California - world's 5th largest economy

California – world’s 5th largest economy

Technology News

California - world's 5th largest economy

 

California - world's 5th largest economy

world's 5th largest economy California's gross domestic product grew 3.4% in 2017, surpassing $2.7T, boosted by a thriving Silicon Valley, Hollywood and the nation's  "salad bowl" in the Central Valley agricultural heartland.

The Golden State's big leap would oust the U.K. as the world's fifth largest economy, which had a GDP of $2.625T, according to data published by the IMF.

 

world's 5th largest economy

 

California's gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, meanwhile, the UK's economic output slightly shrunk over that time.

The data demonstrate the sheer immensity of California's economy, home to nearly 40 million people, a thriving tech sector, the world's entertainment capital and an agricultural heartland.

California's economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego.

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