Barring congressional changes, money will deplete by 2034, Young runners outpace the Gasparilla Distance Classic 8K field, Bucs raise ticket prices by 7.5 percent on new season-pass members, Groups gather in St. Petersburg park to shed light on local violence, Science magazine recently called Israels rising death, nations most closely watched forecasting model, Robert Kennedys killer should not go free. This analysis used COVID tracking data from the World Health Organization, Johns Hopkins University and the Centers for Disease Control and Prevention. More than three-quarters of Saudi Arabias exports are oil-related either in crude, refined, or gas form. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. $ 29,758. 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. mi. The auto industry has been a beacon of Michigans economy for almost a century. Iowa is in the rare situation of low unemployment and not enough wage growth. Washington apple producers are hoping for even more gains with the creation of the Cosmic Crisp apple. Three Cs: Cigarettes, coal, and copper are crucial to Montanas economic stability. All of the COVID death rates are measured up to Wednesday, Aug. 31. > W.Va. population: 1.8 million (Oman: 4.6 million) Mining, quarrying, and oil and gas extraction, plus transportation and warehousing are two key contributors to Alaskas GDP. > Md. Can you answer these real 'Jeopardy!' > Ariz. population: 7.0 million (Israel: 8.7 million) - GDP higher than: 203 of 212 countries - GDP equal to: Saudi Arabia ($786.5 billion) plus Guatemala ($78.5 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. > Kan. population: 2.9 million (Hungary: 9.8 million) As you can see, BC is larger than the UK (243,600 km) and Ireland (84,420 km). - GDP higher than: 192 of 212 countries - GDP higher than: 114 of 212 countries Four of America's states (California, Texas, New York and Florida . One of the wealthiest states in the country, Massachusetts has a GDP per capita of $71,456. Letsgetstarted. Hungary is home to 9.8 million people, more than triple the population of Kansas. - GDP higher than: 164 of 212 countries > N.M. population: 2.1 million (Ecuador: 16.6 million) Tourism, Florida's biggest industry, contributed $111.7 billion to the state's economy in 2016. questions about the economy? If Florida were a country, where would it rank in fighting COVID? Median Income. California is equal to 1.74 UKs. Florida encompasses 65,757 square miles, which would make it the 90th largest country in the world, according to Self Storage, and would make it just above the median size of a country. > Country w/ similar GDP: Hungary ($153.1 billion) > Country w/ similar GDP: Libya ($46.6 billion) > Alaska GDP per capita: $70,683 (Guatemala: $3,124). In Algeria, oil, gas, and inorganic chemicals stabilize the economy. 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. Surprisingly, this state tops Middle East power Saudi Arabia in GDP, and Guatemala, whose top exports include fruit, nuts, and sugar. - GDP higher than: 163 of 212 countries 1. Arizona is far larger than our Middle Eastern ally, however, at 113,990 square miles compared to Israels 8,355 square miles. 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. > GDP: $38.7 billion 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. Though they have similar GDPs, Texas has a GDP per capita roughly five times that of Russia. - 2018 state GDP: $114.8 billion But expanding your horizons may add additional costs. Copyright 2023 | Florida Chamber of Commerce | All Rights Reserved. Tobacco is also an anchor of Sri Lankas economy, along with oil and tea. The country is a major exporter of petroleum and minerals, and China and Russia are its two biggest customers. 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. > Iowa GDP per capita: $53,798 (Qatar: $65,694). Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. The only states with larger populations than Florida are California and Texas. - GDP equal to: Ethiopia ($84.4 billion) plus Tuvalu ($42.6 million). - GDP higher than: 158 of 212 countries > Ky. GDP per capita: $41,463 (New Zealand: $37,853). > Ga. GDP per capita: $48,979 (Belgium: $46,079). | Column. You may be surprised at what you find! 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. - 2018 state GDP: $73.5 billion The size of the 50 U.S. states, listed from largest to smallest. > Ark. As a result, Singapore is more productive on a per capita basis. Florida is considered a favorite travel destination in the United States and of the world. - GDP equal to: Sweden ($556.1 billion) plus Haiti ($9.7 billion). For almost two centuries, cotton has been essential to Oklahomas economy. When it comes to real estate, however, consumers should be wary of relying too heavily on estimates from websites like Zillow. 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. On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. - 2018 state GDP: $565.8 billion A former Soviet republic, Kazakhstans economy is heavily dependent on agriculture and extraction of oil and minerals, including copper and zinc. While Hawaii exports goods like pineapples and macadamia nuts, oil is its biggest export. > GDP: $70.6 billion Yes, Idahos economy is boosted by potatoes, but just as important is milk. Of all the national economies in the world, Romanias is the closest in size to that of Louisiana despite having a population over four times the size of Louisiana. Florida has more Covid-19 cases than most countries. Among the specialized products South Carolina creates are gear boxes for motor vehicles. land area is about 0.3 times the size of Washington, DC. 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. Kazakhstan is geographically large about the size of Western Europe and resource rich. Look at the usual flat map of the world and it appears that Greenland is nearly as big as Africa. It posted a record-breaking 87.3 million visitors in 2011. Vermont In other words, Alaska is approximately 10.12 times larger than Florida. In other words, Florida is approximately 42.56 times larger than Rhode Island. By GDP, however, the two are more closely matched. In its third decade of existence, North Macedonia is finally seeing notable economic growth. 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. Kentucky generated $184.7 billion in economic output in 2017, closely in line with New Zealands $181.5 billion GDP. Delaware 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. And the U.S. had the 37th highest death rate over the last month, again ending Wednesday. > GDP: $53.5 billion But ultimately, you have to live with that decision. today Florida, if it were an independent country, would be the 15th largest economy in the world. This article represents the opinion of the Tampa Bay Times Editorial Board. The population of Florida is 21,781,128, an increase of 1.1% from 2020. Georgias $510.8 billion GDP is close to Belgiums $524.0 billion GDP. Azerbaijans economy benefits from its oil reserves, but economic growth has been stifled in recent years by corruption. Investing in real estate can diversify your portfolio. > Conn. GDP per capita: $66,592 (Portugal: $23,117). 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. > Country w/ similar GDP: Cote dIvoire ($39.5 billion) Belgium has a well-developed, diversified economy with several major sectors including services, manufacturing, and technology. > Mass. - 2018 state GDP: $239.8 billion California barely edges out the entire GDP of the U.K., whose economy is struggling because of the Brexit mess. Others dont have the resources to confirm and record every death India, for instance. Same goes for comparing the last month to last week, which wasnt very good for Florida either. - GDP equal to: Egypt($250.9 billion) plus Liechtenstein ($6.2 billion). You may also like: 50 most congested cities in America, - 2018 state GDP: $168.3 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. The U.S. states that are bigger than Britain include Alaska, Texas, Oregon, Montana and New Mexico. As of 2010, California was no. > N.H. GDP per capita: $55,413 (Oman: $16,144). on - 2018 state GDP: $412.6 billion Just because a country (or two) may have more residents than a U.S. state, this does not mean its GDP is healthy. Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. > Fla. population: 21.0 million (Netherlands: 17.1 million) Simply replace the FIPS codes in the URL to generate your own comparison. North Carolina GDP per capita: $45,076 (Chile: $15,060). Utah > Wis. population: 5.8 million (Israel: 8.7 million) > GDP: $148.5 billion Rhode Islands $53.5 billion GDP is about the same as the GDP of Slovenia, a country with nearly twice as many people. 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. 2. storytelling. - 2018 state GDP: $865.3 billion Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. Benins new free market economy is showing signs of growth, with cotton as an anchor. 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. COVID changed the world and the global economy, and the new numbers for 2020 are out, showing Florida's growth compared to the rest of the world. Starting with the basics, the World Health Organization and Johns Hopkins University track COVID cases and deaths in about 238 nations. Among Virginias major exports are road tractors for semi-trailers, spacecraft, and tobacco. 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. Nebraskas 1.9 million residents produce an economic output of over $111 billion, close to that of the Slovak Republic, or Slovakia. At 65,758 square miles, Florida is a mid-sized state, ranking as the 22nd largest in the US. Key Facts. - 2018 state GDP: $257.3 billion Texas and Brazil. We've had - Florida's have fewer cases per capita than California. 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. New Jersey Motor vehicles and parts also are important to Argentinas GDP. Ores, precious stones, and metals are important to South Africas GDP. Still, Croatias GDP of $63.2 billion is closely in line with Delawares $63.9 billion economy. > R.I. population: 1.1 million (Slovenia: 2.1 million) > GDP: $45.4 billion - 2018 state GDP: $348.3 billion Arkansass GDP tops Moroccos, even though the country boasts a diverse economy made up from lively agriculture, aerospace, and phosphates industries. In Ecuadors economy, wood products and seafood are bountiful. GDP per capita: $66,419 (Croatia: $15,322). > GDP: $44.4 billion Arkansas, the state where Wal-Mart was founded, is heavily reliant on manufacturing. Thanks in large part to its energy sector, Alaskas $52.3 billion GDP is closely aligned with that of Guatemala, a country with a population nearly 23 times that of Alaska. - GDP higher than: 191 of 212 countries > GDP: $226.6 billion Though Iraq is not often considered an economic powerhouse, it has a GDP of over $200 billion very similar to Oregons economic output. In other words, the United States is 14 times larger than Texas. - GDP higher than: 202 of 212 countries Both economies are largely focused on manufacturing more than 40% of Polands exports are manufactured goods like cars and computers. 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. Hungary has a varied economy, exporting different products like computers, cars, medical equipment, and more. But it's . New Hampshire is another state where civilian aircraft, engines, and parts are prime exports. Suriname (163,820 km) Tunisia (163,610 km) Uruguay (181,034 km) Cambodia (181,035 km) Syria (185,180 km) Compared to Largest State. population: 6.7 million (Singapore: 5.6 million) 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. Michigan North Carolina is considered by some as the furniture capital of the world, but it boasts strong finance and insurance industries, too. Not only do Colorado and Singapore have similar GDPs, but also their population size is nearly identical at around 5.6 million. Oil has pumped billions into North Dakotas GDP numbers over the past decade. This crisis is ongoing. Professional, scientific, and technical services boost Marylands GDP, but liquified natural gas is a new economic stimulator. - GDP equal to: Zimbabwe ($31billion) plus Central African Republic ($2.2 billion). In Sri Lanka, government debt accounts for about 79% of its GDP. Internal corruption and uncertainty in the European Union have similarly worsened Romanias economic outlook. > Wis. GDP per capita: $50,431 (Israel: $34,135). Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. > Country w/ similar GDP: Croatia ($63.2 billion) questions about the economy? Do Politicians Understand Your Business? 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. Nevada - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). - 2018 state GDP: $77.1 billion The state would have the highest death rate in our country comparison, no matter the time frame. > Wash. population: 7.4 million (Norway: 5.3 million) > Va. GDP per capita: $54,730 (Nigeria: $2,412). 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. However, because Norway is home to about 1.6 million fewer people than Massachusetts, its GDP per capita is even higher, at $91,219. 2022 Florida Gubernatorial. > Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion) > GDP: $63.9 billion Tennessee > Pa. population: 12.8 million (Saudi Arabia: 32.9 million) State size comparison. Finding a qualified financial advisor doesnt have to be hard. Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. - GDP equal to: Canada ($1.7 trillion) plus Sri Lanka ($88.9 billion). 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. . Due in part to its close proximity to Western Europe, Moroccos largest trading partners are Spain and France. Alaska, which is the largest state, has among the lowest state populations in the country. Compare your state to Alaska. A great tool for educators. Thats enough for now to hold off Israel, a country that continues to have a rapidly growing economy, thanks to a bustling tech industry. America's second-largest state economyTexasproduced nearly $1.9 trillion of economic output in 2019, which would have ranked the Lone Star State as the world's 9th largest economy last year. Latvia, meanwhile is all about processingfoods, metals, and woodas part of its trade strategy. Malaysia has a large tourism industry and is benefitting from a growing manufacturing sector. 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.
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