You know you’re in a first-world economy when … many of your metro areas have larger economies than whole countries.
The Wall Street Journal wanted to put into perspective just how big the gap is between the U.S. economy and much of the rest of the world and so created a ranked list.
“Inside the $15 trillion machine that is U.S. economy are dozens of metropolitan economies, from New York to Honolulu, that are the real pistons and gears of U.S. growth and prosperity,” the WSJ wrote.
While Seattle (and metro area) rank below these areas:
- New York-Northern New Jersey-Long Island, NY-NJ-PA
- Los Angeles-Long Beach-Santa Ana, CA
- Chicago-Joliet-Naperville, IL-IN-WI
- San Francisco-Oakland-Fremont, CA
- And several other major metro areas,
… our metro area (which includes Bellevue and Tacoma) ranks above the economies of entire countries like Ireland, Egypt, New Zealand, Cuba and many more.
The photo below is a screen grab from the Journal's ranking (the amounts on the right are GDP or GMP in billions):