Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. When it comes to real estate, however, consumers should be wary of relying too heavily on estimates from websites like Zillow. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. Florida has more Covid-19 cases than most countries If Florida were a country, it . 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. The Garden State has a rich mix of chemicals, gambling, agriculture, and even perfumes that contribute toward its GDP. storytelling. - GDP higher than: 194 of 212 countries Iraq has about nine times as many people as Oregon, however, meaning its GDP per capita is about one-ninth of Oregons. One of the wealthiest states in the country, Massachusetts has a GDP per capita of $71,456. However, to produce about the same amount . To that end, Stacker compiled a list comparing every states GDP to countries around the world. People arent just getting the virus, they are dying from it. Florida Economy: 13 Facts - Markets Insider State Size Comparison - MyLifeElsewhere Apr 30, 2018. Montana To help mitigate those differences, we grouped together Europes five largest economies Germany, U.K., France, Italy and Russia. To publish, simply grab the HTML code or text to the left and paste into Alabamas economy generated nearly $192.7 billion in economic output in 2017 nearly in line with the GDP of Kazakhstan, a former soviet country with a population more than triple that of Alabama. More workers in East Palestine at the site of the toxic train derailment are reporting intense headaches and nausea, prompting fears that the cleanup could constitute a new 'ground zero' health disaster. - 2018 state GDP: $565.8 billion > Va. GDP per capita: $54,730 (Nigeria: $2,412). Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). - 2018 state GDP: $84.5 billion Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. > GDP: $91.0 billion One of the fastest . The average land area is 805 sq mi (2,085 km 2 ). your CMS. Four of America's states (California, Texas, New York and Florida . > GDP: $546.5 billion 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. Tim Wenger. You may also like: Best value public colleges in America, - 2018 state GDP: $569.5 billion > Country w/ similar GDP: Cote dIvoire ($39.5 billion) republish under a Creative Commons License, and we encourage you to > Country w/ similar GDP: Kazakhstan ($196.0 billion) US States By Size - WorldAtlas > Country w/ similar GDP: Kazakhstan ($196.0 billion) New Hampshire is another state where civilian aircraft, engines, and parts are prime exports. Andrei Vasilevskiy, Lightning shut down Red Wings, FSU rallies from 25 points down, stuns No. Colorado > Miss. Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. Florida's population is estimated at over 21 million, and it is growing rapidly. With a population of 21.5 million according to the 2020 census, Florida is the most populous state in the Southeastern United States, and the second-most populous state in the South behind Texas. Per capita GDP by country was calculated by the World Bank and is current as of 2017. The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. > Mo. > Del. 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. 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. This crisis is ongoing. 2. population: 6.7 million (Singapore: 5.6 million) - GDP equal to: Myanmar ($71.2 billion) plus Central African Republic ($2.2 billion). Kazakhstan, a country 15 times the size of Oklahoma by landmass and nearly five times as large by population, has a similarly sized economy. British Indian Ocean Territory. Mining, particularly in gold, is a big industry in Utah. 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. > Colo. GDP per capita: $57,654 (Singapore: $55,236). 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. Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. Today, India's economy is 2.4 times larger than the Sunshine State. And Japan, among other countries, has been much more accepting of wearing masks and social-distancing in public spaces. > Ohio population: 11.7 million (Poland: 38.0 million) In other words, Alaska is approximately 10.12 times larger than Florida. A common debate at the bar and on the internet regularly centers on how one state could stand on its own independently. Florida and Alabama, with $1.087 trillion in GDP, almost match Mexico at $1.14 trillion, while Texas's economy, $1.59 trillion, is close to that of Brazil at $1.74 trillion. How big is Italy compared to the US? - Quora Universal health care in most countries has been achieved by a mixed model of funding. - 2018 state GDP: $366.8 billion Florida is considered a favorite travel destination in the United States and of the world. Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. To that end, most Stacker stories are freely available to Outline Map. > Country w/ similar GDP: Nigeria ($460.5 billion) - GDP higher than: 148 of 212 countries > Country w/ similar GDP: Poland ($600.9 billion) Florida is the most populous of the southeastern states and the second most populous Southern state after Texas. For example, Californias $2.6 trillion economy is larger than all but half a dozen countries worldwide. - GDP equal to: Qatar ($191.4 billion) plus Guinea ($10.9 billion). More recent data out of the US suggests that gun ownership . Pakistan relies on mostly textiles and some pharmaceuticals to build its GDP. > Country w/ similar GDP: Angola ($101.7 billion) It is the coal production that helps put Pennsylvania past Turkey in GDP, despite Turkeys solid production of textiles, iron, and steel. population: 6.1 million (Chile: 18.1 million) Of the countrys $60.8 billion in exports, 95% are crude petroleum. 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. - GDP higher than: 159 of 212 countries > GDP: $190.9 billion Tallahassee. - GDP equal to: Romania ($239.6 billion) plus Marshall Islands ($0.2 billion). - 2018 state GDP: $368.9 billion ; Delaware is the second smallest state in the country covering 5,130 km 2, of which 5,047 km 2 is land. 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. > N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911). [4] For almost two centuries, cotton has been essential to Oklahomas economy. Australia's Size Compared | Geoscience Australia But expanding your horizons may add additional costs. 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). > Vt. population: 623,657 (Latvia: 1.9 million) - GDP higher than: 168 of 212 countries It has also been a refuge for people and groups displaced by violence. Size of Florida compared to United States - MyLifeElsewhere Singapores economy is highly developed and relies heavily on exports of computer components. - GDP equal to: Argentina ($519.9 billion) plus Monaco ($7.2 billion). Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. - 2018 state GDP: $275.7 billion Does the United States spend more per student than most countries? > Country w/ similar GDP: Lebanon ($43.2 billion) - GDP higher than: 135 of 212 countries How Accurate Is Zillow's Zestimate? | Examples & Findings ALLEN: No, Florida never went to another lockdown. - GDP equal to: Morocco ($117.9 billion) plus Benin ($10.4 billion). How Much House Can I Afford? - SmartAsset Of all the national economies in the world, Illinois $745.3 billion economy most closely matches that of Saudi Arabia. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Floridas growth compared to the rest of the world. Rhode Island As Monaco doesnt have an income tax, the country is known as a tax haven. Economic development, however, is hindered by political and social instability. > Country w/ similar GDP: Latvia ($30.2 billion) In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. A majority of Connecticuts GDP comes from private industries: manufacturing, wholesale trade, and real estate and rental leasing among the major contributors. > Iowa GDP per capita: $53,798 (Qatar: $65,694). 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. Uruguay's population has remained largely steady over the last decade. One of the nations leading coal producers, West Virginias economy is heavily based on resource extraction. > GDP: $63.9 billion - GDP higher than: 180 of 212 countries Vermont > Country w/ similar GDP: Belgium ($524.0 billion) Saudi Arabias economy is built on the back of its oil exports, and the country is a founding member of the Organization of Petroleum Exporting Countries, or OPEC. 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. - 2018 state GDP: $239.8 billion Compared to the United States it is tiny. As for COVID, Florida has some explaining to do. Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. By The News Service of Florida Jan 2, 2020 The U.S. Census Bureau on Monday released 2019 population estimates that showed Florida continues to be one of the fastest-growing states in the country. How Big is Alaska? | ALASKA.ORG Since there are, give-or-take, roughly 200 countries in the world, that means that most of them are in fact smaller than Texas. 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. Vermonts economy is far more developed, generating the same output as Latvia with about a third of the population. We jest kind of. 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. Thus, the US is 107 times bigger than Portugal. List of counties in Florida - Wikipedia - GDP higher than: 130 of 212 countries - GDP higher than: 203 of 212 countries - 2018 state GDP: $783.2 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. 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. Florida Population 2023 (Demographics, Maps, Graphs) Lets look at the U.S. versus the countries with the next dozen largest economies. - GDP higher than: 179 of 212 countries - GDP higher than: 153 of 212 countries Virgin Isl. 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. Florida has more Covid-19 cases than most countries. To help sift out China and Indias underreporting, we excluded those two countries from a third group included on the charts below. > Alaska population: 739,795 (Guatemala: 16.9 million) If your organization is interested in becoming a Stacker 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. While Alaska had one of the lowest GDPs in 2018, it still tops the combined total of Slovenia and American Samoa. - GDP higher than: 174 of 212 countries Tennessee is 154 times larger than the island nation of Singapore and is home to 1.1 million more people. Follow @TBTimes_Opinion on Twitter for more opinion news. > Md. - GDP higher than: 129 of 212 countries A former Soviet republic, Kazakhstans economy is heavily dependent on agriculture and extraction of oil and minerals, including copper and zinc. As one of the worlds largest oil exporters, the Northern European country, home to about half as many people as North Carolina, has a GDP per capita of more than $91,000, nearly double the per capita economic output of North Carolina. Alaska is near the bottom at no. > GDP: $226.6 billion Mercator's map inadvertently also pumps up the sizes of Europe and North America. GDP per capita: $45,076 (Chile: $15,060). An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. California is similar in population to Iraq, Texas is comparable to Venezuela, and all of Chile could be contained within New York. Florida has approximately 9.88% the land area of Alaska. - 2018 state GDP: $563.7 billion The population and gross domestic product figures came from the United Nations, the International Monetary Fun and the Central Intelligence Agencys World Fact Book. Benin, meanwhile, is relatively reliant on cotton. - GDP equal to: Serbia ($50.6 billion) plus Solomon Islands ($1.4 billion). All data used to create the index came from the Bureau of Labor Statistics and the U.S. Census Bureau. 2020 South Carolina Presidential Poll. > Nev. GDP per capita: $47,648 (Kuwait: $33,546). population: 3.0 million (Morocco: 35.7 million) You may also like: Best jobs that don't require a college degree, - 2018 state GDP: $202.6 billion Time to flee to New Zealand? Kentucky has a diverse economy, notable for whiskies, horse breeding, and a relatively new industry of antisera. Investing in real estate can diversify your portfolio. Florida overtook Indonesia and Mexicos economies during the past year. The way North Carolina relies on furniture, Tajikistan is reliant on minerals. 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. > Ariz. population: 7.0 million (Israel: 8.7 million) Alaskas economy depends heavily on its energy sector. how big is florida compared to other countries Michigan has a $458.8 billion GDP, roughly in line with the economic output of the South American nation of Argentina. > Conn. GDP per capita: $66,592 (Portugal: $23,117). - 2018 state GDP: $364.1 billion Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. 4. Want more of our free, weekly newslettersinyourinbox? 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 . > Md. > Conn. population: 3.6 million (Portugal: 10.3 million) Florida's economy grows to 15th largest in the world, up from 17th Singapore has a highly developed economy and is a global financial hub. population: 1.1 million (Lebanon: 6.1 million) Alaska is equal to 7.05 UKs. The list was created using 2018 GDP data (released in 2019) from the Bureau of Economic Analysis and the World Bank. - 2018 state GDP: $77.4 billion North Dakota You may also like: Best community college in every state, - 2018 state GDP: $52billion Wheat, once a strength of Oregons economy, has fallen on hard times. - GDP higher than: 191 of 212 countries > GDP: $169.2 billion How Big is Florida? - worldpopulationreview.com The population of Florida is 21,781,128, an increase of 1.1% from 2020. North Dakotas economy is roughly the size of the entire African nation of Ghana. > Country w/ similar GDP: Ghana ($50.6 billion) > Country w/ similar GDP: Russian Federation ($1.7 trillion) But the land itself is huge. Over 11,000 miles of rivers, streams and waterways are located within the state. - GDP equal to: Morocco ($117.9 billion) plus Guam ($5.9 billion). Arizona also has a slightly smaller population, with 7.0 million residents compared to Israels 8.7 million. Last decade, Cuba opened up its borders to more trade, but slowed oil trade with Venezuela is stagnating growth. Croatias economy depends heavily on tourism, and the country ranks as one of the wealthiest former Yugoslav republics. 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. Death may be inevitable for all of us, but death from COVID doesnt have to be, at least not in the large numbers weve seen so far. Putting America's Enormous $19.4T Economy into Perspective by - AEI Yikes! - GDP higher than: 164 of 212 countries Scotland has a land size of 30,415 . Even more significant is the GDP of each . Georgias $510.8 billion GDP is close to Belgiums $524.0 billion GDP. The southeastern European countrys GDP is $216.3 billion, and Louisianas is $226.6 billion. - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. Idaho 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. The countrys wealth is partially due to the discovery of oil offshore in the 1960s. > GDP: $53.5 billion > Tenn. GDP per capita: $46,925 (Singapore: $55,236). > Ala. GDP per capita: $39,523 (Kazakhstan: $10,868). Brazil. - GDP higher than: 141 of 212 countries > N.D. population: 755,393 (Ghana: 28.8 million) Similarly, Texas is the top oil and natural gas-producing state in the U.S. - GDP equal to: Ethiopia ($84.4 billion) plus Tuvalu ($42.6 million). > Ga. GDP per capita: $48,979 (Belgium: $46,079). In 2007, India's $800 billion economy was on par with Florida. That puts Alabamas GDP above the total for Greece, which is slowly rebounding from high rates of unemployment, thanks to increased GDP from mining. 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. This Canadian province is so huge that most people who live there rarely see it all. 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. More than 15% of Ohio workers are employed in the manufacturing sector compared to 10.1% of workers nationwide. State size comparison. Costa Rica sends out tons of precision instruments and prepared foods. The United States is a vast country with a large amount of land. > Country w/ similar GDP: Oman ($74.8 billion) > Fla. population: 21.0 million (Netherlands: 17.1 million) It's as wide as the lower states and larger than Texas, California, and Montana combined. The countries on this list which span six continents are in varying stages of development. - GDP higher than: 152 of 212 countries > Country w/ similar GDP: Portugal ($238.0 billion) Rhode Island has approximately 2.35% the land area of Florida. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. If youre ready to find an advisor who can help you achieve your financial goals, get started now. 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. > Country w/ similar GDP: Israel ($297.4 billion) The countrys chief exports include cotton, gas, and gold. > N.M. GDP per capita: $43,566 (Ecuador: $5,256). For reference, Iowas GDP per capita is just $53,798. population: 869,666 (Libya: 6.4 million) Iraq specializes in oil. > Minn. GDP per capita: $57,809 (Singapore: $55,236). In Algeria, oil, gas, and inorganic chemicals stabilize the economy. If Florida were a country, it . 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. today Florida, if it were an independent country, would be the 15th largest economy in the world. > GDP: $323.3 billion > N.H. population: 1.3 million (Oman: 4.6 million) Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. The country is pulling out of a major economic contraction that started in 2009. - 2018 state GDP: $1trillion > La. Minnesota It closely matches the GDP of Australia. Ethiopia is still a country with extreme poverty, but is seeing rapid growth thanks to agriculture. GDP per capita: $42,276 (Lebanon: $7,103). This page lists the total size (land plus water) and the land area for the 50 US states. 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 . - GDP equal to: Slovenia ($54billion) plus American Samoa ($0.6 billion). > N.C. GDP per capita: $47,142 (Norway: $91,219). In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. As a result, Singapore is more productive on a per capita basis. Only seven states on this list have a lower GDP per capita than their corresponding country. Its total area is 65,758 square miles. Author has 10.3K answers and 13M answer views 1 y. Italy has an area of 301,340 km2 (116,350 sq mi) while Florida has an area of 170,312 km2 (65,757.70 [6] sq mi). How Does the U.S. Economy Compare to the World's? What a bank (or other lender) is willing to lend you is definitely important to know as you begin house hunting. At home, environmental factors, new technology, and ever-changing laws cause the GDPs of some states to stagnate. This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. > GDP: $50.8 billion > N.M. population: 2.1 million (Ecuador: 16.6 million) ; Connecticut covers about 14,357 km 2 which makes it the third smallest state, of which 12,559 km 2 . - GDP equal to: Poland ($585.7 billion) plus Liechtenstein ($6.2 billion). Florida | Map, Population, History, & Facts | Britannica Vermont has a $29.6 billion economy, nearly the same size as Latvias $30.2 billion economy. That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. Kazakhstan stays afloat on strongholds in oil, iron, steel, and copper. The largest county is Palm Beach County (2,034 sq mi, 5,268 km 2) and the . If Florida were a country, where would it rank in fighting COVID? > Tenn. population: 6.7 million (Singapore: 5.6 million) - 2018 state GDP: $675.9 billion - 2018 state GDP: $189.7 billion This article represents the opinion of the Tampa Bay Times Editorial Board. - GDP higher than: 178 of 212 countries Florida overtook Indonesia and Mexico's economies during the past year. The second largest state economy in the country, the GDP of Texas rivals that of world superpower Russia. 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 . Bermuda is heavily dependent on tourism for its GDP. Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. > GDP: $238.9 billion Poland has the sixth largest economy in the European Union with a GDP of just over $600 billion, roughly in line with Ohios GDP. 2022 Texas Gubernatorial. Florida is slightly bigger than the average state, as it ranks 22nd by area. In doing so, youre agreeing to the below guidelines. South Carolina New Mexico has a GDP of $91.0 billion, in line with the GDP of the South American nation of Ecuador. Image: World Bank/Bureau of Economic Analysis. Floridas economy grows to 15th largest in the world, up from 17th. Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. - GDP equal to: Israel ($370.6 billion) plus Turks and Caicos Islands ($1billion). Texas would be able to fit much of Florida's peculiar form inside the state outline if it was kind enough to let bits of Georgia, South Carolina and Alabama in for whatever reason. Corn, soy, and wheat join apples are Washington GDP heavyweights. Why is it so cheap to live in Florida? - 2023 West Virginias GDP owes a lot to income from mining and plastics. Pandemic Approaches: The Differences Between Florida, California - 2018 state GDP: $208.1 billion - GDP equal to: Croatia ($61 billion) plus Guyana ($3.9 billion). In Somalia, livestock and telecommunications provide some economic help. > GDP: $297.2 billion > Mich. GDP per capita: $46,055 (Argentina: $10,397). Everyone knows that the top two economies in the world are China and the U.S., and the U.S. is first by a decent margin and has been top for around a century now.