Comparing US economic output against the rest of the world

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Published : March 14th, 2019
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How Much/March 2019

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“The U.S. economy hit $20.5 trillion in GDP in 2018,” says HowMuch. “What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods and services produced by a country in any given year. This means the U.S. produced $20.5 trillion in goods and services over 2018. This is an impressive number in and of itself, seeing as total GDP for the entire world was about $80 trillion in 2017. Yet, what might be more impressive is breaking down GDP by each individual state, and then measuring each state against a foreign nation to see how each state fares in size. What the results show is nothing less than astounding.”


Chart and commentary courtesy of HowMuch.net, March 2019

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