California – Economic Data

September 30, 2023

California

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Economic Data

Padmini Arhant

California Economy: 

“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.

California’s GDP in 2022 was $3.6T, representing 14.3% of the total U.S. economy. If California were a country, it would be the 5th largest economy in the world, and more productive than India and the United Kingdom.

If California were a sovereign nation (2022), it would rank in terms of nominal GDP as the world’s fifth largest economy, behind Germany and ahead of India.”

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The important factor about California is with 39 million population generating $3.6 Trillion GDP growth. The stellar performance ranked as 5th largest economy in the world in return contributing to and enhancing United States economy to rank number one in the global arena is an impressive milestone.

Proud of the Golden State – California.

Padmini Arhant 

Written by Padmini Arhant · Filed Under Economy, Featured, United States 

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