TNPSC Thervupettagam

World's 5th Largest Economy

May 11 , 2018 2390 days 956 0
  • According to new federal data, US state California's economy has surpassed that of the UK to become the world’s fifth largest.
  • With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany.
  • The UK and India are next on the list, followed by France, Brazil and Italy respectively.
  • California had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession.

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