WestCoastBBW
Virgin
- Joined
- Jan 5, 2023
- Posts
- 17
California is the world's fifth-largest economy. In 2023, its gross domestic product (GDP) was approximately $3.9 trillion, comprising 14% of the U.S. national GDP, according to the Public Policy Institute of California. Globally, it ranks behind the U.S., China, Germany, and Japan.And the blue states are broke...![]()
Here's a more detailed look:
- GDP:
California's nominal GDP reached $4.1 trillion in 2024, surpassing Japan's $4.02 trillion, according to the Governor of California.
- Rank:
This places California as the 4th largest economy in the world, behind the U.S., China, and Germany.
- Growth:
In 2024, California's economy grew at a rate of 6%, outpacing the top three economies.