- GDP higher than: 127 of 212 countries You may also like: The most conservative public colleges in America, - 2018 state GDP: $93.8 billion > Ohio population: 11.7 million (Poland: 38.0 million) For one, not every country reports COVID numbers the same way. California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. Squash, vanilla beans, and yams are plentiful in Tonga. Ontario is big. > Ark. - GDP higher than: 141 of 212 countries South Carolina British Virgin Islands. Lets choose wisely. 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 total area of the countryincluding islands like the Azores and Madeira Islandis 92,345 square kilometers (35,655 square miles), slightly smaller than Indiana. ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . - 2018 state GDP: $73.5 billion - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). Indiana, however, is also many times the size of Singapore and home to over a million more people. 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. - GDP higher than: 114 of 212 countries > Tenn. GDP per capita: $46,925 (Singapore: $55,236). However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. Washington, particularly Seattle, has developed into a tech hub and is home to companies like Amazon and Microsoft. The United States has struggled to contain COVID-19, despite a comparatively well-financed health care system and early access to the vaccine. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. Florida was the 27th state to be admitted to the Union in 1845. - GDP higher than: 157 of 212 countries We jest kind of. > GDP: $238.9 billion 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 equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). Florida has approximately 9.88% the land area of Alaska. The members of the Editorial Board are Editor of Editorials Graham Brink, Sherri Day, Sebastian Dortch, John Hill, Jim Verhulst and Chairman and CEO Paul Tash. 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. 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. > R.I. GDP per capita: $50,446 (Slovenia: $25,662). Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. Myanmar is trying to spur economic growth through reforms that attract foreign investment. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. > Country w/ similar GDP: Kazakhstan ($196.0 billion) > N.D. population: 755,393 (Ghana: 28.8 million) 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. > R.I. population: 1.1 million (Slovenia: 2.1 million) - GDP equal to: Hungary ($157.9 billion) plus Benin ($10.4 billion). > Del. > Okla. population: 3.9 million (Kazakhstan: 18.0 million) - GDP higher than: 172 of 212 countries Popular Political Data. The auto industry has been a beacon of Michigans economy for almost a century. Apr 30, 2018. The unemployment rate in Portugal is estimated at 7.3%, well above Connecticuts 2018 jobless rate of 4.1%. population: 579,315 (Cte dIvoire: 24.3 million) Thanks to the booming tech industry in Huntsville and surrounding areas, Alabamas GDP received a boost of $22 billion. > Country w/ similar GDP: Oman ($74.8 billion) At 268,597 square miles, Texas has about 171,902,808 acres of land. 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). People arent just getting the virus, they are dying from it. Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. If youre ready to find an advisor who can help you achieve your financial goals, get started now. Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. 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. > Mich. population: 10.0 million (Argentina: 44.3 million) In Mauritania, the economy is focused on agriculture and raising livestock. The U.S. states that are bigger than Britain include Alaska, Texas, Oregon, Montana and New Mexico. Virgin Isl. California has the countrys highest GDP. New Mexicos GDP is becoming heavily influenced by the tech industry. Oil has pumped billions into North Dakotas GDP numbers over the past decade. Despite a larger population, Hungary and Kansas have similarly sized economies, at $153.1 billion and $148.5 billion, respectively. To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. 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. > Mont. > GDP: $322.4 billion However, it also shares borders with Israel and Syria and has been involved in armed conflicts. Alaska, which is the largest state, has among the lowest state populations in the country. Corn, soy, and wheat join apples are Washington GDP heavyweights. > Nev. population: 3.0 million (Kuwait: 4.1 million) > Country w/ similar GDP: Angola ($101.7 billion) > Wis. population: 5.8 million (Israel: 8.7 million) > GDP: $700.8 billion - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. Israels top export is diamonds, worth over $10 billion in 2017. A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. population: 3.0 million (Morocco: 35.7 million) Indianas $321.1 billion economy is only slightly larger than Singapores $310.0 billion economy. Italy is 294k sq km the US is 31 times bigger - 9,160k sq km. 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 equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). For example, Californias $2.6 trillion economy is larger than all but half a dozen countries worldwide. > Country w/ similar GDP: Slovenia ($53.0 billion) - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). 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. as well as image rights, data visualizations, forward planning tools, Massachusetts has a $490.2 billion economy, about the same size as Norways. However, those stats may not give you a great idea of how Florida's girth actually compares to different countries, since size is often better understood visually. 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. - GDP higher than: 182 of 212 countries > GDP: $44.4 billion Virginia > Ala. GDP per capita: $39,523 (Kazakhstan: $10,868). > GDP: $70.6 billion Compared to the United States it is tiny. How did they do it? But it doesnt have to be that way. - 2018 state GDP: $178.1 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. Chile derives much of its wealth from natural resources, primarily copper. The picture gets worse for Florida when looking at just the last month. On this page. Many states are as large as entire countries. Floridas economy is heavily dependent on tourism one of the sectors hit hardest by the pandemic. But what if Florida were a country? 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. 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 higher than: 147 of 212 countries Utah The largest exporter of cocoa beans in the world, Ivory Coast has a relatively well-developed economy and is wealthier than most countries in the region. Texas and Brazil. Florida has more Covid-19 cases than most countries If Florida were a country, it . North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. 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. In Algeria, oil, gas, and inorganic chemicals stabilize the economy. > GDP: $463.6 billion | Column. > GDP: $546.5 billion Investing in real estate can diversify your portfolio. - 2018 state GDP: $233.9 billion Kansas is a major producer of civilian aircraft, engines, and parts. - GDP higher than: 174 of 212 countries 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. While much of that money went to hotels and recreation, other sectors of the Florida economy get a . The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. 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. > Country w/ similar GDP: Norway ($481.8 billion) 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. Each states GDP is as of 2017 and is chained to 2012 dollars and came from the Bureau of Economic Analysis. The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. > Country w/ similar GDP: Belgium ($524.0 billion) - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). Argentinas economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat. - GDP higher than: 191 of 212 countries > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) One key contributor to Georgias economy is a growing film industry. Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. > GDP: $363.0 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. > Country w/ similar GDP: Nigeria ($460.5 billion) Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. > N.C. GDP per capita: $47,142 (Norway: $91,219). Editorials are the institutional voice of the Tampa Bay Times. > Country w/ similar GDP: Guatemala ($52.8 billion) Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. > GDP: $275.6 billion - 2018 state GDP: $336.3 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. > GDP: $510.8 billion 2022 California US Senate. - GDP equal to: Colombia ($331billion) plus Mali ($17.2 billion). 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. questions about the economy? > Ill. GDP per capita: $58,217 (Saudi Arabia: $20,771). To help sift out China and Indias underreporting, we excluded those two countries from a third group included on the charts below. > N.M. population: 2.1 million (Ecuador: 16.6 million) Alabama Cotton and whisky are two notable industries in Tennessee. > GDP: $458.8 billion 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. Key Facts. If youre ready to find an advisor who can help you achieve your financial goals, get started now. More recent data out of the US suggests that gun ownership . > Country w/ similar GDP: Algeria ($199.2 billion) 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. Within the United States, it contains the highest percentage of people over 65 (17.3%), and the 8th fewest people under 18 (21.9%). > GDP: $590.7 billion State size comparison. British Indian Ocean Territory. > Country w/ similar GDP: Kuwait ($138.8 billion) Manufacturing, and finance and insurance are two pillars of Illinois GDP. This page lists the total size (land plus water) and the land area for the 50 US states. The relatively young country on the western shore of the Mediterranean Sea also exports billions of dollars worth of chemical products like medicine, pesticides, and fertilizer. Yikes! This has now been amended. > Wyo. 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. > GDP: $45.4 billion On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. - GDP higher than: 191 of 212 countries - GDP higher than: 159 of 212 countries - GDP higher than: 169 of 212 countries Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . - GDP higher than: 160 of 212 countries > GDP: $79.5 billion > Alaska population: 739,795 (Guatemala: 16.9 million) population: 6.1 million (Malaysia: 31.6 million) - GDP higher than: 111 of 212 countries Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. 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. 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 per capita: $48,377 (Romania: $11,045). - GDP higher than: 153 of 212 countries GDP per capita: $71,456 (Norway: $91,219). 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. 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. Nebraska Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. Among the specialized products South Carolina creates are gear boxes for motor vehicles. GDP per capita: $33,558 (Angola: $3,414). Aluminum is one of Cameroons main industries, while Sao Tome and Principe is known for its cocoa bean industry. > Country w/ similar GDP: Russian Federation ($1.7 trillion) 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. It is interesting to compare land area, total population and GDP. $ 29,758. Compare your state to Alaska. - GDP equal to: Nigeria ($397.3 billion) plus Albania ($15.1 billion). > N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911). about 0.3 times the size of Washington, DC. - 2018 state GDP: $366.8 billion 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. Montana - 2018 state GDP: $64.9 billion How that at 261,231 square miles of land, Texas would be the 39th-largest country by land area in the world, coming in just behind Zambia and ahead of Myanmar. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Consequently, the landscape varies greatly . The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. 2022 Florida Gubernatorial. > GDP: $52.3 billion Formed in 1961, OECD sets international standards on a wide range of topics, including education spending. Visually speaking, Canada and Russia appear to take up approximately 25% of the Earth's surface, when in reality they occupy a mere 5%. Surprisingly, this state tops Middle East power Saudi Arabia in GDP, and Guatemala, whose top exports include fruit, nuts, and sugar. - GDP higher than: 135 of 212 countries - 2018 state GDP: $622billion Washington Kansas > Country w/ similar GDP: Iraq ($208.6 billion) > Country w/ similar GDP: Slovak Republic ($108.2 billion) Florida overtook Indonesia and Mexico's economies during the past year. Georgia 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. Mining has always been a rock for Wyomings GDP, but a decline in coal production might force the state to look to more modern industries to maintain its economy. Tennessee Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. - 2018 state GDP: $3trillion And, of course, more unvaccinated people getting the jab would help, too. Its GDP compares favourably to that of France, which produced $2.42 trillion during the same period. Thus, the small size and large population makes New Jersey the most densely populated . Largely through its chemical, petroleum refining, and highly mechanized agriculture sectors, the country bordered by Belgium, Germany, and the North Sea regularly maintains a trade surplus, exporting more than it is importing. Per capita GDP by country was calculated by the World Bank and is current as of 2017. New Hampshire is another state where civilian aircraft, engines, and parts are prime exports. 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. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. > GDP: $323.3 billion In other words, Alaska is approximately 10.12 times larger than Florida. > Country w/ similar GDP: Romania ($216.3 billion) With the delta variant spreading, its a good time to make some COVID comparisons. > GDP: $1.6 trillion You can compare any other two counties if you know their FIPS codes. > N.D. GDP per capita: $67,244 (Ghana: $1,756). Alaska is near the bottom at no. Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. Per capita GDP by state came from the BEA and is also for 2017. It's so vast that you'd need well over a month to properly explore it all. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion).