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Florida Chamber Foundation announces Florida now ranks as the world’s 15th largest economy

Florida advances from 16th to 15th in global economy rankings, surpassing Spain and nearing Australia on its path to a Top 10 economy.

The Florida Chamber Foundation announced Thursday that Florida, if it were a nation, would now rank as the 15th largest economy in the world, with a gross domestic product exceeding $1.7 trillionThe Florida Chamber Foundation has set a long-term goal of making Florida a top 10 global economy by 2030. Florida has surpassed Spain and stands just $25.5 billion behind Australia.

This achievement marks an important milestone in Florida's long-term effort to become one of the most competitive economies in the world. It comes as the Florida Chamber Foundation unveiled a first glance at the soon-to-be-released Florida 2030 Blueprint Halftime Report at this week's Future of Florida Forum (F3) & Florida Chamber Annual Meeting in Orlando. Clearly, the policies of Florida's leaders, including Governor DeSantis, together with the innovation of Florida's job creators, are working.

“When we launched the Florida 2030 Blueprint, Florida ranked 18th in the world,” said Mark Wilson, President & CEO of the Florida Chamber of Commerce and Foundation. “Today, we are 15th and gaining ground on Australia. This is the direct result of years of laser focus on free enterprise, principled leadership, smart policy decisions, and business and community leaders working together to secure Florida's future. Florida's rise is not just a state story. It is a global story.” 

The Florida Chamber Foundation's Florida 2030 Blueprint Halftime Report Overview (a glimpse into the Halftime Report findings) shows strong progress in key areas driving Florida's economy forward. Since the launch of the Florida 2030 Blueprint, Florida has added more high-wage jobs, expanded its workforce (currently over 10 million workers, more than the population of 40 U.S. states), and measurably reduced childhood poverty through the Florida Prosperity Initiative.

Florida Leads the Nation in Key Economic Categories 

  • No. 1 for New Business Start-Ups 
  • Top 3 State for Business  
  • No. 1 Economy in the Country  
  • No. 1 Higher Education System 
  • No. 1 State for Manufacturing Job Growth 
  • No. 1 State for Net Income Migration 
  • No. 1 State for New Business Migrations 
  • No. 1 State for Black-owned businesses 
  • No. 2 State for Hispanic- and women-owned businesses
  • 155,742 Fewer Children Living in Poverty since the launch of the Florida 2030 Blueprint
  • Lowest State Debt Per Capita 
  • Among the top states for infrastructure investment and talent growth 

“Florida's economic success is no accident,” said Sheridan Morby, Senior Research Economist at the Florida Chamber Foundation. “It is the result of businesses, government, and communities working toward a shared vision. The data show clear progress toward making Florida a top 10 global economy by 2030.” 

Inform your 2026 strategic planning with a deeper dive into Florida's economic future 

Florida's business and community leaders are invited to learn more about Florida's changing economic landscape, global leadership, and how it impacts business at the Florida Chamber Foundation's virtual 2026 Florida Economic Outlook & Jobs Solution Summit, January 29, 2026. The event will feature insights from local and national leading economists, industry and policy experts, and Florida's job creators to inform smart strategic planning as the trends shaping Florida's business and economic landscape continue to evolve. Register now.

When the revised numbers were recently published, it first appeared that Florida had moved ahead of South Korea. However, South Korea's 2024 GDP data have not yet been updated. Our Research team will continue to monitor the global data.

About the Florida Chamber Foundation  

The Florida Chamber Foundation is a statewide, business-led, non-partisan research and leadership organization focused on securing Florida's future. By prioritizing long-term strategies over short-term gains, the Foundation partners with regional and state leaders to ensure global competitiveness, prosperity, high-paying jobs, and vibrant communities for all Floridians. Guided by the Florida 2030 Blueprint and its Six Pillars of Florida's Future Economy, the Foundation focuses on improving Florida's talent pipeline, diversifying the economy through new technology and innovation, enhancing infrastructure, fostering a business-friendly climate, streamlining government efficiency, and championing quality of life. Companies interested in supporting the Foundation's work and research agenda should consider joining our Community Development Partner (CDP) Council, the highest-level supporters of the Florida Chamber Foundation. See CDP Council information here.