California gdp per capita by year 1 percent in Iowa and Nebraska, according to statistics released today by the U. Sep 26, 2025 · GDP by State Gross Domestic Product by State and Personal Income by State, 2nd quarter 2025 and Personal Consumption Expenditures by State, 2024 Real gross domestic product (GDP) increased in 48 states in the second quarter of 2025. (5. California stands out for its high rate of Jun 27, 2025 · Real gross domestic product decreased in 39 states in the first quarter of 2025, with the percent change ranging from 1. 37 trillion U. Countries by estimated nominal GDP in 2025: [n 2]Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. The highest income counties in California are Marin County and San Francisco County, which both have per capita personal incomes of over $100,000, and are 2 of the top 12 highest-income counties in the United States. Gross domestic product (GDP) measures the value of goods and services a country or state produces — it’s the sum of consumer spending, business investment, government spending, and net exports. California’s economic trends California’s per capita income (per the Bureau of Economic Analysis) was $85,518 in 2024, ranking fifth among the states. California per capita personal consumption expenditures 2000-2023 Jul 14, 2025 · The map compares the GDP per capita of US States with Canadian Provinces in nominal (non-cost of living adjusted) US dollars. 2% to -4. This measure of income is calculated as Mar 5, 2025 · Graph and download economic data for Real Per Capita Personal Income for California (CARPIPC) from 2008 to 2023 about personal income, per capita, CA, personal, income, real, and USA. On economic performance — both have much to celebrate. The $3. Three states—South Dakota, Nebraska, and Iowa— saw decreases in GDP ranging from -1. U. 3 percent in South Dakota (table 1), according to statistics released today by the U. 00000 $ in January of 2024, according to the United States Federal Reserve. California includes the following metropolitan areas for which an Economy At A Glance table is available: Bakersfield-Delano, CA Chico, CA El Centro, CA Fresno, CA Hanford-Corcoran Sep 26, 2025 · Graph and download economic data for Gross Domestic Product: State and Local in California (CAGOVSLNGSP) from 1997 to 2024 about state & local, GSP, CA, government, industry, GDP, and USA. Dollar figures for GDP are converted BEA Regional Facts (BEARFACTS) is a narrative summary of personal income, per capita personal income, components of income, and gross domestic product for counties, metropolitan statistical areas, and states. Population and employment surged in Texas while California’s per-capita income and GDP have soared in recent years. California has the largest GDP of any state, at $3,120,386,000,000, accounting for about 14. Personal income is the income that is received by persons from all sources. In computing per capita personal income, BEA uses mid-quarter population estimates based on unpublished U. But both have plenty of room to improve. On a per capita basis Evolution: GDP per capita California 1980 1980 1990 1990 2000 2000 2010 2010 2020 2020 20,000 20,000 40,000 40,000 60,000 60,000 80,000 80,000 GDP per capita GDP per capita Apr 16, 2024 · On a per capita basis, California is the second largest economy in the world. 89 trillion economy. dollars) Dec 4, 2024 · GDP by County, Metro, and Other Areas Gross Domestic Product by County and Metropolitan Area, 2023 In 2023, real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties. Mar 14, 2024 · In 2022, Texas’ GDP reached $1. Dec 31, 2019 · View yearly updates and historical trends for California GDP. In 2019, the per capita real GDP of California stood at 70,662 chained 2012 U. Current-dollar gross domestic product (GDP) increased in 47 states and the District of Columbia, with 6 days ago · U. 6 days ago · In 2024, the real gross domestic product (GDP) of California was 3. 4 trillion in 2024. Per Capita Personal Income by County from U. 9 trillion in 2023 and notes slower average growth of 2. And the one thing that's immediately obvious is how much richer most US states are compared to Canadian provinces. The news follows a recent rise in the state's per capita income. In 2023, California’s gross domestic product (GDP) was about $3. far outpaces the rest of the world. It was above both the national average of $72,425 and the Far West regional average of $77,823. FRED: Download, graph, and track economic data. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Sep 26, 2025 · Graph and download economic data for Gross Domestic Product: All Industry Total in California (CANQGSP) from Q1 2005 to Q2 2025 about GSP, CA, industry, GDP, and USA. Overall, in the calendar year 2022, the Nominal GDP of Mexico at Current Prices totaled at US$1. Nov 19, 2025 · The gross domestic product (GDP) of California was about 4. The values are presented in tables and charts with calculations of changes and shares, and with extensive analytical functionality. 25 trillion U. Bureau of Economic Analysis. 00000 in January of 2024 and a record low of 550. Outperforming the nation California’s economy is growing at a faster rate than the world’s top three economies. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. California’s per capita personal income has steadily increased over time, reflecting long-term economic shifts across the state. Bureau of Economic Analysis Historical Chart The chart has 1 X axis displaying Time. With 34 percent of California’s population, the Los Angeles/Orange County region produces 38 percent of California’s economic output. . California’s GDP per capita has grown faster than the rest of the country Growth in GDP per capita since 1998 California Texas New York Florida US Source: Bureau of Economic Analysis. GDP: California, Texas, New York, and Florida. 4 trillion is the “real GDP,” which is adjusted to account for inflation to make it easier to compare 26 economic data series with tags: CA, GDP, Per Capita. 6%) and Germany (2. GDP growth has slowed down in the last four years in comparison to Florida and Texas. Bureau of Economic Analysis Quickly locate Per Capita Personal Income data by County from U. Nominal GDP does not take into account differences in the cost of Dec 5, 2016 · Weakness in the value of European currency caused France’s GDP to be just a bit smaller than California’s that year. Dec 5, 2023 · GDP per capita (per person) adjusts for differences in population size, and is a better measure of states’ economic activity and standards of living. 00000 in January of 1933. States comparison: Texas vs California Subscribe to our free email alert service Per Capita Personal Income in California was 85518. Mar 28, 2025 · Graph and download economic data for Per Capita Personal Income in California (CAPCPI) from 1929 to 2024 about personal income, per capita, CA, personal, income, and USA. Data ranges from 1997-12-01 00:00:00 to 2024-12-01 00:00:00. Sep 26, 2025 · Graph and download economic data for Gross Domestic Product: All Industry Total in California (CANGSP) from 1997 to 2024 about GSP, CA, industry, GDP, and USA. 42 trillion, as compared to US$1. Mar 28, 2025 · BEA used U. It is often used to quantify the size of its economy. Texas also displayed strong per capita and per worker economic indicators in 2022. Gross domestic product per capita is often used as a proxy indicator an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income and does Oct 30, 2025 · The source materials show consistent high‑level claims but diverge in year, metric and rank, which explains why 2025 comparisons are unclear: a January 2025 fact sheet cites California GDP as about $3. In 2016, the GDP per capita in Canada was 44820 compared to 57638 in the US. BEA also used new Census Bureau population figures to update annual 2020 to 2023 per capita personal income statistics and to produce new per capita personal income statistics for 2024. The United States is still by far the largest economy in the world with a nominal GDP of more than $27 trillion. S. In 2024, California’s growth rate of 6% outpaced the top three economies: U. 9 trillion, comprising 14% of national GDP ($27. 9%). It is an important economic indicator and is intended to be used with other economic and labor market data to gauge the health of the California economy. The economic dominance of the three largest state economies – California, Texas, and New York – is staggering. By contrast, a 2024 map places California fifth with per‑capita GDP of $99,329 [2], while other Jun 10, 2025 · Like Nebraska's numbers there, all the stats on this list are based on Q4 2024 data from the Bureau of Economic Analysis, part of the US Department of Commerce. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. 17% over the next decade to double per capita GDP to $20,000 from its 2020 level, a milestone that would mark its shift to a "moderately developed country Official statistics by year of gdp per capita (imf data) (). The U. Jul 30, 2025 · Per capita personal income is calculated as the total personal income of the residents of a state divided by the population of the state. 1 day ago · China needs average annual growth of 4. , while Mississippi ($53,061), Arkansas ($60,276), and West Virginia ($60,783) recorded the three lowest GDP per capita California GDP: $4. The state’s median household income (five-year estimate) was $96,334 in 2023, ranking fifth among the states and above the national average of Gross Domestic Product by State and Personal Income by State, 4th Quarter 2022 and Year 2022 Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the fourth quarter of 2022, with the percent change in real GDP ranging from 7. California leads the nation with a total nominal GDP of $4. California: In contrast, California imposes the highest individual income tax rates in the country. 7% of the country’s total GDP. California’s GDP per capita was approximately $80,000 in 2021, which is higher than the national average. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Data are in current U. 0 percent in Texas to –4. Which states have the highest and lowest GDP per capita? Jan 9, 2025 · While California's GDP ranks fifth globally, its per-capita GDP is higher than any other country. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Apr 26, 2025 · California has officially surpassed Japan to become the world's 4th largest economy, according to newly released GDP data. Release Table for 2023, Real Gross Domestic Product by County: California. economy, with its Nominal GDP at Current Prices reaching $29. Historically, Per Capita Personal Income in California reached a record high of 85518. dollars. Key Takeaways California’s state and local government revenues and spending are 60 percent higher than Texas on a per-resident basis. per capita personal income in California 2000-2023 Per capita personal income in California in the United States from 2000 to 2023 (in current U. counties by largest GDP as of 2021 This is a list of U. 7 percent at an annual rate in South Carolina to –6. Bureau of Economic Analysis (table 1). 4% of the entire U. Gross Domestic Product. 103 trillion, followed by Texas at $2. Bureau of Labor Statistics Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page. GDP that same year. However, other states such as New York, Massachusetts, and Connecticut have higher GDP per capita than California. California. Tech has driven the state's professional services and information industries upward, competing with finance and real estate. Source: Bureau of Economic Analysis. SASUMMARY State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employmentSAINC1-51 Personal income, population, per capita personal income, disposable personal income, and per capita disposable personal incomeSAINC4 Personal income and employment by major componentSAINC5 Personal income by major component and earnings by industrySAINC6 Compensation of Data extracted on: December 02, 2025 Source: U. Aug 9, 2024 · This statistic shows the per capita real Gross Domestic Product of California from 2000 to 2019. 3% per year from 2020–2023 [1]. Nov 26, 2025 · The sheer scale of the U. In 2021, the country’s GDP per capita was $59,085 and is expected to hit $67,000 by 2024. Nov 19, 2025 · Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U. Jul 23, 2025 · California is an economic powerhouse, nationally and globally. 3%), China (2. 3% Four states contribute over $1 trillion to the U. Census Bureau data. The chart has 1 Y axis displaying values. In total, for fiscal year 2022, California state and local governments together collected an average of $10,319 per capita from residents, [71] the third highest per capita collections in the nation with the nationwide average being $7,109. Track economic data with YCharts analytics. GDP per capita also varied widely throughout the United States in 2024, with New York ($117,332), Massachusetts ($110,561), and Washington (state) ($108,468) recording the three highest GDP per capita figures in the U. Feb 16, 2024 · As you can see, the US had a GDP of $24 trillion in the last quarter of 2021. leading companies headquartered in California 2024, by number of employees U. Mar 6, 2025 · U. 27 trillion in 2021. This page features interactive charts with historical data and revisions, updated automatically as new federal estimates are released. This table show the same economic indicators in the United States in selected years between 1980 and 2017. Apr 23, 2025 · California’s GDP figure is based on the latest state-level GDP data from the BEA. states in 2025 based on current-dollar GDP, real GDP, and GDP per capita, as per BEA data, highlighting economic growth and personal income trends nationwide. 184 trillion in the calendar year 2024, is overwhelmingly concentrated in a handful of states. Release Table for 2023, Per Capita Personal Income by County, Annual: California. California’s economy ranks fifth internationally, behind the US, China, Germany, and Japan. Sep 26, 2025 · Graph and download economic data for Real Gross Domestic Product: All Industry Total in California (CARGSP) from 1997 to 2024 about GSP, CA, real, industry, GDP, and USA. 6% GDP Per Capita: $104,916 Share of Graph and download economic data for Real Gross Domestic Product: All Industry Total in California from Q1 1947 to Q2 2025 about GSP, CA, real, industry, GDP, USA, and headline figure. Per Capita Personal Income in California Dollars, Annual, Not Seasonally Adjusted 1929 to 2024 (Mar 28) Oct 18, 2024 · What you need to know: California created 14,700 new jobs in September, averaging 16,500 new jobs per month this year, as the state’s economy has grown faster than the nation’s over the past 25 years and per capita GDP outranks the largest economies in the world. The following list shows the GDP (nominal) of Mexico 's 32 states as of 2022, ranked in order. Ranked by All voters rank it your way 1 California 1850-09-09 Nominal GDP: $4. 88 trillion (in chained 2012 dollars), falling second to California’s $2. state business tax climate index 2025 U. This is a slight increase from the previous year, when the state's GDP stood at 3. Graph and download economic data for Real Gross Domestic Product: All Industry Total in California/ (Real Gross Domestic Product*1000) from 1900 to 2025 about GSP, CA, real, industry, GDP, USA, headline figure, residents, and population. Census Bureau population figures to calculate per capita personal income estimates for the second quarter of 2020 through the fourth quarter of 2024. 7 trillion). We would like to show you a description here but the site won’t allow us. Bureau of Economic 6 days ago · In 2023, the per capita personal income in California was 81,255 U. 103 trillion Real GDP Growth Rate: 3. 1 trillion U. 048T as of 2024. Top 10 U. counties and county equivalents by gross domestic product in US$. Feb 29, 2024 · Here, we look at the top five GDP-contributing states, adjusted for inflation, and discuss how population, per capita, and working age measures change these rankings. Its tax revenue per capita is $9,229, almost 90% higher than Texas, reflecting the burden on residents and businesses. Jul 9, 2025 · Discover the richest U. Nominal gross domestic product (GDP) per capita is the total value of a country's finished goods and services (gross domestic product) divided by its total population (per capita). Texas accounted for 9. Texas and New York are the next largest state economies, at 9% and 8%, respectively. Units: Dollars Frequency: Annual Release: Gross Domestic Product by State Source: U. About $3. Mexican states by GDP (2022) Jan 7, 2025 · The state’s tax revenue per capita is $4,822, supported by property taxes and other revenue sources. And the GDP per capita numbers are based on each state's census information.