The Guangdong-Hong Kong-Macao Greater Bay Area’s city cluster will extend across Hong Kong, Macao and nine Pearl River Delta (PRD) cities. Real (inflation adjusted) GDP per Capita over time. Annual growth, 2014-2017. In 2019, the gross domestic product (GDP) growth rate of the Guangdong - Hong Kong - Macao Greater Bay Area ranged at around 4.4 percent. 4.3%. The GDP per capita of Green Bay Metro Area (WI) was $53,401 in 2017. Dongguan is located at the south-central part of Guangdong Province, on the east bank of the Pearl River Estuary and sits in the center of the Guangdong-Hong Kong-Macao Greater Bay Area as well as the middle section of the … Its services sector is also robust, accounting for 77 per cent of GDP. GDP. Both the Bay Area and San Diego are major tech centers and it is the rapid growth in technology sector output that contributed to the strong GDP growth. The Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) brings together the two Special Administrative Regions of Hong Kong and Macao and nine municipalities in Guangdong Province. After years of being overrun by new residents drawn by a red-hot economy, the number of people moving out … Population figures based on United Nations data. At end 2019, the total population is over 72 million, the GDP is USD 1,679.5 billion and GDP per capita is USD 23,371. The city is well-known for its scenic environment and abundant natural resources. It has the second largest area among the mainland GBA cities and a population of about 4.83 million. Hong Kong will capitalise on the opportunities brought about by the development of the Greater Bay Area. Los Angeles will be hosting it's 3rd Olympics in 2028 and by than the transportation and metro rail system will probably be a top 3 system in America. It’s current GDP is estimated by government reports to be at about RMB 417.7 billion (US$60.6 billion). The Bay Area may be losing a bit of its luster. Producers, processors, distributors, retailers, restaurants, and food services companies are What sets the Greater Bay Area apart from other city clusters and bay areas is its two special administrative regions, Hong Kong and Macau. Area 1 107 km 2; Population 7 482 500; Gross domestic product (GDP) Details The Bay Area has an extraordinarily rich and diverse food system that is an integral part of our region’s economic prosperity, environmental sustainability, regional identity, and vibrant cultural life. The 576 micropolitan statistical area (μSAs) are shown in light green. Here shows the economic indicators of each city as well as the statistical comparison with San Francisco Bay Area, New York Metropolitan Area and Tokyo Bay Area. Like everyone else said, Bay area already reached it's peak while Los Angeles still has way more room to grow and is experiencing it's 2nd construction boom that was due 80 years ago. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita The Guangdong-Hong Kong-Macau Greater Bay Area (GD-HK-MO, simplified Chinese: 粤港澳大湾区; traditional Chinese: 粵港澳大灣區; pinyin: Yuègǎng àodà wānqū) also referred as Greater Bay Area (GBA), is a megalopolis, consisting of nine cities and two special administrative regions in South China.On 7 December 2016, the concept for the area was mentioned in the English … With the Greater Bay Area steering towards growing its high value-added industries, its GDP per capita is set to strengthen. In 2019, the average per capita gross domestic product (GDP) in the Guangdong - Hong Kong - Macao Greater Bay Area reached 23,116 U.S. Gross Domestic Product (GDP) is a measure of the value of all goods and services produced in a region minus the value of the goods and services used up in production. Silicon Valley and the Bay Area only trail the Texas oil center Midland, a metro area with 165,000 residents generating $174,749 per capita GDP. The Bay Area, with Silicon Valley leading the way, saw a 5.2 percent increase in gross domestic product in 2016, more than triple the 1.5 percent national growth rate. The area now boasts a strong advanced manufacturing sector that benefits from the six ports in Tokyo Bay. The San Diego County economy also outpaced the nation in 2011. Greater Bay Area Overview The Greater Bay Area (GBA) initiative’s goal is ambitious: combining Hong Kong, Macau and the cities of Guangdong’s Pearl River Delta to create a region with the economic heft that is comparable to the San Francisco Bay Area, Greater New York and the Greater Tokyo Area. As early as in 2014, GDP in the area reached $1.2 trillion, twice that in the Bay Area near San Francisco, and the value of imports and exports was about 1.5 trillion dollars. To succeed, the relevant infrastructure, Change in GDP. Per capita GDP, 2017. $748 billion. Hong Kong will fully leverage its strengths as an international financial, transportation and trade centre and the status as an international aviation hub under "one country, two systems" to facilitate and support the economic development of the region, with a view to enhancing the … The Chinese government expects the GDP of the Greater Bay Area, which includes 11 Pearl River Delta cities such as Shenzhen (pictured), to reach US$4.62 trillion by 2030. Bay Area ‘cloud kitchens’ Fairmont Hotel’s big revamp Breaking News ... Its total GDP of $275 billion would be the 42nd highest in the … Note: the above figures are based on the Statistical Communiqué of Dongguan on the 2019 National Economic and Social Development. Hong Kong. The county had the second-lowest growth rate in the Bay Area, at 0.26 percent, after San Mateo County’s 0.22 percent. Area: 1 107km 2: Population: 7 520 800: Gross domestic product (GDP) HK$2,865.7 billion: GDP per capita: HK$382,000: Value of total merchandise trade: HK$8,404.1 billion $80,000. More than Annual change in real GDP. The GDPs of Tokyo Bay and New York Bay by 2030 were expected to hit US$3.24 trillion and US$2.18 trillion, respectively. Covering 56,000 square kilometres (about three times the size of the San Francisco Bay Area), the Greater Bay Area has a combined population of over 72 million people and GDP … San Francisco metro area, second quarter 2020 (U.S. = $1,188; Area = $2,129) Source: U.S. BLS, Quarterly Census of Employment and Wages. Bay Area Council Economic Institute 353 Sacramento Street, Suite 1000, San Francisco, CA 94111 Phone: (415) 981-7117 • Fax: (415) 981-6408 • Email The Bay Area economy by the numbers. Latest official GDP figures published by the World Bank. Metropolitan area GDP estimates released in February 2013 show that the state’s growth was driven by a 4.1% increase in Bay Area. This is a list of U.S. metropolitan areas by their gross domestic product. Metropolitan area 2017 GDP per capita (chained 2009 US-Dollars) 1 Midland, TX Metropolitan Statistical Area: 174,749 2 San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area: 128,308 3 San Francisco–Oakland–Hayward, CA Metropolitan Statistical Area: 89,978 4 Bridgeport-Stamford-Norwalk, CT Metropolitan Statistical Area: 87,082 5 The Northern California Megaregion (also Northern California Megalopolis), distinct from Northern California, is an urbanized region of California consisting of many large cities including San Jose, San Francisco, Sacramento, and Oakland.There are varying definitions of the megaregion, but it is generally seen as encompassing the San Francisco Bay Area, the Sacramento area… Regional gross domestic product, 2017. San Francisco Area Economic Summary: This summary presents a sampling of economic information for the area; supplemental data are provided for regions
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