GDP per capita: $52,240 (Libya: $7,315). Is Greenland really as big as all of Africa? > Country w/ similar GDP: Singapore ($310.0 billion) - 2018 state GDP: $348.3 billion 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. A common debate at the bar and on the internet regularly centers on how one state could stand on its own independently. How big is Italy compared to Florida? - Quora > Country w/ similar GDP: India ($2.6 trillion) questions about the economy? > N.M. population: 2.1 million (Ecuador: 16.6 million) 2022 California US Senate. > Texas population: 28.3 million (Russian Federation: 144.5 million) 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. Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. 2022 Florida US Senate. The table above shows a comparison of 30-year vs. 15-year fixed-rate loans for a $250,000 home with a 20% down payment. 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. Israels top export is diamonds, worth over $10 billion in 2017. 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 . > Tenn. population: 6.7 million (Singapore: 5.6 million) Free Will Astrology: Is the soul shaped like an iceberg or a hummingbirds eye? > GDP: $700.8 billion questions about the economy? Connecticut - GDP higher than: 135 of 212 countries For reference, Iowas GDP per capita is just $53,798. > GDP: $55.6 billion 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. If Florida were a country, where would it rank in fighting COVID? Florida's death toll, however, remains lower than Italy's - 4,277 in Florida, compared to 34,954 in Italy. > Wis. population: 5.8 million (Israel: 8.7 million) The countrys chief exports include cotton, gas, and gold. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). Gun violence in US and what the statistics tell us - BBC News Popular Political Data. The Netherlands is one of the largest economies in the European Union. > Ind. The monthly payments for the $200,000 mortgage includes . The population of Florida is 21,781,128, an increase of 1.1% from 2020. Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. A resource-rich state, Alaskas 1.6 billion barrels of proved crude oil reserves is more than all but five other states. Rhode Island is the smallest state in the United States. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). - GDP higher than: 141 of 212 countries From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). New Zealands economy is driven largely by agriculture, tourism, and manufacturing. Ghanas major exports include oil, gold, and cocoa. Mining, particularly in gold, is a big industry in Utah. As for COVID, Florida has some explaining to do. Key Facts. Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. > GDP: $207.7 billion Louisiana More recent data out of the US suggests that gun ownership . > GDP: $50.8 billion How Big is Florida? - SpareFoot Moving Guides Time to flee to New Zealand? how big is florida compared to other countries US States Renamed as Countries with Similar GDPs U.S. States' GDP Compared to Countries - finance.yahoo.com Based on total gross domestic product, the Sunshine States economy would rank in the top 20 in the world, a little smaller than Indonesias and about the same size as the Netherlands. And, of course, more unvaccinated people getting the jab would help, too. Kentucky - 2018 state GDP: $64.9 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. - GDP higher than: 191 of 212 countries While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. Same goes for comparing the last month to last week, which wasnt very good for Florida either. Additional state level data on economic output by industry from the Bureau of Economic Analysis. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. > GDP: $275.6 billion Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. Click here to see how GDP of U.S. States compares to countries around the world. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. Hawaii Following nearly five decades of oppressive military rule, the country held free elections in 2015, only to draw international condemnation two years later for what has been deemed ethnic cleansing of the countrys Rohingya Muslim population. Wyomings economy is also largely resource based. > Colo. GDP per capita: $57,654 (Singapore: $55,236). When it comes to real estate, however, consumers should be wary of relying too heavily on estimates from websites like Zillow. > Country w/ similar GDP: Hungary ($153.1 billion) Still, there are four states with GDPs over $1 trillion. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). 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. > Mich. GDP per capita: $46,055 (Argentina: $10,397). These maps show just how massive Ontario really is | Curated - Daily Hive > GDP: $190.9 billion | Analysis. Indian Ocean. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. > Ore. population: 4.1 million (Iraq: 38.3 million) - GDP equal to: Sri Lanka ($88.9 billion) plus Somalia ($4.7 billion). The nation's most closely watched forecasting model . 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. Michigan 47 by population. A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. To that end, Stacker compiled a list comparing every states GDP to countries around the world. Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. and more. > Minn. population: 5.6 million (Singapore: 5.6 million) Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. - GDP higher than: 148 of 212 countries According to the CDC, the results haven't been too bad. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. | Column. But it's . - 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. Among the specialized products South Carolina creates are gear boxes for motor vehicles. Putting America's Enormous $19.4T Economy into Perspective by - AEI > Country w/ similar GDP: Singapore ($310.0 billion) - 2018 state GDP: $77.4 billion It posted a record-breaking 87.3 million visitors in 2011. > Utah population: 3.1 million (Hungary: 9.8 million) 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. 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. 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. It's as wide as the lower states and larger than Texas, California, and Montana combined. In other words, Florida is approximately 42.56 times larger than Rhode Island. Wisconsin - GDP equal to: Hong Kong SAR, China ($362.7 billion) plus Solomon Islands ($1.4 billion). 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. List of counties in Florida - Wikipedia Outline Map. The auto industry has been a beacon of Michigans economy for almost a century. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. Mercator Misconceptions: Clever Map Shows the True Size of Countries Washington apple producers are hoping for even more gains with the creation of the Cosmic Crisp apple. Alaska > Ga. population: 10.4 million (Belgium: 11.4 million) - 2018 state GDP: $364.1 billion 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. Colorado > GDP: $45.4 billion 2022 California Gubernatorial. The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . > Pa. GDP per capita: $54,725 (Saudi Arabia: $20,771). > Ga. GDP per capita: $48,979 (Belgium: $46,079). California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. 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.