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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the world's fourth largest economy, behind Germany and ahead of Japan (4.070
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
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 $2.625 trillion.
Administrative subdivision Type Country Continent GDP (PPP) (billion US$) [needs update]Year Pop. (mil) GDP per capita (PPP) (thousand US$) California State United States North America
The report indicates that California’s economy is faltering, compared to the rest of the country (and world). Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800 ...
California could soon become the world’s fourth largest economy. As Gov. Gavin Newsom is fond of saying, “Eat your heart out, Texas.”
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...
California, though, should continue to have an unemployment rate higher than the national average, the forecast said. That rate averaged 4.2% last year and is expected to climb to 4.6% this year ...