Department of Numbers

California GDP

California GDP was $2,206,766,000,000 in 2015 according to BEA data. California GDP represents 13.77% of US GDP which made it the largest state economy in the nation in 2015. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in California

2015
(Billions)
1 Year Change 3 Year Change 5 Year Change
California $2,206.766 +4.15% +10.10% +14.25%

Trends in California Real GDP

Over the 5 years ending in 2015 the California economy grew in real terms by 14.25% at a compound annual growth rate of 2.70% per year. Real California GDP, at $2,206.766 bn in 2015, is at the highest level recorded to date.

Real GDP (2009 Chained Dollars): California

Historical Real GDP (2009 Chained Dollars) data for California

Date California
(Billions)
2015 $2,206.766
2014 $2,118.858
2013 $2,055.578
2012 $2,004.400
2011 $1,958.105
2010 $1,931.514
2009 $1,913.674
2008 $2,002.744
2007 $1,994.044
2006 $1,963.442
2005 $1,902.194

more history ...

California GDP Components: Per-Capita GDP & Popuation

California per-capita GDP was $56,365 in 2015. which is $6,521 higher than the US per-capita GDP. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in California

2015 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $49,844 +1.53% +3.51% +5.41%
California Per-Capita GDP $56,365 +3.22% +7.04% +8.95%
California Population 39,151,017 +0.90% +2.86% +4.86%

Trends Real in California Real Per-Capita GDP & Population

Real California per-capita GDP is 8.95% higher today than 5 years prior in 2010. In that time the population in California grew by 1,815,006 (4.86%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth California shown above.

Real Per-Capita GDP (2009 Chained Dollars): California, National

Historical Real Per-Capita GDP (2009 Chained Dollars) and Population data for California

Date US Per-Capita GDP California Per-Capita GDP California Population
2015 $49,844 $56,365 39,151,017
2014 $49,091 $54,606 38,802,500
2013 $48,396 $53,487 38,431,393
2012 $48,156 $52,660 38,062,780
2011 $47,586 $51,936 37,701,901
2010 $47,287 $51,733 37,336,011
2009 $46,680 $51,775 36,961,229
2008 $48,401 $54,713 36,604,337
2007 $49,126 $55,008 36,250,311
2006 $48,909 $54,508 36,021,202
2005 $48,090 $53,092 35,827,943

more history ...

Employees Share of Compensation as Fraction of GDP

The California employee share of compensation (the fraction of GDP going towards employee income) in 2014 was 52.56%. This is 1.01% below US employee compensation share.

2014 1 Year Change 3 Year Change 5 Year Change
United States 53.58% +0.26% +0.02% -0.70%
California 52.56% +0.13% -0.09% +0.57%

Trends in Employee Compensation for California

Employee share of compensation in California has grown over the past 5 years by 0.57%. Employee share of compensation is currently (1.01%) below than the United States as a whole. California employee share was at the highest in 2001 when it reached 56.43%. Since then it has declined 3.87% to its current value of 52.56%. From a low point of 51.89% in 2010, California employee share has now grown by 0.67% to 52.56%.

Employee Compensation as a Percent of GDP: California, National

Historical Employee Compensation as a Percent of California GDP

Date National California
2014 53.58% 52.56%
2013 53.32% 52.43%
2012 53.57% 52.95%
2011 53.56% 52.66%
2010 53.47% 51.89%
2009 54.28% 52.00%
2008 55.16% 52.51%
2007 54.81% 52.95%
2006 54.38% 52.72%
2005 54.36% 52.86%
2004 55.14% 53.85%

more history ...