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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the List of countries by GDP World's fourth largest economy, behind Germany ( 4.71 ...
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
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The state of Virginia has the highest concentration of wealthy counties in it with a total of nine counties. Ranked in order from counties with the highest to lowest average household income ...
In his 1995 book Economics and World History, economic historian Paul Bairoch gave the following estimates in terms of 1960 US dollars, for GNP per capita from 1750 to 1990, comparing what are today the Third World (part of Asia, Africa, Latin America) and the First World (Western Europe, Northern America, Japan, Singapore and South Korea). [14]
The United States is a wealthy nation when compared to the rest of the world. Based on per-capita GDP at purchasing-power parity, America ranks as the third-richest country among the world's top ...
At the turn of the century, oil production in California continued to rise at a booming rate. In 1900, the state of California produced 4 million barrels. [17] In 1903, California became the leading oil-producing state in the US, and traded the number one position back and forth with Oklahoma through 1930. [18]