Special Report

How GDP of US States Compares to Countries Around the World

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> GDP: $490.2 billion
> Country w/ similar GDP: Norway ($481.8 billion)
> Mass. population: 6.9 million (Norway: 5.3 million)
> Mass. GDP per capita: $71,456 (Norway: $91,219)

Massachusetts has a $490.2 billion economy, about the same size as Norway’s. One of the wealthiest states in the country, Massachusetts has a GDP per capita of $71,456. However, because Norway is home to about 1.6 million fewer people than Massachusetts, its GDP per capita is even higher, at $91,219. The country’s wealth is partially due to the discovery of oil offshore in the 1960s. Today, Norway is the seventh largest oil exporter in the world.

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> GDP: $458.8 billion
> Country w/ similar GDP: Argentina ($460.3 billion)
> Mich. population: 10.0 million (Argentina: 44.3 million)
> Mich. GDP per capita: $46,055 (Argentina: $10,397)

Michigan has a $458.8 billion GDP, roughly in line with the economic output of the South American nation of Argentina. Home of the American auto industry, Michigan has a strong manufacturing sector that employs nearly one in every five workers in the state, a larger share than in any other state. Argentina’s economy is heavily dependent on agricultural exports like soybeans and soybean meal, corn, and wheat.

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> GDP: $322.4 billion
> Country w/ similar GDP: Singapore ($310.0 billion)
> Minn. population: 5.6 million (Singapore: 5.6 million)
> Minn. GDP per capita: $57,809 (Singapore: $55,236)

Like Colorado, Indiana, and Tennessee, Minnesota’s economy is similar in size to that of Singapore — $322.4 billion compared to $310.0 billion, respectively.

Minnesota is one of the larger states by landmass, while Singapore is a small island city-state less than one-three-hundredth the state’s size. Still, their populations closely align, as they are each home to some 5.6 million people.

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> GDP: $100.1 billion
> Country w/ similar GDP: Angola ($101.7 billion)
> Miss. population: 3.0 million (Angola: 29.8 million)
> Miss. GDP per capita: $33,558 (Angola: $3,414)

Mississippi’s $100.1 billion in economic output in 2017 closely matches the GDP of the African nation Angola. Though their economies are roughly the same size, Angola is home to nearly 30 million people, 10 times Mississippi’s population. Angola is an oil-rich country, but much of that wealth is located in a contested region partially held by separatists.

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> GDP: $275.6 billion
> Country w/ similar GDP: Chile ($271.9 billion)
> Mo. population: 6.1 million (Chile: 18.1 million)
> Mo. GDP per capita: $45,076 (Chile: $15,060)

Missouri’s $275.6 billion GDP most closely matches that of Chile, though the South American country has nearly three times the population of the Show Me State. Chile derives much of its wealth from natural resources, primarily copper. Nearly half of the country’s $70.1 billion in exports in were copper, copper ore, and refined copper. A coastal country, Chile also exports seafood and wine.

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