Data for Syria's 2014 GDP is from the September 2011 WEO Database, the latest available from the IMF. 3.1 trillion USD. Tech industries have certainly boosted the Golden State’s economy—The Guardian recently noted how Silicon Valley alone would be one of the world’s richest countries. 1. * No hordes of idiots saying “californians are evil and will kill us all” in every media source they can get their hands on. For example, California’s $2.6 trillion economy is larger than all but half a dozen countries worldwide. In fact, three US states have bigger GDP’s than Russia - California, Texas, and New York. During the past decade, California’s publicly traded companies returned 420 percent. America's largest state economy is California, which produced $2.44 trillion of economic output in 2015, just slightly above the GDP of France during the same period of $2.42 trillion. California (United States) 80,563 7 Washington (United States) 80,170 8 Delaware (United … World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita California's economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany. Russia: $1.65 trillion, — The Spectator Index (@spectatorindex) January 18, 2019. GDP measures the size of a country’s economy. 2.7 trillion USD and GDP PPP approx. Gross domestic product, or GDP, is the total value of goods and services a state or country produces over a given period. A new map shows how each US state's economy stacks up to countries … Figures exclude Taiwan (#18, GDP 1,300,200) and special administrative regions of Hong Kong and Macau. The U.S. Bureau of Economic Analysis reported last month that California's GDP was $2.5 trillion in 2015, up 4.1 percent from a year earlier. The U.S. Bureau of Economic Analysis reported last month that California’s GDP was $2.5 trillion in 2015, up 4.1 percent from a year earlier. * Population of California is smaller. The US state of California has a larger gross domestic product than that of all African countries put together, a popular Twitter account claimed in January 2019. Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the third quarter of 2020, as real GDP for the nation increased at an annual rate of 33.4 percent. Amazingly, it required a labor force 75% larger (and 14.5 million more people) in the UK to produce the … Some of the world’s largest and most famous companies contribute to the California economy, like Apple, Google, Facebook, Disney, and Chevron. There are only four countries in the world which have bigger GDP’s than California, and Russia is not one of them. California’s GDP is so large it makes up 14% of the United States’ total GDP of $19.48 trillion. In a tweet to its nearly 900,000 followers The Spectator Index said the state’s GDP was US$2.9 trillion, and Africa’s $2.33 trillion. 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California is a large state in the western United States. More than this, California had a bigger economy than the UK, France, India, Brazil and Russia, the tweet said. The US state of California has a larger gross domestic product than that of all African countries put together, a popular Twitter account claimed in January 2019. Data and Tools: Data for state level GDP is obtained from Wikipedia for the year 2017. Both have nearly $2.54 trillion in output. These figures are at current market rates, which means they have not been adjusted for inflation. The state has 12 percent of the U.S. population but contributed 16 … In a tweet to its nearly 900,000 followers The Spectator Index said the state’s GDP was US$2.9 trillion, and Africa’s $2.33 trillion. The U.S. Bureau of Economic Analysis reported last month that California’s GDP was $2.5 trillion in 2015, up 4.1 percent from a year earlier. The main sectors of the California economy are agriculture, technology, tourism, media (movies and TV) and trade. The gross domestic product of a state is calculated every three months. In this blog post, we discuss one of the most common questions we are asked—how California's economy compares with that of major countries around the world—based on the preliminary 2014 GDP data. Comparison between U.S. states and countries by GDP (nominal), Comparison between U.S. states and countries by GDP (PPP), Comparison between U.S. states and sovereign states by GDP per capita, List of countries by GDP (nominal) per capita, List of countries by GDP (PPP) per capita, List of regions by past GDP (PPP) per capita, List of countries by future GDP (nominal) estimates, List of countries by past and future GDP (nominal), "Report for Selected Country Groups and Subjects", "Gross domestic product (GDP) by state (millions of current dollars)", List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=Comparison_between_U.S._states_and_sovereign_states_by_GDP&oldid=1000590466, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 January 2021, at 19:53. Africa Check has asked Spectator Index for the source of its data. Could one US state have a larger GDP than that of Africa, a continent of 55 recognised states? In 2019, the per capita real GDP of California stood at 70,662 chained 2012 U.S. dollars. California's largest GDP among all US states. Traditional GDP Ranking—U.S. California, the world’s sixth-largest economy. We’ve previously fact checked a number of claims from this account but have not received a response to requests for the source of its information. In fact, three US states have bigger GDP’s than Russia - California, Texas, and New York. California Was the 7th or 8th Largest Economy in World in 2014, Based on Traditional Measure. This is a comparison between U.S. states and sovereign states' Nominal Gross Domestic Product based on International Monetary Fund and Bureau of Economic Analysis data as 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. Its GDP compares favourably to that of France, which produced $2.42 trillion during the same period. Can you compare different geographical regions? … “For example, it’s far easier if I say ‘if California were a country it would be the xth largest country by economy’ than if I gave you some absolute statement about the actual size of California’s GDP,” said Chelwa. Can you compare different geographical regions? In 2019 both countries had nominal GDP approx. It shows that California has the same size economy as France. Meanwhile, as border issues heat up down south in Texas, the state could trade its local economy for that of our northern border friends in Canada. It is the market value of all goods and services produced in a country in a given period, usually a year. California’s GDP was $2.798 trillion in 2017, according to the US Bureau of Economic Analysis. Dollar Comparison. America’s largest state economy is California, which produced nearly $3 trillion of economic output in 2018, more than the United Kingdom’s GDP last year of $2.8 trillion. 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