How rich is your state compared to the rest of the world? California has a larger GDP than the United Kingdom and Texas’s economy is bigger than Canada
- Map shows how each US state’s economy stacks up to countries around globe
- California is not only largest state in US by GDP, it has fifth largest GDP in world
- After CA and Texas, New York unsurprisingly rounded out the top three of the list with $1.70trillion, surpassing Korea’s economy at $1.66trillion
- Rounding out the top five were Florida ($1.04trillion) and Illinois ($868billion), who were compared to Mexico ($1.20trillion) and the Netherlands ($910billion)
The US once again had the highest GDP in the world in 2018, and many individual states stacked up to the economic output of countries all across the world as well.
A new map by HowMuch.net shows just how each state in the US compares to a country around the globe, revealing that even America’s smallest states are holding their own.
America’s economy hit $20.5trillion in GDP in 2018, and 2.97 trillion of that came solely from California.
California is not only the largest state in the US by GDP, it is also the fifth largest economy in the world.
A new map shows just how each US state’s economy compares to a country across the world, revealing that even America’s smallest states are holding their own
It even surpasses the United Kingdom, whose 2018 GDP clocked in at $2.81trillion.
California last had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession.
Since then, the largest US state has added 2 million jobs and grown its GDP by $700billion.
California’s economic output is now surpassed only by the total GDP of the US, China, Japan, and Germany.
Following behind California in the state GDP ranking was Texas at $1.78trillion.
They say everything is bigger in Texas, and that at least is true when it comes to comparing the state to Canada’s economy – which hit $1.73trillion in GDP in 2018.
New York unsurprisingly rounded out the top three of the list with $1.70trillion, surpassing Korea’s economy at $1.66trillion.
The Big Apple has a population of only 8 million, while South Korea alone has 51 million residents.
Rounding out the top five were Florida ($1.04trillion) and Illinois ($868billion), who were compared to Mexico ($1.20trillion) and the Netherlands ($910billion), respectively.
But even some of the smallest US states are holding their own with countries across the globe.
Wyoming, which has the smallest population of the states at less than 600,000 people, hit a GDP of $41billion – almost tied with Jordan, which has a population of 9 million people.
And Vermont, which is the country’s smallest state in terms of GDP at $34billion, has a larger GDP than Sudan (which tracks at $33billion).
The map was laid out by comparing state-level data from the U.S. Department of Commerce Bureau of Economic Analysis and foreign nation data from the International Monetary Fund.