We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 

California Has 6th Largest Economy In World

Capital Public Radio / File
 

Capital Public Radio / File

New data from the World Bank show that California's economy was equivalent to the sixth largest in the world last year. 

The World Bank's annual rankings of countries' gross domestic products - or G-D-P - echoes an analysis published last month by the California Department of Finance.

The U.S. Bureau of Economic Analysis reported in June that California's GDP was $2.5 trillion in 2015, that's up 4.1 percent from a year earlier.

The dollar figure represents the value of goods and services produced in California.

If California were a country, it would have the sixth largest economy in the world.

The move up is partly due to weaker economies in Brazil and France.

California saw more economic growth than the United States as a whole, which was up 2.4 percent.

The state's economy has grown faster than the U.S. as a whole since the late-1990s.

The Associated Press contributed to this report.