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 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.

Graph and download economic data for Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Norway (PLGDPONOA670NRUG) from 1950 to 2019 about Norway, PPP, real, GDP, and 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.

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.

Graph and download economic data for Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Canada (PLGDPOCAA670NRUG) from 1950 to 2019 about PPP, Canada, real, GDP, and price.

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.

Graph and download economic data for Expenditure-side Real GDP at Current Purchasing Power Parities for United States (CGDPESUSA666NRUG) from 1950 to 2019 about PPP, expenditures, real, GDP, and USA.

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.

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

United States GDPS: California: PI: Accommodation and Food Services data was reported at 52.098 USD bn in 2008. This records an increase from the previous number of 49.369 USD bn for 2007. United States GDPS: California: PI: Accommodation and Food Services data is updated yearly, averaging 36.472 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 52.098 USD bn in 2008 and a record low of 25.671 USD bn in 1997. United States GDPS: California: PI: Accommodation and Food 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.

United States GDPS: California: PI: Administrative and Waste Services data was reported at 56.470 USD bn in 2008. This records an increase from the previous number of 55.372 USD bn for 2007. United States GDPS: California: PI: Administrative and Waste Services data is updated yearly, averaging 42.904 USD bn from Dec 1997 (Median) to 2008, with 12 observations. The data reached an all-time high of 56.470 USD bn in 2008 and a record low of 33.803 USD bn in 1997. United States GDPS: California: PI: Administrative and Waste 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.

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 Output-side Real GDP at Current Purchasing Power Parities for China (CGDPOSCNA666NRUG) from 1952 to 2019 about PPP, China, real, and GDP.

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In 2023, the GDP of the San Francisco Bay Area amounted to ****** billion U.S. dollars, an increase from the previous year. The overall quarterly GDP growth in the United States can be found here. The GDP of the San Francisco Bay Area 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, *** cities, and ***** square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. There are approximately 4.62 million people living in the metro area as of 2022. Silicon Valley In the ten year period between 2001 and 2011, the Bay Area saw steady GDP growth. Starting in 2012, it began to skyrocket. This is thanks to an economic boom in the tech sector, and high value companies headquartered in Silicon Valley - also part of the Bay Area. Silicon Valley is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there. Additionally, California ranked first on a list of U.S. states by GDP, with more than **** trillion U.S. dollars in GDP in 2022.

In 2023, the United States had a real gross domestic product of about 23.3 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.

Graph and download economic data for Real GDP at Constant National Prices for Uzbekistan (RGDPNAUZA666NRUG) from 1990 to 2019 about Uzbekistan, real, GDP, and price.

Graph and download economic data for Real GDP at Constant National Prices for Montenegro (RGDPNAMEA666NRUG) from 1990 to 2019 about Montenegro, real, GDP, and price.

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 ****** billion U.S. dollars. About ***** 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 GDPThe 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, *** cities, and ***** 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 *** 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 *** billion U.S. dollars. This value rose to *** billion U.S. dollars by 2011. Additionally, California ranked first on a list of U.S. states by GDP, with *** 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.