Special Report

How GDP of US States Compares to Countries Around the World

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Montana
> GDP: $44.4 billion
> Country w/ similar GDP: Lebanon ($43.2 billion)
> Mont. population: 1.1 million (Lebanon: 6.1 million)
> Mont. GDP per capita: $42,276 (Lebanon: $7,103)

Montana, home to just over 1 million people, has a $44.4 billion economy — similar in size to the economy of Lebanon, a country of over 6 million people. Situated along the Mediterranean’s eastern shore, Lebanon has long been a regional trading hub. However, it also shares borders with Israel and Syria and has been involved in armed conflicts. It has also been a refuge for people and groups displaced by violence.

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Nebraska
> GDP: $111.5 billion
> Country w/ similar GDP: Slovak Republic ($108.2 billion)
> Neb. population: 1.9 million (Slovak Republic: 5.4 million)
> Neb. GDP per capita: $58,053 (Slovak Republic: $19,897)

Nebraska’s 1.9 million residents produce an economic output of over $111 billion, close to that of the Slovak Republic, or Slovakia. The country’s economy centers around manufacturing, with more than a quarter of exports in 2017 in vehicles or vehicle parts. Though Nebraska has a much smaller population than the Slovak Republic, its landmass is more than four times that of the European nation.

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Nevada
> GDP: $142.9 billion
> Country w/ similar GDP: Kuwait ($138.8 billion)
> Nev. population: 3.0 million (Kuwait: 4.1 million)
> Nev. GDP per capita: $47,648 (Kuwait: $33,546)

Nevada’s economy generated $142.9 billion in 2017, nearly the same as the Middle Eastern nation of Kuwait — which happens to be one of the wealthiest nations in both the region and the world. Kuwait has a relatively open political system for the region, and it has more proved oil reserves than all but a handful of other countries worldwide.

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New Hampshire
> GDP: $74.4 billion
> Country w/ similar GDP: Oman ($74.8 billion)
> N.H. population: 1.3 million (Oman: 4.6 million)
> N.H. GDP per capita: $55,413 (Oman: $16,144)

One of the smallest states by population, New Hampshire has a $74.4 billion economy — on par with Oman, a Middle Eastern nation with a population more than triple that of New Hampshire. Like other countries in the region, Oman relies heavily on exports of crude oil and petroleum products.

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New Jersey
> GDP: $546.5 billion
> Country w/ similar GDP: Iran, Islamic Rep. ($560.9 billion)
> N.J. population: 9.0 million (Iran, Islamic Rep.: 81.2 million)
> N.J. GDP per capita: $60,684 (Iran, Islamic Rep.: $6,911)

New Jersey has a similar economic output to Iran, even though the Middle Eastern country has about nine times as many residents and 72 times as much land. Nearly three-quarters of Iran’s 2017 exports, worth roughly $54 billion, are in petroleum. Conversely, a relatively small amount of New Jersey’s economic output comes from natural resources. Instead, the state has some of the largest shares of workers employed in the information and finance industries.

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