Being an ukbusinessupdates.com or self-starter not only means contributing to your own financial success, you are also contributing to the local economy.
A recent report by the e-commerce platform Shopify analyzed the economic impact of entrepreneurs worldwide by measuring how people in the platform’s ecosystem contributed to supported jobs (the number of jobs maintained by entrepreneurs using the Shopify platform to sell goods and services ), GDP impact (value of goods and services produced by merchants), and business activity (merchant revenue plus the revenue of suppliers who provide materials and services).
In total, entrepreneurs in the Shopify ecosystem supported 5.2 million jobs globally in 2022 (an increase of 8.3% from 2021) and generated $490.5 billion in economic activity (+8.6%).
Leading Shopify’s global rankings was the US, with more than $270 billion generated from business activities, 1.1 million jobs supported, and a GDP impact of $128.7 billion. Second and third place were both in Eastern Europe — Lithuania (No. 2) and Romania (No. 3) — followed by the United Kingdom (No. 4) and the Czech Republic (No. 5).
In the US, Delaware was the top state for entrepreneurial contribution to the economy with business activity of $2.2 billion, 9,280 jobs supported, and a GDP impact of more than $1 billion.
Related: The Top Benefits of Using Shopify for Your Business
After Delaware, the Mountain States dominated the ranks, with three of the top five nationwide in the region: Wyoming (No. 2), Montana (No. 4), and Utah (No. 5). California ranked No. 3 and also led independently for most jobs created nationwide with 134,024.
Here are the top 10 US states where entrepreneurs in the Shopify ecosystem generate the most business for their economy:
Delaware:
Business activity: $2.2 billion
Supported jobs: 9,280 supported jobs
GDP impact: $1 billion
Wyoming:
Business activity: $912 million
Jobs Supported: 3,710
GDP impact: $416 million
California:
Business activity: $57.6 billion
Supported jobs: 235,237
GDP impact: $26.6 billion
Montana:
Business activity: $694 million
Jobs Supported: 2,838
GDP impact: $325 million
Utah:
Operating activity: $6.9 billion
Jobs Supported: 28,081
GDP impact: $3.1 billion
Nevada:
Business activity: $3.4 billion
Supported jobs: 13,885
GDP impact: $1.5 billion
Alabama:
Business activity: $2.6 billion
Jobs Supported: 10,832
GDP impact: $1.2 billion
Florida:
Business activity: $15.5 billion
Supported jobs: 63,560
GDP impact: $7.2 billion
Idaho:
Business activity: $1.3 billion
Jobs Supported: 5,612
GDP impact: $639 million
Hawaii:
Business activity: $826 million
Jobs Supported: 3,380
GDP impact: $389 million
