Texas is the world’s ninth-largest economy. As of 2019, the U.S., with a GDP size of $21.4 trillion, is the world’s largest economy, followed by China, Japan and Germany.
As per the IMF ranking of global economies, Texas, with a GDP of $1.9 trillion, is technically at ninth place with Italy being at eighth with a GDP of $2 trillion, and Brazil at tenth with a GDP of $1.8 trillion. Moreover, the state is ranked among the top in the U.S. when it comes to growth prospects, owing to robust employment and income growth forecasts. Texas is home to several world-class companies, and last year, many companies have either moved to or expanded their operations in the state. Let’s take a look at the ten most profitable companies in Texas.