Jun 182016
 

California largest economy

California is now the sixth-largest economy in the world, surpassing France, thanks to a robust state economy and strong U.S. dollar.

California was the world’s eighth-largest economy in 2014, Irena Asmundson, chief economist of the California Department of Finance, said in a phone interview on Friday. “California did exceptionally well in 2015.”

France is the world’s seventh-largest economy with a growth domestic product of $2.42 trillion, and India is the eighth-largest with $2.09 trillion, according to the latest International Monetary Fund data.

Contributed By Sonia Narula

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