Instead, the state has some of the largest shares of workers employed in the information and finance industries. - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). Comparing each state's GDP to countries around the world, Counties in every state with the fastest-growing income, American cities that have grown the most since 1950, Biggest corporate subsidies of the last 20 years, Most progressive and regressive taxation states, Entrepreneurs who built companies after age 40, States where you are most likely to hit a deer, one of the highest per capita GDPs in central Europe, 50 ways the housing market has changed in the past 50 years, The most conservative public colleges in America. Technology has made our lives easier in many ways. To determine the states with the best and worst economies, both in the years leading up to the pandemic and during it, 24/7 Wall St. created an index of five measures five-year economic growth, five-year employment growth, the poverty rate, unemployment rate, and share of adults with a bachelors degree or higher. A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. More than three-quarters of Saudi Arabias exports are oil-related either in crude, refined, or gas form. A common debate at the bar and on the internet regularly centers on how one state could stand on its own independently. > Country w/ similar GDP: Guatemala ($52.8 billion) questions about the economy? share our stories with your audience. For almost two centuries, cotton has been essential to Oklahomas economy. Though Nebraska has a much smaller population than the Slovak Republic, its landmass is more than four times that of the European nation. Washington Roulette and slot machines are less prevalent in Chad, which banks on oil and agriculture. It has also been a refuge for people and groups displaced by violence. Idaho had a $67.0 billion GDP in 2017, in line with the GDP of Uzbekistan, a country with nearly 19 times more people than Idahos population of 1.7 million. Alaska, which is the largest state, has among the lowest state populations in the country. Florida's death toll, however, remains lower than Italy's - 4,277 in Florida, compared to 34,954 in Italy. storytelling. The Florida Chamber Foundation is a 501(c) (3) charitable organization that focuses on research and initiatives to make our state a leading place in the world to live and work. > GDP: $463.6 billion About this page: Side-by-side comparisons of all American counties using frequently requested population, demographic, and social indicators from the United States Census Bureau. Tallahassee. - 2018 state GDP: $1trillion This makes it the least densely populated in the country. To that end, Stacker compiled a list comparing every states GDP to countries around the world. Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. - GDP higher than: 169 of 212 countries Pennsylvania > GDP: $238.9 billion Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. > Country w/ similar GDP: Morocco ($119.3 billion) Theres a dose of luck, but its hardly a coincidence that Canada and Germany, for instance, have higher vaccination rates and lower COVID death rates than the United States. SmartAssets free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Apr 30, 2018. 13 Miami, Top Rays pitching prospect Taj Bradley makes dazzling debut, Lightning acquire Tanner Jeannot from Predators, Jon Mott not too tired to win again at Gasparilla Distance Classic, Florida Highway Patrol car hits, kills Pasco bicyclist, St. Petersburgs Christina Welsh runs away with Gasparilla weekend, Why IndyCars most popular driver almost moved to St. Petersburg, When will Social Security sunset? During the past two months, however, Florida's daily average has plummeted by more than 90 percent, to about 1,700 cases, or eight for every 100,000 residents. > Md. Indian Ocean. One key contributor to Georgias economy is a growing film industry. You may also like: Best places to retire in every state, - 2018 state GDP: $532.9 billion The United States gained its economic-superpower status through consumer spending and highly developed industries that are backed by advanced technology and vast natural resources. - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). Texas would be able to fit much of Florida's peculiar form inside the state outline if it was kind enough to let bits of Georgia, South Carolina and Alabama in for whatever reason. The rates are cumulative, so the longer the duration of time overall, 30-day, 7-day the higher the rate will likely be if measured from the same point in time. On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. - GDP higher than: 129 of 212 countries - GDP equal to: Hungary ($157.9 billion) plus Benin ($10.4 billion). Florida attained statehood in 1845, yet not until a pair of railroad barons built lines down the Atlantic and Gulf coasts in the late 1800s and early 1900s . > GDP: $148.5 billion - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). On 7 August, the government announced a further 25 billion ($29.5bn) stimulus package which included plans to extend its furlough scheme for up to Peru is the 20th largest country in the world, with a total area of approximately The US economy is so big . But the delta variant has still infiltrated those defenses. The countrys economy has struggled since leader Muammar Gaddafi was deposed in 2011, leading to a power vacuum that has caused the country to fracture politically. Oregon and more. It's bigger than Japan (377,900km 2. The auto industry has been a beacon of Michigans economy for almost a century. Californias $2.6 trillion economy is the largest of any state. > Ky. GDP per capita: $41,463 (New Zealand: $37,853). Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. About 40% of all coal in the United States is mined in Wyoming, and the state is also home to the largest uranium mining operations in the country. > Minn. population: 5.6 million (Singapore: 5.6 million) > Country w/ similar GDP: Algeria ($199.2 billion) Singapore has a highly developed economy and is a global financial hub. In other words, the United States is 14 times larger than Texas. But how do the countrys COVID numbers measure up to the rest of the world, and what might we learn from the comparison? U.S. national defense spending is the heart and soul of Guams economy. West Virginias 2017 GDP of $70.6 billion is nearly in line with that of Oman, a Middle Eastern country with a $74.8 billion economy. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. Meanwhile, Ecuadors economy depends heavily on petroleum exports and suffered in recent years from falling oil prices. > GDP: $91.0 billion The nations GDP per capita is below $5,000. Benins new free market economy is showing signs of growth, with cotton as an anchor. As for COVID, Florida has some explaining to do. - GDP higher than: 192 of 212 countries. Montana, home to just over 1 million people, has a $44.4 billion economy similar in size to the economy of Lebanon, a country of over 6 million people. > Country w/ similar GDP: Ghana ($50.6 billion) > GDP: $207.7 billion Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. - GDP higher than: 136 of 212 countries > N.J. population: 9.0 million (Iran, Islamic Rep.: 81.2 million) > Va. GDP per capita: $54,730 (Nigeria: $2,412). The countrys economy centers around manufacturing, with more than a quarter of exports in 2017 in vehicles or vehicle parts. > Mass. Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. West Virginias GDP owes a lot to income from mining and plastics. Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. > Country w/ similar GDP: Netherlands ($918.3 billion) Minnesota - GDP equal to: Bangladesh ($274billion) plus San Marino ($1.6 billion). Croatia is home to four times as many people as Delaware and its landmass is nearly nine times the size of the state. > Wyo. You may also like: Can you answer these real 'Jeopardy!' Factors like the European Union instability, Brexit, and protests in Hong Kong are hampering markets around the world. > Country w/ similar GDP: Kazakhstan ($196.0 billion) Arkansas economy generated $114.0 billion in 2017, roughly in line with the GDP of Morocco, a North African nation with a population nearly 12 times that of Arkansas. As a result, the per capita GDP of Saudi Arabia is significantly smaller than Pennsylvanias. The countrys chief exports include cotton, gas, and gold. - 2018 state GDP: $114.8 billion Mercator's map inadvertently also pumps up the sizes of Europe and North America. New Mexicos economy relies on industries like agriculture, forestry, mining, and arts, entertainment, and accommodation, which employ a larger than typical share of workers in the state. > Maine population: 1.3 million (Azerbaijan: 9.9 million) However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. Florida Population 2023. - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). > Iowa GDP per capita: $53,798 (Qatar: $65,694). Pakistan relies on mostly textiles and some pharmaceuticals to build its GDP. - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). > Ala. GDP per capita: $39,523 (Kazakhstan: $10,868). The relatively young country on the western shore of the Mediterranean Sea also exports billions of dollars worth of chemical products like medicine, pesticides, and fertilizer. In 2021 the population of Texas was about 29.53 million people which is roughly 8.8% of the total US population of 332 million people. Simply replace the FIPS codes in the URL to generate your own comparison. But ultimately, you have to live with that decision. We will place both states on top of each other on the same map in order to show you their relative size. GDP per capita: $48,377 (Romania: $11,045). GDP per capita: $33,558 (Angola: $3,414). But it's . > Country w/ similar GDP: Norway ($481.8 billion) - GDP equal to: Israel ($370.6 billion) plus Turks and Caicos Islands ($1billion). This page lists the total size (land plus water) and the land area for the 50 US states. - GDP higher than: 125 of 212 countries Florida was the 27th state to be admitted to the Union in 1845. - 2018 state GDP: $73.5 billion Squash, vanilla beans, and yams are plentiful in Tonga. On a per capita basis, Singapore is wealthier than Tennessee. - 2018 state GDP: $563.7 billion - 2018 state GDP: $336.3 billion Fri, Jul 15, 2016 at 2:53 pm, Video shows Florida alligator easily blasting through a metal fence, Central Florida Fair is back in Orlando for a 111th year. New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. Hawaii Motor vehicles and parts also are important to Argentinas GDP. - GDP higher than: 130 of 212 countries Florida and Alabama, with $1.087 trillion in GDP, almost match Mexico at $1.14 trillion, while Texas's economy, $1.59 trillion, is close to that of Brazil at $1.74 trillion. A coastal country, Chile also exports seafood and wine. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Florida's growth compared to the rest of the world. In doing so, youre agreeing to the below guidelines. Per capita GDP by state came from the BEA and is also for 2017. No corner of the country was untouched by the pandemics economic consequences but some states have emerged better off than others. Nebraska The size of the 50 U.S. states, listed from largest to smallest. In Mauritania, the economy is focused on agriculture and raising livestock. - 2018 state GDP: $565.8 billion - GDP higher than: 163 of 212 countries Though Algerias population is more than eight times the size of South Carolinas population, and the country has a landmass that is over 28 times the size of the state, the two geographic areas have nearly the exact same GDP. [emailprotected]. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. > GDP: $52.3 billion Though Washington is one of the more productive states relative to its size with a nearly $65,000 GDP per capita, Norways per capita output of over $91,000 is greater. The unemployment rate in Portugal is estimated at 7.3%, well above Connecticuts 2018 jobless rate of 4.1%. > GDP: $50.8 billion There are a few guidelines and Zillow offers "Zestimates" on . Florida's most populous city is Jacksonville, with an estimated population of 949,611. The lower number is a function of measuring deaths across only 30 days, not 19 months. In fact, it's 1.076 million km, and has almost 14 million residents according to the province's 2016 data.. At 268,597 square miles, Texas has about 171,902,808 acres of land. Scotland has a land size of 30,415 . - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). - 2018 state GDP: $675.9 billion Lets choose wisely. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . > Colo. population: 5.6 million (Singapore: 5.6 million) on - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). > Colo. GDP per capita: $57,654 (Singapore: $55,236). > Country w/ similar GDP: Singapore ($310.0 billion) As a result, Singapore is more productive on a per capita basis. What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. In other words, Alaska is approximately 10.12 times larger than Florida. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). > R.I. GDP per capita: $50,446 (Slovenia: $25,662). South Dakota That puts Alabamas GDP above the total for Greece, which is slowly rebounding from high rates of unemployment, thanks to increased GDP from mining. - GDP higher than: 114 of 212 countries population: 3.0 million (Morocco: 35.7 million) If Florida were a country, it . - GDP higher than: 148 of 212 countries Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. - 2018 state GDP: $622billion > Country w/ similar GDP: Portugal ($238.0 billion) Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. > Country w/ similar GDP: India ($2.6 trillion) Connecticuts economy generated $238.9 billion in 2017, similar to the GDP of Portugal a country with nearly three times as many people and a landmass over six times the size of the state. population: 869,666 (Libya: 6.4 million) > Country w/ similar GDP: Lebanon ($43.2 billion) population: 6.7 million (Singapore: 5.6 million) Utah Same goes for comparing the last month to last week, which wasnt very good for Florida either. The nation's most closely watched forecasting model . It closely matches the GDP of Australia. The countrys wealth is partially due to the discovery of oil offshore in the 1960s. > GDP: $38.7 billion > Hawaii population: 1.4 million (Myanmar: 53.4 million) Pennsylvanias GDP is the closest to that of the petroleum-rich nation Saudi Arabia. GDP per capita: $42,276 (Lebanon: $7,103). Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). Overall, the US produced 24.3% of world GDP in 2017, with only about 4.3% of the world's population. - 2018 state GDP: $77.1 billion In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. - 2018 state GDP: $592.2 billion About half of the countrys exports are petroleum. Florida has approximately 9.88% the land area of Alaska. Of all the national economies in the world, Romanias is the closest in size to that of Louisiana despite having a population over four times the size of Louisiana. Georgia > Vt. population: 623,657 (Latvia: 1.9 million) Finance, insurance, real estate, rental, and leasing are some key reasons for Arizonas robust GDP, which surpasses Colombia, a country that is being aided by investment and tax reforms, but is still plagued by high inequality. The other downside of this is that the aggregation of American states has led to a habit of treating smaller and medium-sized states as if they are insignificant. 2022 Florida US Senate. Florida is slightly bigger than the average state, as it ranks 22nd by area.
How To Register A Trailer In Washington,
Struggle Jennings Wife,
What Is Included In Retrospective Relief,
Articles H
