In 2024, the real gross domestic product (GDP) of California was 3.37 trillion U.S. dollars. This is a slight increase from the previous year, when the state's GDP stood at 3.25 trillion U.S. dollars.

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.

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.

Graph and download economic data for Real Gross Domestic Product: All Industry Total in California (CARGSP) from 1997 to 2024 about GSP, CA, real, industry, GDP, and USA.

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.

United States GDP by State per Capita: 2005p: California data was reported at 46,029.000 USD in 2012. This records an increase from the previous number of 44,898.000 USD for 2011. United States GDP by State per Capita: 2005p: California data is updated yearly, averaging 44,845.500 USD from Dec 1997 (Median) to 2012, with 16 observations. The data reached an all-time high of 48,646.000 USD in 2007 and a record low of 36,636.000 USD in 1997. United States GDP by State per Capita: 2005p: California data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A248: NIPA 2009: GDP by State: Far West Region: Chain Linked 2005 Price.

California is the richest state of the United States. The state’s trade volume is currently about 58 billion U.S. dollars, with imports making about 75 percent of this value. Compared to Texas, the second-largest state after itself, California exported less goods to the rest of the world over this period. California’s economic contribution California’s economic output places the state at the top in the United States. Measured by GDP, California contributed 3.2 trillion U.S. dollars to the U.S. economy, 50 percent more than that of Texas. On a per capita basis, California’s GDP corresponds to almost 83 thousand U.S. dollars in real terms. Tech companies and wages in California California is the home to technology powerhouses of the United States. The world’s highest capping tech companies such as Apple and Google were founded and headquartered in California. According to a 2023 study, Silicon Valley was also the leading hub that offered the highest wages to tech workers. On average, a tech employee earned around 142 thousand dollars working for a Silicon Valley company.

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.

United States GDPS: California: PI: Professional and Technical Services data was reported at 174.627 USD bn in 2008. This records an increase from the previous number of 159.834 USD bn for 2007. United States GDPS: California: PI: Professional and Technical Services data is updated yearly, averaging 111.844 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 174.627 USD bn in 2008 and a record low of 80.795 USD bn in 1997. United States GDPS: California: PI: Professional and Technical Services data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 120.9 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 122.3 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Jun 2025.
• The data reached an all-time high of 130.3 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 38,040.1 USD bn in Oct 2025.
• The country's Nominal GDP reached 7,621.4 USD bn in Jun 2025.

Graph and download economic data for Share of Labour Compensation in GDP at Current National Prices for United States (LABSHPUSA156NRUG) from 1950 to 2019 about compensation, labor, GDP, and USA.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 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.

United States GDPS: California data was reported at 1,846.757 USD bn in 2008. This records an increase from the previous number of 1,801.762 USD bn for 2007. United States GDPS: California data is updated yearly, averaging 1,373.478 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 1,846.757 USD bn in 2008 and a record low of 1,019.150 USD bn in 1997. United States GDPS: California data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

United States GDPS: California: PI: Manufacturing data was reported at 181.134 USD bn in 2008. This records an increase from the previous number of 179.087 USD bn for 2007. United States GDPS: California: PI: Manufacturing data is updated yearly, averaging 157.387 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 182.992 USD bn in 2000 and a record low of 133.431 USD bn in 1997. United States GDPS: California: PI: Manufacturing data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

This statistic shows the per capita real Gross Domestic Product of California from 2000 to 2019. In 2019, the per capita real GDP of California stood at 70,662 chained 2012 U.S. dollars.

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.

United States GDPS: California: Private Industries (PI) data was reported at 1,629.993 USD bn in 2008. This records an increase from the previous number of 1,596.045 USD bn for 2007. United States GDPS: California: Private Industries (PI) data is updated yearly, averaging 1,212.866 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 1,629.993 USD bn in 2008 and a record low of 905.335 USD bn in 1997. United States GDPS: California: Private Industries (PI) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

This feature layer shows the locations of the California State Operations Center and the three regional Emergency Operation Centers.California Office of Emergency ServicesWith over 38 million residents (12% of the population), the State of California is the most populous state in the nation and has the third largest land area among the states (163,695 square miles). California is culturally, ethnically, economically, ecologically, and politically diverse, and maintains the eighth largest economy in the world with 13 percent of the U.S. gross domestic product. California also faces numerous risks and threats to our people, property, economy, environment and is prone to earthquakes, floods, significant wildfires, prolonged drought impacts, public health emergencies, cybersecurity attacks, agricultural and animal disasters, as well threats to homeland security. Cal OES takes a proactive approach to addressing these risks, threats, and vulnerabilities that form the basis of our mission and has been tested through real events, as well as comprehensive exercises that help us maintain our state of readiness and plan for and mitigate impacts.Regional Operations​The California Office of Emergency Services (Cal OES) Agency has three administrative regions, Inland, Coastal and Southern which are located in Sacramento, Fairfield and Los Alamitos, respectively. Cal OES regions have the responsibility to carry out the coordination of information and resources within the region and between the SEMS state and regional levels to ensure effective and efficient support to local response. The regions serve as the conduit for local and regional perspective and provide a physical presence for Cal OES functions at the local level in all phases of emergency management.

United States GDPS: California: PI: Finance and Insurance data was reported at 107.587 USD bn in 2008. This records a decrease from the previous number of 115.616 USD bn for 2007. United States GDPS: California: PI: Finance and Insurance data is updated yearly, averaging 94.288 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 117.867 USD bn in 2006 and a record low of 56.693 USD bn in 1997. United States GDPS: California: PI: Finance and Insurance data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A192: NIPA 2003: Gross Domestic Product by State: Current Price.

This statistic shows the percentage of gross domestic product of the United States in 2024, by state. In 2024, the state of California produced about ***** percent of the U.S. GDP by itself. See the U.S. GDP growth rate here and the U.S. GDP for further information.