"California has regained its bragging-rights ranking as the world's fourth-largest economy. Using gross domestic product as the scorecard, my trusty spreadsheet compared fresh state-level data for the third quarter of 2025 from the Bureau of Economic Analysis with 2025 business output estimates for countries compiled by the International Monetary Fund, released in October. In the third quarter, California's economy produced goods and services at a nation-leading annual rate of $4.296 trillion a 4.5% increase from the previous year, according to the BEA."
"This somewhat complicated economic number has become political buzz in the state. California's business stature appears lofty when its output is compared to other nations through the lens of GDP, measured in U.S. dollars. But currency is a wildcard in the ranking math. The American dollar has been weak for the past year, which may help California's global rivals on this scorecard when the IMF's next update comes out in April."
"It's a tight race for the world's No. 4 economy. According to IMF data, just behind Japan and California is India, with an economy worth $4.125 trillion in 2025. Then there's the United Kingdom at $3.96 trillion. So, roughly $300 billion a 7% gap separates these three countries from California on this vanity scoreboard. It's likely that India's fast-growing economy, powered by the world's No. 1 population, wil"
California's economy reached an annualized $4.296 trillion in Q3 2025, a 4.5% increase from the prior year and up from $4.215 trillion in Q2. Only the U.S., China, and Germany recorded larger output. The revised pace put California just ahead of Japan by $16 billion. GDP, measured in U.S. dollars, is sensitive to currency movements, and a weak dollar this past year could affect international rankings when the IMF updates figures in April. India ($4.125 trillion) and the U.K. ($3.96 trillion) remain within roughly $300 billion (about 7%) of California.
Read at www.ocregister.com
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