California continues to extend its lead as a global economic powerhouse with a GDP of $4.1 trillion in 2024, ranking it fourth worldwide, only behind the U.S., China, and Germany. The state's output significantly surpasses that of many countries. Other notable economies among U.S. states include Texas ($2.7 trillion), New York ($2.3 trillion), and Florida ($1.7 trillion), all ranking high globally. Even smaller states like Alaska and Wyoming hold positions within the top 100 economies worldwide, illustrating the robust economic landscape of the United States.
California produced $4.1 trillion worth of goods and services in 2024, making it the largest state economy in the U.S. and the fourth largest globally.
Texas ranks No. 8 globally with a GDP of $2.7 trillion, comparable to Italy's economy, showcasing the vast economic power of U.S. states.
Even smaller U.S. economies, like Alaska and Wyoming, are significant on a global scale, ranking within the top 100 world economies.
California's rise in the global economic ranking, surpassing Japan, indicates its significant contribution to the world economy and competitive edge.
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