One key contributor to Georgias economy is a growing film industry. - GDP equal to: Slovenia ($54billion) plus American Samoa ($0.6 billion). - GDP equal to: Morocco ($117.9 billion) plus Guam ($5.9 billion). Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. - GDP higher than: 182 of 212 countries Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. > Pa. population: 12.8 million (Saudi Arabia: 32.9 million) - 2018 state GDP: $275.7 billion - GDP higher than: 189 of 212 countries 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. 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. - GDP higher than: 156 of 212 countries - GDP equal to: Hungary ($157.9 billion) plus Chad ($11.3 billion). How did they do it? In particular, ranchers and farmers are continuing to thrive in Colorado. Alaska Professional, scientific, and technical services boost Marylands GDP, but liquified natural gas is a new economic stimulator. California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. > Neb. Investing in real estate can diversify your portfolio. - GDP higher than: 152 of 212 countries - GDP higher than: 158 of 212 countries > GDP: $226.6 billion That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. More than 15% of Ohio workers are employed in the manufacturing sector compared to 10.1% of workers nationwide. > Country w/ similar GDP: Morocco ($119.3 billion) 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. Top stats for Italy: Country profile Top stats for United States: Country profile Italy vs United States: Geography Facts and Stats The US . The most recent OECD study -- from 2014 using 2011 data -- shows that the United States . > Okla. population: 3.9 million (Kazakhstan: 18.0 million) Lets look at the U.S. versus the countries with the next dozen largest economies. 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 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. Tallahassee. > Hawaii GDP per capita: $55,668 (Myanmar: $1,490). > GDP: $67.0 billion > Country w/ similar GDP: Iraq ($208.6 billion) Floridas $883.1 billion GDP is the fourth largest of all states and is relatively close to Netherlands GDP of $918.3 billion. But it's . Florida overtook Indonesia and Mexico's economies during the past year. Indian Ocean. 2020 New Hampshire Presidential Poll. . > Country w/ similar GDP: Argentina ($460.3 billion) Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. New Hampshire - 2018 state GDP: $178.1 billion Iowa is in the rare situation of low unemployment and not enough wage growth. > Iowa population: 3.1 million (Qatar: 2.6 million) In other words, Alaska is approximately 10.12 times larger than Florida. > Country w/ similar GDP: Singapore ($310.0 billion) - GDP higher than: 130 of 212 countries Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. 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. > Calif. GDP per capita: $65,160 (India: $1,965). New York 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. population: 3.0 million (Angola: 29.8 million) population: 1.9 million (Slovak Republic: 5.4 million) - 2018 state GDP: $622billion - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). Is Greenland really as big as all of Africa? Kansas > GDP: $52.3 billion On a per capita basis, Singapore is wealthier than Tennessee. Florida is about 70 times smaller than United States. The state would have the highest death rate in our country comparison, no matter the time frame. 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. Delawares economy is advanced, with the finance, insurance, and real estate sector accounting for a far higher than average 10.3% of total employment. A great tool for educators. Ohio > Wis. population: 5.8 million (Israel: 8.7 million) Arkansas 7 by GDP, but no. In Mauritania, the economy is focused on agriculture and raising livestock. > R.I. population: 1.1 million (Slovenia: 2.1 million) - GDP higher than: 161 of 212 countries population: 961,939 (Croatia: 4.1 million) Uruguay's population has remained largely steady over the last decade. For almost two centuries, cotton has been essential to Oklahomas economy. 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. ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . - GDP higher than: 157 of 212 countries It is interesting to compare land area, total population and GDP. 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. Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. New Mexicos GDP is becoming heavily influenced by the tech industry. Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Thanks to the booming tech industry in Huntsville and surrounding areas, Alabamas GDP received a boost of $22 billion. > Mo. Mining, particularly in gold, is a big industry in Utah. 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. At 268,597 square miles, Texas has about 171,902,808 acres of land. Motor vehicles and parts also are important to Argentinas GDP. As a result, Singapore is more productive on a per capita basis. More than half of Australias $243 billion in exports came from minerals and natural resources like iron, gold, coal, and petroleum. Meanwhile, the population of United States is ~337.3 million people (318.5 million fewer people live in Florida). In Sri Lanka, government debt accounts for about 79% of its GDP. - 2018 state GDP: $675.9 billion. Floridas growing economy is on the right path forward as the Florida Chamber Foundation, through its. - GDP higher than: 144 of 212 countries Costa Rica sends out tons of precision instruments and prepared foods. The Bayou State is big on manufacturing, and professional, scientific, and technical services (beignets and gumbo, while delicious, probably only amount to a small amount of the states economy). - 2018 state GDP: $114.8 billion 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. Florida's death toll, however, remains lower than Italy's 4,277 in Florida, compared to 34,954 in Italy. ALLEN: No, Florida never went to another lockdown. Casinos obviouslyboost Nevadas GDP profile, but real estate is also a solid contributor. Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 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. > GDP: $745.3 billion Today, India's economy is 2.4 times larger than the Sunshine State. Tennessee - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. GDP per capita: $66,776 (Cte dIvoire: $1,626). > GDP: $590.7 billion Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. > GDP: $63.9 billion While confronted with climate change questions, oil and gas remain a driving force of the economy in Texas. Export figures and other country information came from the Observatory of Economic Complexity from MIT Media Labs and the BBC. Like other countries in the region, Oman relies heavily on exports of crude oil and petroleum products. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. Virgin Isl. Meanwhile, Ecuadors economy depends heavily on petroleum exports and suffered in recent years from falling oil prices. The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. Pennsylvania, particularly in its southwest counties, is a major producer of coal. Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. Florida is slightly bigger than the average state, as it ranks 22nd by area. > Mich. GDP per capita: $46,055 (Argentina: $10,397). - GDP higher than: 208 of 212 countries Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. Similarly, Texas is the top oil and natural gas-producing state in the U.S. Economic Activity. Vanuatu has more basic industries for income, including food and fish freezing, and meat canning. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . Florida > Country w/ similar GDP: Israel ($297.4 billion) Oklahoma The state and the country have the tools to fight the delta variant. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). Florida is known for being one of the biggest states, but this reputation actually comes from the state's population, not its area. After all, the U.S. GDP in 2021 . 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. Do Politicians Understand Your Business? Though Iraq is not often considered an economic powerhouse, it has a GDP of over $200 billion very similar to Oregons economic output. - GDP higher than: 114 of 212 countries New Mexico The Solomon Islands economy relies on agriculture, fishing, and forestry remain constants in. To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. United States is approximately 9,833,517 sq km, while Florida is approximately 139,670 sq km, making Florida 1.42% the size of United States. > GDP: $207.7 billion North Dakotas economy is roughly the size of the entire African nation of Ghana. That's roughly half of California's current COVID rate and less than a quarter of Vermont's. Hawaii (with nine cases for every 100,000 residents) is the only other state in . As of 2010, California was no. > Wash. population: 7.4 million (Norway: 5.3 million) But the delta variant has still infiltrated those defenses. According to a neat overlay map posted to Reddit by user martinswfan, you can fit 30 European countries into the continental US. > Maine population: 1.3 million (Azerbaijan: 9.9 million) questions about the economy? distribution partner, email us at Want more of our free, weekly newslettersinyourinbox? If youre an investor looking to minimize expenses, consider checking out online brokerages. It's so vast that you'd need well over a month to properly explore it all. For one, not every country reports COVID numbers the same way. While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. > Mont. > Country w/ similar GDP: Azerbaijan ($57.3 billion) > GDP: $480.9 billion > Country w/ similar GDP: Kuwait ($138.8 billion) The United States fares okay, but that graph doesnt scream American exceptionalism. Several of the other countries have kept deaths at far lower rates. Idaho > Utah GDP per capita: $48,376 (Hungary: $15,648). Florida overtook Indonesia and Mexicos economies during the past year. 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. 11 U.S. States That Are Larger Than the UK. Fighting for the Axis powers in WWII and occupied by Soviets until 1991, Hungary is now a democracy and member state of NATO and the EU the latter of which has been a boon for the countrys economic development. > Country w/ similar GDP: Belgium ($524.0 billion) Stacker distribution partners receive a license to all Stacker stories, - 2018 state GDP: $1trillion While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Nebraska Italy is 294k sq km the US is 31 times bigger - 9,160k sq km. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. The population of Florida is 21,781,128, an increase of 1.1% from 2020. If your organization is interested in becoming a Stacker The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. West Virginias GDP owes a lot to income from mining and plastics. - GDP equal to: Myanmar ($71.2 billion) plus Bermuda ($5.6 billion). - GDP equal to: Croatia ($61 billion) plus Guyana ($3.9 billion). - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). Yes, Idahos economy is boosted by potatoes, but just as important is milk. 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. > Country w/ similar GDP: Cote dIvoire ($39.5 billion) > Miss. - GDP equal to: Hong Kong SAR, China ($362.7 billion) plus Solomon Islands ($1.4 billion). > Nev. GDP per capita: $47,648 (Kuwait: $33,546). A coastal country, Chile also exports seafood and wine. 24/7 Wall St. matched each state to the country with the most similar GDP. However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. > Country w/ similar GDP: Singapore ($310.0 billion) - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). That puts Alabamas GDP above the total for Greece, which is slowly rebounding from high rates of unemployment, thanks to increased GDP from mining. GDP per capita: $66,419 (Croatia: $15,322). - GDP higher than: 141 of 212 countries > Mass. - GDP equal to: Costa Rica ($60.1 billion) plus Tonga ($0.5 billion). > N.C. population: 10.3 million (Norway: 5.3 million) - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). The size of North Carolinas economy, like that of Massachusetts and Washington, is closest to that of Norways. > Country w/ similar GDP: Libya ($46.6 billion) - GDP equal to: Zimbabwe ($31billion) plus Central African Republic ($2.2 billion). > Md. In 2007, India's $800 billion economy was on par with Florida. GDP per capita: $42,276 (Lebanon: $7,103). Columnist Stephanie Hayes will share thoughts, feelings and funny business with you every Monday. Kentucky Meanwhile, Joe Biden casually stated that he might visit the town "at some point" and again claimed that he's spoken to "every . North Carolina To that end, most Stacker stories are freely available to In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. Louisianas economy relies heavily on its energy sector. Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. People arent just getting the virus, they are dying from it. > Country w/ similar GDP: Israel ($297.4 billion) Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. Shows like The Walking Dead have made the Peach State home, helping boost its GDP past tiny Liechtenstein, and Poland, which has the sixth largest economy in the European Union. While Florida is only slightly bigger than average when it comes to area, it has one of the largest populations of any state. Floridas 22 deaths per 100,000 residents in the last month compared to 207 from the start of the pandemic doesnt mean things are getting better. We will place both states on top of each other on the same map in order to show you their relative size. share our stories with your audience. If youre ready to find an advisor who can help you achieve your financial goals, get started now. - 2018 state GDP: $1.7 trillion 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. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. - 2018 state GDP: $563.7 billion A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. Florida was the 27th state to be admitted to the Union in 1845. As the animated GIF belowcreated by Reddit user, neilrkaye - demonstrates, northern nations such as Canada and Russia . - 2018 state GDP: $3trillion Though Nebraska has a much smaller population than the Slovak Republic, its landmass is more than four times that of the European nation. Drag and drop countries around the map to compare their relative size. restrictions, which you can review below. It's bigger than Japan (377,900km 2. 2022 Texas Gubernatorial. The countrys economy centers around manufacturing, with more than a quarter of exports in 2017 in vehicles or vehicle parts. The U.S. is still ahead in a race no one wants to win. Arizona is far larger than our Middle Eastern ally, however, at 113,990 square miles compared to Israels 8,355 square miles. > La. Within the United States, it contains the highest percentage of people over 65 (17.3%), and the 8th fewest people under 18 (21.9%). > GDP: $292.3 billion Zillow offers "Zestimates" on . Roulette and slot machines are less prevalent in Chad, which banks on oil and agriculture. - GDP equal to: Nigeria ($397.3 billion) plus Albania ($15.1 billion). > N.M. GDP per capita: $43,566 (Ecuador: $5,256). Ontario is big. The two also have similar population sizes 10.4 million in Georgia compared to 11.4 million in Belgium. 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. Our smallest state is a giant in the recycling industry. > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) Stevehacks.com provides more than 600 000 recipes from all countries over the world. > Ky. population: 4.5 million (New Zealand: 4.8 million) China and India have clearly made great leaps forward in both absolute and relative terms. About half of the countrys exports are petroleum. > Ind. 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. > Ark. What might be more surprising, however, is that Nebraska has roughly the same . Oil and gas are similarly important to Canadas GDP, with Western Canada as a major location for wells and drilling. Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. Still, Tennessee and Singapore have similarly sized economies, at $315.1 billion and $310.0 billion, respectively. Florida is not the cheapest state to live in, but it's not the most expensive either. - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). - GDP equal to: Pakistan ($314.6 billion) plus Sierra Leone ($4.1 billion). To help sift out China and Indias underreporting, we excluded those two countries from a third group included on the charts below. Kazakhstan is geographically large about the size of Western Europe and resource rich. > GDP: $192.7 billion 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. population: 6.1 million (Chile: 18.1 million) Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Guatemalas economy is largely agriculture based, with bananas and coffee as its chief agricultural exports. Situated along the Mediterraneans eastern shore, Lebanon has long been a regional trading hub. In Tuvalu, fishing and coconut meat are two notable parts of its small economy. Select two states below to get started. A relatively high 18.5% of Florida's area is covered by water. Visually speaking, Canada and Russia appear to take up approximately 25% of the Earth's surface, when in reality they occupy a mere 5%. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion - GDP equal to: Russian Federation ($1.7 trillion) plus Chad ($11.3 billion). > GDP: $323.3 billion - 2018 state GDP: $33.3 billion - GDP equal to: Ecuador ($108.4 billion) plus Liechtenstein ($6.2 billion). population: 1.1 million (Lebanon: 6.1 million) Haiti, which once specialized in sugar, is seeing its economy drastically decline. > Ga. population: 10.4 million (Belgium: 11.4 million) 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. You may also like: Best commute in every state, - 2018 state GDP: $100.3 billion Over half of its $31.2 billion in exports in 2017 were either crude petroleum, petroleum gas, or refined petroleum. A resource-rich state, Alaskas 1.6 billion barrels of proved crude oil reserves is more than all but five other states. About 40% of all coal in the United States is mined in Wyoming, and the state is also home to the largest uranium mining operations in the country. Moroccos top exports include fertilizers, insulated wires, and cars. Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. In fact, at 665,384 square miles, you could fit Texas into Alaska twice. > Ore. population: 4.1 million (Iraq: 38.3 million) Montana While economists, politicians, and stockbrokers fret over each decimal point of movement in an areas gross domestic product (GDP), sometimes its good to keep a frame of reference in mind. population: 6.1 million (Malaysia: 31.6 million) > S.C. population: 5.0 million (Algeria: 41.3 million) 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. - GDP higher than: 168 of 212 countries - GDP higher than: 191 of 212 countries Aluminum is one of Cameroons main industries, while Sao Tome and Principe is known for its cocoa bean industry. Chile derives much of its wealth from natural resources, primarily copper.
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