Which US state ranks among the top 5 in GDP?

Which US state ranks among the top 5 in GDP?

Here are the 10 states with the highest GDP:

  • California (3,120,386 million)
  • Texas (1,772,132 million)
  • New York (1,705,127 million)
  • Florida (1,111,614 million)
  • Illinois (875,671 million)
  • Pennsylvania (788,500 million)
  • Ohio (683,460 million)
  • Washington (632,013 million)

Which states are contributing the most to US GDP?

While a lot of states are in that percentage range, there are some economic powerhouses that surpass that goal easily. The seven most populous states, California, Texas, Florida, New York, Illinois, Pennsylvania and Ohio are also the seven biggest contributors to U.S. GDP, according to the Bureau of Economic Analysis.

Where does the US rank in GDP per capita?

5
In the ppp per capita, Luxembourg is ahead of 2nd ranked occupier Ireland by a good margin of Int. $15,209….GDP (Nominal) per capita Ranking.

Code USA
Country/Economy United States
GDP per capita (Nominal) ($) 2020 63,358
Rank 5
2021 69,375

Which US state has the best economy 2021?

Utah
The economy is recovering in 2021 in terms of its gross domestic product, but it may be a few years before the labor market recovers fully, and the COVID-19 pandemic has exposed deep fissures in the country’s economic equality. Utah is the top state for economy.

Where does California rank in economy?

Economic Outlook Rank California is currently ranked 48th in the United States for its economic outlook.

What states are in best financial shape?

Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.

Who has more money Texas or California?

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 $2.0 trillion as of 2021.

Is America a wealthy country?

United States. With resource-rich land and the biggest economy in the world, the United States has a strong purchasing power. It supplies its energy and can export its oil and gas for profit, and the size of its economy and the high rate of real GDP growth goes unmatched by any other country.

  • August 17, 2022