California overtakes Japan as fourth largest global economy
The US state expresses worries that President Donald Trump's tariffs could stunt future growth.
British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersCalifornia passes Japan as fourth largest economy1 day agoShareSaveChristal HayesBBC News, Los AngelesPeter HoskinsBBC News, SingaporeShareSaveGetty ImagesSan Francisco in California is home to some of the world's leading tech companies.California's economy has overtaken that of the country of Japan, making the US state the fourth largest global economic force.
Governor Gavin Newsom touted new data from the International Monetary Fund (IMF) and the US Bureau of Economic Analysis showing California's growth.
The data shows California's gross domestic product (GDP) hit $4.10 trillion (£3.08 trillion) in 2024, surpassing Japan, which was marked at $4.01 trillion. The state now only trails Germany, China and the US as a whole.
"California isn't just keeping pace with the world - we're setting the pace," Newsom said.
The new figures come as Newsom has spoken out against President Donald Trump's tariffs and voiced concern about the future of the state's economy.
https://www.bbc.com/news/articles/cly80zlk1lyo
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