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- Florida's economy ranks among the largest in the United States, with a gross state product (GSP) of about $1.647 trillion as of 20241. It is responsible for 5.82% of the US gross domestic product (GDP)1. Over the past five years, Florida's economy has grown significantly, surpassing countries like Indonesia, Spain, and Mexico2. The state's growth rate is fueled by traditional economic drivers such as real estate and retail3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Florida's economy ranks among the largest in the country. As of 2024, the gross state product (GSP) is about $1.647 trillion, the fourth largest economy in the United States. [ 1] Florida is responsible for 5.82% of the United States' approximately $28 trillion gross domestic product (GDP). [ 1]en.wikipedia.org/wiki/Economy_of_FloridaToday, less than halfway through the Florida 2030 Blueprint ’s journey to 2030, Florida is now the 14th largest economy in the world. Over the past five years, Florida’s economy has surpassed Indonesia, Spain, and Mexico, adding $510 billion in gross domestic product (GDP), and is now only $570 billion below current #10, Italy’s economy.www.flchamber.com/breaking-news-floridas-gdp-gr…Florida grew by an annual rate of 3.5% — a sizable difference when talking about hundreds of billions of dollars of activity. And Florida's growth was the fastest among the biggest states like California, New York and Texas. The traditional economic drivers — real estate and retail — are fueling the growth.www.wusf.org/economy-business/2023-07-06/florid…
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