What state has the highest gdp

With tax season approaching, SmartAsset examined the size of the average tax bill in each state and ranked them from highest to lowest. Calculators Helpful Guides Compare Rates Lender Reviews Calculators Helpful Guides Learn More Tax Softwa...

What state has the highest gdp. Countries with the highest share of GDP generated by direct travel and tourism worldwide in 2019. Characteristic. Share of GDP from travel and tourism. Macau. 50.2 %. Maldives. 32.5 %. Aruba. 32 %.

GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. CSV XML EXCEL. DataBank. Explore Our DataBank. WDI Tables. Thematic data tables from WDI. All Countries and Economies. Country. Most Recent Year. Most Recent Value (Millions)

Gross domestic product (GDP) by state is the market value of goods and services produced by the labor and property located in a state. GDP by state is the state counterpart of the nation's GDP, the Bureau's featured and most comprehensive measure of U.S. economic activity.[The state's economy relies heavily on six industries to keep it thriving With a GDP of nearly $1.1 trillion in 2020, Florida had the fourth-largest state ...State and local governments spent $3.5 trillion on direct general government expenditures in fiscal year 2020. 1 States spent $1.7 trillion directly and local governments—cities, townships, counties, school districts, and special districts—spent $1.8 trillion directly. 2 While state governments raised more revenues than local governments in 2020, local …Mar 31, 2022 · Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2021, as real GDP for the nation increased at an annual rate of 6.9 percent, according to statistics released today by the U.S. Bureau of Economic Analysis. Maryland may have a relatively low median home value compared to many other places in the United States, but the Old Line State has the highest median household income in the country, making it the richest state in America for 2022. Its wealth is largely due to its proximity to Washington, D.C., where many of the state’s residents work.U.S. state and local government outstanding debt 2020, by state. In 2020, the federal state of California had about 519.54 billion U.S. dollars of debt outstanding, the most out of any state. New ...

Vermont follows closely with $5 billion in debt, while Idaho and Montana share the third position with debts of $6 billion each. South Dakota ranks fifth state with the least debt, with a debt of $7 billion, followed by Delaware with $8 billion. Alaska and Maine both have debts of $9 billion, while New Hampshire and North Dakota complete the ...Number of murders in the U.S. 2021, by state. Published by Statista Research Department , Oct 10, 2023. Texas recorded the largest number of homicides in 2021, at 2,064 for the year. North ...The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹ 9.78 lakh crore (US$131.98 billion) in 2020–2021. Per-capita GSP of Kerala during the same period is ₹ 257,711 (US$3,200), the sixth largest in India. In 2019–20, the tertiary sector contributed around 63% of the state's GSVA, compared to 28% by …The sustained higher rate of real GDP growth in the United States over a longer period of time has resulted in a substantially higher level of real GDP per capita in the United States than in ...The blue states also have a much deeper lineup in terms of GDP. Seven blue states have GDP's over $500 billion- California, New York, Florida, Illinois, Pennsylvania, Ohio and New Jersey. Only one red state has a GDP over $500 billion- Texas. In fact, Texas produces 27% of the entire GDP of the red states. Among the blue states, although ... 12 июл. 2023 г. ... North Dakota experienced the highest growth in real GDP among all 50 states ... “The state has also seen an influx of workers attracted by the ...The German economy is the fourth-largest in the world with a GDP of $4.0 trillion. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th –highest in the world. Germany’s highly developed social market economy is Europe’s largest and strongest economy and has one of the most skilled workforces.

The bottom five states, in reverse order, are Manipur, Puducherry, Odisha, Andhra Pradesh, and Arunachal Pradesh. During Period 2012-19, Mizoram has the highest average growth rate of 12.56%, followed by Tripura (9.94%), and Gujarat (9.83%). Six states/uts grew by an average of above 8 percent per year between fiscals 2013 and 2019.Sep 22, 2023. Nigeria's GDP amounted to nearly 477.4 billion U.S. dollars in 2022, the highest in Africa. To follow, South Africa's GDP was worth 405.7 billion U.S. dollars and ranked as the ...The State Department says it will add approximately 80% of the world's countries to its highest advisory. The U.S. State Department this week added approximately 80% of the world's countries to its highest advisory -- Level 4: Do Not Travel...California in 2010, when measured as a percentage of GDP, had the 4th highest tax burden of all the fifty states at 13.4% of the state GDP. The maximum 13.3% state personal income tax rate is the highest in the nation, but only applies to incomes over $1 million. He had also written that the state’s tax collection has increased 3.5 times from 2011 since Trinamool Congress came to power, and debt/GDP ratio had also declined from 40.6% in 2011 to 34.8% at ...

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The United States has the largest economy in the world with a nominal GDP of $20.4 trillion according to the International Money Fund. This number represents about a quarter of the global economy. China takes up the second spot with a nominal GDP of 14 trillion USD. Japan is the third largest economy in the world representing about 6 …According to the Statista Research department, California contributes the most to US GDP among all other states. Here is the list of 50 US states ranked by GDP in USD. Compared to China, Japan, …Jul 20, 2023 · With a gross state domestic product (GSDP) of Rs 31.98 lakh crore (USD 430 billion) in 2021–2022, Maharashtra has India's largest state economy. Tamil Nadu The manufacturing, agricultural, and service sectors support Tamil Nadu's economy, which is one of the most industrialised in the country. Dec 30, 2020 · Bavaria is Germany’s largest state by land area, covering 70,548 square km. The state had the second-highest GDP in Germany at €549.2 billion in 2015. Bavaria is richer than many countries in the world. It has a large automobile and motorcycle industry with major manufacturers such as Allianz, Audi, and Grundig in the state. A new study analyzing data from the Better Business Bureau (BBB) has revealed which US cities and states have the highest proportion of businesses that people trust. A new study analyzing data from the Better Business Bureau (BBB) has revea...An income of $0.88 in Birmingham equals an income of $1.27 in San Jose with the U.S as a whole having an average PCPI of $1.00. To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in ...

Oct 3, 2021 · He had also written that the state’s tax collection has increased 3.5 times from 2011 since Trinamool Congress came to power, and debt/GDP ratio had also declined from 40.6% in 2011 to 34.8% at ... Based on nominal GDP, China is the 2 nd largest economy in the world with a nominal GDP of USD 14.14 trillion. China has a gross domestic product based on purchasing power parity of USD 27.31 trillion, ranking number 1 among the top 20 largest economies in the world in 2020. When you account for the nation’s domestic market …Published by Statista Research Department , Sep 19, 2023. In 2022, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the ...India is way behind China, which has $991 bn GDP in the agriculture sector. GDP of the Industry sector is $560.97 billion, and world rank is 6. India's world rank is eight in the Services sector, and its GDP is $1500 billion. The Agriculture sector's contribution to the Indian economy is much higher than the world's average (6.4%).Ever wonder just how much the highest paid NFL players make? As one of the most popular and well-attended professional sports leagues in the U.S., the National Football League (NFL) is a money-making machine.These areas of the United States had the same GDP in 2015 as the economies of entire countries. United States These US states have the same size economy as entire countries Nov 28, 2016. Many of America's metro areas rank among the world's largest economies Image: ...I'd think "richest" is more like just "highest GDP". "GDP per capita" is more a measure of how productive the average citizen is. ("And Median Income" is a better reflection of how well off individual citizens are). By most reasonable measures, the US is the "richest" country in the world, as it has the most tangible resources at its disposal.State and local governments spent $3.5 trillion on direct general government expenditures in fiscal year 2020. 1 States spent $1.7 trillion directly and local governments—cities, townships, counties, school districts, and special districts—spent $1.8 trillion directly. 2 While state governments raised more revenues than local governments in 2020, local …

Florida counties by GDP (2021) The economy of the state of Florida is the fourth-largest in the United States, with a $1.4 trillion gross state product (GSP) as of 2022. If Florida were a sovereign nation (2022), it would rank as the world's 16th-largest economy according to the International Monetary Fund, ahead of Indonesia and behind Mexico.

As a result, states vary widely in their amounts of debt on both a total and per capita basis. While New York leads the country in terms of per capita government debt, at $18,411 per person ...New York also has the highest individual income tax rate of 4.40%. Hawaii follows with a total tax burden of 11.48% and the highest total sales and excise tax burden of 6.36%. Vermont comes in third place with a tax burden of 10.73%. Other states with a total tax burden higher than 10% are Maine and Minnesota, with 10.57% and 10.19%.According to the Statista Research department, California contributes the most to US GDP among all other states. Here is the list of 50 US states ranked by GDP in USD. Compared to China, Japan, Germany, and other developed countries, the US has the world's largest GDP.Map of military spending as a percentage of GDP for countries as of 2022, according to the Stockholm International Peace Research Institute Global military spending in 2021. This is a list of countries by military …California had the highest annualized GDP of $3.56 trillion in Q2 2022. Vermont had the lowest annualized GDP of $40.24 billion in Q2 2022. The District of Columbia had the highest GDP per capita, at $189,513. Mississippi had the lowest GDP per capita with $35,374. GDP Ranking by State (BEA, Statista) Highest GDP by StateJun 5, 2023 · Adam McCann, WalletHub Financial WriterJun 5, 2023. U.S. economic growth depends heavily on the performance of individual states. But some contribute more than others. California, for instance, is on track to overtake Germany as the world’s fourth largest economy. Meanwhile, Vermont’s GDP is close to 100 times smaller, at around $36 billion ... Apple and FedEx are well-known companies, but there are a lot of giant businesses across the U.S. Some are even a big deal around the globe. Wal-mart has the highest earning revenue in the country and the business is from Arkansas.5 апр. 2023 г. ... Until a few years ago, state leaders characterized the Golden State as the world's sixth largest economy, but after its GDP ... has risen against ...

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The German economy is the fourth-largest in the world with a GDP of $4.0 trillion. Germany has a GDP (PPP) of $4.44 trillion and a per capita GDP of $46,560, the 18th –highest in the world. Germany’s highly developed social market economy is Europe’s largest and strongest economy and has one of the most skilled workforces. Also called real GDP, constant-price gross domestic product (GDP) is inflation-adjusted GDP. Also called real GDP, constant-price gross domestic product (GDP) is inflation-adjusted GDP. Gross domestic product (GDP) is the broadest quantitat...China is the world’s second-largest economy behind the United States, and the gross domestic product (GDP) growth rate, consumer price index, purchasing managers’ indices, trade and industrial ...Gross State Product and Regional GDP Gross state product (GSP) is the state-level analog of U.S. GDP. As of 2020, Texas had the second-highest GSP in the nation, after California (Exhibit 3). If Texas were a country, it would have the ninth-largest economy in the world. Exhibit 3: Real GSP of Largest States, 2010-2020The United States has the largest gross domestic product in the world as of 2022, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has...Sep 22, 2023. Nigeria's GDP amounted to nearly 477.4 billion U.S. dollars in 2022, the highest in Africa. To follow, South Africa's GDP was worth 405.7 billion U.S. dollars and ranked as the ...Russia has a nominal GDP of $1.78 trillion and a GDP, PPP of $4.79 trillion in 2021. Given it has considerable oil and gas reserves, the country is an energy superpower that also has substantial ...Examining the change in quarterly real GDP by state, the state that has the experienced the most significant one-year growth is Hawaii. From the fourth quarter of …Jan 7, 2023 · 48. South Dakota. 49. Montana. 50. Wyoming. Compared to China, Japan, Germany, and other developed countries, the US has the world’s largest GDP. Abundant natural resources, well-developed infrastructure and high productivity, are the reasons that the US managed to achieve such a position in GDP ranking. The components of Gross Domestic Product (GDP) are personal consumption expenditures, business investment, government spending and net exports of goods and services. GDP describes what a country’s economy produces.U.S. state and local government outstanding debt 2020, by state. In 2020, the federal state of California had about 519.54 billion U.S. dollars of debt outstanding, the most out of any state. New ... ….

2. Texas ($2.354 trillion) GDP growth by state statistics show that Texas had one of highest growth rates in the USA entering the year 2022. From $2.051 trillion in 2021, Texas increased its GDP by 9.54% to $2.247 trillion in Q1 and then grew it by another 4.75%, reaching $2.354 trillion in Q2.Oct 13, 2023 · In 2019 it is “guesstimated” that California had the highest Gross State Product. But the District of Columbia had the highest per-capita GSP. GDP By State. China’s emergence from its covid-19 controls was meant to be the biggest economic event of the year. Instead, the reopening has turned into one of the biggest …Jan 24, 2022 · According to the latest Reserve Bank of India report on state finances, Punjab topped the states with the highest debt-to-GSDP at 49.1% in FY21, 6.6 percentage points more than a year ago. This is ... In 2020, the U.S. GDP totaled $20.9 trillion, the largest GDP in the world. Each of the market transactions that enter into GDP must involve both a buyer and a seller. ... Government expenditure in the United States is close to 20% of GDP, and includes spending by all three levels of government: federal, state, and local.May 19, 2022 · Real GDP: $38.23 billion. Manufacturing is the largest industry by GDP in Alabama, as of fourth quarter 2021. With approximately $38.23 billion in output, Alabama’s manufacturing industry has ... This is the most recent list of Australian states and territories by gross state product (GSP) and GSP per capita. Also included are the GSP and population growth tables as well as a comparison table showing the surplus/deficit between state final demand (SFD) and GSP for the same financial year.On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. The rankings of national economies over time have changed considerably; the United States surpassed the British Empire's output around 1916, which in turn had surpassed the Qing dynasty in aggregate output decades earlier.Top 12 Richest States in India By GDP 2023. 1. MAHARASHTRA: Maharashtra: Maharashtra is considered the richest state in India. Maharashtra boasts of a GDP of about Rs 26.33 lakh crore as of 2018-19.GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. . World's GDP is $100,562,000,000,000 (nominal, 2022) Sources: World Bank (World Development Indicators, July 25, 2023); United Nations (World Population Prospects 2022). # What state has the highest gdp, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]