ECONOMIC INFORMATION
Population: 17.3m
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Population growth (from 2003-2004) : 2.3%
Population density (people per sq. km): 124.4
UN Human Development Index ranking (2002): 8 (US rank)
Gross national income (current US$) (GSP): $550,005,000,000
Gross national income per capita (GSP per capita): $31,615
PPP Gross national income (GSP) : $550,005,000,000
PPP Gross national income per capita (GSP per capita): $31,615
GDP growth (Real GSP growth 2001-02) : 3.3%
GDP breakdown (GSP) 2002 see graph
Inflation (12-month average) : 3.0%
Gross capital formation as % of GDP: n/a
Final consumption expenditure as % of GDP (growth): n/a
Exports of goods & services as % of GDP : 7.6%
Top 3 export markets: Brazil, Canada & Mexico
Local industries : Life sciences, IT, aviation/aerospace, home & security/defence, financial/professional services, manufacturing
WEF Growth Competitiveness ranking *: 2/104 (US rank)
WEF Business Competitiveness ranking **: 1/103 (US rank)
WEF Quality of the Business Environment ranking: 2/103 (US rank)
Languages : English (official), Spanish
IPA
Name: Enterprise Florida, Inc.
Web address: www.eflorida.com
* World Economic Forum Growth Competitiveness Ranking assesses an economy’s ability to grow consistently
** World Economic Forum Business Competitiveness Ranking assesses the microeconomic factors that contribute to economic growth
*** The difficulty of hiring workers and the difficulty and expense of firing workers is reflected as an index where the higher the value the more rigid the regulations