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 * percent.

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.

Graph and download economic data for Gross Domestic Product: All Industries in Orange County, CA (GDPALL06059) from 2001 to 2023 about Orange County, CA; Los Angeles; CA; industry; GDP; and USA.

The gross domestic product (GDP) of California was about 3.23 trillion U.S. dollars in 2023, 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 35.07 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.

In 2023, the real GDP of the Los Angeles metro area amount to around 1.08 trillion U.S. dollars, and increase after 2021. The overall quarterly GDP growth in the United States can be found here. Gross domestic product of Los AngelesWith a population of over 12.8 million inhabitants in 2023, 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 1.99 trillion U.S. dollars to Los Angeles’ 1.13 trillion U.S. dollars in the fiscal year of 2021. Chicago metro area ranked third with GMP of 757.2 billion U.S. dollars. Additional detailed statistics about GDP 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 9th with a median household income of 76,135 U.S. dollars annually in 2022. This was slightly higher than the median household income of the United States in 2022, which came in at 74,580 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 449 films in 2022, many of them produced by Hollywood-based studios. In 2018, movie ticket sales in North America generated over 11.89 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Sofia Vergara, earning 43 million U.S. dollars in 2020. Second on the list was Angelina Jolie with earnings of 35.5 million U.S. dollars.

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.

Total Quantity Indexes for Real GDP for California-Lexington Park, MD (MSA) was 111.47800 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for California-Lexington Park, MD (MSA) reached a record high of 112.91500 in January of 2020 and a record low of 65.19000 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for California-Lexington Park, MD (MSA) - last updated from the United States Federal Reserve on July of 2025.

The statistic shows the gross domestic product (GDP) per capita in the United States from 1987 to 2024, with projections up until 2030. In 2024, the gross domestic product per capita in the United States amounted to around 85,812.18 U.S. dollars. Thus, the United States is one of the countries with the largest GDP per capita worldwide. See the U.S. GDP growth rate here and the US GDP for further information. For comparison, per capita GDP in China had reached about 5,553 U.S. dollars in 2011. Gross domestic product of the United States The gross domestic product (GDP) of a country is an economic key figure, as it represents the market value of goods and services produced in a country within one year. The United States’ GDP) is increasing consistently, and it is expected to continue growing. On a global scale, the U.S. share of GDP adjusted for Purchasing Power Parity has been in the range of 20 percent over the last few years, give or take a few percentage points. The United States has the largest GDP worldwide, with a significant lead over China, Japan and Germany. Gross domestic product per capita is annual GDP divided by the average population from the same year, which allows for a GDP calculation per inhabitant of a country. Thus, a country with a high GDP, like the United States, can still have a low GDP per capita. Consequently, if compared to other countries, the United States does not rank among the top ten on this list .

Note: Blueprint has been retired as of June 15, 2021. This dataset will be kept up for historical purposes, but will no longer be updated. California has a new blueprint for reducing COVID-19 in the state with revised criteria for loosening and tightening restrictions on activities. Every county in California is assigned to a tier based on its test positivity and adjusted case rate for tier assignment. Additionally, a new health equity metric took effect on October 6, 2020. In order to advance to the next less restrictive tier, each county will need to meet an equity metric or demonstrate targeted investments to eliminate disparities in levels of COVID-19 transmission, depending on its size. The California Health Equity Metric is designed to help guide counties in their continuing efforts to reduce COVID-19 cases in all communities and requires more intensive efforts to prevent and mitigate the spread of COVID-19 among Californians who have been disproportionately impacted by this pandemic. Please see https://www.cdph.ca.gov/Programs/CID/DCDC/Pages/COVID-19/COVID19CountyMonitoringOverview.aspx for more information. Also, in lieu of a Data Dictionary, please refer to the detailed explanation of the data columns in Appendix 1 of the above webpage. Because this data is in machine-readable format, the merged headers at the top of the source spreadsheet have not been included: The first 8 columns are under the header "County Status as of Tier Assignment" The next 3 columns are under the header "Current Data Week Tier and Metric Tiers for Data Week" The next 4 columns are under the header "Case Rate Adjustment Factors" The next column is under the header "Small County Considerations" The last 5 columns are under the header "Health Equity Framework Parameters"

Chain-Type Quantity Index for Real GDP: Utilities (NAICS 22) in California was 109.32900 Index 2009=100 in October of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Utilities (NAICS 22) in California reached a record high of 111.08800 in July of 2020 and a record low of 64.30100 in April of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Utilities (NAICS 22) in California - last updated from the United States Federal Reserve on July of 2025.

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.

Chain-Type Quantity Index for Real GDP: Other Services (Except Government and Government Enterprises) (NAICS 81) in California was 88.91300 Index 2009=100 in October of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Other Services (Except Government and Government Enterprises) (NAICS 81) in California reached a record high of 106.56400 in April of 2006 and a record low of 76.58800 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Other Services (Except Government and Government Enterprises) (NAICS 81) in California - last updated from the United States Federal Reserve on July of 2025.

Real Gross Domestic Product: Utilities (NAICS 22) in California was 41799.40000 Mil. of Chn. 2009 $ in October of 2024, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: Utilities (NAICS 22) in California reached a record high of 42471.80000 in July of 2020 and a record low of 24583.90000 in April of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: Utilities (NAICS 22) in California - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Gross Domestic Product: Private Services-Providing Industries in Nevada County, CA (GDPSERV06057) from 2001 to 2020 about Nevada County, CA; services-providing; CA; private; industry; GDP; and USA.

Chain-Type Quantity Index for Real GDP: Arts, Entertainment, and Recreation (NAICS 71) in California was 129.79500 Index 2009=100 in October of 2024, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Arts, Entertainment, and Recreation (NAICS 71) in California reached a record high of 131.46400 in July of 2024 and a record low of 49.55400 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Chain-Type Quantity Index for Real GDP: Arts, Entertainment, and Recreation (NAICS 71) in California - last updated from the United States Federal Reserve on July of 2025.

In 2023, the United States had a real gross domestic product of about 22 trillion U.S. dollars (2017 chained). See the U.S. GDP for further information. Real Gross Domestic Product is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year, expressed in base-year prices.

Real GDP in the U.S.

The real GDP of the U.S. has increased from 9.37 trillion U.S. dollars (2012 chained) in 1990 to 22 trillion U.S. dollars in 2023. Like many of the worlds major economies, the United States has experienced a steady growth in GDP over the last few years. The Indian economy was expected to experienced growth of 9.4 percent between 2020 and 2021, while China’s GDP was expected to grow 8.1 percent in the same period. One of the defining qualities of the United States’ economy is its diversity and advanced technological advancements. Industries such as finance, real estate, health care, and business and education services are large contributors to the economy, while the manufacturing sector accounts for about 11 percent of the country’s wealth.

The GDP generated by each state can also vary widely based on principal industries and production. In 2021, California had the highest state GDP in the United States, reaching 3.35 trillion U.S. dollars; comparatively, Vermont generated a GDP of 36.17 billion U.S. dollars in that year.

Real Gross Domestic Product: Wholesale Trade (NAICS 42) in California was 143721.40000 Mil. of Chn. 2009 $ in January of 2025, according to the United States Federal Reserve. Historically, Real Gross Domestic Product: Wholesale Trade (NAICS 42) in California reached a record high of 163129.40000 in July of 2020 and a record low of 109953.90000 in July of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Gross Domestic Product: Wholesale Trade (NAICS 42) in California - last updated from the United States Federal Reserve on July of 2025.

Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (NAICS 334) in California was 143.93700 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (NAICS 334) in California reached a record high of 186.59000 in January of 2020 and a record low of 10.34500 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: Computer and Electronic Product Manufacturing (NAICS 334) in California - last updated from the United States Federal Reserve on July of 2025.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.