GDP per capita: $48,377 (Romania: $11,045). - 2018 state GDP: $675.9 billion. > GDP: $199.3 billion Alaska is equal to 7.05 UKs. - GDP higher than: 136 of 212 countries Death may be inevitable for all of us, but death from COVID doesnt have to be, at least not in the large numbers weve seen so far. > Country w/ similar GDP: Angola ($101.7 billion) - GDP higher than: 141 of 212 countries GDP per capita: $66,419 (Croatia: $15,322). Indiana, however, is also many times the size of Singapore and home to over a million more people. > GDP: $275.6 billion Indianas $321.1 billion economy is only slightly larger than Singapores $310.0 billion economy. Floridas economy grows to 15th largest in the world, up from 17th. 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. Compare the size of US states by selecting two states below. > GDP: $510.8 billion 2022 Florida Gubernatorial. Universal health care in most countries has been achieved by a mixed model of funding. > Ore. GDP per capita: $50,138 (Iraq: $5,450). New Yorks economy is so diverse that it equals the GDP of Russia, a country that is a major world power player in moving oil, gas, and metals. Can you answer these real 'Jeopardy!' Maine Florida has more Covid-19 cases than most countries If Florida were a country, it . Arizonas $297.2 billion economy is about the size of Israels economy. Only so much can be gleaned by comparing the United States with its world-leading economy to much smaller and more impoverished countries like Peru and Botswana. 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. 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). Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. In Sri Lanka, government debt accounts for about 79% of its GDP. > Country w/ similar GDP: Oman ($74.8 billion) . That makes Italy 1.77 times as large as Florida. population: 3.0 million (Angola: 29.8 million) Corn, soy, and wheat join apples are Washington GDP heavyweights. Georgia Its GDP per capita is less than one-third that of Utah. The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. That puts Alabamas GDP above the total for Greece, which is slowly rebounding from high rates of unemployment, thanks to increased GDP from mining. > Wash. GDP per capita: $64,937 (Norway: $91,219). > Minn. population: 5.6 million (Singapore: 5.6 million) Texas Yes, Idahos economy is boosted by potatoes, but just as important is milk. > Ariz. population: 7.0 million (Israel: 8.7 million) - 2018 state GDP: $336.3 billion Drag and drop countries around the map to compare their relative size. - 2018 state GDP: $178.1 billion Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. But the delta variant has still infiltrated those defenses. Pennsylvania, particularly in its southwest counties, is a major producer of coal. population: 4.7 million (Romania: 19.6 million) Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. Compared to the United States it is tiny. > S.C. GDP per capita: $39,673 (Algeria: $4,820). Alaska - GDP higher than: 163 of 212 countries You may also like: Best commute in every state, - 2018 state GDP: $100.3 billion Tech industries have certainlyboosted the Golden States economyThe Guardian recently noted how Silicon Valley alone would be one of the worlds richest countries. 2022 California US Senate. Despite the setback, Florida's 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. By GDP, however, the two are more closely matched. > GDP: $590.7 billion Qatars $173.4 billion GDP is only slightly higher than Iowas $169.2 billion GDP even though it is home to half a million fewer people than the Midwestern state. Nearly 16% of the states labor force is employed in the professional, scientific, and management sector, the largest share of any state. While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. Israels top export is diamonds, worth over $10 billion in 2017. Florida has approximately 9.88% the land area of Alaska. The United States gained its economic-superpower status through consumer spending and highly developed industries that are backed by advanced technology and vast natural resources. - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). 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. > GDP: $458.8 billion Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). 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. You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion > Idaho GDP per capita: $39,032 (Uzbekistan: $2,031). For almost two centuries, cotton has been essential to Oklahomas economy. A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. SmartAssets free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. However, the Miami metro area is the state's most populous area, with a population of well over 6 million people. - 2018 state GDP: $73.5 billion Nicaragua counts on beef, gold, and coffee. 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 . Particularly interesting to note is the fact that California has 6 million fewer workers than France, yet produced a little . But it's . 2022 Florida US Senate. According to a neat overlay map posted to Reddit by user martinswfan, you can fit 30 European countries into the continental US. - 2018 state GDP: $56.1 billion The state would have the highest death rate in our country comparison, no matter the time frame. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. Connecticuts economy generated $238.9 billion in 2017, similar to the GDP of Portugal a country with nearly three times as many people and a landmass over six times the size of the state. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). If your organization is interested in becoming a Stacker How did they do it? > GDP: $50.8 billion As 2020 opens, uncertainty in trade, uncertainty in politics, and unstable business relations with countries like China and Russia weigh on economies at home and abroad. Professional, scientific, and technical services boost Marylands GDP, but liquified natural gas is a new economic stimulator. - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. Information from the Florida Department of Health was also used. But expanding your horizons may add additional costs. New Mexico Here's British Columbia, outlined by yours truly. 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. Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. The way North Carolina relies on furniture, Tajikistan is reliant on minerals. 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. 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. Compared to states like California and Montana, Texas is huge. Per capita GDP by country was calculated by the World Bank and is current as of 2017. Of all the national economies in the world, Romanias is the closest in size to that of Louisiana despite having a population over four times the size of Louisiana. > N.C. GDP per capita: $47,142 (Norway: $91,219). > GDP: $45.4 billion - GDP higher than: 157 of 212 countries We will place both states on top of each other on the same map in order to show you their relative size. > Country w/ similar GDP: Poland ($600.9 billion) Even individual U.S. states have GDPs that rival countries many times their size. A great tool for educators. - GDP higher than: 135 of 212 countries Key Facts. You may also like: Countries with the most oil and who they're selling it to. > Country w/ similar GDP: Myanmar ($79.5 billion) The size of the 50 U.S. states, listed from largest to smallest. Pakistan relies on mostly textiles and some pharmaceuticals to build its GDP. China and India have clearly made great leaps forward in both absolute and relative terms. We jest kind of. > R.I. population: 1.1 million (Slovenia: 2.1 million) Click here to see how GDP of U.S. States compares to countries around the world. GDP per capita: $66,776 (Cte dIvoire: $1,626). While confronted with climate change questions, oil and gas remain a driving force of the economy in Texas. The state and the country have the tools to fight the delta variant. Kansas According to the CDC, the results haven't been too bad. > Mich. GDP per capita: $46,055 (Argentina: $10,397). > GDP: $2.6 trillion Kentucky Scotland has a land size of 30,415 . - GDP equal to: Zimbabwe ($31billion) plus Central African Republic ($2.2 billion). - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). > 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. - GDP higher than: 192 of 212 countries ALLEN: No, Florida never went to another lockdown. > GDP: $363.0 billion In fact, at 665,384 square miles, you could fit Texas into Alaska twice. Motor vehicles and parts also are important to Argentinas GDP. Florida is slightly bigger than the average state, as it ranks 22nd by area. As for COVID, Florida has some explaining to do. 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 . 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. Florida Population 2023. > Miss. The United States has struggled to contain COVID-19, despite a comparatively well-financed health care system and early access to the vaccine. From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 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. population: 6.7 million (Singapore: 5.6 million) > GDP: $315.1 billion Just because a country (or two) may have more residents than a U.S. state, this does not mean its GDP is healthy. Maryland > Hawaii GDP per capita: $55,668 (Myanmar: $1,490). Shows like The Walking Dead have made the Peach State home, helping boost its GDP past tiny Liechtenstein, and Poland, which has the sixth largest economy in the European Union. Arizona $ 29,758. Dominicas economy has shifted from bananas to tourism. > Ga. population: 10.4 million (Belgium: 11.4 million) - GDP equal to: Saudi Arabia ($786.5 billion) plus Guatemala ($78.5 billion). North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. on > GDP: $238.9 billion > GDP: $192.7 billion > Pa. population: 12.8 million (Saudi Arabia: 32.9 million) > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). Russias economy depends on gas, though not as much as many other nations on this list. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. The Netherlands is one of the largest economies in the European Union. Sierra Leone is almost exclusively reliant on mining. Follow @TBTimes_Opinion on Twitter for more opinion news. - GDP higher than: 202 of 212 countries In contrast, gases, oils, and fertilizers make up a strong portion of Qatars GDP. 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: $44.4 billion > Country w/ similar GDP: Slovak Republic ($108.2 billion) - GDP higher than: 130 of 212 countries Egypts economy is hard to gauge due to political factors, but oils and textiles have traditionally buttressed the country. 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. - 2018 state GDP: $64.9 billion 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. > Ore. population: 4.1 million (Iraq: 38.3 million) 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. > GDP: $226.6 billion New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. Florida was the 27th state to be admitted to the Union in 1845. - GDP higher than: 152 of 212 countries - 2018 state GDP: $33.3 billion Hawaii > Idaho population: 1.7 million (Uzbekistan: 32.4 million) - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). > Country w/ similar GDP: Norway ($481.8 billion) We found that most states have a unique industry that inflates their GDP. 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. The nations GDP per capita is below $5,000. 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. While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. > GDP: $546.5 billion - 2018 state GDP: $318.9 billion Alaskas economy depends heavily on its energy sector. Some are diligent. This has now been amended. - GDP equal to: Bangladesh ($274billion) plus San Marino ($1.6 billion). Its another example of why many Americans can expect to get a booster shot in coming weeks and months. Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). GDP per capita: $59,983 (Malaysia: $11,528). This is how all 50 state economies rank. 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. - 2018 state GDP: $865.3 billion The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . It closely matches the GDP of Australia. > GDP: $79.5 billion Texas and Brazil. 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. Finding a qualified financial advisor doesnt have to be hard. GDP per capita: $52,240 (Libya: $7,315). The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. Colorado As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. > Ill. GDP per capita: $58,217 (Saudi Arabia: $20,771). > GDP: $190.9 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. Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. You may also like: Can you answer these real 'Jeopardy!' A lack of private sector job creation has affected Serbias GDP. - 2018 state GDP: $169.3 billion Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. This Canadian province is so huge that most people who live there rarely see it all. Thanks to the booming tech industry in Huntsville and surrounding areas, Alabamas GDP received a boost of $22 billion. Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. South Dakota > N.Y. population: 19.8 million (Australia: 24.6 million) - GDP higher than: 177 of 212 countries The two also have similar population sizes 10.4 million in Georgia compared to 11.4 million in Belgium. - 2018 state GDP: $366.8 billion Myanmar is trying to spur economic growth through reforms that attract foreign investment. Floridas growing economy is on the right path forward as the Florida Chamber Foundation, through its Florida 2030 Blueprint, works to grow Floridas economy to the 10th largest in the world by 2030. The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. With the delta variant spreading, its a good time to make some COVID comparisons. 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. And Japan, among other countries, has been much more accepting of wearing masks and social-distancing in public spaces. The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. People arent just getting the virus, they are dying from it. Costa Rica sends out tons of precision instruments and prepared foods. An analysis like this has its limitations. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Tourism is a major draw in and around the Channel Islands. Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. State populations and employment concentration by industry came from the U.S. Census Bureaus 2017 American Community Survey. Indian Ocean. - GDP equal to: Slovenia ($54billion) plus American Samoa ($0.6 billion). - 2018 state GDP: $77.1 billion - GDP higher than: 191 of 212 countries Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. > GDP: $142.9 billion 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. Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. In fact, it's 1.076 million km, and has almost 14 million residents according to the province's 2016 data.. > Fla. GDP per capita: $42,085 (Netherlands: $53,598). Oregon 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. And, of course, more unvaccinated people getting the jab would help, too. Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. - 2018 state GDP: $348.3 billion Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. Do Politicians Understand Your Business? > Country w/ similar GDP: Hungary ($153.1 billion) Yikes! Bermuda is heavily dependent on tourism for its GDP. Florida ranks No. - GDP equal to: Libya ($48.4 billion) plus St. Lucia ($1.9 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. By clicking Accept, you consent to the use of cookies. The countrys chief exports include cotton, gas, and gold. Like Arizona, the country that has the closest GDP to Wisconsin is Israel. - GDP equal to: Iraq ($224.2 billion) plus Haiti ($9.7 billion). > Country w/ similar GDP: Kuwait ($138.8 billion) However, it also shares borders with Israel and Syria and has been involved in armed conflicts. population: 1.9 million (Slovak Republic: 5.4 million) population: 6.1 million (Chile: 18.1 million) Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia . This isnt a theoretical analysis, nor are we looking at something that happened years ago. 11 U.S. States That Are Larger Than the UK. ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . Among the specialized products South Carolina creates are gear boxes for motor vehicles. The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. California barely edges out the entire GDP of the U.K., whose economy is struggling because of the Brexit mess. - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). - GDP higher than: 194 of 212 countries Answer (1 of 13): The US has a bigger economy, population and land area compared to Italy. Of the countrys $60.8 billion in exports, 95% are crude petroleum. Iowa However, to produce about the same amount .