How big is Florida economy compared to the world?

The Florida economy is the twelfth largest in the world. It is larger than the entire economies of Russia, South Africa, France, Italy, Australia, India, Brazil, and Venezuela combined. The per capita GDP of Florida is $50,420, making it one of the richest states in the country.

How big is Florida economy in comparison to the rest of the US?

The Florida economy is about 11% of the total US economy. California is the next most populous state with an 11% share of the national economy. The economy of Florida is larger than those of New York, Texas, Illinois, and Pennsylvania combined.

Florida economy compared to other states?

The real GDP of Florida’s economy is $1.3 trillion, which ranks eighth in the nation. As a result of its high population growth, Florida’s economy is expected to grow by 6% in the coming years.

How much does Florida economy weigh?

Florida’s economy is among the top 10 most valuable in the United States. It’s estimated that for every $1,000 spent in Florida, $1,531 is returned to the state in the form of taxes, fees, and salaries.

How big is Florida economy compared to the world economy?

The world economy is estimated to have a Gross Domestic Product (GDP) of $73 trillion dollars in 2019. Florida’s GDP is about $3.3 trillion dollars. That means Florida’s economy is about 40 percent of the world’s economy. To put it another way, Florida generates about $1.5 trillion dollars a year in economic activity.