upper waypoint

California Economy: We're No. 9

Save ArticleSave Article
Failed to save article

Please try again

SACRAMENTO, Calif. (AP) The recession has taken a measurable toll on California, which has slipped behind Brazil to become the ninth-largest economy in the world.

As recently as 2002, California's economic output would have ranked it No. 6 in the world.

The Palo Alto-based Center for Continuing Study of the California Economy issued a report this month saying California had a $1.9 trillion economy in 2010, putting it just ahead of India. California, with a population of 37.5 million, previously had the eighth largest economy, behind Italy and ahead of Brazil.

The center used estimates of gross domestic product from the U.S. Department of Commerce and compared it to the World Bank's estimates of world economies.

Based on purchasing power across countries, California continues to rank as the world's 11th largest economy.

Sponsored

lower waypoint
next waypoint
Pro-Palestinian Protests Sweep Bay Area College Campuses Amid Surging National MovementAt Least 16 People Died in California After Medics Injected Sedatives During Police EncountersCalifornia Regulators Just Approved New Rule to Cap Health Care Costs. Here's How It WorksState Court Upholds Alameda County Tax Measure Yielding Hundreds of Millions for Child CareYouth Takeover: Parents (and Teachers) Just Don't UnderstandSan José Adding Hundreds of License Plate Readers Amid Privacy and Efficacy ConcernsCalifornia Law Letting Property Owners Split Lots to Build New Homes Is 'Unconstitutional,' Judge RulesViolence Escalates in Sudan as Civil War Enters Second YearSF Emergency Dispatchers Struggle to Respond Amid Outdated Systems, Severe UnderstaffingLess Than 1% of Santa Clara County Contracts Go to Black and Latino Businesses, Study Shows