Everyone knows that the top two economies in the world are China and the U.S., and the U.S. is first by a decent margin and has been top for around a century now. 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. Florida overtook Indonesia and Mexicos economies during the past year. Though the population of Hungary is more than triple the population of Utah, the European country covers a land mass less than half the size of Utah. - GDP equal to: Iraq ($224.2 billion) plus Haiti ($9.7 billion). To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. Florida Rankings and Facts | US News Best States North Dakotas economy is roughly the size of the entire African nation of Ghana. But ultimately, you have to live with that decision. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. > Ky. GDP per capita: $41,463 (New Zealand: $37,853). Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. However, because Norway is home to about 1.6 million fewer people than Massachusetts, its GDP per capita is even higher, at $91,219. - 2018 state GDP: $239.8 billion With a population of 21.5 million according to the 2020 census, Florida is the most populous state in the Southeastern United States, and the second-most populous state in the South behind Texas. > Country w/ similar GDP: Singapore ($310.0 billion) You may also like: Best community college in every state, - 2018 state GDP: $52billion Iraq specializes in oil. Iowa - 2018 state GDP: $77.1 billion - GDP higher than: 148 of 212 countries > Country w/ similar GDP: Nigeria ($460.5 billion) New Jersey has a similar economic output to Iran, even though the Middle Eastern country has about nine times as many residents and 72 times as much land. South Dakota Letsgetstarted. > Ga. GDP per capita: $48,979 (Belgium: $46,079). But the land itself is huge. population: 3.0 million (Angola: 29.8 million) Gross domestic product, or GDP, is the total value of goods and services a state or country produces over a given period. > Hawaii population: 1.4 million (Myanmar: 53.4 million) > Ark. 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. What about over the last month, ending Wednesday? Florida coronavirus: 1 state has more Covid-19 cases than most - CNN Croatia is home to four times as many people as Delaware and its landmass is nearly nine times the size of the state. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. - GDP equal to: Costa Rica ($60.1 billion) plus Tonga ($0.5 billion). 2020 South Carolina Presidential Poll. Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. Texas and Brazil. - 2018 state GDP: $208.1 billion Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. > GDP: $100.1 billion > GDP: $700.8 billion - GDP equal to: Bangladesh ($274billion) plus San Marino ($1.6 billion). 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. - GDP higher than: 136 of 212 countries Still, there are four states with GDPs over $1 trillion. - GDP higher than: 111 of 212 countries > Country w/ similar GDP: Saudi Arabia ($684.2 billion) Texas would be able to fit much of Florida's peculiar form inside the state outline if it was kind enough to let bits of Georgia, South Carolina and Alabama in for whatever reason. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. On a per capita basis, Singapore is wealthier than Tennessee. - GDP higher than: 135 of 212 countries > GDP: $169.2 billion > Country w/ similar GDP: Libya ($46.6 billion) - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). But what if Florida were a country? GDP per capita: $66,419 (Croatia: $15,322). > Pa. GDP per capita: $54,725 (Saudi Arabia: $20,771). A financial advisor can help you understand the advantages and disadvantages of investment properties. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. Technology has made our lives easier in many ways. We have a choice in this fight. Florida | Map, Population, History, & Facts | Britannica Tobacco is also an anchor of Sri Lanka's economy, along with oil and tea. The nation's most closely watched forecasting model . Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. Apr 30, 2018. population: 869,666 (Libya: 6.4 million) > GDP: $184.7 billion Kansas is a major producer of civilian aircraft, engines, and parts. How big is Italy compared to Florida? - Quora One of the tiger economies of Asia, Singapore underwent an economic boom in the 1980s and 1990s. For almost two centuries, cotton has been essential to Oklahomas economy. The state and the country have the tools to fight the delta variant. Stacker distribution partners receive a license to all Stacker stories, Florida Population 2023. All of the COVID death rates are measured up to Wednesday, Aug. 31. - 2018 state GDP: $565.8 billion Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. Geographic location has been the key factor in Florida's long and colourful development, and it helps explain . It is interesting to compare land area, total population and GDP. Why is it so cheap to live in Florida? - 2023 > Country w/ similar GDP: Latvia ($30.2 billion) - GDP higher than: 191 of 212 countries Is Greenland really as big as all of Africa? Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. 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. > Country w/ similar GDP: Poland ($600.9 billion) Georgia 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 equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). - 2018 state GDP: $318.9 billion For one, not every country reports COVID numbers the same way. 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. The New Ground Zero: East Palestine Workers Reporting 'Migraines And > Country w/ similar GDP: Slovak Republic ($108.2 billion) 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. - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion). > GDP: $1.4 trillion South Dakota has become a king in the soybean industry. Today, it is one of the most open and developed economies in the world. South Carolina Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. Of the countrys $60.8 billion in exports, 95% are crude petroleum. The auto industry has been a beacon of Michigans economy for almost a century. 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). 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. - GDP equal to: Cuba ($100billion) plus Marshall Islands ($0.2 billion). How did they do it? > S.C. population: 5.0 million (Algeria: 41.3 million) > Country w/ similar GDP: Netherlands ($918.3 billion) Zillow offers "Zestimates" on . Maines economy generated $55.6 billion in 2017, roughly the same as Azerbaijan, a country with a population more than seven times that of the northern New England state. - GDP higher than: 179 of 212 countries > Ind. - GDP higher than: 189 of 212 countries 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. - GDP higher than: 182 of 212 countries Arizonas $297.2 billion economy is about the size of Israels economy. Scroll to read more Arts Stories + Interviews articles. ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. Africa Is Way Bigger Than You Think An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. > GDP: $199.3 billion 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. Instead, the state has some of the largest shares of workers employed in the information and finance industries. Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). It closely matches the GDP of Australia. Ranking all 50 states by size in square miles including overall area, land area, and water area. 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. US State GDPs Compared to Entire Countries | Mark J. Perry Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. Michigan has a $458.8 billion GDP, roughly in line with the economic output of the South American nation of Argentina. > Ark. 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. > Country w/ similar GDP: Ecuador ($87.4 billion) Massachusetts 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 . - 2018 state GDP: $336.3 billion As a result, Singapore is more productive on a per capita basis. You may also like: Best places to retire in every state, - 2018 state GDP: $532.9 billion However, it also shares borders with Israel and Syria and has been involved in armed conflicts. > Mich. GDP per capita: $46,055 (Argentina: $10,397). 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. > Md. Do Politicians Understand Your Business? 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. 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. The nations most closely watched forecasting model predicted 98,000 more COVID deaths in the United States by Dec. 1, which would bring the countrys somber tally to 730,000. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . GDP in Texas was slightly higher than Brazil's GDP last year of $1.85 trillion. - GDP higher than: 158 of 212 countries Despite a larger population, Hungary and Kansas have similarly sized economies, at $153.1 billion and $148.5 billion, respectively. 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. The countrys economy centers around manufacturing, with more than a quarter of exports in 2017 in vehicles or vehicle parts. 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. One key contributor to Georgias economy is a growing film industry. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. To that end, most Stacker stories are freely available to List of US States By Size, In Square Miles - 1Keydata The Netherlands is one of the largest economies in the European Union. Florida's economy grows to 15th largest in the world, up from 17th 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. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. Pennsylvania Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. Key Facts. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. > Minn. GDP per capita: $57,809 (Singapore: $55,236). Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. Some are diligent. > GDP: $114.0 billion Factors like the European Union instability, Brexit, and protests in Hong Kong are hampering markets around the world. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports.
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