U.S. GDP RANK #1 · CA 14.00% OF U.S. GDP
California Economy: GDP, Income, Jobs & Housing
In 2025, California (CA) generated $4,297.4 billion in nominal Gross Domestic Product (14.00% of the U.S. economy, ranked #1 nationwide) and $3,429.3 billion in real chained 2017 dollars. Per-capita personal income stood at $90,957 across a resident population of 39.36 million.
2025 Nominal GDP
$4,297.4B
U.S. Rank #1
Real GDP Growth
+3.54% 5Y Real: +16.9%
Per-Capita Income $90,957 BEA Personal Income
Avg Wage / Job $97,593 25.41M total jobs
Population 39.36M
10Y: +1.0%
5Y Home Price
+41.4% FHFA Index: 964.9
BEA & FHFA REGIONAL SERIES · 1997-2025
California GDP, Per-Capita Income & House Price Trajectory
California Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $4,297.4B | $3,429.3B | 3.54% | $90,957 | $97,593 | 25.41M | 964.9 |
| 2024 | $4,054.1B | $3,312.2B | 3.38% | $86,761 | $92,848 | 25.28M | 946.9 |
| 2023 | $3,820.4B | $3,203.9B | 1.35% | $81,318 | $88,311 | 24.99M | 905.2 |
| 2022 | $3,623.5B | $3,161.2B | -0.21% | $77,221 | $85,143 | 24.95M | 896.5 |
| 2021 | $3,435.1B | $3,167.9B | 8.01% | $77,140 | $86,100 | 23.94M | 778.4 |
| 2020 | $3,076.3B | $2,933.0B | -1.21% | $70,098 | $79,673 | 23.16M | 682.3 |
| 2019 | $3,068.6B | $2,969.1B | 4.16% | $64,230 | $71,782 | 24.23M | 654.5 |
| 2018 | $2,899.5B | $2,850.6B | 4.02% | $60,994 | $68,926 | 24.08M | 634.0 |
| 2017 | $2,740.6B | $2,740.6B | 4.45% | $58,225 | $66,460 | 23.55M | 595.3 |
| 2016 | $2,586.5B | $2,623.7B | 3.05% | $55,873 | $63,461 | 23.18M | 558.8 |
| 2015 | $2,487.2B | $2,546.0B | 4.83% | $53,828 | $62,121 | 22.69M | 521.9 |
| 2014 | $2,342.2B | $2,428.7B | 3.77% | $50,631 | $59,423 | 22.00M | 487.3 |
| 2013 | $2,223.3B | $2,340.3B | 3.76% | $48,079 | $57,604 | 21.32M | 435.4 |
| 2012 | $2,108.9B | $2,255.4B | 2.85% | $47,800 | $57,479 | 20.67M | 387.9 |
| 2011 | $2,014.1B | $2,192.9B | 1.81% | $45,517 | $56,157 | 19.99M | 386.9 |
| 2010 | $1,938.6B | $2,153.9B | 2.05% | $43,145 | $54,441 | 19.64M | 408.2 |
| 2009 | $1,879.8B | $2,110.7B | -3.72% | $41,664 | $52,729 | 19.84M | 420.9 |
| 2008 | $1,946.2B | $2,192.3B | 1.08% | $43,391 | $52,524 | 20.65M | 486.4 |
| 2007 | $1,900.2B | $2,168.9B | 2.29% | $43,070 | $51,389 | 20.89M | 607.8 |
| 2006 | $1,812.2B | $2,120.4B | 3.83% | $41,454 | $49,108 | 20.51M | 642.6 |
| 2005 | $1,698.9B | $2,042.1B | 4.36% | $38,737 | $46,787 | 20.13M | 583.0 |
| 2004 | $1,585.1B | $1,956.7B | 3.24% | $36,969 | $45,000 | 19.78M | 471.9 |
| 2003 | $1,498.6B | $1,895.3B | 4.05% | $35,191 | $42,719 | 19.48M | 384.5 |
| 2002 | $1,419.3B | $1,821.5B | 2.07% | $34,047 | $41,300 | 19.36M | 341.8 |
| 2001 | $1,373.3B | $1,784.6B | 0.01% | $33,915 | $41,246 | 19.34M | 307.5 |
| 2000 | $1,354.8B | $1,784.3B | 7.79% | $33,175 | $40,869 | 19.23M | 272.7 |
| 1999 | $1,239.8B | $1,655.4B | 7.59% | $30,529 | $37,262 | 18.85M | 242.3 |
| 1998 | $1,143.7B | $1,538.6B | 6.76% | $28,901 | $35,098 | 18.43M | 224.4 |
| 1997 | $1,068.0B | $1,441.2B | - | $26,979 | $33,434 | 17.67M | 206.9 |