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. Finding a qualified financial advisor doesnt have to be hard. - GDP equal to: Russian Federation ($1.7 trillion) plus Chad ($11.3 billion). Economic development, however, is hindered by political and social instability. > Country w/ similar GDP: Saudi Arabia ($684.2 billion) 47 by population. 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. > GDP: $480.9 billion > GDP: $150.1 billion California barely edges out the entire GDP of the U.K., whose economy is struggling because of the Brexit mess. > Country w/ similar GDP: Oman ($74.8 billion) Same goes for comparing the last month to last week, which wasnt very good for Florida either. - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. > Country w/ similar GDP: Oman ($74.8 billion) 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. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). - GDP equal to: Hong Kong SAR, China ($362.7 billion) plus Solomon Islands ($1.4 billion). Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. A significant portion of Florida is on a peninsula with a diverse collection of islands, marshes, springs, swamps, and hundreds of small lakes, rivers, and ponds. Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. It has also been a refuge for people and groups displaced by violence. Virginia The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. Our smallest state is a giant in the recycling industry. The picture gets worse for Florida when looking at just the last month. Sierra Leone is almost exclusively reliant on mining. With the delta variant spreading, its a good time to make some COVID comparisons. 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. > Conn. population: 3.6 million (Portugal: 10.3 million) > Idaho population: 1.7 million (Uzbekistan: 32.4 million) Argentinas economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat. By clicking Accept, you consent to the use of cookies. > Country w/ similar GDP: India ($2.6 trillion) Mining, particularly in gold, is a big industry in Utah. 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 list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. - GDP higher than: 141 of 212 countries population: 869,666 (Libya: 6.4 million) But the land itself is huge. Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion). Though the United States is not the largest country in the world either by landmass or by population it is by far the world's largest economy, with a GDP of over $17.3 trillion in 2017 . Yikes! In fact, Florida is the 3rd most populous state in America. Similarly, Texas is the top oil and natural gas-producing state in the U.S. Investing in real estate can diversify your portfolio. . The country did have a high proportion of aging people compared to working-age folks in its borders around June 2020, according to the Population Reference Bureau, which may explain a brief period of negative population growth in . > Country w/ similar GDP: Hungary ($153.1 billion) However, to produce about the same amount . GDP in Texas was slightly higher than Brazil's GDP last year of $1.85 trillion. - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). > Mont. Nebraska This makes it the least densely populated in the country. Similarly, Texass $1.6 trillion economy is roughly the same size as the economy of Russia, a global superpower and principal geo-political rival of the United States. > GDP: $322.4 billion From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. - 2018 state GDP: $54.7 billion New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Overall, the US produced 24.3% of world GDP in 2017, with only about 4.3% of the world's population. At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. More recent data out of the US suggests that gun ownership . population: 6.9 million (Norway: 5.3 million) Alaska is equal to 7.05 UKs. Key Facts. GDP per capita: $66,776 (Cte dIvoire: $1,626). Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. Manufacturing, and finance and insurance are two pillars of Illinois GDP. Here's British Columbia, outlined by yours truly. Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. Cotton and whisky are two notable industries in Tennessee. 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. Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. The nation's most closely watched forecasting model . - GDP equal to: Morocco ($117.9 billion) plus Guam ($5.9 billion). > Pa. GDP per capita: $54,725 (Saudi Arabia: $20,771). | Column. Partially as a result, the states economy contracted by 2.1% from the end of 2019 through the end of 2020. > Country w/ similar GDP: Argentina ($460.3 billion) You may also like: Can you answer these real 'Jeopardy!' Washington, D.C., and U.S. dependencies are included as well. To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. If youre an investor looking to minimize expenses, consider checking out online brokerages. More than 15% of Ohio workers are employed in the manufacturing sector compared to 10.1% of workers nationwide. The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . 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. Corn, soy, and wheat join apples are Washington GDP heavyweights. One key contributor to Georgias economy is a growing film industry. Illinois > Mich. population: 10.0 million (Argentina: 44.3 million) Stacker believes in making the worlds data more accessible through Nearly half of the countrys $70.1 billion in exports in were copper, copper ore, and refined copper. Lets look at the U.S. versus the countries with the next dozen largest economies. > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. Factors like the European Union instability, Brexit, and protests in Hong Kong are hampering markets around the world. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). > Texas GDP per capita: $57,077 (Russian Federation: $11,441). But expanding your horizons may add additional costs. - 2018 state GDP: $563.7 billion | Analysis. > Iowa population: 3.1 million (Qatar: 2.6 million) Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. > Minn. population: 5.6 million (Singapore: 5.6 million) Source: Ken and Nyetta / Wikimedia Commons, Source: Anson Fernandez Dionisio / Getty Images, Source: Mostafameraji / Wikimedia Commons, Source: Public Domain / Wikimedia Commons, ALSO READ: Most Dangerous Countries for Women, ALSO READ: 25 Companies With Over 40 Consecutive Years of Dividend Hikes, ALSO READ: Least Fashionable Cities in America, ALSO READ: Largest Industry in Each State, ALSO READ: Towns in Every State Where You May Not Get to the Hospital in Time. The Netherlands is one of the largest economies in the European Union. The State of Florida is in the far southeastern region of the United States, and it covers an area of 65,757 sq. > N.C. GDP per capita: $47,142 (Norway: $91,219). We could also say that Florida has an area 57% the size of Italy. Its another example of why many Americans can expect to get a booster shot in coming weeks and months. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. As a result, Singapore is more productive on a per capita basis. A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. 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. Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. The auto industry has been a beacon of Michigans economy for almost a century. Tennessee Information from the Florida Department of Health was also used. New Mexicos GDP is becoming heavily influenced by the tech industry. That makes Italy 1.77 times as large as Florida. > Ore. population: 4.1 million (Iraq: 38.3 million) Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . > N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911). 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. - GDP higher than: 174 of 212 countries Florida is the most populous of the southeastern states and the second most populous Southern state after Texas. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. Investing in real estate can diversify your portfolio. > Ohio GDP per capita: $50,666 (Poland: $15,823). Poverty also remains a considerable challenge in the country. Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. > La. your CMS. - 2018 state GDP: $1.7 trillion Florida's most populous city is Jacksonville, with an estimated population of 949,611. Wisconsin That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. - GDP equal to: Singapore ($364.2 billion) plus Eritrea ($2.6 billion). Particularly interesting to note is the fact that California has 6 million fewer workers than France, yet produced a little . Compare the size of US states by selecting two states below. The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. New York - GDP higher than: 129 of 212 countries You may be surprised at what you find! 2020 South Carolina Presidential Poll. How did they do it? U.S. national defense spending is the heart and soul of Guams economy. Hawaii Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. > Ala. population: 4.9 million (Kazakhstan: 18.0 million) While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. Instead, the state has some of the largest shares of workers employed in the information and finance industries. 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. > GDP: $53.5 billion Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. population: 1.9 million (Slovak Republic: 5.4 million) > Country w/ similar GDP: Ghana ($50.6 billion) Among the specialized products South Carolina creates are gear boxes for motor vehicles. 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. Florida - GDP higher than: 111 of 212 countries 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. > Ind. - 2018 state GDP: $33.3 billion - GDP higher than: 194 of 212 countries 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. - 2018 state GDP: $64.9 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 higher than: 168 of 212 countries Its GDP per capita is less than one-third that of Utah. In its third decade of existence, North Macedonia is finally seeing notable economic growth. > R.I. GDP per capita: $50,446 (Slovenia: $25,662). Like Colorado, Indiana, and Tennessee, Minnesotas economy is similar in size to that of Singapore $322.4 billion compared to $310.0 billion, respectively. > Wis. GDP per capita: $50,431 (Israel: $34,135). > Va. GDP per capita: $54,730 (Nigeria: $2,412). - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). South Dakota > Hawaii GDP per capita: $55,668 (Myanmar: $1,490). > N.J. population: 9.0 million (Iran, Islamic Rep.: 81.2 million) Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. Nigeria, meanwhile, is one of the worlds largest oil producers. The Florida Chamber Foundation does not lobby or conduct any political activities whatsoever. Over 11,000 miles of rivers, streams and waterways are located within the state. 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. about 0.3 times the size of Washington, DC. 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. Even individual U.S. states have GDPs that rival countries many times their size. You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion - GDP higher than: 169 of 212 countries The U.S. is still ahead in a race no one wants to win. A bustling medical industry and retail giants like Target are the backbone of Minnesotas GDP. Florida is not the cheapest state to live in, but it's not the most expensive either. population: 579,315 (Cte dIvoire: 24.3 million) Myanmar is trying to spur economic growth through reforms that attract foreign investment. - GDP higher than: 157 of 212 countries In particular, ranchers and farmers are continuing to thrive in Colorado. - GDP equal to: Hungary ($157.9 billion) plus Chad ($11.3 billion). Columnist Stephanie Hayes will share thoughts, feelings and funny business with you every Monday. Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. Florida has approximately 9.88% the land area of Alaska. - GDP higher than: 192 of 212 countries New Jersey has a similar economic output to Iran, even though the Middle Eastern country has about nine times as many residents and 72 times as much land. > GDP: $315.1 billion Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. 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. Its GDP compares favourably to that of France, which produced $2.42 trillion during the same period. Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. Benins new free market economy is showing signs of growth, with cotton as an anchor. After all, the U.S. GDP in 2021 . Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. Texas > Country w/ similar GDP: Singapore ($310.0 billion) - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). Uruguay's population has remained largely steady over the last decade. Minnesota Wyomings economy is also largely resource based. > La. Rhode Island has approximately 2.35% the land area of Florida. Pennsylvania, particularly in its southwest counties, is a major producer of coal. Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. > Md. Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China.