California barely edges out the entire GDP of the U.K., whose economy is struggling because of the Brexit mess. 1. 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. Visually speaking, Canada and Russia appear to take up approximately 25% of the Earth's surface, when in reality they occupy a mere 5%. Michigan has a $458.8 billion GDP, roughly in line with the economic output of the South American nation of Argentina. 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. The way North Carolina relies on furniture, Tajikistan is reliant on minerals. > La. 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 higher than: 130 of 212 countries 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. New York If youre an investor looking to minimize expenses, consider checking out online brokerages. While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. Like Arizona, the country that has the closest GDP to Wisconsin is Israel. > GDP: $79.5 billion The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. > Ariz. population: 7.0 million (Israel: 8.7 million) Today, India's economy is 2.4 times larger than the Sunshine State. - GDP higher than: 111 of 212 countries We have a choice in this fight. - GDP higher than: 148 of 212 countries > Country w/ similar GDP: Croatia ($63.2 billion) But it doesnt have to be that way. > Country w/ similar GDP: Chile ($271.9 billion) The total area of the countryincluding islands like the Azores and Madeira Islandis 92,345 square kilometers (35,655 square miles), slightly smaller than Indiana. > Country w/ similar GDP: Azerbaijan ($57.3 billion) Four of America's states (California, Texas, New York and Florida . 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. - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). Mercator's map inadvertently also pumps up the sizes of Europe and North America. > N.D. population: 755,393 (Ghana: 28.8 million) Singapore has a highly developed economy and is a global financial hub. It's as wide as the lower states and larger than Texas, California, and Montana combined. Today, it is one of the most open and developed economies in the world. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Floridas growth compared to the rest of the world. Is Greenland really as big as all of Africa? 46. - 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. A relatively high 18.5% of Florida's area is covered by water. 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: Countries with the most oil and who they're selling it to. Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. Arkansas economy generated $114.0 billion in 2017, roughly in line with the GDP of Morocco, a North African nation with a population nearly 12 times that of Arkansas. Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. > Ore. population: 4.1 million (Iraq: 38.3 million) 7 by GDP, but no. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. - 2018 state GDP: $348.3 billion Californias $2.6 trillion economy is the largest of any state. Instead, the state has some of the largest shares of workers employed in the information and finance industries. However, it also shares borders with Israel and Syria and has been involved in armed conflicts. Here's British Columbia, outlined by yours truly. > Neb. > Country w/ similar GDP: Lebanon ($43.2 billion) > Country w/ similar GDP: Norway ($481.8 billion) The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. > GDP: $184.7 billion Florida Partially as a result, the states economy contracted by 2.1% from the end of 2019 through the end of 2020. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). > Country w/ similar GDP: Oman ($74.8 billion) Can you answer these real 'Jeopardy!' 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. Wyoming > Wyo. But expanding your horizons may add additional costs. > Alaska GDP per capita: $70,683 (Guatemala: $3,124). > GDP: $275.6 billion Virginia has a massive $463.6 billion economy, in line with the total economic output of Nigeria, the most populous country in Africa. Arkansas - 2018 state GDP: $73.5 billion 1. 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. 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. Time to flee to New Zealand? > Wis. population: 5.8 million (Israel: 8.7 million) 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. GDP per capita: $48,377 (Romania: $11,045). We will place both states on top of each other on the same map in order to show you their relative size. Nebraskas bread and butter is in meat, corn, and soybeans. Yes, cheese is a major contributor to Wisconsins GDP, but a recent surplus due to lack of milk consumption by consumers has created concern. Like West Virginia, Oman is also resource rich. It posted a record-breaking 87.3 million visitors in 2011. > Mass. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. - GDP higher than: 195 of 212 countries North Carolina has long been considered by many the furniture capital of the world. In line with always being known for its apples, Washington is creating new super apples to keep the market strong. - 2018 state GDP: $3trillion Stacker distribution partners receive a license to all Stacker stories, Florida has more Covid-19 cases than most countries. Although Dorothy landed in Oz and not Hungary, her home state surpasses the Central European nation known for machinery, construction materials, and processed foods. > Ky. GDP per capita: $41,463 (New Zealand: $37,853). 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. You may also like: The most conservative public colleges in America, - 2018 state GDP: $93.8 billion - GDP higher than: 191 of 212 countries The 17 oil refineries in the state can process up to 3.3 million barrels of crude oil a day and account for about 20% of Americacn refining capacity. > GDP: $70.6 billion 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. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). Minnesota Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists. > GDP: $700.8 billion 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. In its third decade of existence, North Macedonia is finally seeing notable economic growth. 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. - 2018 state GDP: $54.7 billion Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Of the countrys $60.8 billion in exports, 95% are crude petroleum. Information from the Florida Department of Health was also used. A great tool for educators. 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. - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. Texas and Brazil. - GDP higher than: 144 of 212 countries > Md. In Algeria, oil, gas, and inorganic chemicals stabilize the economy. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. Yikes! population: 6.9 million (Norway: 5.3 million) > Country w/ similar GDP: Slovenia ($53.0 billion) Similar-Sized Countries. Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. Indian Ocean. 2022 California US Senate. Nearly half of the countrys $70.1 billion in exports in were copper, copper ore, and refined copper. 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. 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. as well as image rights, data visualizations, forward planning tools, After all, the U.S. GDP in 2021 . 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. There are over 1.6 million people in the Jacksonville area. Want more of our free, weekly newslettersinyourinbox? Its GDP per capita is less than one-third that of Utah. The countrys chief exports include cotton, gas, and gold. > S.C. population: 5.0 million (Algeria: 41.3 million) Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. - GDP higher than: 191 of 212 countries Our smallest state is a giant in the recycling industry. > Country w/ similar GDP: Hungary ($153.1 billion) The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. Subscribe now to get the latest news delivered right to your inbox. 2022 California Gubernatorial. ALLEN: No, Florida never went to another lockdown. > S.D. 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. > Colo. GDP per capita: $57,654 (Singapore: $55,236). Alaska is the biggest state in the union. By GDP, however, the two are more closely matched. Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. population: 3.0 million (Morocco: 35.7 million) Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. Technology has made our lives easier in many ways. Tim Wenger. Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. South Carolina Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. U.S. national defense spending is the heart and soul of Guams economy. Scotland has a land size of 30,415 . > N.C. GDP per capita: $47,142 (Norway: $91,219). > GDP: $111.5 billion - GDP higher than: 179 of 212 countries population: 6.7 million (Singapore: 5.6 million) > GDP: $463.6 billion - GDP equal to: Cameroon ($38.7 billion) plus Sao Tome and Principe ($0.4 billion). Missouri We've had - Florida's have fewer cases per capita than California. But it's . - GDP higher than: 168 of 212 countries Florida's population is estimated at over 21 million, and it is growing rapidly. The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. 2022 Texas Gubernatorial. 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. Florida's death toll, however, remains lower than Italy's - 4,277 in Florida, compared to 34,954 in Italy. Vermont has a $29.6 billion economy, nearly the same size as Latvias $30.2 billion economy. 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. - 2018 state GDP: $275.7 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. Wheat, once a strength of Oregons economy, has fallen on hard times. 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. Finding a qualified financial advisor doesnt have to be hard. - GDP equal to: Hungary ($157.9 billion) plus Benin ($10.4 billion). Orlando bids a sad, though not final, farewell to musical theater powerhouse Tod Kimbro, Thundering Spirit Family Pow Wow returns to Mount Dora this weekend, Monster Jam crashes into Orlando's Camping World Stadium this weekend, The Uptown Arts Expo is back in Altamonte Springs in late March. - GDP equal to: Cuba ($100billion) plus Marshall Islands ($0.2 billion). Russias economy depends on gas, though not as much as many other nations on this list. > Miss. Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. It was admitted as the 27th state in 1845.
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