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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. 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. Wed miss the sunshine and the states lubricous politicians, and Kiwi-man stories couldnt possibly hold a candle to their Florida-man equivalents. In 2021 the population of Texas was about 29.53 million people which is roughly 8.8% of the total US population of 332 million people. > Del. > R.I. GDP per capita: $50,446 (Slovenia: $25,662). 24/7 Wall St. matched each state to the country with the most similar GDP. Croatia creates fabricated metals and machine tools, while Guyana has seen a boost in gold production, which has compensated for declining sugar production. > Neb. The average population of Florida's counties is 325,091; Miami-Dade County is the most populous (2,662,777) and Liberty County is the least (7,900). Germany's area is approximately 137,847 square miles (or 357,022 square kilometers if you're German). > N.H. population: 1.3 million (Oman: 4.6 million) Alaska is the biggest state in the union. Median Income. > Va. GDP per capita: $54,730 (Nigeria: $2,412). - 2018 state GDP: $189.7 billion > Wash. GDP per capita: $64,937 (Norway: $91,219). As you can see, BC is larger than the UK (243,600 km) and Ireland (84,420 km). - GDP equal to: Poland ($585.7 billion) plus Sri Lanka ($88.9 billion) Tobacco, the auto industry, and aircraft industry make up some staples of Ohio's GDP figures. Though Washington is one of the more productive states relative to its size with a nearly $65,000 GDP per capita, Norways per capita output of over $91,000 is greater. Foreign direct investment in Bangladesh has the Asian country close to surpassing Connecticuts GDP, while San Marinos economy is heavily dependent on Italy. 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. > Tenn. population: 6.7 million (Singapore: 5.6 million) - GDP equal to: Singapore ($364.2 billion) plus Eritrea ($2.6 billion). about 0.3 times the size of Washington, DC. - GDP equal to: Croatia ($61 billion) plus Guyana ($3.9 billion). Editorials are the institutional voice of the Tampa Bay Times. Louisiana - 2018 state GDP: $77.4 billion Tech jobs have made Massachusetts a state with a healthy GDP, and the Bay State sends goods to India, China, and Singapore with regularity. - GDP higher than: 195 of 212 countries Largely through its chemical, petroleum refining, and highly mechanized agriculture sectors, the country bordered by Belgium, Germany, and the North Sea regularly maintains a trade surplus, exporting more than it is importing. > Ore. GDP per capita: $50,138 (Iraq: $5,450). Finding a qualified financial advisor doesnt have to be hard. - GDP equal to: Costa Rica ($60.1 billion) plus Tonga ($0.5 billion). That makes Italy 1.77 times as large as Florida. Visually speaking, Canada and Russia appear to take up approximately 25% of the Earth's surface, when in reality they occupy a mere 5%. Rhode Island has a total area of 3,144 km 2, including 438 km 2 of water. > Country w/ similar GDP: Poland ($600.9 billion) It is interesting to compare land area, total population and GDP. population: 4.7 million (Romania: 19.6 million) > GDP: $91.0 billion > Mont. - GDP higher than: 157 of 212 countries That oil may go to fueling the aircrafts that regularly fly into Macau, which is a destination for gambling. - 2018 state GDP: $592.2 billion Its another example of why many Americans can expect to get a booster shot in coming weeks and months. GDP per capita: $42,276 (Lebanon: $7,103). - 2018 state GDP: $527.1 billion > Wis. GDP per capita: $50,431 (Israel: $34,135). - GDP higher than: 148 of 212 countries Peru had the highest rate. > GDP: $297.2 billion Motor vehicles, iron, and steel buoy Swedens economy. Alaska is near the bottom at no. - GDP higher than: 160 of 212 countries > Alaska GDP per capita: $70,683 (Guatemala: $3,124). This isnt a theoretical analysis, nor are we looking at something that happened years ago. Texas and Brazil. Colorado is projected to have slower growth in its economy, but low unemployment rates have brightened its financial forecast. Egypts economy is hard to gauge due to political factors, but oils and textiles have traditionally buttressed the country. Florida is an outlier on this list in that its GDP per capita of $42,085 falls below the GDP per capita of the country with most similarly sized economy $53,598 in the Netherlands. - 2018 state GDP: $124billion From an economic perspective, the 2 trillion dollar Texas economy is about 8% of the 25 million dollar US economy. GDP per capita: $66,419 (Croatia: $15,322). - 2018 state GDP: $50.3 billion > GDP: $322.4 billion 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. > N.D. GDP per capita: $67,244 (Ghana: $1,756). By clicking Accept, you consent to the use of cookies. On a per capita basis, Singapore is wealthier than Tennessee. > GDP: $52.3 billion republish under a Creative Commons License, and we encourage you to 24/7 Wall St. identified the country with the GDP that most closely matches the size of the economy of each state. Norway recently developed into a major exporter of petroleum after discovering offshore reserves. - GDP equal to: Hungary ($157.9 billion) plus Chad ($11.3 billion). No corner of the country was untouched by the pandemics economic consequences but some states have emerged better off than others. population: 961,939 (Croatia: 4.1 million) > Miss. A coastal country, Chile also exports seafood and wine. Arkansas > R.I. population: 1.1 million (Slovenia: 2.1 million) 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. 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. > Maine population: 1.3 million (Azerbaijan: 9.9 million) Some have highly advanced innovation-driven economies, while others are dependent on resource extraction or agriculture. Connecticut - 2018 state GDP: $233.9 billion 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: $150.1 billion Investing in real estate can diversify your portfolio. Geographic location has been the key factor in Florida's long and colourful development, and it helps explain . New York However, the mass presence of fossil fuels in the states economic process has drawn criticism from some circles. > Kan. population: 2.9 million (Hungary: 9.8 million) - GDP equal to: Iraq ($224.2 billion) plus Haiti ($9.7 billion). 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. Still, Tennessee and Singapore have similarly sized economies, at $315.1 billion and $310.0 billion, respectively. 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. Florida overtook Indonesia and Mexicos economies during the past year. > GDP: $590.7 billion > N.H. GDP per capita: $55,413 (Oman: $16,144). You may also like: The most conservative public colleges in America, - 2018 state GDP: $93.8 billion > Iowa population: 3.1 million (Qatar: 2.6 million) - GDP equal to: Kazakhstan ($179.3 billion) plus Benin ($10.4 billion). Virginia has a massive $463.6 billion economy, in line with the total economic output of Nigeria, the most populous country in Africa. New data shows that today Florida, if it were an independent country, would be the 15th largest economy in the world. > Country w/ similar GDP: Iraq ($208.6 billion) Science magazine recently called Israels rising death count a grim warning that vaccinations have blunted but not defeated the delta variant. Though Saudi Arabia and Pennsylvania have similarly sized economies, the Middle Eastern country has a larger population by over 20 million. But expanding your horizons may add additional costs. The same forecast showed that if nearly everyone wore masks in public indoor spaces, we could cut the increase in deaths in half. It closely matches the GDP of Australia. > Country w/ similar GDP: Ecuador ($87.4 billion) This Canadian province is so huge that most people who live there rarely see it all. - 2018 state GDP: $366.8 billion - GDP higher than: 147 of 212 countries - GDP higher than: 152 of 212 countries Like West Virginia, Oman is also resource rich. Conversely, a relatively small amount of New Jerseys economic output comes from natural resources. Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists. Meanwhile, Wisconsins manufacturing industry employs 17.9% of workers in the state, well above the sectors 10.1% national average employment. But what if Florida were a country? Aluminum is one of Cameroons main industries, while Sao Tome and Principe is known for its cocoa bean industry. Construction, real estate and rental and leasing, and health care and social assistance are a few industries that make Floridas GDP so robust. GDP per capita: $66,776 (Cte dIvoire: $1,626). On the opposite end of the spectrum, Singapore is tethered to machinery and oil, with Eritrea reliant on mining. As of Wednesday, the United States ranked 25th highest for COVID deaths per 100,000 residents since the start of the pandemic. > Ga. GDP per capita: $48,979 (Belgium: $46,079). mi. Colorado - 2018 state GDP: $56.1 billion Compared to Smallest State > Country w/ similar GDP: Cote dIvoire ($39.5 billion) The U.S. is still ahead in a race no one wants to win. An important observation: Israel has a high vaccination rate and enjoys a robust health care system accessible to most residents. Missouris $275.6 billion GDP most closely matches that of Chile, though the South American country has nearly three times the population of the Show Me State. Per capita GDP by country was calculated by the World Bank and is current as of 2017. > W.Va. population: 1.8 million (Oman: 4.6 million) - GDP higher than: 172 of 212 countries - GDP equal to: Israel ($370.6 billion) plus Turks and Caicos Islands ($1billion). Florida has approximately 9.88% the land area of Alaska. > N.C. GDP per capita: $47,142 (Norway: $91,219). > Md. | Analysis. Surprisingly, this state tops Middle East power Saudi Arabia in GDP, and Guatemala, whose top exports include fruit, nuts, and sugar. 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. - GDP equal to: Algeria ($173.8 billion) plus Sierra Leone ($4.1 billion). Wales takes up 8,018 square miles, and New Jersey is the closest state in size at 7,354 square miles. $ 29,758. Wyomings economy is also largely resource based. North Carolina Arkansas economy generated $114.0 billion in 2017, roughly in line with the GDP of Morocco, a North African nation with a population nearly 12 times that of Arkansas. 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. Tennessee is 154 times larger than the island nation of Singapore and is home to 1.1 million more people. Reddit user Landmarker1YT created a map that makes it easy to visualize which states are comparable, population-wise, to some countries. Oil has pumped billions into North Dakotas GDP numbers over the past decade. - 2018 state GDP: $257.3 billion U.S. national defense spending is the heart and soul of Guams economy. New Jersey The U.S. states that are bigger than Britain include Alaska, Texas, Oregon, Montana and New Mexico. > GDP: $79.5 billion Rhode Island has approximately 2.35% the land area of Florida. - 2018 state GDP: $1trillion The Florida Chamber thanksGovernor DeSantis for his continued leadership and for keeping Floridas economy open during the global pandemic. Portugal's Atlantic coastline is 837 kilometers long, about 520 miles. 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. > Utah GDP per capita: $48,376 (Hungary: $15,648). 2022 California Gubernatorial. . 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 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. distribution partner, email us at Image: World Bank/Bureau of Economic Analysis. Outside of government and government enterprises, real estate and rental and leasing are major factors in Mississippis GDP. Indianas $321.1 billion economy is only slightly larger than Singapores $310.0 billion economy. - GDP higher than: 135 of 212 countries - GDP equal to: Sweden ($556.1 billion) plus Nicaragua ($13.1 billion). Missouri counts on motor vehicles (particularly motorcycles), corn, and pork to steady their economy. > Country w/ similar GDP: Slovenia ($53.0 billion) In Mauritania, the economy is focused on agriculture and raising livestock. Often, however, they have far more developed economies and therefore higher GDPs per capita than the comparable country. Wyoming One of the nations leading coal producers, West Virginias economy is heavily based on resource extraction. Of all the nations in the world, Colorados $323.3 billion economy most closely matches that of Singapore. State populations and employment concentration by industry came from the U.S. Census Bureaus 2017 American Community Survey. They often offer low investment fees, helping you maximize your profit. Californias massive economy is bolstered by its nearly 40 million residents and a diverse range of industries, from agriculture to technology. What about over the last month, ending Wednesday? > Ohio GDP per capita: $50,666 (Poland: $15,823). Similar-Sized Countries. 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). - GDP equal to: South Africa ($368.3 billion) plus Dominica ($0.6 billion). You may also like: Best community college in every state, - 2018 state GDP: $52billion > Vt. population: 623,657 (Latvia: 1.9 million) > GDP: $29.6 billion Floridas growing economy is on the right path forward as the Florida Chamber Foundation, through its. The American state with the biggest economy is California, which, in 2015, produced $2.44 trillion of economic output. - GDP equal to: Sweden ($556.1 billion) plus Tajikistan ($7.5 billion). Washington is one of three states, along with Massachusetts and North Carolina, that has an economic output most similar to that of Norway. West Virginias GDP owes a lot to income from mining and plastics. 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 . Qatars $173.4 billion GDP is only slightly higher than Iowas $169.2 billion GDP even though it is home to half a million fewer people than the Midwestern state. - 2018 state GDP: $39.1 billion 1 in GDP, followed by Texas and New York. One key contributor to Georgias economy is a growing film industry. - GDP equal to: Turkey ($771.4 billion) plus Channel Islands ($11.5 billion). More recent data out of the US suggests that gun ownership . This crisis is ongoing. But the delta variant has still infiltrated those defenses. Subscribe to our free Stephinitely newsletter. 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. British Indian Ocean Territory. as well as image rights, data visualizations, forward planning tools, GDP per capita: $37,930 (Morocco: $3,292). This article represents the opinion of the Tampa Bay Times Editorial Board. Economic development, however, is hindered by political and social instability. North Dakotas economy is roughly the size of the entire African nation of Ghana. Michigan Oregon > Country w/ similar GDP: Norway ($481.8 billion) Sierra Leone is almost exclusively reliant on mining. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippis population. 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. A resource-rich state, Alaskas 1.6 billion barrels of proved crude oil reserves is more than all but five other states. 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. Simply replace the FIPS codes in the URL to generate your own comparison. Theres a dose of luck, but its hardly a coincidence that Canada and Germany, for instance, have higher vaccination rates and lower COVID death rates than the United States. > Ore. population: 4.1 million (Iraq: 38.3 million) > Country w/ similar GDP: Israel ($297.4 billion) Or they obviously cook the numbers to disguise the extend of the problem were looking at you, China. 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. Tech industries have certainlyboosted the Golden States economyThe Guardian recently noted how Silicon Valley alone would be one of the worlds richest countries. Nearly three-quarters of Irans 2017 exports, worth roughly $54 billion, are in petroleum. Georgia The average land area is 805 sq mi (2,085 km 2 ). All index components used to create this ranking were included at equal weight. The population of Florida is 21,781,128, an increase of 1.1% from 2020. > Country w/ similar GDP: Oman ($74.8 billion) Washington, D.C., and U.S. dependencies are included as well. > N.M. GDP per capita: $43,566 (Ecuador: $5,256). In some cases, small areas produce a bigger GDP than larger, as in the case of New Jersey: no. - GDP higher than: 189 of 212 countries The nations GDP per capita is below $5,000. If youre an investor looking to minimize expenses, consider checking out online brokerages. Nicaragua counts on beef, gold, and coffee. Additional sources of info were the U.S. Census, the CIAs World Factbook, university business databases, and newspaper and business journal articles. Africa is bigger than China, India, the contiguous U.S. and most of Europecombined! Some are diligent. If Florida were a country, where would it rank in fighting COVID? Costa Rica sends out tons of precision instruments and prepared foods. The most recent OECD study -- from 2014 using 2011 data -- shows that the United States . Californias $2.6 trillion economy is the largest of any state. questions about the economy? > Country w/ similar GDP: Latvia ($30.2 billion) questions about the economy? In an international context, however, we find that the population sizes of many US states make them comparable to numerous foreign countries. - GDP equal to: Sri Lanka ($88.9 billion) plus Somalia ($4.7 billion). 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. The only states with larger populations than Florida are California and Texas. But it's . - GDP equal to: Nigeria ($397.3 billion) plus Albania ($15.1 billion). - GDP higher than: 194 of 212 countries 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. Its GDP per capita is less than one-third that of Utah. - 2018 state GDP: $865.3 billion If Florida were a country, it . But expanding your horizons may add additional costs. Technology has made our lives easier in many ways. > Country w/ similar GDP: Myanmar ($79.5 billion) PAGE CREATED ON : 12/03/2022 LAST UPDATED DATE : 12/03/2022 But it doesnt have to be that way. - GDP equal to: Macao SAR, China ($55.1 billion) plus Vanuatu ($0.9 billion). > GDP: $100.1 billion population: 1.1 million (Lebanon: 6.1 million) Alaska - State population (2019): 3.6 million - State population greater than: 86 of 216 countries. > GDP: $148.5 billion Florida is considered a favorite travel destination in the United States and of the world. 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. 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. 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