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If California were a nation it would rank in terms of nominal GDP as the List of countries by GDP World's fourth largest economy, behind Germany (4.71 trillion) and ahead of the Japan (4.07 trillion). Additionally, California's Silicon Valley is home to some of the world's most valuable technology companies, including Apple, Alphabet, and ...
GDP (PPP) means gross domestic product based on purchasing power parity. This article includes a list of countries by their forecast estimated GDP (PPP). [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates.
This is a list of North American nations ranked by Gross Domestic Product (GDP) at Purchasing Power Parity (PPP). Figures are given in 2021 International Dollars according to International Monetary Fund 2020 figures. [1] [2]
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
California's economy is dependent on trade and international related commerce accounts for about one-quarter of the state's economy, and representing 7% of their GDP; California's biggest trade partner is Mexico. In 2008, California exported $144 billion worth of goods, up from $134 billion in 2007 and $127 billion in 2006. [288]
California could soon become the world’s fourth largest economy. As Gov. Gavin Newsom is fond of saying, “Eat your heart out, Texas.”
Forecasts show California could soon surpass Germany in GDP, a measure that reflects the state's growth and resiliency, but also Germany's economic struggles.
The Penn World Table (PWT) is a set of national-accounts data developed and maintained by scholars at the University of California, Davis and the Groningen Growth Development Centre of the University of Groningen to measure real GDP across countries and over time.