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. Hawaii > Iowa GDP per capita: $53,798 (Qatar: $65,694). Less stable is Libyas economy, which suffers from political insecurity, power outages, and a booming black market. > Country w/ similar GDP: Morocco ($119.3 billion) The size of the 50 U.S. states, listed from largest to smallest. Tech industries have certainlyboosted the Golden States economyThe Guardian recently noted how Silicon Valley alone would be one of the worlds richest countries. Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. > Country w/ similar GDP: Poland ($600.9 billion) Technology has made our lives easier in many ways. A lack of private sector job creation has affected Serbias GDP. But expanding your horizons may add additional costs. Although Dorothy landed in Oz and not Hungary, her home state surpasses the Central European nation known for machinery, construction materials, and processed foods. The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. > Country w/ similar GDP: Malaysia ($364.6 billion) While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. 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. But ultimately, you have to live with that decision. - 2018 state GDP: $39.1 billion In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. - 2018 state GDP: $592.2 billion The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. > Country w/ similar GDP: Croatia ($63.2 billion) Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. > GDP: $463.6 billion Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists. Alaska is the biggest state in the union. In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. Meanwhile, Wisconsins manufacturing industry employs 17.9% of workers in the state, well above the sectors 10.1% national average employment. Tobacco, the auto industry, and aircraft industry make up some staples of Ohios GDP figures. > Neb. 7 by GDP, but no. your CMS. > GDP: $55.6 billion 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: $142.9 billion 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. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. Kentucky 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. Here's British Columbia, outlined by yours truly. > N.C. GDP per capita: $47,142 (Norway: $91,219). - 2018 state GDP: $50.3 billion Myanmar has been racked by political instability and atrocities in recent years. Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. It's so vast that you'd need well over a month to properly explore it all. Like West Virginia, Oman is also resource rich. and more. Rhode Island has approximately 2.35% the land area of Florida. New Jersey, on the other hand, is the 46th smallest state by land size, but it also ranks 11th by population. - 2018 state GDP: $675.9 billion. > GDP: $297.2 billion They often offer low investment fees, helping you maximize your profit. Kazakhstan, a country 15 times the size of Oklahoma by landmass and nearly five times as large by population, has a similarly sized economy. But China is now more than twice as big as the two largest U.S. states together. population: 961,939 (Croatia: 4.1 million) North Dakotas economy is roughly the size of the entire African nation of Ghana. Mississippis $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. Free Will Astrology: Is the soul shaped like an iceberg or a hummingbirds eye? 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. - GDP higher than: 129 of 212 countries 24/7 Wall St. matched each state to the country with the most similar GDP. - GDP equal to: Argentina ($519.9 billion) plus North Macedonia ($12.7 billion). As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia . - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). - 2018 state GDP: $73.5 billion You may also like: Countries with the most oil and who they're selling it to. 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. West Virginia - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 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. About half of the countrys exports are petroleum. Finding a qualified financial advisor doesnt have to be hard. If youre an investor looking to minimize expenses, consider checking out online brokerages. - GDP higher than: 163 of 212 countries > S.D. 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 . Russias economy depends on gas, though not as much as many other nations on this list. 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. It posted a record-breaking 87.3 million visitors in 2011. - 2018 state GDP: $208.1 billion Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. 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. - GDP higher than: 189 of 212 countries Peru had the highest rate. Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). However, the Miami metro area is the state's most populous area, with a population of well over 6 million people. You may also like: Best jobs that don't require a college degree, - 2018 state GDP: $202.6 billion 2020 South Carolina Presidential Poll. Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. - GDP higher than: 178 of 212 countries It was admitted as the 27th state in 1845. storytelling. > Wis. GDP per capita: $50,431 (Israel: $34,135). The Florida Chamber Foundation is a 501(c) (3) charitable organization that focuses on research and initiatives to make our state a leading place in the world to live and work. - GDP equal to: Poland ($585.7 billion) plus Latvia ($34.4 billion). distribution partner, email us at | Column. In Tuvalu, fishing and coconut meat are two notable parts of its small economy. Florida 13 Miami, Top Rays pitching prospect Taj Bradley makes dazzling debut, Lightning acquire Tanner Jeannot from Predators, Jon Mott not too tired to win again at Gasparilla Distance Classic, Florida Highway Patrol car hits, kills Pasco bicyclist, St. Petersburgs Christina Welsh runs away with Gasparilla weekend, Why IndyCars most popular driver almost moved to St. Petersburg, When will Social Security sunset? Simply replace the FIPS codes in the URL to generate your own comparison. > GDP: $63.9 billion Yes, lobsters are a main part of Maines economy, but so are circuits and Atlantic salmon. For almost two centuries, cotton has been essential to Oklahomas economy. Israels top export is diamonds, worth over $10 billion in 2017. . > Mont. Californias $2.6 trillion economy is the largest of any state. - GDP equal to: Myanmar ($71.2 billion) plus Liechtenstein ($6.2 billion). But expanding your horizons may add additional costs. 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. - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). - 2018 state GDP: $675.9 billion - GDP equal to: Colombia ($331billion) plus Mauritania ($5.2 billion). > GDP: $207.7 billion Massachusetts has a $490.2 billion economy, about the same size as Norways. Oil has pumped billions into North Dakotas GDP numbers over the past decade. - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). - GDP higher than: 174 of 212 countries The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. The country did have a high proportion of aging people compared to working-age folks in its borders around June 2020, according to the Population Reference Bureau, which may explain a brief period of negative population growth in . Even tiny Rhode Island produces a higher GDP than nations with millions of more citizens. Alaskas economy depends heavily on its energy sector. Latvia, meanwhile is all about processingfoods, metals, and woodas part of its trade strategy. Despite a larger population, Hungary and Kansas have similarly sized economies, at $153.1 billion and $148.5 billion, respectively. about 0.3 times the size of Washington, DC. Colorado Florida has approximately 9.88% the land area of Alaska. > La. Arkansas For reference, Iowas GDP per capita is just $53,798. - 2018 state GDP: $54.7 billion All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. The unemployment rate in Portugal is estimated at 7.3%, well above Connecticuts 2018 jobless rate of 4.1%. > Country w/ similar GDP: Portugal ($238.0 billion) 2. > Mich. population: 10.0 million (Argentina: 44.3 million) So far, this analysis shows that the United States is hardly the star pupil when it comes to keeping its residents safe from COVID, especially given the money and expertise the country has at its disposal. This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. > N.H. GDP per capita: $55,413 (Oman: $16,144). As you can see, BC is larger than the UK (243,600 km) and Ireland (84,420 km). > GDP: $52.3 billion As a result, Singapore is more productive on a per capita basis. Select two states below to get started. New Zealands top exports are more basicdairy, meat, and woodand Curacao banks on factors like tourism and offshore finance. Vermont Squash, vanilla beans, and yams are plentiful in Tonga. In fact, Florida is the 3rd most populous state in America. > Country w/ similar GDP: New Zealand ($181.5 billion) Home to 1.4 million people, Hawaiis economy generated $79.5 billion in 2017, nearly the same as the GDP of Myanmar, a country with a population over 37 times that of Hawaii. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. This crisis is ongoing. - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. 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. New Jersey has a similar economic output to Iran, even though the Middle Eastern country has about nine times as many residents and 72 times as much land. > GDP: $275.6 billion Arizona is far larger than our Middle Eastern ally, however, at 113,990 square miles compared to Israels 8,355 square miles. > Mo. A bustling medical industry and retail giants like Target are the backbone of Minnesotas GDP. The lower number is a function of measuring deaths across only 30 days, not 19 months. > Maine population: 1.3 million (Azerbaijan: 9.9 million) There are a few guidelines and Over half of its $31.2 billion in exports in 2017 were either crude petroleum, petroleum gas, or refined petroleum. Compared to states like California and Montana, Texas is huge. > Ohio population: 11.7 million (Poland: 38.0 million)
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