According to preliminary data from the U.S. Bureau of Economic Analysis, California's economy is now the fourth largest in the world, surpassing Japan.

If California were its own country, its economy would now rank as the fourth largest of any nation in the globe, Gov. Gavin Newsom said this week.

California is now the fourth-largest economy in the world, with a nominal GDP of $4.10 trillion in 2024. The Golden State is behind the United States, China, and Germany, which had a GDP of $4.65 trillion in 2024.