Regional Wealth

The 2024 Cape Cod Comprehensive Development Strategy (CEDS) outlines the region’s economic development vision and goals, consistent with the 2025 Cape Regional Policy Plan. One of the goals of the CEDS is to “Foster diverse and innovative industries that capitalize on Cape Cod’s competitive advantages and will improve the region’s resiliency in the face of current and future challenges.” Barnstable County’s Gross Domestic Product (Real GDP), a key metric of regional wealth, amounted to more than $19 billion in 2024 (in current dollars). Over the past several years, the GDP has increased overall, recovering from a decline between 2019 and 2020 due to the COVID-19 pandemic. The private industries comprising the greatest shares of the County’s GDP in 2024 were real estate, rental, and leasing; health care, and social assistance; and accommodation and food services and retail trade.