In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.
In 2023, the real gross domestic product of California increased by about two percent when compared to 2022. This was a slight increase in the state's GDP compared to previous years, when the real GDP generally increased by at least one percent.
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Graph and download economic data for Gross Domestic Product: All Industry Total in California (CANGSP) from 1997 to 2024 about GSP, CA, industry, GDP, and USA.
GDP of California increased by 0.95% from 3,720,008.9 million US dollars in 2022Q4 to 3,755,486.5 million US dollars in 2023Q1. Since the 8.83% surge in 2020Q3, GDP shot up by 22.69% in 2023Q1. Gross state product (GSP). A measurement of a state's output; it is the sum of value added from all industries in the state. GSP is the state counterpart to the Nation's gross domestic product (GDP). Value added. The gross output of an industry or a sector less its intermediate inputs; the contribution of an industry or sector to gross domestic product (GDP). Value added by industry can also be measured as the sum of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.
In 2023, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.27 billion chained 2017 U.S. dollars. The information industry added 452.26 billion U.S. dollars to the state GDP in that year.
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Graph and download economic data for Total Gross Domestic Product for San Jose-Sunnyvale-Santa Clara, CA (MSA) (NGMP41940) from 2001 to 2023 about San Jose, CA, industry, GDP, and USA.
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Mexico GDPS: 2018p: Baja California data was reported at 861.177 MXN bn in 2022. This records an increase from the previous number of 840.815 MXN bn for 2021. Mexico GDPS: 2018p: Baja California data is updated yearly, averaging 715.079 MXN bn from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 861.177 MXN bn in 2022 and a record low of 614.727 MXN bn in 2009. Mexico GDPS: 2018p: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A046: SNA 2008: GDP: by State: 2018 Price.
This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about 1.06 trillion U.S. dollars. About 99.2 billion U.S. dollars were generated by the manufacturing industry. The overall quarterly GDP growth in the United States can be found here.
Gross domestic product of Los Angeles
With a population of over 3.9 million inhabitants in 2011, Los Angeles is the second largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of USD 1.287 trillion to Los Angeles’ 755 billion USD in 2011. Chicago metro area ranked third with GMP of 547 billion U.S. dollars. Washington metro area ranked fourth with 434 billion U.S. dollars in 2011. Additional detailed statistics about GDP and GMP in the United States is available here.
Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 11th with a median household income of 48,466 U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at 51,939 U.S. dollars annually.
Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 817 films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over 10.8 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning 33 million U.S. dollars between June 2012 and June 2013. Second on the list was Jennifer Lawrence with earnings of 26 million U.S. dollars.
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Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (NAICS 56) in California was 120.48500 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (NAICS 56) in California reached a record high of 126.59000 in January of 2022 and a record low of 61.35900 in January of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (NAICS 56) in California - last updated from the United States Federal Reserve on May of 2025.
In 2024, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 6.2 trillion U.S. dollars to the national GDP. Gross Domestic Product Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country. U.S. GDP California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.
This graph shows the GDP of the San Francisco Bay Area in 2022, by industry. In 2022, the GDP of the San Francisco metro area amounted to about 654.73 billion U.S. dollars. About 68.02 billion U.S. dollars were generated in the manufacturing industries. The overall quarterly GDP growth in the United States can be found here. The San Francisco Bay Area’s GDP The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. The United States Census Bureau considers the Bay Area a Combined Statistical Area (CSA) with approximately 7.4 million people, including the nine counties bordering San Francisco Bay as well as Santa Cruz and San Benito Counties, making it the sixth largest CSA in the United States.
In the ten year period between 2001 and 2011, the Bay Area saw its GDP grow considerably. In 2001, GDP was 239 billion U.S. dollars. This value rose to 347 billion U.S. dollars by 2011. Additionally, California ranked first on a list of U.S. states by GDP, with two trillion U.S. dollars of GDP in 2012. Silicon Valley, located in the Bay Area, is in great part responsible for the Bay Area’s and California’s high GDPs, as it is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there.
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Mexico GDPS: 2018p: Baja California Sur data was reported at 170.943 MXN bn in 2023. This records an increase from the previous number of 168.225 MXN bn for 2022. Mexico GDPS: 2018p: Baja California Sur data is updated yearly, averaging 139.906 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 175.398 MXN bn in 2018 and a record low of 97.170 MXN bn in 2003. Mexico GDPS: 2018p: Baja California Sur data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A046: SNA 2008: GDP: by State: 2018 Price.
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Chain-Type Quantity Index for Real GDP: Apparel, Leather, and Allied Product Manufacturing (NAICS 315-316) in California was 128.24700 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Apparel, Leather, and Allied Product Manufacturing (NAICS 315-316) in California reached a record high of 135.41500 in January of 2022 and a record low of 81.07500 in January of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Apparel, Leather, and Allied Product Manufacturing (NAICS 315-316) in California - last updated from the United States Federal Reserve on June of 2025.
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GDPS: Tertiary Activity: Baja California Sur data was reported at 168.558 MXN bn in 2023. This records an increase from the previous number of 158.899 MXN bn for 2022. GDPS: Tertiary Activity: Baja California Sur data is updated yearly, averaging 83.872 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 168.558 MXN bn in 2023 and a record low of 36.061 MXN bn in 2003. GDPS: Tertiary Activity: Baja California Sur data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A043: SNA 2008: GDP: by State: Current Price: Base 2018.
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GDPS: 2018p: Secondary Activity: Baja California data was reported at 413.624 MXN bn in 2023. This records an increase from the previous number of 394.512 MXN bn for 2022. GDPS: 2018p: Secondary Activity: Baja California data is updated yearly, averaging 340.383 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 413.624 MXN bn in 2023 and a record low of 272.823 MXN bn in 2009. GDPS: 2018p: Secondary Activity: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A046: SNA 2008: GDP: by State: 2018 Price.
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Mexico GDPS: 2018p: Primary Activity: Baja California data was reported at 23.595 MXN bn in 2023. This records an increase from the previous number of 23.073 MXN bn for 2022. Mexico GDPS: 2018p: Primary Activity: Baja California data is updated yearly, averaging 19.266 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 23.595 MXN bn in 2023 and a record low of 15.452 MXN bn in 2003. Mexico GDPS: 2018p: Primary Activity: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A046: SNA 2008: GDP: by State: 2018 Price.
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Mexico GDPS: Primary Activity: Baja California data was reported at 33.976 MXN bn in 2023. This records an increase from the previous number of 31.345 MXN bn for 2022. Mexico GDPS: Primary Activity: Baja California data is updated yearly, averaging 14.230 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 33.976 MXN bn in 2023 and a record low of 6.390 MXN bn in 2003. Mexico GDPS: Primary Activity: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A043: SNA 2008: GDP: by State: Current Price: Base 2018.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
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Mexico GDPS: Secondary Activity: Baja California data was reported at 564.896 MXN bn in 2023. This records an increase from the previous number of 509.794 MXN bn for 2022. Mexico GDPS: Secondary Activity: Baja California data is updated yearly, averaging 203.964 MXN bn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 564.896 MXN bn in 2023 and a record low of 149.958 MXN bn in 2003. Mexico GDPS: Secondary Activity: Baja California data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.A043: SNA 2008: GDP: by State: Current Price: Base 2018.
In 2022, the real gross domestic product (GDP) of the San Diego metro area amounted to 257.34 billion U.S. dollars. This was a significant increase from the previous year when the real GDP came to 250.06 billion U.S. dollars.
In 2023, the real gross domestic product (GDP) of California was 3.23 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.23 trillion U.S. dollars.