No corner of the country was untouched by the pandemics economic consequences but some states have emerged better off than others. Pennsylvanias GDP is the closest to that of the petroleum-rich nation Saudi Arabia. - GDP equal to: Ethiopia ($84.4 billion) plus Tuvalu ($42.6 million). Apr 30, 2018. - GDP higher than: 174 of 212 countries - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). 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. 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. If youre ready to find an advisor who can help you achieve your financial goals, get started now. 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. Tech industries have certainlyboosted the Golden States economyThe Guardian recently noted how Silicon Valley alone would be one of the worlds richest countries. > Texas GDP per capita: $57,077 (Russian Federation: $11,441). - 2018 state GDP: $1.8 trillion 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. > Pa. GDP per capita: $54,725 (Saudi Arabia: $20,771). China and India have clearly made great leaps forward in both absolute and relative terms. Pennsylvania, particularly in its southwest counties, is a major producer of coal. - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). Ghanas major exports include oil, gold, and cocoa. Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. 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. Tobacco, the auto industry, and aircraft industry, Best jobs that don't require a college degree, Countries with the most oil and who they're selling it to, https://creativecommons.org/licenses/by-nc/4.0/?ref=chooser-v1. Although this makes Germany the largest country in Central Europe and the 6th largest in all of Europe, it's pretty paltry compared to the 3,796,742 square miles (or 9,833,520 square kilometers) of the United States. Floridas economy grows to 15th largest in the world, up from 17th. Iowa is in the rare situation of low unemployment and not enough wage growth. There are over 1.6 million people in the Jacksonville area. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. > W.Va. population: 1.8 million (Oman: 4.6 million) Today, it is one of the most open and developed economies in the world. Nearly half of the countrys $70.1 billion in exports in were copper, copper ore, and refined copper. > Del. Investing in real estate can diversify your portfolio. Michigan Alabama Both economies are largely focused on manufacturing more than 40% of Polands exports are manufactured goods like cars and computers. - GDP equal to: New Zealand ($204.9 billion) plus Curacao ($3.1 billion). Arizona By GDP, however, the two are more closely matched. 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. The size of the 50 U.S. states, listed from largest to smallest. Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. Latvia, a former Soviet republic in northeastern Europe, transitioned to a free market economy in the 1990s. Brazil. > Mich. population: 10.0 million (Argentina: 44.3 million) > Colo. population: 5.6 million (Singapore: 5.6 million) 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. 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. > Va. population: 8.5 million (Nigeria: 190.9 million) > Mont. - 2018 state GDP: $565.8 billion Some are diligent. Agriculture is key to Moroccos GDP too, but so are aerospace and tourism. GDP per capita: $59,983 (Malaysia: $11,528). . 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. > Ind. 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. California has the countrys highest GDP. > Miss. Compared to the United States it is tiny. More than 15% of Ohio workers are employed in the manufacturing sector compared to 10.1% of workers nationwide. In Tuvalu, fishing and coconut meat are two notable parts of its small economy. Its total area is 65,758 square miles. The way North Carolina relies on furniture, Tajikistan is reliant on minerals. - GDP equal to: Singapore ($364.2 billion) plus Eritrea ($2.6 billion). Vermont Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. > N.J. population: 9.0 million (Iran, Islamic Rep.: 81.2 million) Corn, soy, and wheat join apples are Washington GDP heavyweights. 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. > GDP: $190.9 billion 11 U.S. States That Are Larger Than the UK. - 2018 state GDP: $64.9 billion In fact, at 665,384 square miles, you could fit Texas into Alaska twice. Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). 2022 Florida Gubernatorial. Scroll to read more Arts Stories + Interviews articles. If youre ready to find an advisor who can help you achieve your financial goals, get started now. 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. Overall, the US produced 24.3% of world GDP in 2017, with only about 4.3% of the world's population. Iraq specializes in oil. New York Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. 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. But the land itself is huge. - GDP higher than: 191 of 212 countries 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. > Utah population: 3.1 million (Hungary: 9.8 million) 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. Investing in real estate can diversify your portfolio. You may also like: Best places to retire in every state, - 2018 state GDP: $532.9 billion Georgias $510.8 billion GDP is close to Belgiums $524.0 billion GDP. > N.Y. population: 19.8 million (Australia: 24.6 million) > La. > GDP: $480.9 billion - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). A former Soviet republic, Kazakhstans economy is heavily dependent on agriculture and extraction of oil and minerals, including copper and zinc. 4. > GDP: $315.1 billion - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). > S.C. population: 5.0 million (Algeria: 41.3 million) 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. your CMS. - 2018 state GDP: $114.8 billion Like Arizona, the country that has the closest GDP to Wisconsin is Israel. California The average population of Florida's counties is 325,091; Miami-Dade County is the most populous (2,662,777) and Liberty County is the least (7,900). ; Delaware is the second smallest state in the country covering 5,130 km 2, of which 5,047 km 2 is land. Nicaragua counts on beef, gold, and coffee. - GDP higher than: 169 of 212 countries One key contributor to Georgias economy is a growing film industry. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. - GDP higher than: 191 of 212 countries South Dakota Poverty also remains a considerable challenge in the country. Myanmar has been racked by political instability and atrocities in recent years. 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. 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. - GDP equal to: United Kingdom ($2.9 trillion) plus Kuwait ($140.6 billion). Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. New Jersey > Va. GDP per capita: $54,730 (Nigeria: $2,412). - GDP higher than: 111 of 212 countries Only seven states on this list have a lower GDP per capita than their corresponding country. Argentinas economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat. > Country w/ similar GDP: Uzbekistan ($65.8 billion) Illinois > Ohio GDP per capita: $50,666 (Poland: $15,823). This Canadian province is so huge that most people who live there rarely see it all. - 2018 state GDP: $77.4 billion Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. > Mo. Editorials are the institutional voice of the Tampa Bay Times. Mississippi GDP per capita: $33,558 (Angola: $3,414). The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. 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. - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. - 2018 state GDP: $527.1 billion Kentuckys population of 4.5 million is also closely aligned with New Zealands 4.8 million residents. > GDP: $100.1 billion - 2018 state GDP: $783.2 billion > GDP: $207.7 billion 47 by population. Virginia has a massive $463.6 billion economy, in line with the total economic output of Nigeria, the most populous country in Africa. population: 3.0 million (Angola: 29.8 million) The Netherlands is one of the largest economies in the European Union. 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. As a result, Singapore is more productive on a per capita basis. > Country w/ similar GDP: Norway ($481.8 billion) 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. In other words, Alaska is approximately 10.12 times larger than Florida. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. - 2018 state GDP: $563.7 billion Florida has more Covid-19 cases than most countries. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. > Del. Stacker believes in making the worlds data more accessible through Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. Florida was the 27th state to be admitted to the Union in 1845. > Kan. population: 2.9 million (Hungary: 9.8 million) In doing so, youre agreeing to the below guidelines. This page lists the total size (land plus water) and the land area for the 50 US states. Compare your state to Alaska. This has now been amended. The picture gets worse for Florida when looking at just the last month. Every day you run your business and every day politicians and bureaucrats in Tallahassee make decisions that impact it. Haiti, which once specialized in sugar, is seeing its economy drastically decline. For one, not every country reports COVID numbers the same way. A great tool for educators. Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. Qatar, an oil-rich Middle Eastern nation is one of the wealthiest countries in the world, with a GDP per capita of $65,694.