How rich would your state be if it was a country?

by Lobo Tue 23 Jun 2015, 4:37 pm

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Post n°1

How rich would your state be if it was a country?

by Lobo Tue 23 Jun 2015, 4:37 pm

http://www.dailymail.co.uk/news/article-3135525/Maryland-s-GDP-big-South-Africa-s-map-America-shows-individual-states-economic-activity-major-countries.html

THEY SAY NUMBERS DON'T LIE - SO WHO IS TELLING THE TRUTH - DOOM AND GLOOM OR THE USA IS DOING VERY WELL - SEE BELOW - USE LINK FOR VIDEO

How rich would your state be if it was a country? Texas has the same GDP as Canada, and Maryland the equivalent of South Africa

California would be 8th largest economy in the world at more than $2.3trillion, about the size of Brazil
Texas, which grew by more than 5 per cent in 2014 , is second biggest, roughly on par with Canada at $1.6trillion
Even Mississippi, the poorest state by per capita GDP, has economy the same size as Slovakia at $104billion

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By DAILYMAIL.COM REPORTER
PUBLISHED: 23:23 EST, 22 June 2015 | UPDATED: 07:16 EST, 23 June 2015

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A map comparing the gross domestic products US states to other countries shows the massive scale of the country's economy.
The largest US states are seen rivaling global economic players that rank in the International Monetary Fund's top 10.
However, even small and poor American states have similar 2014 GDPs, or the values of all the goods and serviced produced during last year, to entire nations.

How rich would your state be if it was a country? 29E1C83900000578-3135525-The_individual_states_in_America_pictured_have_economic_activity-a-6_1435035724332

How rich would your state be if it was a country? 29E1C83900000578-3135525-The_individual_states_in_America_pictured_have_economic_activity-a-6_1435035724332

The individual states in America (pictured) have economic activity that rivals that of entire countries. Above, each state is labelled with a country that has a similar GDP
The new map, created by the conservative American Enterprise Institute think tank, received a new version after data was released by the Department of Commerce's Bureau of Economic Analysis.
California continued to be the most powerful economic state in the country, with a GDP of $2.3trillion that roughly rivaled Brazil's and would be the eighth largest economy in the world.
The state's 38.8million people churned out more money than countries such as India ($2.04trillion GDP), which has a population of more than 1.2billion, according to the AEI.
Other powerhouse states such as New York and Florida matched EU countries Spain and the Netherlands, respectively.

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How rich would your state be if it was a country? 29E1C85D00000578-3135525-California_has_a_diverse_economy_that_would_be_the_eighth_larges-a-1_1435035724061

How rich would your state be if it was a country? 29E1C85200000578-3135525-The_state_has_a_GDP_roughly_the_same_size_as_Brazil_s_Above_Chri-a-4_1435035724265

California, (left) which has a diverse economy that would be the eighth largest in the world on its own, has a GDP roughly the same size as Brazil's
How rich would your state be if it was a country? 29E1C86900000578-3135525-image-a-2_1435035994630

How rich would your state be if it was a country? 29E1C86900000578-3135525-image-a-2_1435035994630

New data released by the Bureau of Economic Analysis shows that area in the west of the United States experienced strong growth in 2014

FACT BOX TITLE

US State GDP (in millions)
California $2,311,616
Texas $1,648,036
New York $1,404,518
Florida $839,944
Illinois $745,875
Pennsylvania $662,890
Ohio $583,261
New Jersey $549,099
North Carolina $483,126
Georgia $476,483
Virginia $463,613
Massachusetts $459,937
Michigan $451,516
Washington $427,052
Maryland $348,631
Indiana $317,840
Minnesota $316,204
Colorado $306,663
Tennessee $300,604
Wisconsin $292,891
Missouri $284,462
Arizona $284,156
Connecticut $253,036
Louisiana $251,397
Oregon $215,677
Alabama $199,440
South Carolina $190,304
Kentucky $188,602
Oklahoma $183,501
Iowa $170,613
Kansas $147,075
Utah $141,410
Nevada $132,064
Arkansas $121,395
District of Columbia
Nebraska $112,159
Mississippi $104,851
New Mexico $92,959
Hawaii $77,389
West Virginia $75,337
New Hampshire $71,552
Idaho $63,952
Delaware $62,756
Alaska $57,080
Maine $55,838
North Dakota $55,136
Rhode Island $54,960
South Dakota $45,867
Montana $44,269
Wyoming $44,190
Vermont $29,613
Country GDP (in millions)
Brazil $2,353,025
Canada $1,788,717
Spain $1,406,855
Netherlands $866,354
Saudi Arabia $752,459
Switzerland $712,050
Nigeria $573,652
Poland $546,644
Taiwan $529,550
Norway $500,244
Austria $437,123
Iran $404,132
UAE $401,647
Colombia $384,901
South Africa $350,082
Malaysia $326,933
Singapore $308,051
Israel $303,771
Egypt $286,435
Philippines $284,927
Finland $271,165
Chile $257,968
Pakistan $250,136
Ireland $246,438
Portugal $230,012
Peru $202,948
Romania $199,950
New Zealand $198,118
Vietnam $186,049
Bangladesh $185,415
Kuwait $172,350
Hungary $137,104
Ukraine $130,660
Angola $128,564
Morocco $109,201
Ecuador $100,755
Slovakia $99,971
Oman $77,755
Belarus $76,139
Sri Lanka $74,588
Syria $71,998
Uzbekistan $62,619
Kenya $60,770
Croatia $57,159
Bulgaria $55,837
Uruguay $55,143
Ethiopia $52,335
Tanzania $47,932
Panama $43,784
Yemen $43,229
Paraguay $29,704
How rich would your state be if it was a country? 29E1C84900000578-3135525-Spain_has_roughly_the_same_GDP_as_the_state_of_New_York_at_aroun-a-3_1435035724141

How rich would your state be if it was a country? 29E1C84900000578-3135525-Spain_has_roughly_the_same_GDP_as_the_state_of_New_York_at_aroun-a-3_1435035724141

How rich would your state be if it was a country? 29E1C86500000578-3135525-Though_economic_engines_such_as_New_York_City_pictured_New_York_-a-5_1435035724272

The entire country of Spain (left) has roughly the same GDP as the state of New York (right) at around $1.4trillion
North Dakota, saw the highest per cent change in GDP with 6.3 per cent growth, largely due to increasing amounts of shale oil activity in the Bakken formation.
The boom helped it jump from about the size of Uzbekistan to about the size of Uruguay based on IMF World Economic Outlook data.
Texas, the US's second largest economy, also saw strong growth at 5.2 per cent. The growth helped it move from about the size of Australia last year to a little smaller than Canada's economy this year at $1.6trillion.
However, even Vermont, which had the smallest economy at $29billion, came just short of Paraguay's GDP.
Mississippi, which is the poorest American state at $31,551 GDP per capita, still has as large an economy as Eastern Europe's Slovakia despite its economy shrinking 1.3 per cent in 2014.
The US produced 22.4 per cent of the world's GDP in 2014, according to AEI economist Mark Perry. Bureau of Economic Analysis officials said that it grew 2.2 per cent in 2014.
At a little less than $18trillion it has the largest economy, though China's is thought to be bigger when compared using purchasing power parity.

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