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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 .
No protests were made over the American claim on Key West, so the Florida Keys became the de facto property of the United States. After claiming the Florida Keys for the United States, Perry renamed Cayo Hueso (Key West) to Thompson's Island for Secretary of the Navy Smith Thompson, and the harbor Port Rodgers in honor of War of 1812 hero and ...
Following Spain's secession of Florida to the United States in 1819, the first permanent colonization of Key West began with American possession in 1821. [6] Legal claim of the island occurred with the purchase by businessman, John W. Simonton, in 1822, in which federal property was asserted only three months later with the arrival of U.S. Navy Lieutenant Mathew C. Perry.
Since then, the term "Conch Republic" has been expanded to refer to "all of the Florida Keys, or, that geographic apportionment of land that falls within the legally defined boundaries of Monroe County, Florida, northward to 'Skeeter's Last Chance Saloon' in Florida City, Dade County, Florida, with Key West as the micronation's capital and all ...
The Florida Keys are a coral cay archipelago off the southern coast of Florida, forming the southernmost part of the continental United States. They begin at the southeastern coast of the Florida peninsula , about 15 miles (24 km) south of Miami and extend in an arc south-southwest and then westward to Key West , the westernmost of the ...
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
Monroe County includes the islands of the Florida Keys and comprises the Key West-Key Largo Micropolitan Statistical Area. Over 99.9% of the county's population lives on the Florida Keys. The mainland, which is part of the Everglades, comprises 87% of the county's land area and is virtually uninhabited with only 17 people recorded in the 2020 ...
Key West in red on map is part of the Keys, with Monroe County in dark green on an inset map of the State of Florida. A more southern part of Key West Island exists and is publicly accessible: the beach area of Fort Zachary Taylor Historic State Park at approximately 24°32'42.2"N 81°48'34.5"W, and approximately 500 feet (150 m) farther south than the marker.