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- 2018 state GDP: $189.7 billion > Country w/ similar GDP: Ecuador ($87.4 billion) Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. Poland has the sixth largest economy in the European Union with a GDP of just over $600 billion, roughly in line with Ohios GDP. Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. North Dakotas economy is heavily dependent on resource extraction, an industry that flourished in the last 10 years due to new developments in hydrofracking methods methods that allow for the extraction of natural gas in the states Bakken Formation. - 2018 state GDP: $64.9 billion As Monaco doesnt have an income tax, the country is known as a tax haven. Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists. Kentuckys population of 4.5 million is also closely aligned with New Zealands 4.8 million residents. 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. Georgias $510.8 billion GDP is close to Belgiums $524.0 billion GDP. Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion Though Slovenias transition to a market economy following the breakup of Yugoslavia was relatively smooth, the 2012 European financial crisis and ensuing years of fiscal mismanagement have stymied economic growth in the country. > Mo. The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). Alaska is equal to 7.05 UKs. You may also like: States where you are most likely to hit a deer, - 2018 state GDP: $221.7 billion Florida Population 2023. Motor vehicles, iron, and steel buoy Swedens economy. What about over the last month, ending Wednesday? > Hawaii GDP per capita: $55,668 (Myanmar: $1,490). > GDP: $45.4 billion The picture gets worse for Florida when looking at just the last month. Wheat, once a strength of Oregons economy, has fallen on hard times. - 2018 state GDP: $50.3 billion Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . > GDP: $238.9 billion How that at 261,231 square miles of land, Texas would be the 39th-largest country by land area in the world, coming in just behind Zambia and ahead of Myanmar. While much of that money went to hotels and recreation, other sectors of the Florida economy get a . Other comparisons: Florida ($967 billion) produced almost the same amount of GDP in 2017 as Indonesia ($1 trillion), even though Florida's labor force of 10.1 million is less than 8% of the size . Vermont 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? You may also like: Best community college in every state, - 2018 state GDP: $52billion Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. Florida overtook Indonesia and Mexico's economies during the past year. The average population of Florida's counties is 325,091; Miami-Dade County is the most populous (2,662,777) and Liberty County is the least (7,900). - GDP higher than: 153 of 212 countries > Texas GDP per capita: $57,077 (Russian Federation: $11,441). - 2018 state GDP: $275.7 billion - 2018 state GDP: $1.7 trillion Yikes! Pennsylvania, particularly in its southwest counties, is a major producer of coal. Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. Bridgette Norris There are over 1.6 million people in the Jacksonville area. Oil has pumped billions into North Dakotas GDP numbers over the past decade. Scroll to read more Arts Stories + Interviews articles. > Utah population: 3.1 million (Hungary: 9.8 million) > Country w/ similar GDP: Morocco ($119.3 billion) It's bigger than Japan (377,900km 2. - GDP equal to: Hong Kong SAR, China ($362.7 billion) plus Solomon Islands ($1.4 billion). > Ore. GDP per capita: $50,138 (Iraq: $5,450). One of the smallest states by population, New Hampshire has a $74.4 billion economy on par with Oman, a Middle Eastern nation with a population more than triple that of New Hampshire. Look at the usual flat map of the world and it appears that Greenland is nearly as big as Africa. > Country w/ similar GDP: Nigeria ($460.5 billion) New Mexico has a GDP of $91.0 billion, in line with the GDP of the South American nation of Ecuador. Like West Virginia, Oman is also resource rich. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. The total area of the countryincluding islands like the Azores and Madeira Islandis 92,345 square kilometers (35,655 square miles), slightly smaller than Indiana. Death may be inevitable for all of us, but death from COVID doesnt have to be, at least not in the large numbers weve seen so far. - GDP higher than: 141 of 212 countries > Minn. population: 5.6 million (Singapore: 5.6 million) Pennsylvanias GDP is the closest to that of the petroleum-rich nation Saudi Arabia. > N.H. population: 1.3 million (Oman: 4.6 million) Most of us rely on our smartphones, tablets, and computers when making daily decisions, whether checking Yelp for restaurant reviews or comparing prices on a new big-screen TV. Rhode Island has a total area of 3,144 km 2, including 438 km 2 of water. > GDP: $484.3 billion General taxation revenue is the primary source of funding, but in many countries it is supplemented by specific charge (which may be charged to the individual or an employer) or with the option of private payments (by direct or optional insurance) for services beyond those covered by the public system. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. You can compare any other two counties if you know their FIPS codes. The presence of Chinese firms have long boosted Hong Kongs GDP, but the current unrest there makes the future of the economy uncertain. Today, Norway is the seventh largest oil exporter in the world. Tobacco is also an anchor of Sri Lanka's economy, along with oil and tea. > Country w/ similar GDP: Lebanon ($43.2 billion) While confronted with climate change questions, oil and gas remain a driving force of the economy in Texas. - GDP higher than: 153 of 212 countries - 2018 state GDP: $128.4 billion We found that most states have a unique industry that inflates their GDP. GDP per capita: $59,983 (Malaysia: $11,528). - GDP higher than: 189 of 212 countries If youre an investor looking to minimize expenses, consider checking out online brokerages. > Okla. GDP per capita: $48,569 (Kazakhstan: $10,868). > Va. population: 8.5 million (Nigeria: 190.9 million) - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). The US ratio of 120.5 firearms per 100 residents, up from 88 per 100 in 2011, far surpasses that of other countries around the world. 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 . Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). > Miss. > Ariz. GDP per capita: $42,353 (Israel: $34,135). > GDP: $745.3 billion Russias economy depends on gas, though not as much as many other nations on this list. In Somalia, livestock and telecommunications provide some economic help. Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. By clicking Accept, you consent to the use of cookies. Florida's population is estimated at over 21 million, and it is growing rapidly. > Country w/ similar GDP: Slovak Republic ($108.2 billion) One of the tiger economies of Asia, Singapore underwent an economic boom in the 1980s and 1990s. Indiana - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). Over 11,000 miles of rivers, streams and waterways are located within the state. Florida's death toll, however, remains lower than Italy's - 4,277 in Florida, compared to 34,954 in Italy. Among the specialized products South Carolina creates are gear boxes for motor vehicles. Free Will Astrology: Is the soul shaped like an iceberg or a hummingbirds eye? Answer (1 of 13): The US has a bigger economy, population and land area compared to Italy. Like Arizona, the country that has the closest GDP to Wisconsin is Israel. > Country w/ similar GDP: Kazakhstan ($196.0 billion) > GDP: $114.0 billion - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). > GDP: $111.5 billion > Country w/ similar GDP: Norway ($481.8 billion) > Okla. population: 3.9 million (Kazakhstan: 18.0 million) > Ark. The largest exporter of cocoa beans in the world, Ivory Coast has a relatively well-developed economy and is wealthier than most countries in the region. Median Income. - 2018 state GDP: $675.9 billion. > Fla. population: 21.0 million (Netherlands: 17.1 million) land area is about 0.3 times the size of Washington, DC. Connecticut > R.I. GDP per capita: $50,446 (Slovenia: $25,662). If youre an investor looking to minimize expenses, consider checking out online brokerages. There are a few guidelines and 47 by population. The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. 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. That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. [4] population: 4.7 million (Romania: 19.6 million) Arizona The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. Many states are as large as entire countries. The United States has struggled to contain COVID-19, despite a comparatively well-financed health care system and early access to the vaccine. - GDP higher than: 174 of 212 countries Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. > GDP: $44.4 billion In Ecuadors economy, wood products and seafood are bountiful. restrictions, which you can review below. Texas is equal to 2.86 UKs. > GDP: $323.3 billion The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . > Country w/ similar GDP: Azerbaijan ($57.3 billion) Time to flee to New Zealand? Alaska is the biggest state in the union. Still, Tennessee and Singapore have similarly sized economies, at $315.1 billion and $310.0 billion, respectively. Drag and drop countries around the map to compare their relative size. Brit. 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. 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 . Simply replace the FIPS codes in the URL to generate your own comparison. Tobacco, the auto industry, and aircraft industry, Best jobs that don't require a college degree, Countries with the most oil and who they're selling it to, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. 46. - 2018 state GDP: $592.2 billion Nebraska A statement from Mark Wilson, Florida Chamber of Commerce President & CEO regarding Floridas affordable housing: Florida Chamber Foundation Predicts Another Positive Year of Population and Economic Growth in 2023, A statement from Mark Wilson, Florida Chamber of Commerce President & CEO Regarding Historic, Consumer-Focused Property Insurance Reforms Pass During Special Session, Floridas Childhood Poverty Numbers Trending in the Right Direction, 113 of 116 Florida Chamber-Backed Candidates Win General Elections, New Florida Chamber Statewide Poll Shows Governor Ron DeSantis Holding Commanding Lead over Charlie Crist, Moving the Needle on the Six Pillars Driving Floridas Economy, Florida 2030 Blueprint Goal Leader Interest Form, Florida Equality of Opportunity Initiative, Florida Business Alliance for Early Learning Project, Florida Diversity, Equity and Inclusion Project, Florida Chamber Litigation & Regulatory Reform Center, Florida Institute for Political Leadership, International Center for Economic Development. > Miss. Mining has always been a rock for Wyomings GDP, but a decline in coal production might force the state to look to more modern industries to maintain its economy. For more information visit The World Factbook. - 2018 state GDP: $54.7 billion Florida has approximately 9.88% the land area of Alaska. > Country w/ similar GDP: Saudi Arabia ($684.2 billion) 24/7 Wall St. matched each state to the country with the most similar GDP. In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. - GDP higher than: 174 of 212 countries > GDP: $100.1 billion Maine Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. The monthly payments for the $200,000 mortgage includes . population: 869,666 (Libya: 6.4 million) > GDP: $192.7 billion Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. Manufacturing, and finance and insurance are two pillars of Illinois GDP. > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). > GDP: $38.7 billion - GDP higher than: 168 of 212 countries Tourism is a major draw in and around the Channel Islands. Do Politicians Understand Your Business? - GDP equal to: Colombia ($331billion) plus Mauritania ($5.2 billion). One key contributor to Georgias economy is a growing film industry. Hawaii - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). The nation's most closely watched forecasting model . The lower number is a function of measuring deaths across only 30 days, not 19 months. Fighting for the Axis powers in WWII and occupied by Soviets until 1991, Hungary is now a democracy and member state of NATO and the EU the latter of which has been a boon for the countrys economic development. Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. - GDP higher than: 144 of 212 countries > Country w/ similar GDP: Argentina ($460.3 billion) 1 in GDP, followed by Texas and New York. Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. mi. Italy is 294k sq km the US is 31 times bigger - 9,160k sq km. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. Delawares economy is advanced, with the finance, insurance, and real estate sector accounting for a far higher than average 10.3% of total employment. Compared to states like California and Montana, Texas is huge. your CMS. Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. 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. Alaska is near the bottom at no. > Country w/ similar GDP: Kuwait ($138.8 billion) Home of the American auto industry, Michigan has a strong manufacturing sector that employs nearly one in every five workers in the state, a larger share than in any other state. > GDP: $510.8 billion Formed in 1961, OECD sets international standards on a wide range of topics, including education spending. Less stable is Libyas economy, which suffers from political insecurity, power outages, and a booming black market. today Florida, if it were an independent country, would be the 15th largest economy in the world. Yes, Idahos economy is boosted by potatoes, but just as important is milk. Factors like the European Union instability, Brexit, and protests in Hong Kong are hampering markets around the world. In Wisconsin, its cheese. Editorials are the institutional voice of the Tampa Bay Times. > Country w/ similar GDP: Algeria ($199.2 billion) The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. - GDP equal to: Croatia ($61 billion) plus Guyana ($3.9 billion). > Country w/ similar GDP: Kazakhstan ($196.0 billion) Compared to Smallest State Thus, the US is 107 times bigger than Portugal. - GDP equal to: Algeria ($173.8 billion) plus Sierra Leone ($4.1 billion). Minnesota is one of the larger states by landmass, while Singapore is a small island city-state less than one-three-hundredth the states size. population: 579,315 (Cte dIvoire: 24.3 million) ; Delaware is the second smallest state in the country covering 5,130 km 2, of which 5,047 km 2 is land. Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. 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. republish under a Creative Commons License, and we encourage you to While manufacturing is a leader in helping Indianas GDP, administrative and support and waste management and remediation services, plus health care and social assistance, are two notable areas of contribution. Cotton and whisky are two notable industries in Tennessee. Just because a country (or two) may have more residents than a U.S. state, this does not mean its GDP is healthy. Kansas is a major producer of civilian aircraft, engines, and parts. > Idaho population: 1.7 million (Uzbekistan: 32.4 million) Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. Though Iraq is not often considered an economic powerhouse, it has a GDP of over $200 billion very similar to Oregons economic output. Florida is the most populous of the southeastern states and the second most populous Southern state after Texas. Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. Andrei Vasilevskiy, Lightning shut down Red Wings, FSU rallies from 25 points down, stuns No. population: 3.0 million (Morocco: 35.7 million) However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. In Sri Lanka, government debt accounts for about 79% of its GDP. - GDP higher than: 196 of 212 countries > R.I. population: 1.1 million (Slovenia: 2.1 million) However, the Miami metro area is the state's most populous area, with a population of well over 6 million people. - GDP higher than: 130 of 212 countries > GDP: $297.2 billion > Ohio GDP per capita: $50,666 (Poland: $15,823). To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. GDP per capita: $58,053 (Slovak Republic: $19,897). 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. California is equal to 1.74 UKs. Idaho Benins new free market economy is showing signs of growth, with cotton as an anchor. - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). 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 majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. Michigan State size comparison. Maines economy generated $55.6 billion in 2017, roughly the same as Azerbaijan, a country with a population more than seven times that of the northern New England state. Alaska is bigger than most people realize. In reality, Delaware produces an abundance of clams, crabs, soybeans, milk, paper, rubber, metals, and sand and gravel. > Country w/ similar GDP: Malaysia ($364.6 billion) > S.C. population: 5.0 million (Algeria: 41.3 million) Though the population of Hungary is more than triple the population of Utah, the European country covers a land mass less than half the size of Utah. And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. As 2020 opens, uncertainty in trade, uncertainty in politics, and unstable business relations with countries like China and Russia weigh on economies at home and abroad. To find out how big, simply select your state from the drop down menu, and we'll show you! All index components used to create this ranking were included at equal weight. Its not over, and is likely not even close to being over. Can you answer these real 'Jeopardy!' Florida Brazil. > GDP: $67.0 billion From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. South Dakota The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. A common debate at the bar and on the internet regularly centers on how one state could stand on its own independently. We will place both states on top of each other on the same map in order to show you their relative size. Apr 30, 2018. Floridas growing economy is on the right path forward as the Florida Chamber Foundation, through its. Over half of its $31.2 billion in exports in 2017 were either crude petroleum, petroleum gas, or refined petroleum. - GDP equal to: Bangladesh ($274billion) plus San Marino ($1.6 billion). - GDP higher than: 177 of 212 countries - GDP higher than: 178 of 212 countries Kazakhstan is geographically large about the size of Western Europe and resource rich. Texas - GDP equal to: Colombia ($331billion) plus Mali ($17.2 billion). Qatar, an oil-rich Middle Eastern nation is one of the wealthiest countries in the world, with a GDP per capita of $65,694. The United States fares okay, but that graph doesnt scream American exceptionalism. Several of the other countries have kept deaths at far lower rates. This page lists the total size (land plus water) and the land area for the 50 US states. Portugal's Atlantic coastline is 837 kilometers long, about 520 miles. Kuwait has a relatively open political system for the region, and it has more proved oil reserves than all but a handful of other countries worldwide. Nigeria depends on oil, shipping, and cocoa, while Albanias market is in flux due to close ties with Greece and Italy, countries with volatile economies. Compared to the United States it is tiny. Today, it is one of the most open and developed economies in the world. New Yorks economy is so diverse that it equals the GDP of Russia, a country that is a major world power player in moving oil, gas, and metals. > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) Florida overtook Indonesia and Mexicos economies during the past year. Conversely, a relatively small amount of New Jerseys economic output comes from natural resources. Consequently, the landscape varies greatly . Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. > Mont. In Florida, the population grew by a net of nearly 2.7 million people between 2010 and 2020 from new residents moving in alone, the most of any state in the country. Only so much can be gleaned by comparing the United States with its world-leading economy to much smaller and more impoverished countries like Peru and Botswana. Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. 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. Geographic location has been the key factor in Florida's long and colourful development, and it helps explain . At 268,597 square miles, Texas has about 171,902,808 acres of land. | Analysis. > Ga. population: 10.4 million (Belgium: 11.4 million) British Virgin Islands. New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. You may also like: Best places to retire in every state, - 2018 state GDP: $532.9 billion Kentucky has a diverse economy, notable for whiskies, horse breeding, and a relatively new industry of antisera. Florida is about 70 times smaller than United States. California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. Ghanas major exports include oil, gold, and cocoa. Country populations are 2017 estimates from the World Bank. A financial advisor can help you understand the advantages and disadvantages of investment properties. Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. Its another example of why many Americans can expect to get a booster shot in coming weeks and months. questions about the economy? Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. > GDP: $2.6 trillion - 2018 state GDP: $208.1 billion The country is pulling out of a major economic contraction that started in 2009. GDP per capita: $37,930 (Morocco: $3,292). Per capita GDP by state came from the BEA and is also for 2017. Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. - 2018 state GDP: $77.4 billion Florida, constituent state of the United States of America. Ohio. > GDP: $480.9 billion - GDP equal to: Argentina ($519.9 billion) plus Monaco ($7.2 billion). Massachusetts has a $490.2 billion economy, about the same size as Norways. Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP.

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