Economy

California becomes the fourth-largest economy in the world

By Elaine Mallon
Published April 24, 2025 12:10pm ET
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California becomes the fourth-largest economy in the world
California Gov. Gavin Newsom speaks during a news conference Thursday, March 21, 2024, in Los Angeles. (AP Photo/Damian Dovarganes, File)

California is now the fourth-largest economy in the world, with a nominal GDP of $4.10 trillion in 2024. 

The Golden State is behind the United States, China, and Germany, which had a GDP of $4.65 trillion in 2024. The next largest economy after California is Japan, with a GDP of $4.02 billion.

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Agriculture California Economy Manufacturing