Gross Metropolitan Product
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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 Market value or OMV (open market valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with ''open market value'', ''fair value'' or '' fair market value'', although t ...
of all final goods and services produced within the unit, similar to how GDP measures national economic output.


European Union

GMP is calculated annually by the
Eurostat Eurostat ("European Statistical Office"; also DG ESTAT) is a department of the European Commission ( Directorate-General), located in the Kirchberg quarter of Luxembourg City, Luxembourg. Eurostat's main responsibilities are to provide statist ...
for NUTS 3-based metropolitan regions.


United States

GMP is calculated annually by the
Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United ...
within the
United States Department of Commerce The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing econ ...
.Honolulu economy 51st largest in U.S.
September 25, 2009. '' Pacific Business News'' This is done only for metropolitan statistical areas and not for micropolitan statistical areas, metropolitan divisions, combined statistical areas, and BEA economic areas.Regional Economic Accounts
October 15, 2012. ''
Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United ...
''


See also

* Gross regional domestic product *
Gross regional product Gross regional domestic product (GRDP), gross domestic product of region (GDPR), or gross state product (GSP) is a statistic that measures the size of a region's economy. It is the aggregate of gross value added (GVA) of all resident producer unit ...
*
List of cities by GDP This is a list of cities in the world by nominal gross domestic product (GDP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria. Cities may be defined as the citi ...
*
List of EU metropolitan areas by GDP A metropolitan region's gross domestic product, or GDP, is one of several measures of the size of its economy. Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan region in a given ...
* List of European Union regions by GDP * List of NUTS regions in the European Union by GDP * List of U.S. metropolitan areas by GDP * List of U.S. metropolitan areas by GDP per capita


References

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External links


Eurostat – Statistics Explained: GDP at regional level
(European regions at NUTS 2 level) Lists by economic indicators Metropolitan areas Gross domestic product United States Department of Commerce Regional economics Urban economics fr:Produit urbain brut