12/23/2024

Putting America’s enormous $19.4T economy into perspective by comparing US state GDPs to entire countries

The map above (click to enlarge) was created (with assistance from AEI’s graphic design director Olivier Ballou) by matching the economic output (Gross Domestic Product) for each US state (and the District of Columbia) in 2017 to a foreign country with a comparable nominal GDP last year, using data from the BEA for GDP by US state and data for GDP by country from the International Monetary Fund. For each US state (and the District of Columbia), we identified the country closest in economic size in 2017 (measured by nominal GDP) and those matching 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 2017 than a given US state.

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