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The economy of the state of Florida is the fourth-largest in the United States, with a $1.695 trillion gross state product (GSP) as of 2024. [1] If Florida were a sovereign nation (2024), it would rank as the world's 15th-largest economy by nominal GDP according to the International Monetary Fund , ahead of Spain and behind South Korea .
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.
Since the mid-20th century, Florida has experienced rapid demographic and economic growth. Its economy, with a gross state product (GSP) of $1.647 trillion, is the fourth largest of any U.S. state and the 15th-largest in the world; the main sectors are tourism, hospitality, agriculture, real estate, and transportation.
Data from the University of Florida's Bureau of Economic and Business Research shows Florida added 1.1 million people between 2020 and 2023 as the state, long a magnet for population growth ...
Confronting these environmental challenges, Florida's agricultural sector—which plays an integral role in the state's economy and food supply—is at an inflection point.
Sky-high child care costs must be addressed to help Florida, its citizens and its economy. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
Agriculture has occupied a large portion of Central Florida's economy, with winter strawberries, [30] citrus, timber, vegetables, [31] and aquaculture [32] all making major contributions. Orange groves, central Florida. Tourism is a large contributor to Central Florida's economy. The area has economically diversified in the past decade.
Tourism is a large portion of Florida's economy. Florida is home to the world's most visited theme park, the Magic Kingdom. [245] Florida is also home to the largest single-site employer in the United States, Walt Disney World. [246] PortMiami is the largest passenger port in the world and one of the largest cargo ports in the United States. [247]