New Delhi: California has officially become the worlds fourth-largest economy surpassing China. According to the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis released data Californias GDP has reached USD 4.1 trillion. According to this data California now trails only the US China and Germany in terms of economic size. Governor of California Gavin Newsom has celebrated this economic achievement. He credited it to the states focus on innovation sustainability and progressive policies. Newsom said that Californias growth showcases the power of our diverse economy and our investment in people-centered policies. Here are some of the key details: According to data from the International Monetary Fund (IMF) and the US Bureau of Economic Analysis in 2024 California’s economy grew at a rate of 6 percent California surpassed major global economies such as the US at 5.3 percent China at 2.6 percent and Germany at 2.9 percent. Over the past four years California has maintained a steady GDP growth rate of 7.5 percent despite global uncertainties. Gavin Newsom praised Californias performance but also expressed concerns about external factors particularly trade policies and tariffs which could impact the country’s future growth. Status of the Indian Economy India is likely to surpass California’s GDP by 2026 according to the reports. California’s rise as a global economic power has been driven by industries such as technology entertainment agriculture and green energy. The IMF stated that India grew at a rate of 6.5 percent in 2024-25 and is projected to grow at 6.2 percent in 2026-27. However this growth rate is 0.3 percent lower compared to the January 2025 WEO update.