In second place on the list, my home state, Texas, had a $2.6 Trillion GDP. For a little more context:
If Texas were a country, its GDP would fall just behind France ($3.1 Trillion) and above Brazil and Italy ($2.3 Trillion).
The Texas GDP is also higher than Canada's $2.24 Trillion GDP.
For a bit of contrast (and extra perspective), Vermont has the lowest GDP in America, comparable to Nepal, which is the world's 101st-largest economy. Yet, Nepal has 29 times more people than Vermont.
Not too shabby for a place where dairy, forestry, and maple syrup drive the economy.
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How do U.S. States Compare to Entire Countries?
With Trump's election win, the economy will likely be center stage.
In second place on the list, my home state, Texas, had a $2.6 Trillion GDP. For a little more context:
If Texas were a country, its GDP would fall just behind France ($3.1 Trillion) and above Brazil and Italy ($2.3 Trillion).
The Texas GDP is also higher than Canada's $2.24 Trillion GDP.
For a bit of contrast (and extra perspective), Vermont has the lowest GDP in America, comparable to Nepal, which is the world's 101st-largest economy. Yet, Nepal has 29 times more people than Vermont.
Not too shabby for a place where dairy, forestry, and maple syrup drive the economy.
How do U.S. States Compare to Entire Countries?
With Trump's election win, the economy will likely be center stage.
Crypto boomed post-election, and the S&P and the Nasdaq reached new highs as the Fed cut rates.
Amidst all the political turmoil, it's easy to overlook how well-positioned we are as a country – compared to the rest of the world.
VisualCapitalist created a chart comparing countries' GDPs to those of U.S. states.
via visualcapitalist
At the top of the list, California would be the world's fifth-largest country (replacing India) with its $3.9 Trillion GDP.
In second place on the list, my home state, Texas, had a $2.6 Trillion GDP. For a little more context:
For a bit of contrast (and extra perspective), Vermont has the lowest GDP in America, comparable to Nepal, which is the world's 101st-largest economy. Yet, Nepal has 29 times more people than Vermont.
Not too shabby for a place where dairy, forestry, and maple syrup drive the economy.
Posted at 08:07 PM in Business, Current Affairs, Ideas, Just for Fun, Market Commentary, Trading, Travel | Permalink
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