The Greater Mexico City has a gross domestic product (GDP) of US$411 billion in 2011, making Mexico City urban agglomeration one of the economically largest metropolitan areas in the world. The city was responsible for generating 15.8% of Mexico's Gross Domestic Product and the metropolitan area accounted for about 22% of total national GDP. As a stand-alone country, in 2013, Mexico City would be the fifth-largest economy in Latin America—five times as large as Costa Rica's and about the same size as Peru's.