Economic forecasting and analysis Forms for Houston
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FAQ
Total GDP for Houston MSA Annual, Not Seasonally Adjusted, Not Inflation Adjusted. The U.S. Bureau of Economic Analysis estimates Houston metro's GDP at $490 billion in 2017, ranking it the 7th among the top 50 metropolitan areas in the country. It accounts for almost 29 percent of the state's GDP.
In 2020, the real gross domestic product (GDP) of the Greater Houston area amounted to 455.3 billion U.S. dollars. This a decrease from the previous year when the area's real GDP came to 469.35 billion U.S. dollars.
The largest service industries are trade, transportation and utilities (20.8 percent of jobs), professional and business services (16.9 percent), and government (13.7 percent). The goods-producing sector employs 494,700 Houstonians and accounts for approximately one in five of the region's jobs.
The U.S. Bureau of Economic Analysis estimated the Houston MSA's Gross Domestic Product (GDP) at $512.2 billion in '19, ranking it as the nation's seventh largest metro economy.