If New York State were an independent nation, it would rank as the 10th largest economy in the world. However, in 2019, the multi-state, New York City-centered metropolitan statistical area produced a gross metropolitan product (GMP) of $US2.
Economy of New York (state)
| Statistics | |
|---|---|
| Revenues | $63.5 billion |
| Expenses | $54.6 billion |
Is New York economy bigger than Russia?
Fun facts: three U.S. states have larger economies than Russia: California ($3.1 trillion), Texas ($1.78 trillion) and New York ($1.7 trillion). And California’s GDP is more than twice the GDP of Russia. The next 150 years will be interesting.
Where does the U.S. rank in world economy?
Biggest economies in 2021 by gross domestic product
| Rank | Country | GDP in $ per capita |
|---|---|---|
| 1 | United States | 69,288 |
| 2 | China | 12,556 |
| 3 | Japan | 39,285 |
| 4 | Germany | 50,802 |
Which countries are in top 5 economy?
% Share of the Global Economy
- United States of. America. 23.93%
- China. 18.45%
- Japan. 5.14%
- Germany. 4.39%
- United Kingdom. 3.32%
- Countries. 6–10. 12.49%
- Countries 11–15. 7.96%
- Countries 16–25. 7.88%
What country is #1 in economy?
The United States’ economy is the largest in the world as measured by nominal GDP.
Is New York the richest country?
Luxembourg
The richest country in the world is Luxembourg. According to the IMF, the duchy’s GDP per capita is $135,046. The total gross domestic product exceeded $86 billion.
Is New York the most developed city?
As New York City has just surpassed Silicon Valley as the most technologically advanced city, it is the perfect city for Amazon to expand its services.
What is the 10 largest economies in the world?
Here is the latest list of top 10 economies of the world:
- United States. The real GDP of the US is estimated to be $20.94 trillion.
- China. The Chinese economy has witnessed astonishing growth over the last few decades.
- Japan.
- Germany.
- United Kingdom.
- India.
- France.
- Italy.
Who has the strongest economy in the US?
GDP per capita also varied widely throughout the United States in 2021, with New York ($93,463), Massachusetts ($91,130), and Washington state ($86,265) recording the three highest GDP per capita figures in the U.S., while Mississippi ($42,411), Arkansas ($47,770), and West Virginia ($49,017) recorded the three lowest
Is USA a poor or rich country?
Being rich in a poor country also has costs.
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| Rank | Country | GDP-PPP ($) |
|---|---|---|
| 6 | Switzerland | 84,658 |
| 7 | United Arab Emirates | 78,255 |
| 8 | Norway | 77,808 |
| 9 | United States | 76,027 |
Which is strongest economy in world?
United States
1. United States: USD 29.3 trillion in 2026.
Who has the strongest economy in the world 2022?
This is based on the most recent data available from the World Bank.
- United States: $20.89 trillion.
- China: $14.72 trillion.
- Japan: $5.06 trillion.
- Germany: $3.85 trillion.
- United Kingdom: $2.67 trillion.
- India: $2.66 trillion.
- France: $2.63 trillion.
- Italy: $1.89 trillion.
Which country is the richest 2022?
Here are the 10 richest countries in the world:
- United States – $18.62 Tn.
- China – $11.22 Tn.
- Japan – $4.94 Tn.
- Germany – $3.48 Tn.
- United Kingdom – $2.65 Tn.
- France – $2.47 Tn.
- India – $2.26 Tn.
- Italy – $1.86 Tn.
What 3 countries have the best economy?
- Switzerland. #1 in Economically stable. #1 in Best Countries Overall.
- Germany. #2 in Economically stable.
- Canada. #3 in Economically stable.
- Netherlands. #4 in Economically stable.
- United Kingdom. #5 in Economically stable.
- Australia. #6 in Economically stable.
- Japan. #7 in Economically stable.
- Sweden. #8 in Economically stable.
What is the fastest growing economy in the world?
The statistics were compiled from the International Monetary Fund World Economic Outlook Database with the vast majority of estimates corresponding to the 2021 calendar year.
List (2018-2021)
| Rank | Country | Real GDP growth rate (%) |
|---|---|---|
| 1 | Libya | 177.260 |
| 2 | Maldives | 31.416 |
| 3 | Guyana | 19.928 |
| 4 | Macao | 17.990 |
Which country is economically weakest?
The Poorest Countries in the World
- Somalia: GDP per capita of USD 303 in 2026.
- South Sudan: GDP per capita of USD 441 in 2026.
- Sierra Leone: GDP per capita of USD 532 in 2026.
- Malawi: GDP per capita of USD 606 in 2026.
- Central African Republic: GDP per capita of USD 624 in 2026.
Which city is richer London or New York?
NYC is the richest city on the planet with 59 billionaires and a staggering 345,600 millionaires: US captures half of the Top 10 list while longtime wealth leader London ranks fourth.
Are people richer in California or New York?
More of America’s wealthiest people call California home than any other state, the latest Forbes 400 list shows. A total of 80 Californians made the list, almost 20 more than the state with the second-most: New York, which 65 of the country’s richest people call home.
Is New York a rich or poor state?
In summary
| Rank | State | State revenue per capita |
|---|---|---|
| 1 | Connecticut | 10,947 |
| 2 | Massachusetts | 10,706 |
| 3 | New York | 14,499 |
| 4 | Alaska | 14,013 |
Will any city overtake New York?
Right now, the only way you’d get another city to surpass New York would be if you break up New York City into its 5 boroughs or counties. Even then, New York would still appear in the top 10 most populous cities in the U.S. 4 times. Current top 10: New York City, New York: 8.6 Million.
Is Chicago or New York richer?
The USA dominates the world’s Top 20 Cities with the Most Millionaires in 2022, with New York taking the crown with 345,600 millionaires, and five other American cities — San Francisco, Los Angeles, Chicago, Houston, and Dallas — securing places on the world’s wealthiest cities ranking.