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Jeremy Horpedahl reports that Manhattan produces over $1 trillion in economic output, making it larger than all but the 20 biggest global economies.
He adds that this figure exceeds the economic performance of Ireland, which is considered a high GDP country and has three times Manhattan's population.
Horpedahl recently discussed how positional goods such as real estate influence economic sentiment and access for individuals. In an earlier article, he examined the limitations of comparing U.S. and German wealth using non-PPP data. His recent focus on Manhattan’s GDP adds to a series of analyses on international economic performance.