Metropolitan Gross Domestic Product Data Series

2017 Estimates

Missouri’s Gross Domestic Product (GDP) totaled over $304.8 billion in 2017, according to advanced data estimates from the U.S. Bureau of Economic Analysis. The two major Metropolitan Statistical Areas (MSA’s) in Missouri, St. Louis and Kansas City, had the highest GDP of $161.3 billion and $131.1 billion, respectively. The estimates for the metro areas also include Illinois and Kansas data. The MSA’s located entirely in Missouri, with the largest GDP, are the Springfield MSA with $19.5 billion, Columbia MSA with $9.3 billion and Joplin MSA with $7.4 billion.

The private sector industries that have the highest GDP in the state’s metro areas were Manufacturing, Financial Services, and Education & Health Care.

Gross Domestic Product by Metropolitan Statistical Area - Missouri (in Millions)
Area 2015 2016 2017 % Change 15-17
St. Louis, MO-IL (MSA) $155,377 $157,716 $161,281 3.8%
Kansas City, MO-KS (MSA) $125,765 $127,485 $131,092 4.2%
Springfield, MO (MSA) $18,213 $18,567 $19,528 7.2%
Columbia, MO (MSA) $8,658 $8,992 $9,284 7.2%
 Joplin, MO (MSA) $7,228 $7,142 $7,415 2.6%
Jefferson City, MO (MSA) $7,129 $7,083 $7,289 2.2%
St. Joseph, MO-KS (MSA) $5,362 $5,476 $5,626 4.9%
Cape Girardeau, MO-IL (MSA) $4,186 $4,279 $4,315 3.1%
Source: U.S. Bureau of Economic Analysis

Manufacturing

In 2017, the Manufacturing industry represented 13.2 percent of Missouri’s total GDP. All eight of the states MSA’s were above 6 percent GDP in Manufacturing. St. Joseph (31.4%), Joplin (27.3%), Cape Girardeau (19.7%), and Jefferson City (13.1%) had the highest Manufacturing GDP percentages out of the eight MSA’s. 

Manufacturing GDP (In Millions)
MSA 2017 % of Overall MSA GDP
St. Louis, MO-IL (MSA) $20,567 12.8%
Kansas City, MO-KS (MSA) $12,959 9.9%
Springfield, MO (MSA) $2,120 10.9%
Joplin, MO (MSA) $2,027 23.7%
St. Joseph, MO-KS (MSA) $1,767 31.4%
Jefferson City, MO (MSA) $954 13.1%
Cape Girardeau, MO-IL (MSA) $852 19.7%
Columbia, MO (MSA) $592 6.4%
Source: U.S. Bureau of Economic Analysis

Financial Services

The state’s overall GDP for the Financial Services industry in 2017 was 19.4 percent. The Financial Services industry makes up between 9 and 23 percent across Missouri’s eight MSAs. This industry had the highest percentage of overall GDP in Kansas City (23.7%), Columbia (22.1%), St. Louis (20.7%), and Springfield (18.3%). Many of Missouri’s major banks and financial service businesses are located in the major metro areas.

Financial Services GDP (In Millions)
MSA 2017 % of Overall MSA GDP
St. Louis, MO-IL (MSA) $33,439 20.7%
Kansas City, MO-KS (MSA) $31,032 23.7%
Springfield, MO (MSA) $3,573 18.3%
Columbia, MO (MSA) $2,056 22.1%
Jefferson City, MO (MSA) $759 10.4%
Joplin, MO (MSA) $677 9.1%
St. Joseph, MO-KS (MSA) $589 10.5%
Cape Girardeau, MO-IL (MSA) $588 13.6%
Source: U.S. Bureau of Economic Analysis

Educational and Health Services

The state’s overall GDP for the Educational and Health Services industry in 2017 was 9.7 percent. The Educational and Health Services industry had the largest percentage in the Cape Girardeau MSA, at 16.4 percent of the statistical area’s overall GDP. This industry makes up at least 10 percent or more of overall GDP in Springfield (12.6%), Joplin (10.6%), and St. Louis (10.5%) MSA’s. St. Joseph came in very close at 9.9 percent.

Financial Services GDP (In Millions)
MSA 2017 % of Overall MSA GDP
St. Louis, MO-IL (MSA) $17,014 10.5%
Kansas City, MO-KS (MSA) *ND *ND
Springfield, MO (MSA) $2,469 12.6%
Columbia, MO (MSA) $836 9.0%
Joplin, MO (MSA) $783 10.6%
Cape Girardeau, MO-IL (MSA) $708 16.4%
St. Joseph, MO-KS (MSA)  $555 9.9%
Jefferson City, MO (MSA) $525 7.2%
*ND - Not Disclosed at this time
Source: U.S. Bureau of Economic Analysis

Business Services

An additional industry that produced higher localized GDP percentages was the Business and Services Industry. Of the eight Missouri MSA’s, three of them had high GDP to MSA percentages in the Business and Services Industry, and in particular, the “Professional, Scientific, and Technical Services” subsector. Those MSA’s include Kansas City at 15.5% overall GDP, St. Louis at 14.3% overall GDP, and Springfield at 11.2% of their MSA’s GDP. 

Sources

2017 MSA Gross Domestic Product Data, in nominal dollars, was provided by United States Bureau of Economic Analysis.