California now 4th largest economy in the world

SACRAMENTO (KABC) — California is now the fourth largest economy in the world, according to new data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA).

The data shows California’s nominal GDP reached $4.1 trillion, surpassing Japan’s $4.02 trillion. California now sits behind only the U.S., China, and Germany in global rankings.

“California isn’t just keeping pace with the world-we’re setting the pace,” said Gov. Gavin Newsom in a statement. “Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation. And, while we celebrate this success, we recognize that our progress is threatened by the reckless tariff policies of the current federal administration. California’s economy powers the nation, and it must be protected.”