California Economy Size Compared To Us
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California is one of the worlds largest economies as measured by gross domestic product currently ranking 5th in the world if it were judged as its own country.
California economy size compared to us. Californias gdp compared to other states and countries the economy of california is the largest in the united states boasting a 32 trillion gross state product as of 2019. If california were its own nation it would be the fifth largest economy in the world. If california were a sovereign nation 2019 it would rank as the worlds fifth largest economy ahead of india and behind germany.
Many of the states of the united states have large gross domestic product called gross state product which would rank highly on a list of countries world gdp. The first map shows seven areas of the us that have the same gdp as entire countries. Californias economic output is now surpassed only by the total gdp of the united states china japan and germany.
Both have nearly 254 trillion in output. The state has 12 percent of the us. The six most populous states california texas florida new york illinois and pennsylvania are also the six biggest contributors to us.
It shows that california has the same size economy as france. Gdp according to the bureau of economic analysis. With a gdp of 29 trillion california would slot between germany and the united kingdom in the worlds top.
In comparison the world banks 2015 nominal gdpfigures were. This is a comparison between us. Americas largest state economy is california which produced nearly 3 trillion of economic output in 2018 more than the united kingdoms gdp last year of 28 trillion.
Population but contributed 16 percent of. Californias gross state product gsp in 2015 was 2589 trillionaccording to the united states bureau of economic analysisbea. Depending on how you measure it only the uk germany japan china and of course the united states itself have larger economies than californias.
California the worlds sixth largest economy the american state with the biggest economy is california which in 2015 produced 244 trillion of economic output.
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