In 2024, the real gross domestic product (GDP) of Florida was about 1.34 trillion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at around 1.29 trillion U.S. dollars.
In 2023, the real gross domestic product (GDP) of Florida increased by *** percent when compared to the previous year. 2021 saw a spike in GDP growth as the Florida economy rebounded from the COVID-19 pandemic.
In 2022, the real gross domestic product (GDP) of the South Florida metropolitan area amounted to ****** billion U.S. dollars. This was an increase from the previous year when the real GDP of the area came to ****** billion U.S. dollars.
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Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
The state of North Dakota experienced the most significant growth in real GDP in 2023, growing 7.8 percent when compared to 2022. Texas and Oklahoma also experienced growth at or more than seven percent.
The state of Utah experienced the most significant GDP growth in 2024, growing by seven percent from 2023. Florida, South Carolina, and North Carolina also experienced high amounts of growth in the same period. North Dakota was the only state that saw a decrease in GDP, falling 0.8 percent.
In the fiscal year ended on September 30, 2024, The Walt Disney Company generated a total revenue of more than ***** billion U.S. dollars, up from **** billion dollars a year earlier – an annual growth of around three percent.The Walt Disney Company reports its numbers based on fiscal years that end late September/early October of the corresponding calendar year. A media leviathan The Walt Disney Company controls several entertainment and media enterprises with a solid global presence. Arguably, its most famous facet remains Walt Disney Studios, which, as of late 2024, included benchmark companies such as **th Century Studios, Marvel, Pixar, and Searchlight. Despite a ** percent increase in box office revenue across the United States and Canada in 2024, that year's figure remained below the amount that Disney's studio division amassed in 2019, before the pandemic. Still, Disney alone accounted for a significant share of the box office revenue in the U.S. and Canada in 2024, driven by the success of "Frozen 2" and "Moana 2. Parks and recreation The holding is also known for its theme parks, which continued to bounce back from the coronavirus outbreak and its subsequent mobility restrictions. In 2023, the Magic Kingdom theme park, located at Walt Disney World in Orlando, Florida, was the most visited Disney theme park location in the United States, with over **** million visitors. Similarly, The Walt Disney Company's net income remained far from pre-pandemic standards. The figure amounted to about **** billion dollars in the fiscal year 2024 – only a little more than one-third of the record-high ****-billion-dollar result seen in the fiscal year 2018.
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In 2024, the real gross domestic product (GDP) of Florida was about 1.34 trillion U.S. dollars. This is an increase from the previous year, when the state's GDP stood at around 1.29 trillion U.S. dollars.