Viewing the image | Moody's: US GDP exceeds 30 trillion US dollars, California contributes 14.5%, equivalent to the world's fifth largest economy.
According to data from Moody's Analytics, the United States' Gross Domestic Product (GDP) has exceeded 30 trillion US dollars. The following chart compares the share of each state's GDP in the national GDP. California, Texas, New York, and Florida together account for over 37% of the GDP. These states also have the largest population in the United States, which directly affects the local economic scale and output. Just in California alone, the state's GDP accounts for 14.5%, exceeding 4 trillion US dollars. This economic scale is equivalent to the world's fifth largest economy, with real estate and finance being the main drivers of its economic output.
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