"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. That was up from the second quarter's $4.215 trillion rate. Only the U.S. ($31 trillion), China ($19 trillion), and Germany ($5 trillion) had larger business output last year, according to the latest tallies."
"This somewhat complex economic number has become a political buzz topic in the state. California's business stature appears lofty when its output is compared to other nations using GDP measured in U.S. dollars. But currency is a wildcard in the ranking math. The U.S. dollar has been weak for the past year, which may help California's global "rivals" on this scorecard when the IMF's next update is released in April."
California's annualized GDP in the third quarter of 2025 reached $4.296 trillion, a 4.5% year-over-year increase and up from $4.215 trillion in the second quarter. Only the United States, China and Germany exceeded California's output. The revised pace put California $16 billion ahead of Japan's $4.28 trillion economy. Exchange-rate movements influence dollar-denominated comparisons, and a weaker U.S. dollar over the past year could alter rankings when the IMF updates are released. India ($4.125 trillion) and the United Kingdom ($3.96 trillion) remain close, leaving roughly a $300 billion gap separating those economies from California.
Read at The Mercury News
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