How big is Florida's economy?

The 2019 estimated size of Florida's economy was $1.3 trillion, making it the 25th largest economy in the world and the fourth-largest in the U.S. The Bureau of Economic Analysis reports that Florida’s economy is responsible for about 15 percent of the nation’s gross domestic product ( gdp – the total value of goods and services produced in the United States.

How big is Florida's economy

florida s economy is the tenth largest in the United States. Its GDP for 2019 is estimated to be $874 billion, which ranks it tenth in the country. This figure is projected to grow at a rate of 2.9% per year. Taking inflation into account, Florida’s economy would need to grow at 3.1% to maintain its position in the top ten.

How big is Florida's economy per capita?

Florida's economy per capita is about $46,000, making it the 16th most economically prosperous state in the country. However, it does have one of the highest poverty rates in the country at 20.9 percent. Even though it isn’t one of the biggest economies in the country, Florida’s economy is growing much faster than the rest of the country. As people move to Florida for its warm weather, sunny days, and beautiful beaches, the state’s economy

How big is Florida's economy compared to the rest of the US?

Florida's economy ranks in the top 10 for total economic activity as of 2018, according to the Florida Department of Economic and Community Affairs. This places the state's economy 11th in the nation. The state's economy is worth $1.1 trillion and accounts for 9.1 percent of all economic activity in the US.

How big is Florida's economy in

Florida has a GDP of $1.3 trillion dollars. That puts it at number 39 in the U.S., making it the ninth-largest economy in the country. Currently, Florida’s GDP per capita is $40,781.