Local GDP Estimates Around the World
We use high-resolution spatial data to build a novel global annual gridded GDP dataset at 1°, 0.5°, and 0.25° resolutions from 2012 onward. Our random forest model trained on local and national GDP achieves an R² above 0.92 for GDP levels and above 0.62 for annual changes in regions left out of the training sample. By incorporating diverse indicators beyond population and nighttime lights, our estimates offer more precise subnational GDP measurements for analyzing economic shocks, local policies, and regional disparities. We evaluate the precision of our estimates with a sample case of COVID-19’s impact on local GDP in China.
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Copy CitationEsteban Rossi-Hansberg and Jialing Zhang, "Local GDP Estimates Around the World," NBER Working Paper 33458 (2025), https://doi.org/10.3386/w33458.Download Citation
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Published Versions
Esteban Rossi-Hansberg & Jialing Zhang, 2026. "Local GDP estimates around the world," Journal of Urban Economics, vol 154.