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California GDP by sector in 2017 [27] In 2002, the U.S. government began to use the North American Industry Classification System (NAICS) system of classifying economic activities, to better reflect today's economy. [28] Government is California's largest industry, like most states, with about 2.5 million employees.
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
us gdp by cbsa, 2022. This is a list of the United States metropolitan areas by their gross domestic product (GDP). Real GDP for the top 50 metropolitan statistical areas in millions of dollars [ 1 ] [ 2 ] [ 3 ]
California's economy is the fifth-largest in the world. Last year the state faced an estimated $46.8 billion budget deficit and in the year before, a $32 billion budget shortfall.
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 .
Own work based on California Economic Strategy Panel Regions (PDF). California Labor Workforce and Development Agency (October 2006). Archived from the original on 2011-10-01. Retrieved on March 1, 2010. Author: Own work Based on File:California county map (labeled).svg by User:Thadius856: Other versions
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.