California is officially bigger than France
Mike Blake MB/Reuters
The Bureau of Economic Analysis's latest data on state growth showed that the west coast state's economic output for 2015 came in at $2.46 trillion.
That number pushes California's economic output above that of France, which pumped out an estimated $2.422 trillion last year.
Somewhat notably, while France's population comes in around 66.48 million, California's is only about 39.14 million - which means that the US state produces slightly more than France with about 40% fewer people.
The only countries with higher GDP output than California now are the US as a whole, China, Japan, Germany, and the UK.
And as a side note, the BEA also estimated that California's economy grew by 5.7% in 2015 - the second highest growth rate in the US, just behind Oregon's 5.9%.
- I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- Top places to visit in Auli in 2024
- Sustainable Transportation Alternatives
- Why are so many elite coaches moving to Western countries?
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan