Texas' Economic Strength

The World's 10th Largest Economy

Workforce to industry base, Texas’ sheer size makes it an unrivaled powerhouse in the global economy.

In fact, if it were a country, Texas would be the 10th largest economy in the world, ahead of Australia, Mexico, Spain and Russia. Companies continue to flock to the Lone Star State to tap into the nation’s second-largest civilian workforce of 14 million, world-class infrastructure with international access by land, sea and air, and more. It’s no wonder that Texas is the leading state for GDP, exports, population growth and job creation.

Rankings

The Charles Schwab facility being constructed in Austin, Texas.

#1 Destination for Company Relocations

Dallas Fed 2019
Groups of people occupy a large greenspace outside of Pearl Brewery in San Antonio, Texas.

#1 Growing Population

U.S. Census Bureau 2020
The silhouette of a large oil pump with a sunset backdrop in Texas.

#1 Exporter in the U.S.

U.S. Census Bureau

Economy

Businesses continue to invest in the Lone Star State and strengthen our economy thanks to unparalleled business advantages.

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