"California has regained its bragging-rights ranking as the world's fourth-largest economy. Using gross domestic product as the scorecard, my spreadsheet compared fresh state-level data for the third quarter of 2025 from the Bureau of Economic Analysis with the International Monetary Fund's October release of 2025 business output estimates for countries. In the third quarter, California's economy produced goods and services at a nation-leading annual rate of $4.296 trillion a 4.5% increase from the previous year, according to the BEA."
"It's a tight race for the world's No. 4 economy. According to IMF data, just behind Japan and California is India, with an economy worth $4.125 trillion in 2025. Then there's the United Kingdom at $3.96 trillion. So, roughly $300 billion a 7% gap separates these three countries from California on this vanity scoreboard. It's likely that India's fast-growing economy, powered by the world's largest population, will soon overtake"
California's GDP reached an annual rate of $4.296 trillion in the third quarter of 2025, a 4.5% year-over-year increase and up from the second quarter's $4.215 trillion. Only the United States ($31 trillion), China ($19 trillion), and Germany ($5 trillion) had larger economies. California edged past Japan's $4.28 trillion pace by $16 billion. Rankings use GDP measured in U.S. dollars, making currency movements a significant factor; the recent weak dollar could alter standings in the IMF's next update. India ($4.125 trillion) and the United Kingdom ($3.96 trillion) remain close behind, with about a $300 billion gap.
Read at www.ocregister.com
Unable to calculate read time
Collection
[
|
...
]