What is the 9th largest economy in the world?
TEXAS
“This serves as proof of the success of a long-term strategy to make Texas the best place to start or relocate a business,” said Robert Allen, president and CEO of the Texas Economic Development Corporation.
What are the 10 largest economic in the world?
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- United States. Nominal GDP: $22.66 trillion.
- China. Nominal GDP: $16.64 trillion.
- Japan. Nominal GDP: $5.38 trillion.
- Germany. Nominal GDP: $4.32 trillion.
- United Kingdom. Nominal GDP: $3.12 trillion.
- India.
- France.
- Italy.
Is Texas richer than California?
A large part of this difference between California and Texas, however, is driven by differences between the two states in GDP per capita, which is 22 percent higher in California ($79,405) than in Texas ($65,077) (BEA, 2020).
Which state has the largest economy?
California
The United States has the largest gross domestic product in the world as of 2020, with China, Japan, Germany, and India rounding out the top five….
| State | GDP in billion current U.S. dollars |
|---|---|
| California | 3,091.87 |
| Texas | 1,759.73 |
| New York | 1,699.04 |
| Florida | 1,095.89 |
What country has the #1 economy?
the U.S.
1. United States: USD 25.3 trillion in 2024. FocusEconomics panelists see the U.S. retaining its title as the world’s largest economy, with a forecast for nominal GDP of USD 25.3 trillion in 2024.
What state is the best economy?
Utah
State Economy Rankings
| Overall Rank | State | Total Score |
|---|---|---|
| 1 | Utah | 78.28 |
| 2 | Washington | 72.04 |
| 3 | California | 66.83 |
| 4 | Massachusetts | 65.74 |
Where is California economy ranked in the world?
The economy of the State of California is the largest in the United States, boasting a $3.0 trillion gross state product (GSP) as of 2020. If California were a sovereign nation (2020), it would rank as the world’s fifth largest economy, ahead of India and behind Germany.
Who has a higher GDP than California?
State and country data
| # | Country | GDP (USD million) |
|---|---|---|
| 2 | China | 14,140,163 |
| 3 | Japan | 5,154,475 |
| 4 | Germany | 3,863,344 |
| 5 | California (U.S.) | 3,375,121 |
Which is the richest country in the world?
World’s 5 Richest Nations By GDP Per Capita
- Luxembourg. GDP per capita: $131,781.72. GDP: $84.07 billion.
- Switzerland. GDP per capita: $94,696.13. GDP: $824.74 billion.
- Ireland. GDP per capita: $94,555.79. GDP: $476.66 billion.
- Norway. GDP per capita: $81,995.39. GDP: $444.52 billion.
- United States.
How big is the economy of California compared to other states?
California’s GDP compared to other states and countries The economy of the State of California is the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. If California were a sovereign nation (2019), it would rank as the world’s fifth largest economy, ahead of India and behind Germany.
What are the major economic sectors of California?
The most dominant sectors of California’s economy are agriculture, science and technology, trade, media and tourism. As the most populous US state as well as a coastal state, the economy of California is quite varied, with each sector performing in equal footing.
Why is Texas the 9th largest economy in the world?
” Texas’ ranking as the world’s ninth largest economy is because of the hardworking men and women of the Lone Star State, our commitment to economic freedom, our state-of-the-art infrastructure and business climate. As we cultivate an environment of growth and opportunity, Texas will continue to build an even brighter future for all Texans.”
Where does California rank in terms of GDP?
The U.S. Central Intelligence Agency (CIA) and the International Monetary Fund (IMF) are among those that rank national GDPs using methods similar to, but a bit different from, those of the World Bank. In 2013, based on CIA and IMF data, California’s economy would rank about seventh or eighth in the world. Alternative GDP Comparisons.