Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Instead, the state has some of the largest shares of workers employed in the information and finance industries. > Ill. population: 12.8 million (Saudi Arabia: 32.9 million) - GDP higher than: 156 of 212 countries Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. 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. Mississippis $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. But expanding your horizons may add additional costs. - 2018 state GDP: $208.1 billion Stacker distribution partners receive a license to all Stacker stories, Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. 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. 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. Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. - GDP higher than: 192 of 212 countries Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. That's roughly half of California's current COVID rate and less than a quarter of Vermont's. Hawaii (with nine cases for every 100,000 residents) is the only other state in . 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. A resource-rich state, Alaskas 1.6 billion barrels of proved crude oil reserves is more than all but five other states. Stevehacks.com provides more than 600 000 recipes from all countries over the world. Florida has more Covid-19 cases than most countries. North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . British Virgin Islands. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. | Column. 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. - 2018 state GDP: $592.2 billion Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. Alaskas economy depends heavily on its energy sector. In Mauritania, the economy is focused on agriculture and raising livestock. Among the specialized products South Carolina creates are gear boxes for motor vehicles. 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). It closely matches the GDP of Australia. California is equal to 1.74 UKs. We could also say that Florida has an area 57% the size of Italy. > Ga. GDP per capita: $48,979 (Belgium: $46,079). 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. > GDP: $67.0 billion Only seven states on this list have a lower GDP per capita than their corresponding country. You may also like: Can you answer these real 'Jeopardy!' The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. They often offer low investment fees, helping you maximize your profit. 46. Meanwhile, Ecuadors economy depends heavily on petroleum exports and suffered in recent years from falling oil prices. 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. > Country w/ similar GDP: Qatar ($173.4 billion) Kentuckys population of 4.5 million is also closely aligned with New Zealands 4.8 million residents. In other words, the United States is 14 times larger than Texas. Montana To determine the states with the best and worst economies, both in the years leading up to the pandemic and during it, 24/7 Wall St. created an index of five measures five-year economic growth, five-year employment growth, the poverty rate, unemployment rate, and share of adults with a bachelors degree or higher. population: 4.7 million (Romania: 19.6 million) Less stable is Libyas economy, which suffers from political insecurity, power outages, and a booming black market. > GDP: $190.9 billion 4. Rhode Island has approximately 2.35% the land area of Florida. - GDP equal to: Netherlands ($913.7 billion) plus Morocco ($117.9 billion). After all, the U.S. GDP in 2021 . Maryland Benins new free market economy is showing signs of growth, with cotton as an anchor. Nicaragua counts on beef, gold, and coffee. Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. Like West Virginia, Oman is also resource rich. All of the COVID death rates are measured up to Wednesday, Aug. 31. - 2018 state GDP: $336.3 billion Thus, the US is 107 times bigger than Portugal. Florida and Alabama, with $1.087 trillion in GDP, almost match Mexico at $1.14 trillion, while Texas's economy, $1.59 trillion, is close to that of Brazil at $1.74 trillion. In 2007, India's $800 billion economy was on par with Florida. - 2018 state GDP: $239.8 billion > Country w/ similar GDP: Netherlands ($918.3 billion) > GDP: $29.6 billion 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. 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. While confronted with climate change questions, oil and gas remain a driving force of the economy in Texas. Though Washington is one of the more productive states relative to its size with a nearly $65,000 GDP per capita, Norways per capita output of over $91,000 is greater. Wyomings economy is also largely resource based. To be blunt: Too many people are still dying from COVID, and at a much higher rate in Florida than any other place in our comparison. Conversely, a relatively small amount of New Jerseys economic output comes from natural resources. > Okla. population: 3.9 million (Kazakhstan: 18.0 million) > Country w/ similar GDP: Romania ($216.3 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. > Iowa GDP per capita: $53,798 (Qatar: $65,694). > GDP: $192.7 billion Despite the setback, Floridas 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. > GDP: $74.4 billion - 2018 state GDP: $233.9 billion - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). A lack of private sector job creation has affected Serbias GDP. You may also like: 50 most congested cities in America, - 2018 state GDP: $168.3 billion > GDP: $275.6 billion While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. Do Politicians Understand Your Business? South Dakota 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. > GDP: $1.4 trillion Idaho had a $67.0 billion GDP in 2017, in line with the GDP of Uzbekistan, a country with nearly 19 times more people than Idahos population of 1.7 million. Poverty also remains a considerable challenge in the country. | Analysis. > Tenn. GDP per capita: $46,925 (Singapore: $55,236). - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). > Mich. population: 10.0 million (Argentina: 44.3 million) 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: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. > Iowa population: 3.1 million (Qatar: 2.6 million) > Ind. Africa is bigger than China, India, the contiguous U.S. and most of Europecombined! Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. Massachusetts 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: Nigeria ($397.3 billion) plus Albania ($15.1 billion). > GDP: $226.6 billion Zillow offers "Zestimates" on . 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. Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. The average population of Florida's counties is 325,091; Miami-Dade County is the most populous (2,662,777) and Liberty County is the least (7,900). Situated along the Mediterraneans eastern shore, Lebanon has long been a regional trading hub. GDP per capita: $37,930 (Morocco: $3,292). population: 1.1 million (Lebanon: 6.1 million) Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. $ 29,758. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion). Italy is 294k sq km the US is 31 times bigger - 9,160k sq km. Rhode Island is the smallest state in the United States. While Florida is only slightly bigger than average when it comes to area, it has one of the largest populations of any state. U.S. national defense spending is the heart and soul of Guams economy. Agriculture is key to Moroccos GDP too, but so are aerospace and tourism. North Carolina As a result, the per capita GDP of Saudi Arabia is significantly smaller than Pennsylvanias. 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. > Ga. population: 10.4 million (Belgium: 11.4 million) GDP in Texas was slightly higher than Brazil's GDP last year of $1.85 trillion. population: 961,939 (Croatia: 4.1 million) And Japan, among other countries, has been much more accepting of wearing masks and social-distancing in public spaces. - GDP equal to: Saudi Arabia ($786.5 billion) plus Guatemala ($78.5 billion). 3 of 44 4 of 44. At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. 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. As you can see, BC is larger than the UK (243,600 km) and Ireland (84,420 km). 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. > Country w/ similar GDP: Singapore ($310.0 billion) Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. - GDP equal to: Greece ($218billion) plus Suriname ($3.6 billion). British Indian Ocean Territory. > Mo. - GDP equal to: Argentina ($519.9 billion) plus Monaco ($7.2 billion). 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. On a per capita basis, Singapore is wealthier than Tennessee. - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). Vermont Our smallest state is a giant in the recycling industry. Tennessee > GDP: $238.9 billion - GDP higher than: 157 of 212 countries Although this makes Germany the largest country in Central Europe and the 6th largest in all of Europe, it's pretty paltry compared to the 3,796,742 square miles (or 9,833,520 square kilometers) of the United States. - GDP higher than: 189 of 212 countries It's as wide as the lower states and larger than Texas, California, and Montana combined. One key contributor to Georgias economy is a growing film industry. The lower number is a function of measuring deaths across only 30 days, not 19 months. Iowa is in the rare situation of low unemployment and not enough wage growth. > GDP: $883.1 billion New Mexicos GDP is becoming heavily influenced by the tech industry. > GDP: $63.9 billion Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. Over 11,000 miles of rivers, streams and waterways are located within the state. population: 3.0 million (Morocco: 35.7 million) Florida has approximately 9.88% the land area of Alaska. > GDP: $297.2 billion 2022 Florida Gubernatorial. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. Louisiana - GDP higher than: 144 of 212 countries land area is about 0.3 times the size of Washington, DC. Bermuda is heavily dependent on tourism for its GDP. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion A great tool for educators. 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. Roulette and slot machines are less prevalent in Chad, which banks on oil and agriculture. > Wyo. Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). Meanwhile, Wisconsins manufacturing industry employs 17.9% of workers in the state, well above the sectors 10.1% national average employment. The monthly payments for the $200,000 mortgage includes . This article represents the opinion of the Tampa Bay Times Editorial Board. Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . New York GDP per capita: $33,558 (Angola: $3,414). California > GDP: $2.6 trillion > La. In other words, Alaska is approximately 10.12 times larger than Florida. population: 869,666 (Libya: 6.4 million) - GDP higher than: 161 of 212 countries Image: World Bank/Bureau of Economic Analysis. You may also like: Best jobs that don't require a college degree, - 2018 state GDP: $202.6 billion - GDP higher than: 136 of 212 countries 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. Among other diverse economic growth, Floridas economy has added manufacturing jobs (+6.0%) while the U.S. lost them (-1.7%), landing at #2 in total manufacturing job creation over the past 5 years, and #5 in growth rate. 2022 California Gubernatorial. Florida's population is estimated at over 21 million, and it is growing rapidly. - 2018 state GDP: $563.7 billion In Stevehacks, you can easily find your deserved recipes by using filtering by category function or you can use searching how big is argentina compared to other countries on the top of page. Like Colorado, Indiana, and Tennessee, Minnesotas economy is similar in size to that of Singapore $322.4 billion compared to $310.0 billion, respectively. We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. > Country w/ similar GDP: Argentina ($460.3 billion) China and India have clearly made great leaps forward in both absolute and relative terms. More workers in East Palestine at the site of the toxic train derailment are reporting intense headaches and nausea, prompting fears that the cleanup could constitute a new 'ground zero' health disaster. Today, India's economy is 2.4 times larger than the Sunshine State. > Country w/ similar GDP: Kazakhstan ($196.0 billion) - 2018 state GDP: $348.3 billion Algerias economy depends on petroleum, but with oil prices much lower than they were five years ago, the nations exports were nearly cut in half from 2012 to 2017. In Somalia, livestock and telecommunications provide some economic help. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. > GDP: $150.1 billion Economic Activity. Mercator's map inadvertently also pumps up the sizes of Europe and North America. On this page. Its total area is 65,758 square miles. 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. 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 . Every day you run your business and every day politicians and bureaucrats in Tallahassee make decisions that impact it. > Country w/ similar GDP: Norway ($481.8 billion) - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). To be blunt: Too many people are still dying from COVID, and at a much higher rate in Florida than any other place in our comparison. As a result, Singapore is more productive on a per capita basis. > Ore. population: 4.1 million (Iraq: 38.3 million) - 2018 state GDP: $84.5 billion Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. I t's easy to forget how large the United States is for one country, especially when you compare it to a continent like Europe that's made up of so many smaller countries. And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. In doing so, youre agreeing to the below guidelines. Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. Egypts economy is hard to gauge due to political factors, but oils and textiles have traditionally buttressed the country. In Ecuadors economy, wood products and seafood are bountiful. Like many other company websites, our website collects cookies to deliver the best user experience to you. Though Iraq is not often considered an economic powerhouse, it has a GDP of over $200 billion very similar to Oregons economic output. Still, there are four states with GDPs over $1 trillion. - GDP higher than: 169 of 212 countries 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. The auto industry has been a beacon of Michigans economy for almost a century. 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. > GDP: $111.5 billion Rhode Island > R.I. population: 1.1 million (Slovenia: 2.1 million) That puts Alabamas GDP above the total for Greece, which is slowly rebounding from high rates of unemployment, thanks to increased GDP from mining. Tourism is a major draw in and around the Channel Islands. 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 higher than: 208 of 212 countries > N.Y. GDP per capita: $71,252 (Australia: $55,926). The country is pulling out of a major economic contraction that started in 2009. > Wis. population: 5.8 million (Israel: 8.7 million) - 2018 state GDP: $1.7 trillion > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). 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: $484.3 billion However, because Norway is home to about 1.6 million fewer people than Massachusetts, its GDP per capita is even higher, at $91,219. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. 1. > N.D. GDP per capita: $67,244 (Ghana: $1,756). > Kan. population: 2.9 million (Hungary: 9.8 million) > Kan. GDP per capita: $50,970 (Hungary: $15,648). Compare the size of US states by selecting two states below. - GDP equal to: Myanmar ($71.2 billion) plus Liechtenstein ($6.2 billion). 2. Kansas > Country w/ similar GDP: Angola ($101.7 billion) 2020 New Hampshire Presidential Poll. The US ratio of 120.5 firearms per 100 residents, up from 88 per 100 in 2011, far surpasses that of other countries around the world. Singapores economy is highly developed and relies heavily on exports of computer components. > Country w/ similar GDP: Norway ($481.8 billion) - 2018 state GDP: $33.3 billion - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . Even with all of its oil wealth, Saudi Arabia's GDP in 2018 at $683 billion was below the GDP of US states like Pennsylvania ($793 billion) and Illinois ($863 billion). > S.D. Kentucky has a diverse economy, notable for whiskies, horse breeding, and a relatively new industry of antisera. A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). > Country w/ similar GDP: Portugal ($238.0 billion) GDP per capita: $48,170 (Singapore: $55,236). - GDP equal to: Singapore ($364.2 billion) plus Eritrea ($2.6 billion). For almost two centuries, cotton has been essential to Oklahomas economy. South Carolina 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. 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. > N.C. GDP per capita: $47,142 (Norway: $91,219). > Ind. - 2018 state GDP: $368.9 billion Florida overtook Indonesia and Mexicos economies during the past year. 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. This has now been amended. You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion Gross domestic product, or GDP, is the total value of goods and services a state or country produces over a given period. > Country w/ similar GDP: Lebanon ($43.2 billion) > GDP: $207.7 billion - GDP equal to: Colombia ($331billion) plus Mali ($17.2 billion). - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. 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. > Ark. You may also like: Best community college in every state, - 2018 state GDP: $52billion > GDP: $114.0 billion Per capita GDP by country was calculated by the World Bank and is current as of 2017. 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. > Country w/ similar GDP: Hungary ($153.1 billion) Simply replace the FIPS codes in the URL to generate your own comparison. To that end, Stacker compiled a list comparing every states GDP to countries around the world. > GDP: $38.7 billion > Country w/ similar GDP: Libya ($46.6 billion) > Country w/ similar GDP: Iraq ($208.6 billion) Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. About 40% of all coal in the United States is mined in Wyoming, and the state is also home to the largest uranium mining operations in the country. > N.Y. population: 19.8 million (Australia: 24.6 million) 2022 Florida US Senate. > Alaska population: 739,795 (Guatemala: 16.9 million) Four of America's states (California, Texas, New York and Florida . Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. - GDP higher than: 130 of 212 countries Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). It is the coal production that helps put Pennsylvania past Turkey in GDP, despite Turkeys solid production of textiles, iron, and steel. 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. Myanmar is trying to spur economic growth through reforms that attract foreign investment. - 2018 state GDP: $783.2 billion ALLEN: No, Florida never went to another lockdown. With the delta variant spreading, its a good time to make some COVID comparisons. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. - GDP equal to: Cameroon ($38.7 billion) plus Sao Tome and Principe ($0.4 billion). 2020 Iowa Presidential Poll. This crisis is ongoing. Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. Select two states below to get started.