Can You Tell What This Map Is?

Visual Capitalist |

On a global level, the World Bank estimates that although only 54% of the world’s population lives in urban areas, more than 80% of all economic production happens in cities.

Urban areas provide a combination of network effects and economies of scale that are referred to as “economies of agglomeration”. That’s why countries around the world rely on cities as engines of growth, and the United States is no exception.

Today’s map animation comes to us from Max Galka’s Metrocosm blog, and it helps us to visualize the economic impact of metropolitan areas in the United States. The animation uses a map known as a cartogram which distorts the size of each county based on its relative economic contribution to GDP.

U.S. Map Re-sized Based on Local GDP Contributions



US GDP Cartogram

Galka also provided a static version of the cartogram which highlights the top 10 metro area economies.

Greater New York City is the heavy-hitter here with a $1.5 trillion GDP, which is about the same size as the greater areas of Boston, Philadelphia, Atlanta, and Washington, D.C. combined.

US GDP Cartogram Static

Lastly, for a different perspective on this same data on GDP by county, it may be worth taking a look at a previous post where we included a stunning 3D map that shows economic contribution by city.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Lomiko Metals Inc.

Lomiko Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration and development of resource properties. Its projects include Vines Lake project and Quatre - Milles…

Private Markets

WayBetter

The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…

8tracks

Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.