California has the eighth-highest GDP per capita ($58,619) among all U.S.
The top 10 U.S.
states by GDP per capita are: District of Columbia, Massachusetts, New York, Connecticut, Alaska, Delaware, North Dakota, Wyoming, California, New Jersey, Washington.
Where does California rank in world economy?
SACRAMENTO, Calif. – California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said.
How much does California contribute to the US?
California’s economy of $2.7 trillion sits behind the United States, China, Japan and Germany. California’s large economy is attributed to its thriving tech sector and Hollywood, according to the Associated Press. It has 12% of the U.S. population, but has contributed 16% of total job growth between 2012 and 2017.
How much is the state of California in debt?
According to a January 2017 study, “California state and local governments owe $1.3 trillion as of June 30, 2015.” The study was based on “a review of federal, state and local financial disclosures.” In other words, that $1.3 trillion in debt is the amount to which California governments admit.
What is the poorest state in the US 2018?
The 10 Poorest States In America For 2019
- Mississippi (Photos)
- New Mexico (Photos)
- Alabama (Photos)
- Louisiana (Photos)
- West Virginia (Photos)
- Kentucky (Photos)
- South Carolina (Photos)
- Arkansas (Photos)
Which US state is the poorest?
If you were to ask most Americans which is the poorest state in the nation, they might say Alabama or Mississippi, with their low average incomes and concentrations of African-American poverty. In fact, the state with the largest share of people in poverty is California.
Photo in the article by “Authority Dental”