Latinas in the U.S. contribute 1.3 trillion dollars to GDP.

Latina women contributed $1.3 trillion to the Gross Domestic Product (GDP) of the United States in 2021, a figure that represents a significant increase from $661 billion in 2010.

According to the AP agency, this growth rate is almost three times higher than that of non-Latinos during the same period, according to a new report funded by Bank of America and prepared by professors from the University of California in Thousand Oaks and UCLA.

The document, based on economic and demographic data from U.S. agencies, reveals that “Latinas are drivers of economic vitality in the United States, bringing life to the country's economy,” said Matthew Fienup, economist and one of the study's authors, during a Zoom presentation.

Fienup added in a press release that "Latinas outperform their gender and ethnicity peers in key economic indicators, including record levels of labor force participation, educational attainment, and income growth," according to the mentioned medium.

The economic contribution of $1.3 trillion from Latinas is approximately equivalent to the GDP of Florida, surpassed only by California, Texas, and New York, according to the U.S. Bureau of Economic Analysis.