California's business output reached $4.1 trillion in 2024, making it the largest in the U.S. and placing it as the fourth-largest global economy. The only entities producing more GDP are the U.S., China, and Germany. Other states like Texas and New York also rank significantly, with Texas at No. 8 and New York at No. 9 globally. The article highlights that even the smallest U.S. economies, such as Alaska, rank within the top 100 globally, emphasizing the relative scale of U.S. state economies compared to nations worldwide.
California's economy produced $4.1 trillion in 2024, ranking it as the fourth largest globally, behind only the U.S., China, and Germany.
Texas ranks No. 8 globally, with a GDP of $2.7 trillion in 2024, comparable to Italy's economy.
Even the smallest U.S. economies are significant on a global scale, with Alaska's $70 billion economy ranking 89th worldwide.
In global rankings, California surpassed Japan, moving to fourth place by generating more economic output, signaling its massive economic influence.
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