If youre ready to find an advisor who can help you achieve your financial goals, get started now. - GDP equal to: Cuba ($100billion) plus Marshall Islands ($0.2 billion). restrictions, which you can review below. Benins new free market economy is showing signs of growth, with cotton as an anchor. Arizona is far larger than our Middle Eastern ally, however, at 113,990 square miles compared to Israels 8,355 square miles. Among the specialized products South Carolina creates are gear boxes for motor vehicles. Wheat, once a strength of Oregons economy, has fallen on hard times. > Texas GDP per capita: $57,077 (Russian Federation: $11,441). A statement from Mark Wilson, Florida Chamber of Commerce President & CEO regarding Floridas affordable housing: Florida Chamber Foundation Predicts Another Positive Year of Population and Economic Growth in 2023, A statement from Mark Wilson, Florida Chamber of Commerce President & CEO Regarding Historic, Consumer-Focused Property Insurance Reforms Pass During Special Session, Floridas Childhood Poverty Numbers Trending in the Right Direction, 113 of 116 Florida Chamber-Backed Candidates Win General Elections, New Florida Chamber Statewide Poll Shows Governor Ron DeSantis Holding Commanding Lead over Charlie Crist, Moving the Needle on the Six Pillars Driving Floridas Economy, Florida 2030 Blueprint Goal Leader Interest Form, Florida Equality of Opportunity Initiative, Florida Business Alliance for Early Learning Project, Florida Diversity, Equity and Inclusion Project, Florida Chamber Litigation & Regulatory Reform Center, Florida Institute for Political Leadership, International Center for Economic Development. You may also like: Best community college in every state, - 2018 state GDP: $52billion We then added Israel because it was quick to vaccinate much of its population, and New Zealand, which has one of the best track records of combatting COVID, though the small nation in the southwestern Pacific used strict lockdowns that likely would not have had the same success in much larger, non-island nations. Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. 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. Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. 7 by GDP, but no. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. And Japan, among other countries, has been much more accepting of wearing masks and social-distancing in public spaces. That makes Italy 1.77 times as large as Florida. and more. Squash, vanilla beans, and yams are plentiful in Tonga. > Country w/ similar GDP: Singapore ($310.0 billion) Alaskas economy depends heavily on its energy sector. Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. Motor vehicles, iron, and steel buoy Swedens economy. - GDP higher than: 144 of 212 countries New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. - 2018 state GDP: $565.8 billion After all, the U.S. GDP in 2021 . The United States has struggled to contain COVID-19, despite a comparatively well-financed health care system and early access to the vaccine. > GDP: $70.6 billion - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). > Country w/ similar GDP: Oman ($74.8 billion) Compare your state to Alaska. North Dakota For example, Californias $2.6 trillion economy is larger than all but half a dozen countries worldwide. 2020 South Carolina Presidential Poll. - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). Some are diligent. They often offer low investment fees, helping you maximize your profit. 1 in GDP, followed by Texas and New York. This article represents the opinion of the Tampa Bay Times Editorial Board. Yikes! > Country w/ similar GDP: Romania ($216.3 billion) 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. > GDP: $190.9 billion Montana, home to just over 1 million people, has a $44.4 billion economy similar in size to the economy of Lebanon, a country of over 6 million people. The table above shows a comparison of 30-year vs. 15-year fixed-rate loans for a $250,000 home with a 20% down payment. - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). - GDP higher than: 203 of 212 countries Even more significant is the GDP of each . 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. It has also been a refuge for people and groups displaced by violence. Rhode Island has approximately 2.35% the land area of Florida. > GDP: $321.1 billion > GDP: $63.9 billion Florida overtook Indonesia and Mexico's economies during the past year. - 2018 state GDP: $1.8 trillion - 2018 state GDP: $54.7 billion - GDP higher than: 153 of 212 countries - GDP higher than: 191 of 212 countries 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. Alabama Vermont Resource extraction is also a pillar of Ghanas far less diversified economy. Massachusetts 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. Haiti, which once specialized in sugar, is seeing its economy drastically decline. The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. And inspired by reddit user irich, who made a hella interesting map to showcase the province's size, we decided to take our own look at just how big Ontario is and spoiler alert, it's MASSIVE. Delawares economy is advanced, with the finance, insurance, and real estate sector accounting for a far higher than average 10.3% of total employment. 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. You may also like: 50 ways the housing market has changed in the past 50 years, - 2018 state GDP: $371.7 billion - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). Myanmar has been racked by political instability and atrocities in recent years. This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. As one of the worlds largest oil exporters, the Northern European country, home to about half as many people as North Carolina, has a GDP per capita of more than $91,000, nearly double the per capita economic output of North Carolina. > Idaho GDP per capita: $39,032 (Uzbekistan: $2,031). - GDP higher than: 156 of 212 countries Alabamas economy generated nearly $192.7 billion in economic output in 2017 nearly in line with the GDP of Kazakhstan, a former soviet country with a population more than triple that of Alabama. 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. With much of Virginia within commuting distance to Washington D.C., the state is home to some of the largest defense contractors in the world. > GDP: $546.5 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. > Country w/ similar GDP: Ghana ($50.6 billion) According to a neat overlay map posted to Reddit by user martinswfan, you can fit 30 European countries into the continental US. Washington The countrys chief exports include cotton, gas, and gold. 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 . Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. - GDP higher than: 127 of 212 countries 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: Singapore ($310.0 billion) > Calif. population: 39.5 million (India: 1.3 billion) 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. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. > N.Y. population: 19.8 million (Australia: 24.6 million) Investing in real estate can diversify your portfolio. - 2018 state GDP: $3trillion GDP per capita: $59,983 (Malaysia: $11,528). 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. > GDP: $44.4 billion In other words, Florida is approximately 42.56 times larger than Rhode Island. Oklahoma Like West Virginia, Oman is also resource rich. > Fla. GDP per capita: $42,085 (Netherlands: $53,598). We will place both states on top of each other on the same map in order to show you their relative size. Still, there are four states with GDPs over $1 trillion. - GDP higher than: 114 of 212 countries about 0.3 times the size of Washington, DC. Zillow offers "Zestimates" on . > R.I. GDP per capita: $50,446 (Slovenia: $25,662). We could also say that Florida has an area 57% the size of Italy. - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). > Fla. population: 21.0 million (Netherlands: 17.1 million) Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. But what if Florida were a country? Time to flee to New Zealand? > Country w/ similar GDP: India ($2.6 trillion) land area is about 0.3 times the size of Washington, DC. - 2018 state GDP: $348.3 billion > Ky. GDP per capita: $41,463 (New Zealand: $37,853). Wyoming And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. Mercator's map inadvertently also pumps up the sizes of Europe and North America. A lack of private sector job creation has affected Serbias GDP. > N.D. population: 755,393 (Ghana: 28.8 million) > Country w/ similar GDP: Argentina ($460.3 billion) > Calif. GDP per capita: $65,160 (India: $1,965). All of the COVID death rates are measured up to Wednesday, Aug. 31. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. The auto industry has been a beacon of Michigans economy for almost a century. > Wash. population: 7.4 million (Norway: 5.3 million) 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. 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. Iowa Qatar, an oil-rich Middle Eastern nation is one of the wealthiest countries in the world, with a GDP per capita of $65,694. Alaska is bigger than most people realize. 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. The size of the 50 U.S. states, listed from largest to smallest. Mining, particularly in gold, is a big industry in Utah. This is how all 50 state economies rank. More recent data out of the US suggests that gun ownership . > N.J. population: 9.0 million (Iran, Islamic Rep.: 81.2 million) At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. - 2018 state GDP: $366.8 billion > S.C. population: 5.0 million (Algeria: 41.3 million) > GDP: $91.0 billion Illinois - GDP higher than: 147 of 212 countries > Country w/ similar GDP: Hungary ($153.1 billion) - 2018 state GDP: $128.4 billion > Iowa population: 3.1 million (Qatar: 2.6 million) - GDP equal to: Ethiopia ($84.4 billion) plus Tuvalu ($42.6 million). Florida has approximately 9.88% the land area of Alaska. California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. - 2018 state GDP: $563.7 billion > GDP: $745.3 billion > Country w/ similar GDP: Hungary ($153.1 billion) It was admitted as the 27th state in 1845. Oregon - 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. > Okla. population: 3.9 million (Kazakhstan: 18.0 million) Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. Iowa is in the rare situation of low unemployment and not enough wage growth. In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. Idaho 2022 Texas Gubernatorial. Tobacco, the auto industry, and aircraft industry make up some staples of Ohios GDP figures. Look at the usual flat map of the world and it appears that Greenland is nearly as big as Africa. - GDP equal to: Cameroon ($38.7 billion) plus Sao Tome and Principe ($0.4 billion). That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. South Dakotas economic output is $45.4 billion, one of the lowest state GDP figures and roughly equivalent to that of Libya, a country on the northern coast of Africa. your CMS. America's second-largest state economyTexasproduced nearly $1.9 trillion of economic output in 2019, which would have ranked the Lone Star State as the world's 9th largest economy last year. South Carolina 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: $480.9 billion Kansas Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. Florida's death toll, however, remains lower than Italy's - 4,277 in Florida, compared to 34,954 in Italy. > GDP: $199.3 billion - GDP equal to: Pakistan ($314.6 billion) plus Sierra Leone ($4.1 billion). We jest kind of. - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. > Conn. GDP per capita: $66,592 (Portugal: $23,117). > GDP: $184.7 billion However, the Miami metro area is the state's most populous area, with a population of well over 6 million people. $ 29,758. In its third decade of existence, North Macedonia is finally seeing notable economic growth. Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. > Country w/ similar GDP: Portugal ($238.0 billion) Florida has approximately 9.88% the land area of Alaska. 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. > GDP: $1.4 trillion - 2018 state GDP: $412.6 billion > W.Va. GDP per capita: $38,860 (Oman: $16,144). > Mich. GDP per capita: $46,055 (Argentina: $10,397). GDP per capita: $58,053 (Slovak Republic: $19,897). Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. > Nev. GDP per capita: $47,648 (Kuwait: $33,546). To find out how big, simply select your state from the drop down menu, and we'll show you! > GDP: $883.1 billion > Conn. population: 3.6 million (Portugal: 10.3 million) [4] > Country w/ similar GDP: Nigeria ($460.5 billion) Uzbekistan gained independence after the collapse of the Soviet Union in 1991, but it still has a state-controlled economy. Investing in real estate can diversify your portfolio. Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. State populations and employment concentration by industry came from the U.S. Census Bureaus 2017 American Community Survey. 1. 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. > Country w/ similar GDP: Kazakhstan ($196.0 billion) - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. Alaska is the biggest state in the union. - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. 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 . Florida is considered a favorite travel destination in the United States and of the world. - GDP higher than: 164 of 212 countries Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. Still, Tennessee and Singapore have similarly sized economies, at $315.1 billion and $310.0 billion, respectively. Florida has more Covid-19 cases than most countries If Florida were a country, it . Indian Ocean. Economic Activity. - 2018 state GDP: $114.8 billion 2. Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. - GDP higher than: 141 of 212 countries GDP per capita: $45,076 (Chile: $15,060). Ohio. > GDP: $322.4 billion Arizona also has a slightly smaller population, with 7.0 million residents compared to Israels 8.7 million. - GDP higher than: 136 of 212 countries If Florida were a country, it . At 65,758 square miles, Florida is a mid-sized state, ranking as the 22nd largest in the US. If your organization is interested in becoming a Stacker | Analysis. Florida Population 2023. Science magazine recently called Israels rising death count a grim warning that vaccinations have blunted but not defeated the delta variant. Meanwhile, Wisconsins manufacturing industry employs 17.9% of workers in the state, well above the sectors 10.1% national average employment. 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. What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. By The News Service of Florida Jan 2, 2020 The U.S. Census Bureau on Monday released 2019 population estimates that showed Florida continues to be one of the fastest-growing states in the country. Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. 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. > Vt. population: 623,657 (Latvia: 1.9 million) > La. - GDP higher than: 194 of 212 countries > Country w/ similar GDP: Lebanon ($43.2 billion) - GDP higher than: 174 of 212 countries You can compare any other two counties if you know their FIPS codes. 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. 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. > Ariz. GDP per capita: $42,353 (Israel: $34,135). Tallahassee. Per capita GDP by country was calculated by the World Bank and is current as of 2017. On a per capita basis, Singapore is wealthier than Tennessee. We have a choice in this fight. ALLEN: No, Florida never went to another lockdown. - GDP equal to: Nigeria ($397.3 billion) plus Albania ($15.1 billion). In Sri Lanka, government debt accounts for about 79% of its GDP. > Ala. GDP per capita: $39,523 (Kazakhstan: $10,868). Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. > GDP: $292.3 billion Author has 10.3K answers and 13M answer views 1 y. Italy has an area of 301,340 km2 (116,350 sq mi) while Florida has an area of 170,312 km2 (65,757.70 [6] sq mi). - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). 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.

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