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Jan 27, 2021 · Gross Domestic Product is a measurement of the size and strength of an economy. As of 2019, the United States has a GDP of $21.4 trillion, making it the world’s largest economy, followed by China, Japan and Germany, according to the IMF. Texas has a GDP of $1.9 trillion.
- This Map Compares The Size of State Economies with Entire Countries
- States as Countries
- Sum of The Parts
The United States is the world’s largest economy, but sometimes it’s easy to forget just how massive a $19 trillion economy actually is. The only comparable economy in size would be China, but unfortunately the incredible scope of China’s economic boom is something that is also difficult for foreigners to wrap their heads around. We’ve tried to do ...
Today’s infographic comes to us from the Carpe Diem blogdone by Mark Perry at the American Enterprise Institute. It matches the size of U.S. state economies, based on nominal GDP numbers, with comparable countries around the world. For example, the state of Texas ($1.7 trillion) is roughly the equivalent of Canada ($1.65 trillion), while Maine ($61...
By looking at the United States in this unique way, we really get a better sense of the scale of the country’s economy as a whole. Add together just the states of California, Texas, and New York, and you’ve got an economy the size of the United Kingdom, Canada, and South Korea put together. And with each additional state, you’re adding significant ...
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Aug 30, 2023 · In the 3rd quarter of 2023, the real GDP for Texas was $2.5 trillion in goods and services per year. Gross domestic product (GDP) is the primary measure of an area’s economy. Real GDP adjusts the measure for inflation allowing for comparison across time.
Apr 17, 2019 · Texas • GDP: $1.6 trillion • Country w/ similar GDP: Russian Federation ($1.7 trillion) • Texas population: 28.3 million (Russian Federation: 144.5 million)
Texas vs. the U.S. Based on data from the World Bank and the U.S. Bureau of Economic Analysis, if Texas were a nation, it would rank as the world’s eighth largest economy in terms of GDP. Exhibit 24 shows how Texas ranks among other states and the nation on several demographic and economic measures. Exhibit 24
Texas counties by GDP 2021. The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.355 trillion as of 2022. [8] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [9]
Jul 22, 2022 · The representations in this graphic illustrate the actual geographic size of Texas and each country. Sparefoot also factored in extra data about each nation for their comparisons (Population,...
