Texas enters 2021 as world's 9th largest economy by GDP

Texas enters 2021 as the world's ninth largest economy, proof of the success of a long-term strategy to make Texas the best place to start or relocate a business, said Robert Allen, President and CEO of the Texas Economic Development Corporation.

"This is more than just a statistic," Allen said. "The fact that our state, if it were a nation, would be the world's ninth largest economy shows that Texas is well positioned to outperform economically, regardless of the challenges that may lie ahead."

TxEDC is an independently funded non-profit organization in partnership with the Governor's Office of Economic Development and Tourism charged with marketing Texas as a premier business location, the cornerstone of Texas Gov. Greg Abbott's economic development agenda.

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