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The economy of the state of Florida is the fourth-largest in the United States, with a $1.647 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 .
It became a territory of the United States in 1821. Two decades later, on March 3, 1845, Florida was admitted to the Union as the 27th U.S. state. Florida is nicknamed the "Sunshine State" due to its warm climate and days of sunshine.
Long Term Economic Growth – 1860–1965: A Statistical Compendium. Business Booms and Depressions since 1775, a chart of the past trend of price inflation, federal debt, business, national income, stocks and bond yields for the United States from 1775 to 1943. Budget of the United States Government.
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
The U.S. economy is heavily dependent on road transport for moving people and goods. Personal transportation is dominated by automobiles, which operate on a network of four million miles (6.4 million km) of public roads, [ 339] including one of the world's longest highway systems at 57,000 miles (91,700 km). [ 340]
In cities, schools were open most of the year (In 1842, New York City schools were open 248 days a year, although school attendance was not yet mandatory). (Now, as of 2024, there are usually 180 days per total school year.) summers were very hot before air conditioning was invented, so upper class and eventually middle-class families would ...
These schools collectively served 2,870,527 students through the end of the 2021-2022 school year. As of 2021, there are 2,640 private elementary and secondary schools in Florida, collectively serving 486,830 students. [12] Attempts to develop public schools began as early as 1831, when the Florida Education Society was founded in Tallahassee.
The economy of the state of Florida is the fourth-largest in the United States, with a $1.647 trillion gross state product (GSP) as of 2024. [241] If Florida were a sovereign nation (2024), it would rank as the world's 15th-largest economy according to the International Monetary Fund , ahead of Spain and behind South Korea .