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If the state were considered separately, it would rank as the fifth largest economy in the world, behind rest of the United States, China, Japan, and Germany as of 2017. The state recently overtook the United Kingdom to take the fifth spot. The U.S. Bureau of Economic Analysis reported that California's GDP was $2.751 trillion in 3rd quarter 2017.
Articles relating to the economy of California, the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. If California were a sovereign nation (2019), it would rank as the world's fifth largest economy , ahead of India and behind Germany .
“The forces driving California’s economy remain robust,” said the analysis by Jerry Nickelsburg, forecast director. Consumer price increases in California, which averaged 4% last year ...
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.
WalletHub ranked all 50 states in the U.S. based on economic activity, health and potential. California’s economy is among the best in the nation, new study reveals. Who’s No. 1?
New economic data puts the California economy at $2.747 trillion — bigger than most nations. The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion.
The megaregion thus accounted for 3.9% of the U.S. population, [6] and 5.9% of the U.S. economy in 2018. [8] The concept is seen as increasingly relevant in the context of a rapidly growing Northern California economy plagued by transportation issues and a lack of affordable housing. [9] [4]
California’s unemployment rate continues to be among the nation’s highest. California economy is having a ‘subpar’ year in 2024, study shows Skip to main content