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Gross Regional Product Per Capita

• Tampa Bay’s per capita economic output has grown steadily, rising from about $44,033 in 2013 to $53,753 in 2023, but it remains one of the lowest among comparison MSAs, signaling a regional economy that is expanding but still trailing higher-productivity metros.
• High-output economies such as Seattle ($120,592), Denver ($86,182), and Austin ($83,885) lead the comparison group in 2023, reflecting strong concentrations of advanced industries and high-value economic activity.
• Tampa Bay’s moderate GRP per capita places it closer to regions like Orlando and San
  Antonio, underscoring the metro’s continued dependence on service-oriented sectors with comparatively lower output per worker.

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Trend Over Time

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Competitive Position Trend

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^{Gross Regional Product (GRP) per capita measures the total economic output of a region divided by its population. It reflects the average value of goods and services produced per resident and serves as a core indicator of regional economic productivity, competitiveness, and overall economic strength. Source: U.S. Bureau of Economic Analysis (BEA), Regional Economic Accounts, 2013–2023.Gross Domestic Product by Metropolitan Area, divided by population to calculate GRP per capita.}