Florida Chamber Foundation reports 6.3% annual economic growth as the state moves closer to its goal of becoming one of the world’s 10 largest economies by 2030.
FLORIDA — Florida’s economy has reached $1.8 trillion, making it the 14th-largest economy in the world, according to a July 2026 announcement from the Florida Chamber Foundation.
The state moved up from 15th place after surpassing Australia and Mexico in the foundation’s global economic rankings.
The foundation reported that Florida’s economy grew 6.3% over the previous year, bringing the state closer to the objectives outlined in its Florida 2030 Blueprint.
Florida Advances in Global Economic Rankings
According to the Florida Chamber Foundation, Florida would need approximately 2% additional economic growth to surpass South Korea and move into 13th place.
Reaching the world’s top 10 economies would require approximately 21% additional growth, based on the foundation’s figures. Canada currently holds the 10th position in the rankings cited by the organization.
The Florida 2030 Blueprint identifies becoming one of the world’s 10 largest economies by 2030 as a key economic objective.
The foundation attributed Florida’s economic position to continued business activity, job creation and investment.
Foundation Highlights Florida’s Economic Performance
Alongside the global economic ranking, the Florida Chamber Foundation identified several areas in which the state holds leading national positions.
According to the organization, Florida ranks first nationally in new business startups, manufacturing job growth, net income migration, new business migration and Black-owned businesses.
The foundation also identified Florida as having the nation’s top-ranked higher education system and the lowest state debt per capita.
Additionally, it reported that Florida ranks second nationally for Hispanic-owned and women-owned businesses.
The organization stated that 155,742 fewer children were living in poverty in Florida compared with the period when the Florida 2030 Blueprint was launched.
These rankings and figures were presented by the Florida Chamber Foundation as part of its assessment of the state’s economic progress.
Florida Chamber Foundation Outlines 2030 Goals
Mark Wilson, president and CEO of the Florida Chamber of Commerce and Florida Chamber Foundation, connected the state’s rise in the global rankings to the organization’s Florida 2030 Blueprint.
In the announcement, Wilson highlighted job creation, business investment, new business formation and economic opportunities for Florida families.
Sheridan Morby, the foundation’s senior director of economic research, also identified labor market expansion and business investment as factors contributing to the state’s economic position.
The foundation said it planned to provide additional economic analysis in its 2026 Florida Business & Economic Mid-Year Report.
The report was expected to examine economic growth, population changes, inflation, manufacturing, workforce development and housing affordability.
Florida’s reported position as the world’s 14th-largest economy represents an improvement of one place from its previous ranking, according to the Florida Chamber Foundation’s July 2026 announcement.
Source: Florida Chamber Foundation, July 2026.
Original announcement: https://www.flchamber.com/florida-chamber-foundation-announces-floridas-1-8-trillion-economy-is-now-the-worlds-14th-largest-economy/
