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