> S.C. population: 5.0 million (Algeria: 41.3 million) Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Yes, Idahos economy is boosted by potatoes, but just as important is milk. If youre ready to find an advisor who can help you achieve your financial goals, get started now. 2022 California US Senate. 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. The Netherlands is one of the largest economies in the European Union. population: 869,666 (Libya: 6.4 million) The monthly payments for the $200,000 mortgage includes . - GDP higher than: 189 of 212 countries - 2018 state GDP: $50.3 billion as well as image rights, data visualizations, forward planning tools, > La. > Md. Home of the American auto industry, Michigan has a strong manufacturing sector that employs nearly one in every five workers in the state, a larger share than in any other state. - GDP higher than: 191 of 212 countries New York Floridas growing economy is on the right path forward as the Florida Chamber Foundation, through its. - GDP higher than: 177 of 212 countries On this page. - GDP higher than: 189 of 212 countries - 2018 state GDP: $336.3 billion North Dakotas economy is roughly the size of the entire African nation of Ghana. Lets choose wisely. GDP per capita: $48,170 (Singapore: $55,236). - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). Outline Map. - GDP higher than: 196 of 212 countries land area is about 0.3 times the size of Washington, DC. What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. Per capita GDP by state came from the BEA and is also for 2017. Today, Norway is the seventh largest oil exporter in the world. Ohio. - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). > GDP: $53.5 billion - 2018 state GDP: $348.3 billion > Country w/ similar GDP: Cote dIvoire ($39.5 billion) Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. > Country w/ similar GDP: Hungary ($153.1 billion) One of the tiger economies of Asia, Singapore underwent an economic boom in the 1980s and 1990s. > Minn. population: 5.6 million (Singapore: 5.6 million) Egypts economy is hard to gauge due to political factors, but oils and textiles have traditionally buttressed the country. Though Algerias population is more than eight times the size of South Carolinas population, and the country has a landmass that is over 28 times the size of the state, the two geographic areas have nearly the exact same GDP. Subscribe now to get the latest news delivered right to your inbox. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. - 2018 state GDP: $527.1 billion on Uzbekistan gained independence after the collapse of the Soviet Union in 1991, but it still has a state-controlled economy. But ultimately, you have to live with that decision. While Florida is only slightly bigger than average when it comes to area, it has one of the largest populations of any state. Drag and drop countries around the map to compare their relative size. Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. > R.I. population: 1.1 million (Slovenia: 2.1 million) 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. 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. It is interesting to compare land area, total population and GDP. Ten Smallest States Map of the 10 smallest US states by size. Cotton and whisky are two notable industries in Tennessee. Wyomings economy is also largely resource based. Kentucky 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. We also combined the rest of the worlds five largest economies China, Japan, India, Brazil and Canada. Popular Political Data. > Maine population: 1.3 million (Azerbaijan: 9.9 million) The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. - GDP higher than: 160 of 212 countries 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. > GDP: $238.9 billion Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. Nearly 16% of the states labor force is employed in the professional, scientific, and management sector, the largest share of any state. 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. > Del. > Country w/ similar GDP: Nigeria ($460.5 billion) Today, it is one of the most open and developed economies in the world. Select two states below to get started. Kentucky has a diverse economy, notable for whiskies, horse breeding, and a relatively new industry of antisera. State size comparison. - 2018 state GDP: $1.8 trillion A coastal country, Chile also exports seafood and wine. Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. > Mont. > Country w/ similar GDP: Angola ($101.7 billion) Hungary is home to 9.8 million people, more than triple the population of Kansas. There are a few guidelines and It's as wide as the lower states and larger than Texas, California, and Montana combined. > Country w/ similar GDP: Libya ($46.6 billion) > Ky. GDP per capita: $41,463 (New Zealand: $37,853). New Hampshire Kuwait has a relatively open political system for the region, and it has more proved oil reserves than all but a handful of other countries worldwide. New Mexico has a GDP of $91.0 billion, in line with the GDP of the South American nation of Ecuador. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. Myanmar has been racked by political instability and atrocities in recent years. > Mass. To that end, Stacker compiled a list comparing every states GDP to countries around the world. This page lists the total size (land plus water) and the land area for the 50 US states. > Fla. population: 21.0 million (Netherlands: 17.1 million) Chile derives much of its wealth from natural resources, primarily copper. Time to flee to New Zealand? The presence of Chinese firms have long boosted Hong Kongs GDP, but the current unrest there makes the future of the economy uncertain. > Nev. population: 3.0 million (Kuwait: 4.1 million) > Country w/ similar GDP: Kazakhstan ($196.0 billion) > La. Both economies are largely focused on manufacturing more than 40% of Polands exports are manufactured goods like cars and computers. > N.D. population: 755,393 (Ghana: 28.8 million) - 2018 state GDP: $60.6 billion Africa is bigger than China, India, the contiguous U.S. and most of Europecombined! Formed in 1961, OECD sets international standards on a wide range of topics, including education spending. 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. West Virginias 2017 GDP of $70.6 billion is nearly in line with that of Oman, a Middle Eastern country with a $74.8 billion economy. In contrast, gases, oils, and fertilizers make up a strong portion of Qatars GDP. Texas Iraq specializes in oil. Alaska, which is the largest state, has among the lowest state populations in the country. You may also like: Best jobs that don't require a college degree, - 2018 state GDP: $202.6 billion You may also like: Best commute in every state, - 2018 state GDP: $100.3 billion We could also say that Florida has an area 57% the size of Italy. Oregon Germany, Europe's biggest economy, has a GDP roughly the same as 12 of the eastern states, at $3.35 trillion in 2015. Portugal's Atlantic coastline is 837 kilometers long, about 520 miles. But the delta variant has still infiltrated those defenses. Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. Ontario is big. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. Economic development, however, is hindered by political and social instability. In doing so, youre agreeing to the below guidelines. That makes Italy 1.77 times as large as Florida. In Somalia, livestock and telecommunications provide some economic help. 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. Some are diligent. Apr 30, 2018. > Miss. Latvia, meanwhile is all about processingfoods, metals, and woodas part of its trade strategy. North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. population: 961,939 (Croatia: 4.1 million) But how do the countrys COVID numbers measure up to the rest of the world, and what might we learn from the comparison? > Mo. > Country w/ similar GDP: Norway ($481.8 billion) - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). Key Facts. Aluminum is one of Cameroons main industries, while Sao Tome and Principe is known for its cocoa bean industry. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. population: 6.1 million (Chile: 18.1 million) > GDP: $275.6 billion Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. Mining, particularly in gold, is a big industry in Utah. - GDP higher than: 195 of 212 countries > N.H. population: 1.3 million (Oman: 4.6 million) - GDP equal to: Cuba ($100billion) plus Marshall Islands ($0.2 billion). South Dakota has become a king in the soybean industry. about 0.3 times the size of Washington, DC. Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. > Okla. GDP per capita: $48,569 (Kazakhstan: $10,868). As Monaco doesnt have an income tax, the country is known as a tax haven. Kansas Its GDP per capita is less than one-third that of Utah. > N.Y. GDP per capita: $71,252 (Australia: $55,926). > Country w/ similar GDP: Oman ($74.8 billion) - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). 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. population: 3.0 million (Morocco: 35.7 million) 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. Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. 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. 4. - 2018 state GDP: $56.1 billion Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. It closely matches the GDP of Australia. Nebraskas bread and butter is in meat, corn, and soybeans. This isnt a theoretical analysis, nor are we looking at something that happened years ago. But expanding your horizons may add additional costs. 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. - GDP higher than: 182 of 212 countries > S.D. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). Norway recently developed into a major exporter of petroleum after discovering offshore reserves. 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. Ores, precious stones, and metals are important to South Africas GDP. Singapores economy is highly developed and relies heavily on exports of computer components. People arent just getting the virus, they are dying from it. > Del. - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Compared to Smallest State This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. 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. > Alaska GDP per capita: $70,683 (Guatemala: $3,124). SmartAssets free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. - 2018 state GDP: $565.8 billion > N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911). - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). - GDP higher than: 192 of 212 countries A relatively high 18.5% of Florida's area is covered by water. > Country w/ similar GDP: Ghana ($50.6 billion) > Country w/ similar GDP: Algeria ($199.2 billion) With the delta variant spreading, its a good time to make some COVID comparisons. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. U.S. military money and agriculture sustain the small economy of the Marshall Islands. > Country w/ similar GDP: Russian Federation ($1.7 trillion) distribution partner, email us at > Vt. population: 623,657 (Latvia: 1.9 million) North Carolina has long been considered by many the furniture capital of the world. In line with always being known for its apples, Washington is creating new super apples to keep the market strong. > Ill. GDP per capita: $58,217 (Saudi Arabia: $20,771). > Country w/ similar GDP: Slovak Republic ($108.2 billion) The United States gained its economic-superpower status through consumer spending and highly developed industries that are backed by advanced technology and vast natural resources. Its not over, and is likely not even close to being over. > GDP: $184.7 billion Florida overtook Indonesia and Mexico's economies during the past year. 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. GDP per capita: $33,558 (Angola: $3,414). Every day you run your business and every day politicians and bureaucrats in Tallahassee make decisions that impact it. U.S. national defense spending is the heart and soul of Guams economy. New Mexico A financial advisor can help you understand the advantages and disadvantages of investment properties. Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. - 2018 state GDP: $169.3 billion As a result, the per capita GDP of Saudi Arabia is significantly smaller than Pennsylvanias. Bridgette Norris Yes, cheese is a major contributor to Wisconsins GDP, but a recent surplus due to lack of milk consumption by consumers has created concern. Today, India's economy is 2.4 times larger than the Sunshine State. - 2018 state GDP: $33.3 billion > GDP: $700.8 billion > Conn. GDP per capita: $66,592 (Portugal: $23,117). > Iowa GDP per capita: $53,798 (Qatar: $65,694). The countrys wealth is partially due to the discovery of oil offshore in the 1960s. Singapore has a highly developed economy and is a global financial hub. - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). You may also like: States where you are most likely to hit a deer, - 2018 state GDP: $221.7 billion Florida has approximately 9.88% the land area of Alaska. Thus, the small size and large population makes New Jersey the most densely populated . > Wyo. - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). 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. $ 29,758. > GDP: $45.4 billion 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. On a per capita basis, Singapore is wealthier than Tennessee. > Idaho GDP per capita: $39,032 (Uzbekistan: $2,031). > Country w/ similar GDP: Portugal ($238.0 billion) Despite having almost 57 million less residents, Delawares mighty economy trumps that of Myanmar and the Central African Republic. 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 . 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. > Calif. GDP per capita: $65,160 (India: $1,965). 46. Tennessee is 154 times larger than the island nation of Singapore and is home to 1.1 million more people. 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. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. 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. For one, not every country reports COVID numbers the same way. - 2018 state GDP: $77.4 billion In other words, Alaska is approximately 10.12 times larger than Florida. | Column. The majority of U.S. states are smaller in both population and landmass than the country with the closest GDP. 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. restrictions, which you can review below. Florida has approximately 9.88% the land area of Alaska. - 2018 state GDP: $368.9 billion 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. Same goes for comparing the last month to last week, which wasnt very good for Florida either. Florida is an outlier on this list in that its GDP per capita of $42,085 falls below the GDP per capita of the country with most similarly sized economy $53,598 in the Netherlands. - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). Letsgetstarted. Vermont share our stories with your audience. Professional, scientific, and technical services boost Marylands GDP, but liquified natural gas is a new economic stimulator. - GDP higher than: 153 of 212 countries 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. In other words, Florida is approximately 42.56 times larger than Rhode Island. Consequently, the landscape varies greatly . 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. Partially as a result, the states economy contracted by 2.1% from the end of 2019 through the end of 2020. > Country w/ similar GDP: Singapore ($310.0 billion) > Country w/ similar GDP: Norway ($481.8 billion) - GDP equal to: Sri Lanka ($88.9 billion) plus Somalia ($4.7 billion). 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. 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. > Ala. GDP per capita: $39,523 (Kazakhstan: $10,868). But it's . > GDP: $297.2 billion Florida is slightly bigger than the average state, as it ranks 22nd by area. Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). 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. Most of us rely on our smartphones, tablets, and computers when making daily decisions, whether checking Yelp for restaurant reviews or comparing prices on a new big-screen TV. The nations GDP per capita is below $5,000. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. - GDP higher than: 174 of 212 countries > Neb. Tech industries have certainlyboosted the Golden States economyThe Guardian recently noted how Silicon Valley alone would be one of the worlds richest countries. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. Colorado 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. Brazil. - GDP higher than: 141 of 212 countries Surprisingly, this state tops Middle East power Saudi Arabia in GDP, and Guatemala, whose top exports include fruit, nuts, and sugar. - GDP equal to: Morocco ($117.9 billion) plus Guam ($5.9 billion). More recent data out of the US suggests that gun ownership . > N.C. population: 10.3 million (Norway: 5.3 million) 2. Alaskas economy depends heavily on its energy sector. GDP per capita: $58,053 (Slovak Republic: $19,897). Tobacco is also an anchor of Sri Lanka's economy, along with oil and tea. 2022 Texas Gubernatorial. - 2018 state GDP: $865.3 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. > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. More than three-quarters of Saudi Arabias exports are oil-related either in crude, refined, or gas form. The UK is 93,000 square miles and comprises four countries: England, Scotland, Wales and . GDP per capita: $48,377 (Romania: $11,045). Florida's population is estimated at over 21 million, and it is growing rapidly. Minnesota In 2007, India's $800 billion economy was on par with Florida. > Country w/ similar GDP: Israel ($297.4 billion) > Hawaii population: 1.4 million (Myanmar: 53.4 million) North Dakotas economy is heavily dependent on resource extraction, an industry that flourished in the last 10 years due to new developments in hydrofracking methods methods that allow for the extraction of natural gas in the states Bakken Formation. > Ky. population: 4.5 million (New Zealand: 4.8 million) After all, the U.S. GDP in 2021 . 3. - GDP higher than: 141 of 212 countries Mississippis $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. Squash, vanilla beans, and yams are plentiful in Tonga. population: 4.7 million (Romania: 19.6 million) 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. Illinois > GDP: $745.3 billion > Country w/ similar GDP: Netherlands ($918.3 billion) Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . 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. As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia .
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