To help sift out China and Indias underreporting, we excluded those two countries from a third group included on the charts below. > GDP: $1.4 trillion Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. Idaho > GDP: $238.9 billion Over 11,000 miles of rivers, streams and waterways are located within the state. Though the United States is not the largest country in the world either by landmass or by population it is by far the worlds largest economy, with a GDP of over $17.3 trillion in 2017, equal to nearly a quarter of the global economy. republish under a Creative Commons License, and we encourage you to Australias GDP per capita of $55,926 is lower than New Yorks GDP per capita but is very close to the U.S. GDP per capita of $55,418. Oregon At 7 692 024 km 2, it accounts for just five percent of the world's land area of 149 450 000 km 2, and although it is the smallest continental land mass, it is the world's largest island. > Ohio GDP per capita: $50,666 (Poland: $15,823). 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 data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. > Nev. population: 3.0 million (Kuwait: 4.1 million) - GDP equal to: Greece ($218billion) plus Suriname ($3.6 billion). That's roughly half of California's current COVID rate and less than a quarter of Vermont's. Hawaii (with nine cases for every 100,000 residents) is the only other state in . Wyoming Even individual U.S. states have GDPs that rival countries many times their size. > Ga. GDP per capita: $48,979 (Belgium: $46,079). With much of Virginia within commuting distance to Washington D.C., the state is home to some of the largest defense contractors in the world. 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. The countrys chief exports include cotton, gas, and gold. as well as image rights, data visualizations, forward planning tools, restrictions, which you can review below. A former Soviet republic, Kazakhstans economy is heavily dependent on agriculture and extraction of oil and minerals, including copper and zinc. How did they do it? After all, the U.S. GDP in 2021 . We've had - Florida's have fewer cases per capita than California. Indian Ocean. - GDP equal to: Zimbabwe ($31billion) plus Central African Republic ($2.2 billion). Oklahoma > R.I. GDP per capita: $50,446 (Slovenia: $25,662). - GDP higher than: 160 of 212 countries > Country w/ similar GDP: Latvia ($30.2 billion) Mississippi > GDP: $883.1 billion In Sri Lanka, government debt accounts for about 79% of its GDP. As one of only a few U.S. states whose GDP tops $1 trillion, Florida brings in more than the Netherlands (which yes, does get an economic boost from marijuana) and Morocco, whose top exports are vehicles and electrical equipment. > Del. Per capita GDP by state came from the BEA and is also for 2017. 1. For more information visit The World Factbook. 2. - 2018 state GDP: $368.9 billion You may be surprised at what you find! Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. Alaska, which is the largest state, has among the lowest state populations in the country. The State of Florida is in the far southeastern region of the United States, and it covers an area of 65,757 sq. > GDP: $510.8 billion - GDP higher than: 192 of 212 countries The Florida Chamber Foundation does not lobby or conduct any political activities whatsoever. The countries on this list which span six continents are in varying stages of development. Tennessee But the delta variant has still infiltrated those defenses. Florida encompasses 65,757 square miles, which would make it the 90th largest country in the world, according to Self Storage, and would make it just above the median size of a country. In Somalia, livestock and telecommunications provide some economic help. 1 in GDP, followed by Texas and New York. Compared to U.S. states, South Carolina has a relatively low GDP per capita at just under $40,000, but it is well beyond that of Algeria. The Netherlands is one of the largest economies in the European Union. While Florida is only slightly bigger than average when it comes to area, it has one of the largest populations of any state. > Wash. GDP per capita: $64,937 (Norway: $91,219). Although this makes Germany the largest country in Central Europe and the 6th largest in all of Europe, it's pretty paltry compared to the 3,796,742 square miles (or 9,833,520 square kilometers) of the United States. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. > Ky. population: 4.5 million (New Zealand: 4.8 million) 2022 California US Senate. Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. > Mont. - GDP equal to: Colombia ($331billion) plus Mali ($17.2 billion). > Country w/ similar GDP: Saudi Arabia ($684.2 billion) Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. 4. 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 . More workers in East Palestine at the site of the toxic train derailment are reporting intense headaches and nausea, prompting fears that the cleanup could constitute a new 'ground zero' health disaster. Florida's population is estimated at over 21 million, and it is growing rapidly. > Country w/ similar GDP: Australia ($1.4 trillion) But expanding your horizons may add additional costs. Nearly half of the countrys $70.1 billion in exports in were copper, copper ore, and refined copper. 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. GDP per capita: $71,456 (Norway: $91,219). - 2018 state GDP: $1trillion 11 U.S. States That Are Larger Than the UK. > Country w/ similar GDP: Myanmar ($79.5 billion) Washington Particularly interesting to note is the fact that California has 6 million fewer workers than France, yet produced a little . A financial advisor can help you understand the advantages and disadvantages of investment properties. Drag and drop countries around the map to compare their relative size. 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. > GDP: $192.7 billion [4] > GDP: $1.6 trillion land area is about 0.3 times the size of Washington, DC. - GDP higher than: 159 of 212 countries Its not over, and is likely not even close to being over. California barely edges out the entire GDP of the U.K., whose economy is struggling because of the Brexit mess. > Mo. America's second-largest state economyTexasproduced nearly $1.9 trillion of economic output in 2019, which would have ranked the Lone Star State as the world's 9th largest economy last year. On a per capita basis, Singapore is wealthier than Tennessee. About half of the countrys exports are petroleum. Like many other company websites, our website collects cookies to deliver the best user experience to you. Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. - 2018 state GDP: $1.8 trillion Barring congressional changes, money will deplete by 2034, Young runners outpace the Gasparilla Distance Classic 8K field, Bucs raise ticket prices by 7.5 percent on new season-pass members, Groups gather in St. Petersburg park to shed light on local violence, Science magazine recently called Israels rising death, nations most closely watched forecasting model, Robert Kennedys killer should not go free. Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. But what if Florida were a country? > GDP: $275.6 billion 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. - GDP equal to: Pakistan ($314.6 billion) plus Sierra Leone ($4.1 billion). Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. Hungary has a varied economy, exporting different products like computers, cars, medical equipment, and more. slightly smaller than the US. 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. Editorials are the institutional voice of the Tampa Bay Times. A lack of private sector job creation has affected Serbias GDP. Still, Tennessee and Singapore have similarly sized economies, at $315.1 billion and $310.0 billion, respectively. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. - GDP equal to: Bangladesh ($274billion) plus San Marino ($1.6 billion). Tennessee is 154 times larger than the island nation of Singapore and is home to 1.1 million more people. The nations GDP per capita is below $5,000. > GDP: $480.9 billion Missouri - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. Zillow offers "Zestimates" on . Ghanas major exports include oil, gold, and cocoa. Compare the size of US states by selecting two states below. A range of factors, including industrial diversity, labor force education levels, household income, and long-term GDP growth, have an effect on a states overall economic strength and its ability to withstand the impact of the pandemic. > GDP: $55.6 billion > Va. GDP per capita: $54,730 (Nigeria: $2,412). Colorado Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. U.S. military money and agriculture sustain the small economy of the Marshall Islands. Croatia is home to four times as many people as Delaware and its landmass is nearly nine times the size of the state. Vermont We then added Israel because it was quick to vaccinate much of its population, and New Zealand, which has one of the best track records of combatting COVID, though the small nation in the southwestern Pacific used strict lockdowns that likely would not have had the same success in much larger, non-island nations. > Country w/ similar GDP: Israel ($297.4 billion) Tim Wenger. Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. > GDP: $363.0 billion If youre an investor looking to minimize expenses, consider checking out online brokerages. > GDP: $142.9 billion The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). > Kan. population: 2.9 million (Hungary: 9.8 million) > Texas GDP per capita: $57,077 (Russian Federation: $11,441). The COVID-19 pandemic sent economic shockwaves through the U.S. economy, tripling the monthly unemployment to nearly 15% and leading to a more than 30% quarterly decline in GDP by far the largest economic contraction in U.S. history. The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. Nevadas economy generated $142.9 billion in 2017, nearly the same as the Middle Eastern nation of Kuwait which happens to be one of the wealthiest nations in both the region and the world. - 2018 state GDP: $54.7 billion ALLEN: No, Florida never went to another lockdown. The presence of Chinese firms have long boosted Hong Kongs GDP, but the current unrest there makes the future of the economy uncertain. Visually speaking, Canada and Russia appear to take up approximately 25% of the Earth's surface, when in reality they occupy a mere 5%. California is equal to 1.74 UKs. Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. > Country w/ similar GDP: Azerbaijan ($57.3 billion) Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. Michigan has a $458.8 billion GDP, roughly in line with the economic output of the South American nation of Argentina. New Zealands economy is driven largely by agriculture, tourism, and manufacturing. Kentucky has a diverse economy, notable for whiskies, horse breeding, and a relatively new industry of antisera. New York In other words, Florida is approximately 42.56 times larger than Rhode Island. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Key Facts. > Country w/ similar GDP: New Zealand ($181.5 billion) Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. Like Arizona, the country that has the closest GDP to Wisconsin is Israel. Virginia Among other diverse economic growth, Floridas economy has added manufacturing jobs (+6.0%) while the U.S. lost them (-1.7%), landing at #2 in total manufacturing job creation over the past 5 years, and #5 in growth rate. The countrys wealth is partially due to the discovery of oil offshore in the 1960s. > La. Like other countries in the region, Oman relies heavily on exports of crude oil and petroleum products. - 2018 state GDP: $3trillion To that end, most Stacker stories are freely available to The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. > Country w/ similar GDP: Angola ($101.7 billion) population: 869,666 (Libya: 6.4 million) - GDP higher than: 136 of 212 countries - 2018 state GDP: $208.1 billion Alabamas economy generated nearly $192.7 billion in economic output in 2017 nearly in line with the GDP of Kazakhstan, a former soviet country with a population more than triple that of Alabama. > GDP: $315.1 billion 2020 New Hampshire Presidential Poll. and more. > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) 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. That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. It's so vast that you'd need well over a month to properly explore it all. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. > N.H. GDP per capita: $55,413 (Oman: $16,144). From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. Ores, precious stones, and metals are important to South Africas GDP. You may also like: Best jobs that don't require a college degree, - 2018 state GDP: $202.6 billion However, it also shares borders with Israel and Syria and has been involved in armed conflicts. Is Greenland really as big as all of Africa? - GDP higher than: 191 of 212 countries Corn, soy, and wheat join apples are Washington GDP heavyweights. > Nev. GDP per capita: $47,648 (Kuwait: $33,546). Maryland - GDP higher than: 130 of 212 countries As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia . share our stories with your audience. Here's British Columbia, outlined by yours truly. Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). > Utah population: 3.1 million (Hungary: 9.8 million) However, to produce about the same amount . Just because a country (or two) may have more residents than a U.S. state, this does not mean its GDP is healthy. - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). South Dakota Want more of our free, weekly newslettersinyourinbox? Algerias economy depends on petroleum, but with oil prices much lower than they were five years ago, the nations exports were nearly cut in half from 2012 to 2017. New York state, home to one of the financial capitals of the world, is one of three states with an economic output that exceeds $1 trillion. As of 2010, California was no. Compare your state to Alaska. Its GDP compares favourably to that of France, which produced $2.42 trillion during the same period. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). - GDP higher than: 135 of 212 countries 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. Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. Brazil. Pakistan relies on mostly textiles and some pharmaceuticals to build its GDP. That makes Italy 1.77 times as large as Florida. Florida is about 70 times smaller than United States. We jest kind of. Thanks in large part to its energy sector, Alaskas $52.3 billion GDP is closely aligned with that of Guatemala, a country with a population nearly 23 times that of Alaska. Ten Smallest States Map of the 10 smallest US states by size. Image: World Bank/Bureau of Economic Analysis. > Country w/ similar GDP: Kazakhstan ($196.0 billion) > GDP: $292.3 billion The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. - GDP equal to: Algeria ($173.8 billion) plus Sierra Leone ($4.1 billion). > GDP: $38.7 billion 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. One of the wealthiest states in the country, Massachusetts has a GDP per capita of $71,456. Florida was the 27th state to be admitted to the Union in 1845. > Ill. population: 12.8 million (Saudi Arabia: 32.9 million) > Wis. population: 5.8 million (Israel: 8.7 million) > GDP: $74.4 billion Israels top export is diamonds, worth over $10 billion in 2017. GDP per capita: $48,377 (Romania: $11,045). California has the countrys highest GDP. Slovenia still has one of the highest per capita GDPs in central Europe, while American Samoa has seen slight economic growth thanks to fixed private investment and export of goods. Author has 10.3K answers and 13M answer views 1 y. Italy has an area of 301,340 km2 (116,350 sq mi) while Florida has an area of 170,312 km2 (65,757.70 [6] sq mi). New Hampshire is another state where civilian aircraft, engines, and parts are prime exports. > GDP: $490.2 billion - 2018 state GDP: $336.3 billion - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion) Tobacco, the auto industry, and aircraft industry make up some staples of Ohio's GDP figures. Of all the national economies in the world, Illinois $745.3 billion economy most closely matches that of Saudi Arabia. - GDP higher than: 192 of 212 countries Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. . Delaware Although Dorothy landed in Oz and not Hungary, her home state surpasses the Central European nation known for machinery, construction materials, and processed foods. To be blunt: Too many people are still dying from COVID, and at a much higher rate in Florida than any other place in our comparison. Home to 1.4 million people, Hawaiis economy generated $79.5 billion in 2017, nearly the same as the GDP of Myanmar, a country with a population over 37 times that of Hawaii. Alaska is the biggest state in the union. 2022 California Gubernatorial. > Calif. population: 39.5 million (India: 1.3 billion) What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). Costa Rica sends out tons of precision instruments and prepared foods. Florida ranks No. | Analysis. Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. > Ore. GDP per capita: $50,138 (Iraq: $5,450). > Country w/ similar GDP: India ($2.6 trillion) Vermont has a $29.6 billion economy, nearly the same size as Latvias $30.2 billion economy. - 2018 state GDP: $169.3 billion Indiana, however, is also many times the size of Singapore and home to over a million more people. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. 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. Iraq has about nine times as many people as Oregon, however, meaning its GDP per capita is about one-ninth of Oregons. Mississippis $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. 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. Do Politicians Understand Your Business? > GDP: $44.4 billion Letsgetstarted. Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. U.S. national defense spending is the heart and soul of Guams economy. British Indian Ocean Territory. Pennsylvania population: 3.0 million (Angola: 29.8 million) - GDP higher than: 141 of 212 countries A bustling medical industry and retail giants like Target are the backbone of Minnesotas GDP. Argentinas economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat. Conversely, a relatively small amount of New Jerseys economic output comes from natural resources. A 2018 survey by the Council for Community & Economic Research (C2ER) ranked Florida as the 30th most affordable state in the US regarding the cost of living. > GDP: $745.3 billion The size of the 50 U.S. states, listed from largest to smallest. Florida is considered a favorite travel destination in the United States and of the world. > Mich. population: 10.0 million (Argentina: 44.3 million) - 2018 state GDP: $563.7 billion - GDP higher than: 191 of 212 countries By clicking Accept, you consent to the use of cookies. Florida's most populous city is Jacksonville, with an estimated population of 949,611. Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. Stevehacks.com provides more than 600 000 recipes from all countries over the world. - GDP higher than: 157 of 212 countries Rhode Island has approximately 2.35% the land area of Florida. Massachusetts has a $490.2 billion economy, about the same size as Norways. But ultimately, you have to live with that decision. There are a few guidelines and Thus, the US is 107 times bigger than Portugal. Michigan, of course, is the center of Americas auto industry, but electric cars and worries over global warming keep that industry on its toes as it looks to maintain its grip. Tobacco, the auto industry, and aircraft industry make up some staples of Ohios GDP figures. The 17 oil refineries in the state can process up to 3.3 million barrels of crude oil a day and account for about 20% of Americacn refining capacity. 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. Nevada > Md. With New York City often considered the epicenter of the world and a place that attracts opulence, it makes sense that New York is a big exporter of diamonds, paintings, rubies, and gold. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Floridas growth compared to the rest of the world. This is how all 50 state economies rank. Haiti, which once specialized in sugar, is seeing its economy drastically decline. The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. Economic development, however, is hindered by political and social instability. On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. Delaware is often the butt of a joke as one of the smaller American states"The Simpsons"once mocked that one of their main industries is screen door factories. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . - 2018 state GDP: $257.3 billion > Country w/ similar GDP: Chile ($271.9 billion) 46. 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.