Four of America's states (California, Texas, New York and Florida . > S.D. This is how all 50 state economies rank. Oil has pumped billions into North Dakotas GDP numbers over the past decade. > Vt. GDP per capita: $47,408 (Latvia: $15,553). > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) Kazakhstan, a country 15 times the size of Oklahoma by landmass and nearly five times as large by population, has a similarly sized economy. The sixth largest producer of crude oil and fourth largest producer of natural gas, Oklahomas $190.9 billion economy is heavily dependent on energy production. > Country w/ similar GDP: Angola ($101.7 billion) The presence of Chinese firms have long boosted Hong Kongs GDP, but the current unrest there makes the future of the economy uncertain. Compare your state to Alaska. Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. > Country w/ similar GDP: Singapore ($310.0 billion) However, it also shares borders with Israel and Syria and has been involved in armed conflicts. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). However, those stats may not give you a great idea of how Florida's girth actually compares to different countries, since size is often better understood visually. Benin, meanwhile, is relatively reliant on cotton. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. - GDP higher than: 192 of 212 countries 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. - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). But it doesnt have to be that way. - GDP higher than: 208 of 212 countries Compared to the United States it is tiny. > Utah population: 3.1 million (Hungary: 9.8 million) Zillow offers "Zestimates" on . We will place both states on top of each other on the same map in order to show you their relative size. And, of course, more unvaccinated people getting the jab would help, too. Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. Thus, the US is 107 times bigger than Portugal. Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. population: 6.1 million (Chile: 18.1 million) In 2007, India's $800 billion economy was on par with Florida. - GDP higher than: 174 of 212 countries Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. Yes, cheese is a major contributor to Wisconsins GDP, but a recent surplus due to lack of milk consumption by consumers has created concern. Norway recently developed into a major exporter of petroleum after discovering offshore reserves. > Country w/ similar GDP: Nigeria ($460.5 billion) The Florida Chamber Foundation does not lobby or conduct any political activities whatsoever. The Bayou State is big on manufacturing, and professional, scientific, and technical services (beignets and gumbo, while delicious, probably only amount to a small amount of the states economy). > GDP: $199.3 billion Only seven states on this list have a lower GDP per capita than their corresponding country. > Wash. GDP per capita: $64,937 (Norway: $91,219). Scroll to read more Arts Stories + Interviews articles. The two also have similar population sizes 10.4 million in Georgia compared to 11.4 million in Belgium. > Iowa population: 3.1 million (Qatar: 2.6 million) > Mo. Mercator's map inadvertently also pumps up the sizes of Europe and North America. population: 6.9 million (Norway: 5.3 million) today Florida, if it were an independent country, would be the 15th largest economy in the world. State populations and employment concentration by industry came from the U.S. Census Bureaus 2017 American Community Survey. - GDP higher than: 125 of 212 countries Tourism is a major draw in and around the Channel Islands. A financial advisor can help you understand the advantages and disadvantages of investment properties. Nebraska > Country w/ similar GDP: Poland ($600.9 billion) Bridgette Norris New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. > Minn. GDP per capita: $57,809 (Singapore: $55,236). If youre an investor looking to minimize expenses, consider checking out online brokerages. According to a neat overlay map posted to Reddit by user martinswfan, you can fit 30 European countries into the continental US. - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). Nearly 16% of the states labor force is employed in the professional, scientific, and management sector, the largest share of any state. California is equal to 1.74 UKs. - GDP higher than: 192 of 212 countries population: 6.1 million (Malaysia: 31.6 million) > GDP: $2.6 trillion Columnist Stephanie Hayes will share thoughts, feelings and funny business with you every Monday. One key contributor to Georgias economy is a growing film industry. The countries on this list which span six continents are in varying stages of development. Louisiana 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. For example, Californias $2.6 trillion economy is larger than all but half a dozen countries worldwide. - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion). your CMS. > Iowa GDP per capita: $53,798 (Qatar: $65,694). Benins new free market economy is showing signs of growth, with cotton as an anchor. GDP per capita: $33,558 (Angola: $3,414). 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. If Florida were a country, it . - GDP higher than: 156 of 212 countries - 2018 state GDP: $3trillion - 2018 state GDP: $239.8 billion Investing in real estate can diversify your portfolio. - 2018 state GDP: $60.6 billion Instead, the state has some of the largest shares of workers employed in the information and finance industries. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. We jest kind of. The other downside of this is that the aggregation of American states has led to a habit of treating smaller and medium-sized states as if they are insignificant. | Column. - GDP equal to: Iraq ($224.2 billion) plus Haiti ($9.7 billion). Finding a qualified financial advisor doesnt have to be hard. You may also like: States where you are most likely to hit a deer, - 2018 state GDP: $221.7 billion This jump can be attributed to the fact that Floridas economy has recovered more quickly than both the U.S. economy and many countries economies. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. > La. Haiti, which once specialized in sugar, is seeing its economy drastically decline. 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. . Ranking all 50 states by size in square miles including overall area, land area, and water area. China and India have clearly made great leaps forward in both absolute and relative terms. 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. Ohio. Moroccos top exports include fertilizers, insulated wires, and cars. 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. Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. > Conn. population: 3.6 million (Portugal: 10.3 million) - GDP higher than: 180 of 212 countries > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). Singapores economy is highly developed and relies heavily on exports of computer components. Thanks to the booming tech industry in Huntsville and surrounding areas, Alabamas GDP received a boost of $22 billion. > N.C. GDP per capita: $47,142 (Norway: $91,219). The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. > Country w/ similar GDP: Russian Federation ($1.7 trillion) > GDP: $321.1 billion To publish, simply grab the HTML code or text to the left and paste into > Maine population: 1.3 million (Azerbaijan: 9.9 million) 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. Particularly interesting to note is the fact that California has 6 million fewer workers than France, yet produced a little . New York Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. - 2018 state GDP: $178.1 billion - GDP higher than: 153 of 212 countries Answer (1 of 13): The US has a bigger economy, population and land area compared to Italy. > GDP: $363.0 billion Its GDP per capita is less than one-third that of Utah. Florida ranks No. By - GDP higher than: 148 of 212 countries Wyomings economy is also largely resource based. In Wisconsin, its cheese. - GDP equal to: Zimbabwe ($31billion) plus Central African Republic ($2.2 billion). The nations GDP per capita is below $5,000. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. 2020 South Carolina Presidential Poll. > Neb. > Kan. GDP per capita: $50,970 (Hungary: $15,648). Want more of our free, weekly newslettersinyourinbox? 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. > GDP: $45.4 billion The Netherlands is one of the largest economies in the European Union. population: 1.9 million (Slovak Republic: 5.4 million) Florida has approximately 9.88% the land area of Alaska. - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). > Calif. GDP per capita: $65,160 (India: $1,965). Some are diligent. Kentuckys population of 4.5 million is also closely aligned with New Zealands 4.8 million residents. Median Income. - 2018 state GDP: $169.3 billion > Country w/ similar GDP: Croatia ($63.2 billion) Montana Tobacco is also an anchor of Sri Lanka's economy, along with oil and tea. Universal health care in most countries has been achieved by a mixed model of funding. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. Croatia is home to four times as many people as Delaware and its landmass is nearly nine times the size of the state. > N.H. population: 1.3 million (Oman: 4.6 million) 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. > Kan. population: 2.9 million (Hungary: 9.8 million) Alaska is bigger than most people realize. - 2018 state GDP: $348.3 billion That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. Alaska, which is the largest state, has among the lowest state populations in the country. North Dakotas economy is roughly the size of the entire African nation of Ghana. 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. > GDP: $315.1 billion Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. > Country w/ similar GDP: Singapore ($310.0 billion) > Mich. population: 10.0 million (Argentina: 44.3 million) Florida is slightly bigger than the average state, as it ranks 22nd by area. - 2018 state GDP: $336.3 billion > GDP: $207.7 billion In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. Even more significant is the GDP of each . - 2018 state GDP: $56.1 billion > Ill. population: 12.8 million (Saudi Arabia: 32.9 million) > Hawaii population: 1.4 million (Myanmar: 53.4 million) Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. Its closest comparison on a global stage is India, which is home to 1.3 billion people, making it the second most populous country in the world by population. > GDP: $1.6 trillion In Sri Lanka, government debt accounts for about 79% of its GDP. - 2018 state GDP: $1trillion Time to flee to New Zealand? - 2018 state GDP: $412.6 billion This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. - GDP equal to: Israel ($370.6 billion) plus Turks and Caicos Islands ($1billion). Connecticut 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. 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. > GDP: $114.0 billion - GDP higher than: 189 of 212 countries 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. The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. Louisianas economy relies heavily on its energy sector. Conversely, a relatively small amount of New Jerseys economic output comes from natural resources. > Country w/ similar GDP: Qatar ($173.4 billion) Portugal's Atlantic coastline is 837 kilometers long, about 520 miles. - 2018 state GDP: $233.9 billion - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). > GDP: $323.3 billion People arent just getting the virus, they are dying from it. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). The United States is a vast country with a large amount of land. 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? New Mexico has a GDP of $91.0 billion, in line with the GDP of the South American nation of Ecuador. Iraq specializes in oil. > GDP: $100.1 billion What about over the last month, ending Wednesday? > Country w/ similar GDP: Israel ($297.4 billion) Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. > GDP: $590.7 billion What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. > Mont. As for COVID, Florida has some explaining to do. > Country w/ similar GDP: Algeria ($199.2 billion) > Wash. population: 7.4 million (Norway: 5.3 million) In other words, Florida is approximately 42.56 times larger than Rhode Island. > GDP: $38.7 billion To that end, most Stacker stories are freely available to - 2018 state GDP: $675.9 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. Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. population: 961,939 (Croatia: 4.1 million) According to the CDC, the results haven't been too bad. > S.C. population: 5.0 million (Algeria: 41.3 million) Californias $2.6 trillion economy is the largest of any state. Of the countrys $60.8 billion in exports, 95% are crude petroleum. Surprisingly enough, were Florida a country, it would also be considered mid-sized, ranking as the 90th largest country by area, just a tad larger than Suriname. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. population: 3.0 million (Angola: 29.8 million) The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. 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. > GDP: $546.5 billion But how do the countrys COVID numbers measure up to the rest of the world, and what might we learn from the comparison? Manufacturing, and finance and insurance are two pillars of Illinois GDP. > Ga. GDP per capita: $48,979 (Belgium: $46,079). The auto industry has been a beacon of Michigans economy for almost a century. - GDP higher than: 195 of 212 countries Pennsylvania > Country w/ similar GDP: New Zealand ($181.5 billion) Economic development, however, is hindered by political and social instability. We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. Tim Wenger. It's so vast that you'd need well over a month to properly explore it all. Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. A resource-rich state, Alaskas 1.6 billion barrels of proved crude oil reserves is more than all but five other states. GDP per capita: $52,240 (Libya: $7,315). | Analysis. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . > N.Y. population: 19.8 million (Australia: 24.6 million) Brit. In Algeria, oil, gas, and inorganic chemicals stabilize the economy. The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. Nigeria, meanwhile, is one of the worlds largest oil producers. 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. - GDP higher than: 172 of 212 countries > Country w/ similar GDP: Kazakhstan ($196.0 billion) Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists. slightly smaller than the US. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Today, Norway is the seventh largest oil exporter in the world. This page lists the total size (land plus water) and the land area for the 50 US states. population: 1.1 million (Lebanon: 6.1 million) The countrys economy centers around manufacturing, with more than a quarter of exports in 2017 in vehicles or vehicle parts. Florida has more Covid-19 cases than most countries If Florida were a country, it . Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. Despite a larger population, Hungary and Kansas have similarly sized economies, at $153.1 billion and $148.5 billion, respectively. For almost two centuries, cotton has been essential to Oklahomas economy. - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). - GDP higher than: 141 of 212 countries > Country w/ similar GDP: Uzbekistan ($65.8 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. - 2018 state GDP: $39.1 billion - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). > Mass. Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. > Country w/ similar GDP: Israel ($297.4 billion) > Idaho GDP per capita: $39,032 (Uzbekistan: $2,031). 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. Tennessee GDP per capita: $37,930 (Morocco: $3,292). - GDP higher than: 127 of 212 countries Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. > N.D. GDP per capita: $67,244 (Ghana: $1,756). GDP per capita: $58,053 (Slovak Republic: $19,897). This includes the Everglades in the southern tip of the state, which are the largest tropical wilderness in the country and one of the largest tropical wildernesses in the Americas. Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. 1. In fact, Florida is the 3rd most populous state in America. Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. > R.I. population: 1.1 million (Slovenia: 2.1 million) > GDP: $184.7 billion > GDP: $883.1 billion Like Arizona, the country that has the closest GDP to Wisconsin is Israel. We've had - Florida's have fewer cases per capita than California. Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. - 2018 state GDP: $73.5 billion In Mauritania, the economy is focused on agriculture and raising livestock. Poland has the sixth largest economy in the European Union with a GDP of just over $600 billion, roughly in line with Ohios GDP. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. Like other countries in the region, Oman relies heavily on exports of crude oil and petroleum products. > Ala. population: 4.9 million (Kazakhstan: 18.0 million) You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion 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 . 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. 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. As Monaco doesnt have an income tax, the country is known as a tax haven. - GDP higher than: 157 of 212 countries Over 11,000 miles of rivers, streams and waterways are located within the state. > GDP: $63.9 billion . - GDP equal to: Colombia ($331billion) plus Mauritania ($5.2 billion). 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 .