8th Largest Economy in the World
California, if separated from the United States, would on its own be a major player in the global economy. California’s economy ranks eighth in the world by GDP and represents 13% of the total U.S. GDP.
California has a diverse economy producing a wide variety of goods and services. In 2006, California produced more than $1.73 trillion in goods and services. California boasted a population of over 36.4 million people in 2007 which continues to grow in size and diversity.
Different regions in California are home to several different industries such as Hollywood (entertainment), Southern California (aerospace), the Central Valley (agriculture), Silicon Valley (Computers and Technology), and the Napa Valley (wine). California remains a strong leader in these industries.