania). If Los Angeles County were itself an independent nation among the world's 217 independent national economies, it would rank as the world's 19th largest economy (just a little behind Switzerland). It has a larger gross economic output than, for example, Turkey, Saudi Arabia, Poland, Sweden, Belgium, or Thailand.
| Year | Real GDP (in thousands of chained 2012 dollars) | Current-dollar GDP (in thousands of current dollars) |
|---|---|---|
| 2020 | $659,328,437 | $747,523,558 |
| 2019 | $703,781,312 | $789,460,877 |
| 2018 | $681,549,961 | $752,017,612 |
| 2017 | $662,418,536 | $715,267,112 |
| 2016 | $639,934,876 | $681,188,404 |
| Year | Real GDP (in thousands of chained 2012 dollars) | Current-dollar GDP (in thousands of current dollars) |
| 2015 | $628,765,253 | $661,324,357 |
| 2014 | $604,034,122 | $624,867,909 |
| 2013 | $587,370,781 | $597,849,809 |
| 2012 | $576,713,190 | $576,713,190 |
| 2011 | $571,324,012 | $558,788,408 |
| Year | Real GDP (in thousands of chained 2012 dollars) | Current-dollar GDP (in thousands of current dollars) |
| 2010 | $561,409,984 | $539,921,212 |
| 2009 | $547,249,104 | $520,267,632 |
| 2008 | $569,813,740 | $537,541,173 |
| 2007 | $555,951,086 | $517,559,678 |
| 2006 | $547,542,672 | $497,032,624 |
| Year | Real GDP (in thousands of chained 2012 dollars) | Current-dollar GDP (in thousands of current dollars) |
| 2005 | $525,750,328 | $465,922,362 |
| 2004 | $514,064,136 | $444,304,422 |
| 2003 | $499,512,771 | $421,461,776 |
| 2002 | $482,467,282 | $401,632,764 |
| 2001 | $473,306,527 | $388,463,854 |
Source: Bureau of Economic Analysis, U.S. Department of Commerce.
