A new map shows just how massive the United States’ $17 trillion economy truly is.
The graphic, made by Business Insider, shows how the economies of each of the 50 U.S. states and Washington, D.C., compare to other countries around the world.
For example, Texas’ $1.65 trillion GDP (the monetary value of all the finished goods and services produced within a country’s borders in a certain period of time) is just ahead of Saudi Arabia’s $1.62 trillion economy, and comparable to the 15th largest economy in the world. Texas accounts for about 10 percent of the total U.S. GDP.
California’s economy is the seventh largest in the world, with a GDP of $2.3 trillion in 2014, making it comparable to the United Kingdom, the world’s sixth-largest economy.
Business Insider used the latest data from the US Bureau of Economic Analysis and the CIA World Factbook to reach its conclusions.
According to the data, the U.S. states with the fastest-growing economies are Oregon ($216 billion), Colorado ($307 billion), West Virginia ($75 billion), Wyoming ($44 billion), Texas ($1.6 trillion), and North Dakota ($50 billion).
Love the map, which very correctly reflects where things currently stand. California is expected to leapfrog over the UK to 5th place sometime next year, further changing econopolitical dynamics on the global stage. It’s interesting to observe but quite fascinating to be in the midst of.
It is interesting to see New Jersey at par with Venezuela: a country becoming a failed state!?
Wherever the Yanks go they seem to make the place into a failed state.
On a side note, as a matter of fact this is not impressive, Montana is 100 times bigger than Trinidad and Tobago, which is a tiny island of mere 1,500 sq. miles and with less population than Montana; Montana should do better.
Montana is too cold in the winter and too desolate to sustain a powerhouse economy. Montana is pretty much Alaska in the continuous USA. Lots of state parks and wildlife. A bona fide state park and hunting playground, lol. If the UK was a US state, it would be one of the poorest.
Missed one, California BIGGER than Russia. Yes, big bad Russia is smaller than the UK, smaller than CA, it’s defense spending is 1/10 the US’s alone, 1/14 all of NATO. The only way they exist in the news is by using under the table bribes and kickbacks to keep Europe hooked on it’s energy, via cheap energy deals with Europe’s richest CEO’s (which they mark up to the highest in the world before selling to the European people). No relief for the European people if their gov’ts decide to stop paying for 20% of Russia military (yes, without European energy sales 20% of Russian soldiers would go without pay or food, 20% of tanks stop for lack of fuel and ammo) by banning importing cheap Russian energy. They’d have to buy oil at global rates which would rise back to $90 range, and import LNG through their two dozen import terminals.
Russia exists in the news because Russia has huge nuclear forces that rival the USA. This is where Russia gets its power from. Otherwise, Russia would be a Second World Country above the First World Countries in Western Europe, lol.
Viva USA ………… Super great country and super economy………. We love democracy. 17*10^12 USD GDP 🙂
Might I say, it’s FREEDOM, rather than DEMOCRACY, that’s to credit, here?
Don’t mix them up!
Umm actually the reason would be CAPITALISM. don’t mix those up.. ; )
Try capitalism mixed with moderate socialism, economically, with a democratic-oligarchic polity, if we want to be specific.
Survival of large firms on development of slate gas in the USA – this is naturally, there they use most favored nation basis. Problems by ecological for Americans will begin later, they begin already. How many Americans will want forever to abandon the USA? Millions? A few millions? And if there will tens of millions of Americans want to transmigrate in environmentally clean districts of Earth? The problem of ecology in the USA in connection with the booty of slate gas is inevitable, and to decide this problem technical equipments it will be IMPOSSIBLY. Even if the USA will be spent in one hundred times by more money and facilities on treatment of nature, than they spend for development of slates.
California will surpass the British economy in a few years time. However, that doesn’t suprise Brits. Hence, the British Empire is the largest Empire that ever fell. And the British Empire fell because of America and WW2. The British were defeated by America in the Revolutionary War with the help of France. After WW2 the British were still hanging on, but the British finally fell during the Sunez Crisis when America refused to stand by the British. Like I said, WW2 and America caused the British to fall from the World stage. Sure, the Brits still have the Commonwealth of Nations, but that’s just a club and any member can leave at anytime, lol.
Nevertheless: The Finishing Move came during the American Revutionary war!! How, why? Because if an Empire can’t hold on to its colony, that Empire will not be in the Empire building business very long. On record, the British Empire lasted from 1707-1945. Almost 250 years. And the UK is only 69 years older than the USA. China might surpass the USA in 20 years, but the USA was never an Empire, just a country, lol.
Well written MrCalifornia – in English – they don’t call it Americanish. Just one of the many things given to US by Great Britain – along with much of your culture, legal and political system.