California was Japan’s fourth largest economy by skipping Japan in the nominal volume of GDP. This has been reported area Governor Gavin Newsom’s management.
According to him, in 2024, the state reached $ 4.1 trillion and the Japanese exceeded $ 4.02 trillion. Now California is only second from the USA, China and Germany. The source of information is the latest report of the International Monetary Fund (IMF) and the statistics of the US Economic Analysis Bureau.
The California economy shows stable growth: GDC increased by 6% in 2023 and the average growth for the period from 2021 to 2024 was 7.5% – this is higher than the three leading economies of the planet. However, the news of the governor expressed concern.
“The reckless policy of the duties of the existing federal administration threatens our successes,” the Governor said.
Bloomberg Agency in October 2022 WrittenCalifornia can be the fourth economy of the world.
Previously, Vladimir Putin announced 1.9%about GDP growth.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.