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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the List of countries by GDP World's fourth largest economy, behind Germany ( 4.71 ...
Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. [2] Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022.
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
The United States is a wealthy nation when compared to the rest of the world. Based on per-capita GDP at purchasing-power parity, America ranks as the third-richest country among the world's top ...
It's one of those terms you may only vaguely remember learning about in high school... When looking at how "rich" a state is, economists look at something known as gross domestic product, or GDP ...
State Brazil: South America: 253 2019 [30] 17.5 15 Nevada: State United States: North America: 252 2024 [13] 3.1 68 Iowa: State United States: North America: 251 2024 [13] 3.2 70 Tianjin: Municipality China: Asia: 243 2022 [3] 13.9 15 Rio Grande do Sul: State Brazil: South America: 242 2019 [31] 11.4 16.5 Paraná: State Brazil: South America ...
There is no shortage of states in the U.S. that tout costs of living that are higher than the national average. Discover More: Cheapest Places To Buy a Home in Every State Read Next: Become a Real ...
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).