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1. www.visualcapitalist.com › cp › visualizingVisualizing California’s GDP Compared to Countries

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   Mar 18, 2023 · California’s $3+ trillion GDP is an enormous figure in its own right, so it’s no surprise that it is larger than certain nations’ economic output. But even when comparing with economies like Malaysia, Colombia, and Finland, all among the top 50 countries by GDP, California stands tall.

2. www.gov.ca.gov › 2024/04/16 › california-remains-theCalifornia Remains the World’s 5th Largest Economy

   www.gov.ca.gov › 2024/04/16 › california-remains-the

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   Apr 16, 2024 · California is the 5th largest economy in the world for the seventh consecutive year, with a nominal GDP of nearly $3.9 trillion in 2023 and a growth rate of 6.1% since the year prior, according to the U.S. Bureau of Economic Analysis (BEA).

3. financebuzz.com › california-economy-facts15 Facts About California’s Economy (#6 Will Blow Your Mind)

   financebuzz.com › california-economy-facts

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   May 28, 2024 · Clocking in at over $3.5 trillion in 2022, the state's GDP is the engine powering the nation's economic landscape. Dive deeper with us to uncover 15 fascinating facts about California's economy and how its residents build wealth.

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4. usafacts.org › topics › economyEconomy of California - USAFacts

   usafacts.org › topics › economy

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   Aug 30, 2023 · Discover the current state of California's economy, including its growth, unemployment rate, and key industries. Get insights from government data provided by the Bureau of Economic Analysis and the Bureau of Labor Statistics.

5. en.wikipedia.org › wiki › Economy_of_CaliforniaEconomy of California - Wikipedia

   en.wikipedia.org › wiki › Economy_of_California

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   The economy of the State of California is the largest in the United States, with a $3.987 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world.

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7. ajed.assembly.ca.gov › sites › ajedFast Facts on the California Economy

   ajed.assembly.ca.gov › sites › ajed

   California had a $3.3 trillion economy in 2021, representing 14.5% of US GDP. Real GDP increased in all 50 states and DC in 2021. Compared to GDP of nations, California’s 2020 GDP of $3.1 trillion ranks as 5 th largest in the world.1 Bloomberg reports that in the 2021 rankings, California would be the 4 largest economy in the world.

8. www.latimes.com › business › storyAfter a COVID downturn, California economy ready to rebound ...

   www.latimes.com › business › story

   Jun 2, 2021 · California’s strict public health measures during the pandemic protected its economy, setting the stage for an even faster recovery in the state than nationwide, UCLA economists reported.

9. People also ask

   Does California have a good economy?

   • Government data offers valuable insights into a state's economy. California's economy ranks 1st in size among states and Washington, DC. Explore this page to learn about the state's economic growth, job market, and economy size, backed by data from reputable sources like the Bureau of Economic Analysis and the Bureau of Labor Statistics.

   Economy of California Statistics and Data Trends: GDP ranking

   usafacts.org/topics/economy/state/california/

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   How big is California's economy in 2021?

   • California had a $3.3 trillion economy in 2021, representing 14.5% of US GDP. Real GDP increased in all 50 states and DC in 2021. Compared to GDP of nations, California’s 2020 GDP of $3.1 trillion ranks as 5th largest in the world.1 Bloomberg reports that in the 2021 rankings, California would be the 4th largest economy in the world.

   Fast Facts on the California Economy

   ajed.assembly.ca.gov/sites/ajed.assembly.ca.gov/files/1- CA Economy Fast Facts updated Nov 15 2022.pdf

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   What is California's economic output?

   • When looking at the economic output of each state, especially the largest and wealthiest ones, they often compare to or even exceed the GDPs of entire nations. To illustrate, this visual from StatsPanda looks at California’s $3.36 trillion GDP using data from The World Bank and compares it to 10 sizable country economies. Let’s take a closer look.

   Visualizing California’s GDP Compared to Countries - Visual Capitalist

   www.visualcapitalist.com/cp/visualizing-californias-gdp-compared-to-countries/

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   How big is California's economy?

   • In 3rd quarter of 2023, California accounted for 14.5% of the US economy. California ranks 1st in economy size among states and Washington, DC. In general, the size of a state’s economy is correlated with the size of its population, though a number of other factors determine its ranking in economic output.

   Economy of California Statistics and Data Trends: GDP ranking

   usafacts.org/topics/economy/state/california/

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   What is California's GDP?

   • Each state’s GDP is divided into the US GDP to determine the percent share that a state contributes to the national economy. In the 3rd quarter of 2023, the real GDP for information in California was $556.4 billion per year (seasonally adjusted), the highest in the state.

   Economy of California Statistics and Data Trends: GDP ranking

   usafacts.org/topics/economy/state/california/

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   Is California's economic growth lower than the US?

   • The latest data shows that California economic growth is lower than the US overall. Gross domestic production (GDP) estimates the size of an area’s economy. It is the total value of all goods and services produced in an area.

   Economy of California Statistics and Data Trends: GDP ranking

   usafacts.org/topics/economy/state/california/

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