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- 2018 state GDP: $366.8 billion 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. Alaska is equal to 7.05 UKs. 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. 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. Like West Virginia, Oman is also resource rich. This has now been amended. - GDP higher than: 157 of 212 countries Texas Florida ranks No. We will place both states on top of each other on the same map in order to show you their relative size. > Country w/ similar GDP: Uzbekistan ($65.8 billion) 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. Mississippi People arent just getting the virus, they are dying from it. The population of Florida is 21,781,128, an increase of 1.1% from 2020. You may also like: Best commute in every state, - 2018 state GDP: $100.3 billion China and India have clearly made great leaps forward in both absolute and relative terms. > Country w/ similar GDP: Slovak Republic ($108.2 billion) Iowa is in the rare situation of low unemployment and not enough wage growth. British Indian Ocean Territory. > Ill. GDP per capita: $58,217 (Saudi Arabia: $20,771). 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. New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. > Country w/ similar GDP: Israel ($297.4 billion) Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. - GDP equal to: Nigeria ($397.3 billion) plus Albania ($15.1 billion). - 2018 state GDP: $257.3 billion All index components used to create this ranking were included at equal weight. Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. In Tuvalu, fishing and coconut meat are two notable parts of its small economy. > Alaska population: 739,795 (Guatemala: 16.9 million) - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). Vermont Oregon Offering more than just Ben & Jerrys, Vermont is a state becoming recognized for its tech industry growth. 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. Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. 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. Subscribe to our free Stephinitely newsletter. In Mauritania, the economy is focused on agriculture and raising livestock. mi. Chile derives much of its wealth from natural resources, primarily copper. 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. Argentinas economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat. - GDP higher than: 189 of 212 countries Mercator's map inadvertently also pumps up the sizes of Europe and North America. Stacker believes in making the worlds data more accessible through North Dakotas economy is roughly the size of the entire African nation of Ghana. > Country w/ similar GDP: Romania ($216.3 billion) In doing so, youre agreeing to the below guidelines. GDP per capita: $66,776 (Cte dIvoire: $1,626). - GDP equal to: Pakistan ($314.6 billion) plus Sierra Leone ($4.1 billion). > Kan. population: 2.9 million (Hungary: 9.8 million) > Tenn. GDP per capita: $46,925 (Singapore: $55,236). - GDP equal to: Argentina ($519.9 billion) plus Monaco ($7.2 billion). Russias economy depends on gas, though not as much as many other nations on this list. > Va. GDP per capita: $54,730 (Nigeria: $2,412). 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. Brit. Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. > Vt. population: 623,657 (Latvia: 1.9 million) > Mo. - 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. 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. > Ind. > GDP: $275.6 billion Pennsylvania, particularly in its southwest counties, is a major producer of coal. The United States is a vast country with a large amount of land. > Country w/ similar GDP: Portugal ($238.0 billion) Its GDP per capita is less than one-third that of Utah. All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. 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. If youre an investor looking to minimize expenses, consider checking out online brokerages. Utah A bustling medical industry and retail giants like Target are the backbone of Minnesotas GDP. 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. Myanmar has been racked by political instability and atrocities in recent years. Lets look at the U.S. versus the countries with the next dozen largest economies. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. New Hampshire is another state where civilian aircraft, engines, and parts are prime exports. 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. Uzbekistan gained independence after the collapse of the Soviet Union in 1991, but it still has a state-controlled economy. Rhode Island has a total area of 3,144 km 2, including 438 km 2 of water. 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. > Mo. Answer (1 of 13): The US has a bigger economy, population and land area compared to Italy. - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. > Ala. population: 4.9 million (Kazakhstan: 18.0 million) - GDP higher than: 163 of 212 countries The countrys economy has struggled since leader Muammar Gaddafi was deposed in 2011, leading to a power vacuum that has caused the country to fracture politically. 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. population: 961,939 (Croatia: 4.1 million) | Column. - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). > N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911). And Japan, among other countries, has been much more accepting of wearing masks and social-distancing in public spaces. There are over 1.6 million people in the Jacksonville area. 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. Kentuckys population of 4.5 million is also closely aligned with New Zealands 4.8 million residents. 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. 2. Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. Florida is about 70 times smaller than United States. With the delta variant spreading, its a good time to make some COVID comparisons. > Tenn. population: 6.7 million (Singapore: 5.6 million) Florida is not the cheapest state to live in, but it's not the most expensive either. > GDP: $114.0 billion It's bigger than Japan (377,900km 2. - GDP higher than: 179 of 212 countries > S.D. California is equal to 1.74 UKs. While it may be temporary as other world economies are continuing to rebound from the global pandemic, Florida has moved up two slots from 17th to 15th largest global economy if Florida were a country. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. This page lists the total size (land plus water) and the land area for the 50 US states. The U.S. is still ahead in a race no one wants to win. New Jersey Gross domestic product, or GDP, is the total value of goods and services a state or country produces over a given period. A great tool for educators. You may also like: States where you are most likely to hit a deer, - 2018 state GDP: $221.7 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. population: 6.1 million (Chile: 18.1 million) > N.H. GDP per capita: $55,413 (Oman: $16,144). - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). Particularly interesting to note is the fact that California has 6 million fewer workers than France, yet produced a little . GDP per capita: $66,419 (Croatia: $15,322). - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). The majority of U.S. states are smaller in both population and landmass than the country with the closest GDP. Delawares economy is advanced, with the finance, insurance, and real estate sector accounting for a far higher than average 10.3% of total employment. Compare your state to Alaska. - GDP higher than: 192 of 212 countries > Wyo. 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. Florida attained statehood in 1845, yet not until a pair of railroad barons built lines down the Atlantic and Gulf coasts in the late 1800s and early 1900s . The auto industry has been a beacon of Michigans economy for almost a century. > N.D. GDP per capita: $67,244 (Ghana: $1,756). The countrys wealth is partially due to the discovery of oil offshore in the 1960s. - 2018 state GDP: $54.7 billion Its total area is 65,758 square miles. Benins new free market economy is showing signs of growth, with cotton as an anchor. And, of course, more unvaccinated people getting the jab would help, too. Alaska is bigger than most people realize. Barring congressional changes, money will deplete by 2034, Young runners outpace the Gasparilla Distance Classic 8K field, Bucs raise ticket prices by 7.5 percent on new season-pass members, Groups gather in St. Petersburg park to shed light on local violence, Science magazine recently called Israels rising death, nations most closely watched forecasting model, Robert Kennedys killer should not go free. State size comparison. > GDP: $510.8 billion Delaware 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. - 2018 state GDP: $318.9 billion > GDP: $490.2 billion Source: Ken and Nyetta / Wikimedia Commons, Source: Anson Fernandez Dionisio / Getty Images, Source: Mostafameraji / Wikimedia Commons, Source: Public Domain / Wikimedia Commons, ALSO READ: Most Dangerous Countries for Women, ALSO READ: 25 Companies With Over 40 Consecutive Years of Dividend Hikes, ALSO READ: Least Fashionable Cities in America, ALSO READ: Largest Industry in Each State, ALSO READ: Towns in Every State Where You May Not Get to the Hospital in Time. A coup threw Zimbabwes economy into uncertainty, but mining has always been a staple. > Minn. population: 5.6 million (Singapore: 5.6 million) But expanding your horizons may add additional costs. - 2018 state GDP: $64.9 billion - GDP higher than: 114 of 212 countries Fri, Jul 15, 2016 at 2:53 pm, Video shows Florida alligator easily blasting through a metal fence, Central Florida Fair is back in Orlando for a 111th year. But China is now more than twice as big as the two largest U.S. states together. Costa Rica sends out tons of precision instruments and prepared foods. > Del. population: 1.9 million (Slovak Republic: 5.4 million) Meanwhile, Ecuadors economy depends heavily on petroleum exports and suffered in recent years from falling oil prices. You may also like: The most conservative public colleges in America, - 2018 state GDP: $93.8 billion Four of America's states (California, Texas, New York and Florida . Though Nebraska has a much smaller population than the Slovak Republic, its landmass is more than four times that of the European nation. Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. Floridas $883.1 billion GDP is the fourth largest of all states and is relatively close to Netherlands GDP of $918.3 billion. > Country w/ similar GDP: Norway ($481.8 billion) > Country w/ similar GDP: Kuwait ($138.8 billion) - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). Thus, the small size and large population makes New Jersey the most densely populated . > Country w/ similar GDP: Australia ($1.4 trillion) 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. Partially as a result, the states economy contracted by 2.1% from the end of 2019 through the end of 2020. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. If Florida were a country, where would it rank in fighting COVID? Tobacco, the auto industry, and aircraft industry make up some staples of Ohios GDP figures. And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. > Idaho population: 1.7 million (Uzbekistan: 32.4 million) One of the nations leading coal producers, West Virginias economy is heavily based on resource extraction. > N.H. population: 1.3 million (Oman: 4.6 million) ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . Rhode Island is the smallest state in the United States. > GDP: $2.6 trillion - 2018 state GDP: $60.6 billion > Okla. population: 3.9 million (Kazakhstan: 18.0 million) 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. 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. > Country w/ similar GDP: Azerbaijan ($57.3 billion) Scroll to read more Arts Stories + Interviews articles. Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. Is Greenland really as big as all of Africa? Australia is the planet's sixth largest country after Russia, Canada, China, the USA, and Brazil. Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. > Colo. population: 5.6 million (Singapore: 5.6 million) 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 higher than: 148 of 212 countries Like Colorado, Indiana, and Tennessee, Minnesotas economy is similar in size to that of Singapore $322.4 billion compared to $310.0 billion, respectively. - 2018 state GDP: $50.3 billion