Texas GDP on the world stage
Climbing global economic ranks
If Texas were a country, it would be the eighth-largest economy in the world,
ahead of Canada and even Russia. In 2022, Texas’ gross domestic product (GDP) — the total market value of all finished goods and services — totaled $2.4 trillion. Texas keeps climbing the world economic ranks; only a decade ago, it was the 12th-largest economy.
This map compares the gross domestic product of Texas’ economic regions to the gross domestic product of other nations.
The $709.9 billion economy in the Metroplex was larger than Poland’s at $688.3 billion.
The $642.1 billion economy in the Gulf Coast region was larger than Argentina’s at $630.7 billion.
The $229.2 billion economy in the Capitol region was larger than Algeria’s at $225.6 billion.
The $201.2 billion economy in the Alamo region was larger than Kuwait’s at $182.8 billion.
The $166.5 billion economy in the West Texas region was larger than Ukraine’s at $160.5 billion.
The $117.5 billion economy in the South Texas region was larger than Ecuador’s at $116.6 billion.
The $71.6 billion economy in the High Plains region was slightly less than Croatia’s at $71.7 billion.
The $71.5 billion economy in the Central Texas region was larger than Lithuania’s at $71 billion.
The $66.2 billion economy in the Upper East region was slightly more than Democratic Republic of the Congo’s at $65.9 billion.
The $49.3 billion economy in the Upper Rio Grande region was slightly more than Jordan’s at $48.7 billion.
The $46.5 billion economy in the Southeast region was slightly more than Tunisia’s at $46.3 billion.
The $31.4 billion economy in the Northwest region was slightly more than Zimbabwe’s at $31.3 billion.
Comparing GDP among the 12 Comptroller-designated economic regions produces additional insights that demonstrate the state’s economic might.
In 2022, the $709 billion economy in the Metroplex, the state’s most populous region, was larger than Poland’s. Likewise, the Gulf Coast region’s economy — at $642.1 billion in 2022 — exceeded that of Argentina.
Note: GDP measured in current dollars. U.S. ranked No. 1.
Sources: U.S. Bureau of Economic Analysis; International Monetary Fund
A REVIEW OF THE TEXAS ECONOMY