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Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. North Carolina The United States is a vast country with a large amount of land. - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). GDP per capita: $42,276 (Lebanon: $7,103). Each states GDP is as of 2017 and is chained to 2012 dollars and came from the Bureau of Economic Analysis. land area is about 0.3 times the size of Washington, DC. 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. Gross domestic product, or GDP, is the total value of goods and services a state or country produces over a given period. Florida is about 70 times smaller than United States. In Mauritania, the economy is focused on agriculture and raising livestock. > Country w/ similar GDP: Croatia ($63.2 billion) Florida | Map, Population, History, & Facts | Britannica Despite the setback, Floridas 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. - GDP higher than: 114 of 212 countries In particular, ranchers and farmers are continuing to thrive in Colorado. Rhode Island has approximately 2.35% the land area of Florida. > Fla. population: 21.0 million (Netherlands: 17.1 million) - GDP higher than: 192 of 212 countries. - GDP equal to: Colombia ($331billion) plus Mali ($17.2 billion). > Mont. Tobacco, the auto industry, and aircraft industry make up some staples of Ohios GDP figures. > N.Y. GDP per capita: $71,252 (Australia: $55,926). Virginia How big is Italy compared to Florida? - Quora Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. Florida Population 2023 (Demographics, Maps, Graphs) How Accurate Is Zillow's Zestimate? | Examples & Findings > GDP: $590.7 billion In contrast, gases, oils, and fertilizers make up a strong portion of Qatars GDP. > Maine GDP per capita: $41,619 (Azerbaijan: $5,805). A great tool for educators. - GDP higher than: 178 of 212 countries According to a neat overlay map posted to Reddit by user martinswfan, you can fit 30 European countries into the continental US. Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. Both economies are largely focused on manufacturing more than 40% of Polands exports are manufactured goods like cars and computers. > La. One of the fastest . Florida now has America's lowest COVID rate. Does Ron DeSantis deserve The presence of Chinese firms have long boosted Hong Kongs GDP, but the current unrest there makes the future of the economy uncertain. This article represents the opinion of the Tampa Bay Times Editorial Board. Washington apple producers are hoping for even more gains with the creation of the Cosmic Crisp apple. Pennsylvania > S.C. GDP per capita: $39,673 (Algeria: $4,820). 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. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. The US ratio of 120.5 firearms per 100 residents, up from 88 per 100 in 2011, far surpasses that of other countries around the world. While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. - GDP equal to: Singapore ($364.2 billion) plus Eritrea ($2.6 billion). State leaders in Arizona are promising more education spending made possibleby economic growth that includes a $750 million surplus for the 2021 budget year. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Texas > Country w/ similar GDP: Angola ($101.7 billion) > GDP: $883.1 billion - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). On a per capita basis, Singapore is wealthier than Tennessee. 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. Technology has made our lives easier in many ways. - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). Ghanas major exports include oil, gold, and cocoa. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion We have a choice in this fight. > Country w/ similar GDP: Kuwait ($138.8 billion) Resource extraction is also a pillar of Ghanas far less diversified economy. 1 in GDP, followed by Texas and New York. 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. Its GDP per capita is less than one-third that of Utah. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. GDP per capita: $48,377 (Romania: $11,045). At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. > GDP: $1.6 trillion To that end, Stacker compiled a list comparing every states GDP to countries around the world. The Florida Chamber Foundation does not lobby or conduct any political activities whatsoever. Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. Even individual U.S. states have GDPs that rival countries many times their size. Louisianas economy relies heavily on its energy sector. 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. 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. How Big Are the States in America? (with pictures) - United States Now The unemployment rate in Portugal is estimated at 7.3%, well above Connecticuts 2018 jobless rate of 4.1%. Michigan Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Iowa is in the rare situation of low unemployment and not enough wage growth. - GDP higher than: 125 of 212 countries > GDP: $74.4 billion > GDP: $44.4 billion Scotland has a land size of 30,415 . Of all the national economies in the world, Illinois $745.3 billion economy most closely matches that of Saudi Arabia. 4. 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). Arizona also has a slightly smaller population, with 7.0 million residents compared to Israels 8.7 million. If youre ready to find an advisor who can help you achieve your financial goals, get started now. Country populations are 2017 estimates from the World Bank. The two also have similar population sizes 10.4 million in Georgia compared to 11.4 million in Belgium. Brazil. Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. > Texas population: 28.3 million (Russian Federation: 144.5 million) Formed in 1961, OECD sets international standards on a wide range of topics, including education spending. Tobacco is also an anchor of Sri Lanka's economy, along with oil and tea. - 2018 state GDP: $169.3 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. > Miss. 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. A 2018 survey by the Council for Community & Economic Research (C2ER) ranked Florida as the 30th most affordable state in the US regarding the cost of living. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. > GDP: $114.0 billion 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. 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. 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 equal to: Russian Federation ($1.7 trillion) plus Chad ($11.3 billion). GDP per capita: $66,776 (Cte dIvoire: $1,626). Norway recently developed into a major exporter of petroleum after discovering offshore reserves. population: 1.9 million (Slovak Republic: 5.4 million) Compare your state to Alaska. In other words, Alaska is approximately 10.12 times larger than Florida. Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. Florida's most populous city is Jacksonville, with an estimated population of 949,611. - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). The average land area is 805 sq mi (2,085 km 2 ). GDP per capita: $52,240 (Libya: $7,315). Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). The capital is Tallahassee, located in the northwestern panhandle. > GDP: $52.3 billion 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. Florida Economy: 13 Facts - Markets Insider Drag and drop countries around the map to compare their relative size. - GDP equal to: Argentina ($519.9 billion) plus Monaco ($7.2 billion). > Fla. GDP per capita: $42,085 (Netherlands: $53,598). US States By Size - WorldAtlas It's had more deaths . Ontario is big. 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. Brazil. Florida coronavirus: 1 state has more Covid-19 cases than most - CNN > Del. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). > Country w/ similar GDP: Morocco ($119.3 billion) > Alaska GDP per capita: $70,683 (Guatemala: $3,124). 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. Alaska is the biggest state in the union. - 2018 state GDP: $675.9 billion. 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. Vermont Latvia, meanwhile is all about processingfoods, metals, and woodas part of its trade strategy. > GDP: $70.6 billion Motor vehicles and parts also are important to Argentinas GDP. 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. 46. > Mo. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. To publish, simply grab the HTML code or text to the left and paste into > Country w/ similar GDP: Oman ($74.8 billion) > Country w/ similar GDP: Iraq ($208.6 billion) - GDP higher than: 111 of 212 countries - 2018 state GDP: $178.1 billion 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. Peru had the highest rate. Florida ranks No. It's bigger than Japan (377,900km 2. Florida Rankings and Facts | US News Best States Montana > Neb. Like many other company websites, our website collects cookies to deliver the best user experience to you. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. How Every State's Population Compares to Countries Around the - Stacker - GDP higher than: 196 of 212 countries Lets look at the U.S. versus the countries with the next dozen largest economies. > Country w/ similar GDP: New Zealand ($181.5 billion) An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Investing in real estate can diversify your portfolio. 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. To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. The True Size Of 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. 47 by population. Which Countries Would Fit Inside of Texas? | Newgeography.com PAGE CREATED ON : 12/03/2022 LAST UPDATED DATE : 12/03/2022 New Mexico Mercator's map inadvertently also pumps up the sizes of Europe and North America. > Wis. GDP per capita: $50,431 (Israel: $34,135). > Ohio population: 11.7 million (Poland: 38.0 million) Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. Dominicas economy has shifted from bananas to tourism. 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. - 2018 state GDP: $318.9 billion Moroccos top exports include fertilizers, insulated wires, and cars. - GDP equal to: Israel ($370.6 billion) plus Turks and Caicos Islands ($1billion). Stacker believes in making the worlds data more accessible through - GDP higher than: 195 of 212 countries how big is argentina compared to other countries The state and the country have the tools to fight the delta variant. - GDP higher than: 141 of 212 countries Nicaragua counts on beef, gold, and coffee. GDP per capita: $59,983 (Malaysia: $11,528). Benin, meanwhile, is relatively reliant on cotton. > Country w/ similar GDP: Slovak Republic ($108.2 billion) > Country w/ similar GDP: Azerbaijan ($57.3 billion) population: 3.0 million (Morocco: 35.7 million) The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. Finding a qualified financial advisor doesnt have to be hard. > Country w/ similar GDP: Nigeria ($460.5 billion) 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. In Ecuadors economy, wood products and seafood are bountiful. Here's British Columbia, outlined by yours truly. > Ala. population: 4.9 million (Kazakhstan: 18.0 million) One of the wealthiest states in the country, Massachusetts has a GDP per capita of $71,456. > GDP: $50.8 billion Thus, the small size and large population makes New Jersey the most densely populated . - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). > Country w/ similar GDP: Qatar ($173.4 billion) 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. Brit. - GDP equal to: Netherlands ($913.7 billion) plus Morocco ($117.9 billion). - GDP higher than: 177 of 212 countries 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. 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. - GDP higher than: 156 of 212 countries > S.C. population: 5.0 million (Algeria: 41.3 million) About half of the countrys exports are petroleum. Like Arizona, the country that has the closest GDP to Wisconsin is Israel. If youre an investor looking to minimize expenses, consider checking out online brokerages. > GDP: $480.9 billion Iraq specializes in oil. today Florida, if it were an independent country, would be the 15th largest economy in the world. 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. > Wyo. 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. > Country w/ similar GDP: Poland ($600.9 billion) - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). - 2018 state GDP: $39.1 billion But the delta variant has still infiltrated those defenses. Nebraskas 1.9 million residents produce an economic output of over $111 billion, close to that of the Slovak Republic, or Slovakia.