"Using gross domestic product as the yardstick, my trusty spreadsheet compared new 2025 estimates for nations, released by the International Monetary Fund on Tuesday, Oct. 14, to state-level readings for the second quarter of 2025 from the Bureau of Economic Analysis, released in September. The Golden State economy was generating goods and services at a nationwide leading annual rate of $4.215 trillion in the second quarter up 5% in a year, according to the BEA."
"IMF stats show that right behind Japan and California is India at $4.125 trillion, up 5.5%, and the United Kingdom with $3.96 trillion, up 8.6%. So roughly $300 billion a 7% gap separates these three nations and California on this vanity scorecard. California gained the No. 5 global ranking in 2017 and then rose to No. 4 last year following a long-running dip in the Japanese economy. This scorecard reflects both geographic economic progress and fluctuations in the U.S. currency."
California produced goods and services at an annualized $4.215 trillion in Q2 2025, a 5% year-over-year increase per BEA state-level data. The IMF's updated 2025 national estimates show Japan at $4.28 trillion, up 6.5%, reclaiming the fourth-largest global position and pushing California to fifth. India follows at $4.125 trillion (up 5.5%) and the United Kingdom at $3.96 trillion (up 8.6%), leaving roughly a $300 billion, or seven percent, gap between those nations and California. Movement in rankings reflects both real economic change and currency fluctuations, with Japan's gain aided by a stronger yen. The global top three remain the U.S., China and Germany.
Read at www.ocregister.com
Unable to calculate read time
Collection
[
|
...
]