The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.
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Canada CA: GDP: Growth: Gross Value Added: Services data was reported at 2.199 % in 2016. This records an increase from the previous number of 2.116 % for 2015. Canada CA: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.199 % from Dec 2008 (Median) to 2016, with 9 observations. The data reached an all-time high of 2.728 % in 2011 and a record low of -0.257 % in 2009. Canada CA: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 12.034 % in 2022. This records an increase from the previous number of -8.690 % for 2021. Canada CA: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1.975 % from Dec 1998 (Median) to 2022, with 25 observations. The data reached an all-time high of 17.085 % in 2013 and a record low of -8.690 % in 2021. Canada CA: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural, forestry, and fishing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Agriculture corresponds to ISIC divisions 01-03 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.659 % in 2023. This records a decrease from the previous number of 3.674 % for 2022. Canada CA: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.646 % from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 9.061 % in 2000 and a record low of -13.789 % in 2009. Canada CA: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: Growth: Gross Value Added: Industry data was reported at -7.107 % in 2020. This records a decrease from the previous number of -0.176 % for 2019. Canada CA: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 2.583 % from Dec 1998 (Median) to 2020, with 23 observations. The data reached an all-time high of 6.668 % in 2010 and a record low of -9.852 % in 2009. Canada CA: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: % of GDP: Gross Value Added: Services data was reported at 69.066 % in 2014. This records a decrease from the previous number of 69.312 % for 2013. Canada CA: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 69.189 % from Dec 2007 (Median) to 2014, with 8 observations. The data reached an all-time high of 71.307 % in 2009 and a record low of 66.623 % in 2008. Canada CA: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 1.890 % in 2017. This records an increase from the previous number of 1.862 % for 2016. Canada CA: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 1.880 % from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 2.196 % in 1999 and a record low of 1.493 % in 2010. Canada CA: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: % of GDP: Gross Value Added: Industry data was reported at 24.028 % in 2017. This records an increase from the previous number of 23.295 % for 2016. Canada CA: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 27.573 % from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 29.500 % in 2000 and a record low of 23.295 % in 2016. Canada CA: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 31.171 USD bn in 2017. This records an increase from the previous number of 28.455 USD bn for 2016. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 22.441 USD bn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 34.979 USD bn in 2013 and a record low of 13.741 USD bn in 1998. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 149.268 USD bn in 2020. This records a decrease from the previous number of 162.160 USD bn for 2019. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 156.084 USD bn from Dec 1997 (Median) to 2020, with 24 observations. The data reached an all-time high of 183.205 USD bn in 2012 and a record low of 103.045 USD bn in 1998. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
This dataset contains country level economic and social measures for 183 countries. Part 1, World Tables (1980 File), contains, where available, measures of (1)population, (2)national accounts and price data for 1950, 1955, 1960 through 1977, (3)data on external trade for 1962, 1965, 1970, and 1977, (4)data on balance of payments, debt, central government finance and trade indices for 1970-1977, and (5)social data for 1960, 1970, and (estimated) 1977. More specifically, the groupings include population, GDP by industrial origin and expenditures in constant local prices and current local prices, exchange rates and indices, balance of payments and external debt ($US), central government finance in local currency, social indicators, and external trade. Part 2, World Tables (1982 File), contains data on national accounts, prices, exchange rates and population for 1960-1981. The groupings include GDP by industrial origin as well as expenditure in current local prices and constant local prices, area, population, exchange rates, and indices and savings.
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Canada CA: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data was reported at 30.461 USD bn in 2020. This records an increase from the previous number of 29.592 USD bn for 2019. Canada CA: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data is updated yearly, averaging 23.732 USD bn from Dec 1997 (Median) to 2020, with 24 observations. The data reached an all-time high of 34.979 USD bn in 2013 and a record low of 13.741 USD bn in 1998. Canada CA: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 371.728 USD bn in 2020. This records a decrease from the previous number of 419.844 USD bn for 2019. Canada CA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 375.880 USD bn from Dec 1997 (Median) to 2020, with 24 observations. The data reached an all-time high of 491.439 USD bn in 2013 and a record low of 170.127 USD bn in 1998. Canada CA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 9.015 % in 2020. This records a decrease from the previous number of 9.300 % for 2019. Canada CA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 10.336 % from Dec 1997 (Median) to 2020, with 24 observations. The data reached an all-time high of 17.076 % in 1999 and a record low of 9.015 % in 2020. Canada CA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: Growth: Gross Value Added: Agriculture data was reported at 4.701 % in 2020. This records a decrease from the previous number of 5.822 % for 2019. Canada CA: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 2.298 % from Dec 1998 (Median) to 2020, with 23 observations. The data reached an all-time high of 17.089 % in 2013 and a record low of -6.665 % in 2014. Canada CA: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
In 2021, Apple was the largest publicly traded company in California based on revenue. That year, they had a revenue of ****** billion U.S. dollars. Alphabet, Chevron, Wells Fargo and Meta rounded out the top five publicly traded companies in California. Apple Apple is a multinational company headquartered in California. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Known for their popular iPhones and Mac computers, they have further expanded into other products such as iPods, Apple Watch, Apple TV, Air Pods, and Apple Pay. It is now one of the world’s largest and most valuable companies. Their worldwide revenue has increased dramatically since 2004, with the largest share of their sales since 2012 coming from the Americas. Despite being one of the most successful technology companies, it has faced a lot of criticism from consumers. Some of the criticisms include tax avoidance, sweatshop use, and environmental destruction. Fortune 500 Companies In 2021, New York and California had the highest number of Fortune 500 companies, followed by Texas, Illinois, and Ohio. For New York, this can be attributed to its being the financial and cultural hub of the country. Fortune 500 Companies are ranked by Fortune magazine, which ranks the the top 500 companies in the United States based on revenue. Companies on this list are both publicly and privately held. The companies that get listed have changed over the years, for a variety of reasons such as company acquisitions, bankruptcies, and changes in the economy.
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Canada CA: GDP: Real: Gross Value Added at Factor Cost: Services data was reported at 1,246,347.847 CAD mn in 2016. This records an increase from the previous number of 1,219,528.142 CAD mn for 2015. Canada CA: GDP: Real: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 1,129,011.150 CAD mn from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 1,246,347.847 CAD mn in 2016 and a record low of 1,048,827.096 CAD mn in 2007. Canada CA: GDP: Real: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Real. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 1,163.293 USD bn in 2014. This records a decrease from the previous number of 1,196.188 USD bn for 2013. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 1,105.943 USD bn from Dec 2007 (Median) to 2014, with 8 observations. The data reached an all-time high of 1,196.188 USD bn in 2013 and a record low of 913.969 USD bn in 2009. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 396.282 USD bn in 2017. This records an increase from the previous number of 355.951 USD bn for 2016. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 355.951 USD bn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 491.439 USD bn in 2013 and a record low of 170.127 USD bn in 1998. Canada CA: GDP: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
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Canada CA: GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data was reported at 0.075 USD mn in 2022. This records a decrease from the previous number of 0.075 USD mn for 2021. Canada CA: GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data is updated yearly, averaging 0.069 USD mn from Dec 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 0.075 USD mn in 2021 and a record low of 0.062 USD mn in 1997. Canada CA: GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Gross Domestic Product: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2015 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.;Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.;Weighted average;
The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.