- GDP higher than: 157 of 212 countries 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. Indian Ocean. - GDP higher than: 141 of 212 countries Indiana > Country w/ similar GDP: Kazakhstan ($196.0 billion) 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? It's bigger than Japan (377,900km 2. - GDP equal to: Costa Rica ($60.1 billion) plus Tonga ($0.5 billion). > Country w/ similar GDP: Slovenia ($53.0 billion) All index components used to create this ranking were included at equal weight. The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. > Wyo. While much of that money went to hotels and recreation, other sectors of the Florida economy get a . Utah Florida, constituent state of the United States of America. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. The members of the Editorial Board are Editor of Editorials Graham Brink, Sherri Day, Sebastian Dortch, John Hill, Jim Verhulst and Chairman and CEO Paul Tash. We found that most states have a unique industry that inflates their GDP. > Country w/ similar GDP: Libya ($46.6 billion) However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. State leaders in Arizona are promising more education spending made possibleby economic growth that includes a $750 million surplus for the 2021 budget year. The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. > GDP: $238.9 billion New York The nations GDP per capita is below $5,000. 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). - GDP equal to: Morocco ($117.9 billion) plus Guam ($5.9 billion). - GDP higher than: 141 of 212 countries 3. California - GDP higher than: 178 of 212 countries Despite the setback, Floridas economy still expanded by an annual average of 2.2% over the last five years, well above the comparable 1.4% national annualized growth rate. Missouris $275.6 billion GDP most closely matches that of Chile, though the South American country has nearly three times the population of the Show Me State. > Neb. > Country w/ similar GDP: India ($2.6 trillion) Montana New Mexico GDP per capita: $37,930 (Morocco: $3,292). - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). Rhode Island has approximately 2.35% the land area of Florida. > Kan. population: 2.9 million (Hungary: 9.8 million) > Ill. GDP per capita: $58,217 (Saudi Arabia: $20,771). > Nev. population: 3.0 million (Kuwait: 4.1 million) GDP per capita: $59,983 (Malaysia: $11,528). > Fla. GDP per capita: $42,085 (Netherlands: $53,598). > Wis. population: 5.8 million (Israel: 8.7 million) Mississippis $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. A lack of private sector job creation has affected Serbias GDP. - GDP higher than: 169 of 212 countries While economists, politicians, and stockbrokers fret over each decimal point of movement in an areas gross domestic product (GDP), sometimes its good to keep a frame of reference in mind. Maryland Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. > Idaho population: 1.7 million (Uzbekistan: 32.4 million) 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. > GDP: $323.3 billion > GDP: $91.0 billion > GDP: $322.4 billion Today, Norway is the seventh largest oil exporter in the world. Free Will Astrology: Is the soul shaped like an iceberg or a hummingbirds eye? You may also like: Countries with the most oil and who they're selling it to. > Ark. - GDP higher than: 202 of 212 countries Compare the size of US states by selecting two states below. > GDP: $79.5 billion Colorado The Florida Chamber of Commerce Stands in Support of Floridas Game-Changing Lawsuit Abuse Reform Package HB 837, New Florida Chamber Statewide Poll Shows Local Businesses and Free Enterprise Supported by Voters, Florida Chamber of Commerce Unveils 2023 Legislative Agenda Where We Stand Outlines Competitive Priorities, Chief Economist Corner: The Coming Global Economic Slowdown and Its Impact on Florida. Virginia has a massive $463.6 billion economy, in line with the total economic output of Nigeria, the most populous country in Africa. Overall, the US produced 24.3% of world GDP in 2017, with only about 4.3% of the world's population. . 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. > N.Y. population: 19.8 million (Australia: 24.6 million) As a result, the per capita GDP of Saudi Arabia is significantly smaller than Pennsylvanias. > Country w/ similar GDP: Lebanon ($43.2 billion) 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 most recent OECD study -- from 2014 using 2011 data -- shows that the United States . Singapores economy is highly developed and relies heavily on exports of computer components. 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. 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. - GDP higher than: 194 of 212 countries Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. Many states are as large as entire countries. You may also like: States where you are most likely to hit a deer, - 2018 state GDP: $221.7 billion From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. Motor vehicles and parts also are important to Argentinas GDP. If youre ready to find an advisor who can help you achieve your financial goals, get started now. > Country w/ similar GDP: Saudi Arabia ($684.2 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. > Country w/ similar GDP: Iraq ($208.6 billion) - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). - 2018 state GDP: $565.8 billion Even with all of its oil wealth, Saudi Arabia's GDP in 2018 at $683 billion was below the GDP of US states like Pennsylvania ($793 billion) and Illinois ($863 billion). When it comes to real estate, however, consumers should be wary of relying too heavily on estimates from websites like Zillow. New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). > GDP: $45.4 billion Stacker believes in making the worlds data more accessible through You may also like: Best places to retire in every state, - 2018 state GDP: $532.9 billion About half of the countrys exports are petroleum. While it may be temporary as other world economies are continuing to rebound from the global pandemic, Florida has moved up two slots from 17th to 15th largest global economy if Florida were a country. Formed in 1961, OECD sets international standards on a wide range of topics, including education spending. This Canadian province is so huge that most people who live there rarely see it all. > Ore. population: 4.1 million (Iraq: 38.3 million) Its another example of why many Americans can expect to get a booster shot in coming weeks and months. Each states GDP is as of 2017 and is chained to 2012 dollars and came from the Bureau of Economic Analysis. In other words, Alaska is approximately 10.12 times larger than Florida. > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . > Calif. GDP per capita: $65,160 (India: $1,965). - 2018 state GDP: $783.2 billion > Minn. population: 5.6 million (Singapore: 5.6 million) ALLEN: No, Florida never went to another lockdown. Florida's population is estimated at over 21 million, and it is growing rapidly. - 2018 state GDP: $178.1 billion - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). > GDP: $2.6 trillion - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). - 2018 state GDP: $275.7 billion Nebraska Of the countrys $60.8 billion in exports, 95% are crude petroleum. Same goes for comparing the last month to last week, which wasnt very good for Florida either. Florida has more Covid-19 cases than most countries If Florida were a country, it . population: 579,315 (Cte dIvoire: 24.3 million) Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. 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. Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. Among the specialized products South Carolina creates are gear boxes for motor vehicles. Meanwhile, Ecuadors economy depends heavily on petroleum exports and suffered in recent years from falling oil prices. - GDP higher than: 130 of 212 countries Thus, the small size and large population makes New Jersey the most densely populated . 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. - GDP equal to: Ethiopia ($84.4 billion) plus Tuvalu ($42.6 million). On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. > S.D. > Wash. population: 7.4 million (Norway: 5.3 million) A financial advisor can help you understand the advantages and disadvantages of investment properties. If Florida were a country, where would it rank in fighting COVID? Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. The state and the country have the tools to fight the delta variant. - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Florida's most populous city is Jacksonville, with an estimated population of 949,611. on Saudi Arabias economy is built on the back of its oil exports, and the country is a founding member of the Organization of Petroleum Exporting Countries, or OPEC. Minnesota 2. 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. Home to 31.6 million people, the Southeast Asian nation of Malaysia is over five times more populous than Maryland, a state with 6.1 million people. Arkansas Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. Nearly 16% of the states labor force is employed in the professional, scientific, and management sector, the largest share of any state. 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. Manufacturing, and finance and insurance are two pillars of Illinois GDP. > Hawaii population: 1.4 million (Myanmar: 53.4 million) It posted a record-breaking 87.3 million visitors in 2011. > Okla. GDP per capita: $48,569 (Kazakhstan: $10,868). Corn, soy, and wheat join apples are Washington GDP heavyweights. Only seven states on this list have a lower GDP per capita than their corresponding country. > Ill. population: 12.8 million (Saudi Arabia: 32.9 million) Today, India's economy is 2.4 times larger than the Sunshine State. Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. Information from the Florida Department of Health was also used. Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. Look at the usual flat map of the world and it appears that Greenland is nearly as big as Africa. > Ind. Myanmar has been racked by political instability and atrocities in recent years. Florida has approximately 9.88% the land area of Alaska. - GDP higher than: 156 of 212 countries > Miss. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. - GDP higher than: 160 of 212 countries Virgin Isl. It is interesting to compare land area, total population and GDP. > GDP: $321.1 billion Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. > Maine population: 1.3 million (Azerbaijan: 9.9 million) This makes it the least densely populated in the country. Virginia Though Iraq is not often considered an economic powerhouse, it has a GDP of over $200 billion very similar to Oregons economic output. > GDP: $1.6 trillion Select two states below to get started. > Okla. population: 3.9 million (Kazakhstan: 18.0 million) questions about the economy? - GDP equal to: Russian Federation ($1.7 trillion) plus Chad ($11.3 billion). - 2018 state GDP: $60.6 billion A former Soviet republic, Kazakhstans economy is heavily dependent on agriculture and extraction of oil and minerals, including copper and zinc. Everyone knows that the top two economies in the world are China and the U.S., and the U.S. is first by a decent margin and has been top for around a century now. The state would have the highest death rate in our country comparison, no matter the time frame. It's had more deaths . 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. It's so vast that you'd need well over a month to properly explore it all. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. > Va. population: 8.5 million (Nigeria: 190.9 million) By GDP, however, the two are more closely matched. The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. > Country w/ similar GDP: Ghana ($50.6 billion) - GDP equal to: Greece ($218billion) plus Suriname ($3.6 billion). > Colo. GDP per capita: $57,654 (Singapore: $55,236). today Florida, if it were an independent country, would be the 15th largest economy in the world. population: 961,939 (Croatia: 4.1 million) - GDP higher than: 208 of 212 countries > Mont. Arizona is far larger than our Middle Eastern ally, however, at 113,990 square miles compared to Israels 8,355 square miles. - 2018 state GDP: $3trillion > Country w/ similar GDP: Croatia ($63.2 billion) - 2018 state GDP: $50.3 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. > GDP: $192.7 billion State populations and employment concentration by industry came from the U.S. Census Bureaus 2017 American Community Survey. The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. In particular, ranchers and farmers are continuing to thrive in Colorado. - GDP equal to: Hungary ($157.9 billion) plus Benin ($10.4 billion). At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. No corner of the country was untouched by the pandemics economic consequences but some states have emerged better off than others. 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. - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. > GDP: $38.7 billion One of the fastest growing industries in the last half decade in the Sunshine State was construction a sector that often benefits from population growth.
