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The Wall Street Publication > Blog > Economy > California overtakes Japan to turn out to be world’s 4th largest economic system
Economy

California overtakes Japan to turn out to be world’s 4th largest economic system

Editorial Board Published April 24, 2025
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California overtakes Japan to turn out to be world’s 4th largest economic system
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California Republican gubernatorial candidate Steve Hilton explains why he’s working for workplace and particulars his platform on ‘Kudlow.’

California has overtaken Japan to turn out to be the fourth-largest economic system on the earth, in response to worldwide and home trackers.

The IMF and BEA have California’s nominal GDP at $4.1 trillion of their newly launched knowledge, in comparison with Japan’s $4.01 trillion.

GOP LAWMAKER TOUTS $19M TRUMP TARIFF SUCCESS STORY IN HER DISTRICT: ‘NEW MODEL FOR AMERICAN MANUFACTURING’

The info additionally reveals that, have been California its personal nation, its development fee would exceed the U.S. and another nation on the earth. The state’s nominal GDP grew at a fee of 6% in 2024, outpacing the U.S.’ 5.3% fee, China’s 2.6% fee and Germany’s 2.9% fee.

“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,” he added.

Trump during executive order signing session

LONGTIME TRUMP FOE LETITIA JAMES REVIEWING POSSIBLE INSIDER TRADING OVER PRESIDENT’S TARIFF PAUSE

Trump tariff

President Donald Trump imposed sweeping tariffs on nations throughout the globe earlier this month.

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The states suing with New York embody Arizona, Colorado, Connecticut, Delaware, Illinois, Maine, Minnesota, Nevada, New Mexico, Oregon and Vermont.

TAGGED:4thCaliforniaEconomyJapanLargestovertakesworlds
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