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As of 2023, Texas grossed more than $440 billion a year in exports, more than double the next highest state California ($178 billion). [9] Texas is ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11]
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.
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Texas: State United States: North America: 2,695 2024 [1] 30.5 87 England: Constituent country United Kingdom: Europe: 2,674 2022 [2] 57.1 47 New York: State United States: North America: 2,284 2024 [1] 19.6 117 Guangdong: Province China: Asia: 1,920 2022 [3] 126.0 15 Jiangsu: Province China: Asia: 1,827 2022 [3] 84.7 22 Florida: State United ...
Citing census and Bureau of Economic Analysis data, the group said that in 2020 over 38,000 Texas companies exported goods and that 92% of those were small- and medium-sized businesses.
The inflationary pressures on the Russian economy remain high, despite the Russian Central Bank setting an interest rate of 18%. An annualized rate of price increases from May to July stands at 10 ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
The CBO's new estimate for the fiscal 2024 deficit is now $1.9 trillion, up from its prior view for $1.6 trillion issued in February and up from the 2023 deficit of about $1.7 trillion.