he map above and the table below have been slightly revised so that both the GDP of US states and the GDP of foreign countries are in descending order in the table below. The map above is an updated version of a similar map from 2007 here.
The map was created by matching economic output in US states in 2012 to foreign countries with comparable GDPs, using BEA data for GDP by state here and GDP by country from the United Nations, via Wikipedia here. For each US state (and the District of Columbia), I tried to find the country closest in economic size in 2012 (measured by GDP), and for each state there was a country with a pretty close match – those countries are displayed in the map above and in the table below. Obviously, in some cases the closest match was a country that produced slightly more, or slightly less economic output in 2012 than a given US state.
It’s pretty amazing how ridiculously large the US economy is, and the map above helps put America’s GDP of $16.2 trillion in 2012 (and more than $17 trillion in Q4 2013) into perspective by comparing the GDP of US states to other country’s entire national GDP. For example:



[b]1. America’s largest state economy is California, which produced $2.003 trillion of economic output in 2012, just slightly below Italy’s GDP in the same year of $2.013 trillion. In 2012, California would have been tied with Italy as the 9th largest economy in the world. And California’s population is only 38 million compared to Italy’s population of 61 million, which means California produces the same economic output as Italy with 37% fewer people. That’s a testament to the superior, world-class productivity of the American worker.


2. America’s second largest state economy – Texas – produced $1.4 trillion of economic output in 2012, placing it just slightly behind the world’s 13th largest country by GDP – Australia – with $1.56 trillion of economic output.


3. Even with all of its oil wealth, Saudi Arabia’s GDP in 2012 at $711 billion was less than GDP in Florida ($777 billion) and just slightly more than the GDP in Illinois ($695 billion).


4. New York’s GDP in 2012 of $1.205 trillion was slightly more than Mexico’s GDP of $1.18 trillion, even though Mexico’s population of 120.8 million people is 6.2 times larger than the number of people living in New York (19.6 million). Another example of the world-class productivity of the American workforce.


5. Washington state produces almost as much economic output ($375.7 billion) as Venezuela ($382 billion), even though Venezuela’s population (30 million) is more than four times larger than Washington’s (6.9 million).


6. Likewise, capitalist West Virginia produces about the same GDP as communist Cuba, even though Cuba’s population is more than six times larger than West Virginia’s.
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MP: Overall, the US produced 22.3% of world GDP in 2012, with only 4.4% of the world’s population. Three of America’s states (California, Texas and New York) – as separate countries – would rank in the world’s top 15 largest economies. And one of those states – California – produced more than $2 trillion in economic output in 2012 – and the other two (Texas and New York) produced more than $1 trillion of GDP in 2012[b]. The map and these statistics help remind us of the enormity of the economic powerhouse we live in. So let’s not lose sight of how ridiculously large and powerful the US economy is, and how much wealth and prosperity is being created all the time in the world’s largest economic engine.

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there debt is 17 trillion as well compared to nigeria with debt lower that 40 billion dollars

tobtap: there debt is 17 trillion as well compared to nigeria with debt lower that 40 billion dollars

And they can wipe it off within 10yrs by simply increasing taxation to 30%.

How i wish Nigeria could copy the US like this and allow states/ regions to progress at their own pace! If Nigerians were transferred over to live in and govern the US, they would make it in such a way that California would have to share 87% of all those trillions with everyone else (by fire or by force); and they wouldn't allow Hillary Clinton to even think of running for Office since her husband just recently left, and other 'zones' need to get their own share first b/4 it comes back to her 'zone'....and besides, New York will certainly have told her by now to eff-off back to her state since she's not an 'indigene'!

IGBOSON1: How i wish Nigeria could copy the US like this and allow states/ regions to progress at their own pace! If Nigerians were transferred over to live in and govern the US, they would make it in such a way that California would have to share 87% of all those trillions with everyone else (by fire or by force); and they wouldn't allow Hillary Clinton to even think of running for Office since her husband just recently left, and other 'zones' need to get their own share first b/4 it comes back to her 'zone'....and besides, New York will certainly have told her by now to eff-off back to her state since she's not an 'indigene'!

lwkmd
But you said the truth sha. What Naija needs is fiscal federalism to get to the promised land.

At whis expense. How nany wars does america start directly kr indirectly to gain all that wealth. How many peoples kives are niserable due to americas forirgb pokicy.

LOWKEY - OBAMA NATION (OFFICIAL VIDEO) - BANNED F…:
https://www.youtube.com/watch?v=z4OI0GUCI_A

The US has the worlds reserve currency and this gives her an advantage over others. She can basically print billions of dollars and invest it in her economy knowing that foreigners will always buy her debt. Basically the US largest export is inflation.
Her GDP is just a product of fantasy accounting.

oduastates:
And they can wipe it off within 10yrs by simply increasing taxation to 30%.

"Simply"? Funny.
The world should go back to using the gold standard.

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