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Local GDP Estimates Around the World

Author

Listed:
  • Esteban Rossi-Hansberg
  • Jialing Zhang

Abstract

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.

Suggested Citation

  • Esteban Rossi-Hansberg & Jialing Zhang, 2025. "Local GDP Estimates Around the World," NBER Working Papers 33458, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:33458
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    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • F0 - International Economics - - General
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

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