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California now 4th largest economy in world: Governor Gavin Newsom
short by Mansi Agarwal / on Sunday 27 April, 2025
California Governor Gavin Newsom announced that the state has overtaken Japan to become the world's fourth-largest economy. California's nominal GDP reached $4.1 trillion, surpassing Japan's $4.02 trillion, as per the IMF and US Bureau of Economic Analysis (BEA) data shared by Newsom. It now ranks behind the US ($29.18 trillion), China ($18.74 trillion) and Germany ($4.65 trillion).
read more at Financial Express