FACTOID # 1: Puerto Rico has roughly the same gross state product as Montana, Wyoming and North Dakota combined.
 
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Economy Statistics > GSP > Nominal GSP > Insurance carriers and related activities (most recent) by state

VIEW DATA:   Totals  
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Showing latest available data.

   California  9.7%
   New York  9.1%
   Texas  6.6%
   Illinois  6.4%
   Connecticut  5%
   Pennsylvania  4.8%
   Florida  4.3%
   Ohio  4.1%
   New Jersey  4.1%
   Massachusetts  3.6%
   Minnesota  2.9%
   Michigan  2.8%
   Wisconsin  2.6%
   Iowa  2.6%
   Georgia  2.2%
   Indiana  2.1%
   North Carolina  1.9%
   Maryland  1.8%
   Missouri  1.7%
   Arizona  1.7%


Rank   States  Amount 
# 1   California: $2,492,000,000.00  
# 2   New York: $2,327,000,000.00  
# 3   Texas: $1,688,000,000.00  
# 4   Illinois: $1,649,000,000.00  
# 5   Connecticut: $1,280,000,000.00  
# 6   Pennsylvania: $1,240,000,000.00  
# 7   Florida: $1,094,000,000.00  
# 8   Ohio: $1,049,000,000.00  
# 9   New Jersey: $1,037,000,000.00  
# 10   Massachusetts: $917,000,000.00  
# 11   Minnesota: $733,000,000.00  
# 12   Michigan: $716,000,000.00  
# 13   Wisconsin: $662,000,000.00  
# 14   Iowa: $654,000,000.00  
# 15   Georgia: $570,000,000.00  
# 16   Indiana: $530,000,000.00  
# 17   North Carolina: $477,000,000.00  
# 18   Maryland: $464,000,000.00  
# 19   Missouri: $443,000,000.00  
# 20   Arizona: $432,000,000.00  
# 21   Washington: $425,000,000.00  
# 22   Virginia: $412,000,000.00  
# 23   Colorado: $393,000,000.00  
# 24   Tennessee: $359,000,000.00  
# 25   Delaware: $339,000,000.00  
# 26   Nebraska: $285,000,000.00  
= 27   Alabama: $225,000,000.00  
= 27   Oregon: $225,000,000.00  
# 29   Kentucky: $222,000,000.00  
# 30   Kansas: $219,000,000.00  
= 31   Louisiana: $215,000,000.00  
= 31   South Carolina: $215,000,000.00  
# 33   Oklahoma: $180,000,000.00  
# 34   New Hampshire: $149,000,000.00  
# 35   Nevada: $123,000,000.00  
# 36   Utah: $117,000,000.00  
# 37   Rhode Island: $116,000,000.00  
# 38   Maine: $112,000,000.00  
# 39   Mississippi: $110,000,000.00  
# 40   Arkansas: $109,000,000.00  
# 41   Hawaii: $72,000,000.00  
# 42   New Mexico: $69,000,000.00  
# 43   District of Columbia: $67,000,000.00  
# 44   West Virginia: $65,000,000.00  
# 45   Idaho: $62,000,000.00  
# 46   Vermont: $51,000,000.00  
# 47   North Dakota: $48,000,000.00  
# 48   South Dakota: $47,000,000.00  
# 49   Montana: $41,000,000.00  
# 50   Alaska: $40,000,000.00  
# 51   Wyoming: $15,000,000.00  
Total: $25,581,000,000.00   
Weighted average: $501,588,235.29   



DEFINITION: Insurance carriers and related activities, Nominal GSP (current dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year.

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