The state of California The United States could become the fourth largest economy in the world, surpassing Germany.
According to analyst Matthew Winkler of Bloomberg“the gross domestic product of the Golden State [California] it is poised to overtake Germany as the fourth largest in the world after the US, China and Japan. It had already surpassed Brazil (7) and France (6) in 2015 and supplanted the United Kingdom (5) in 2017”.
The expert highlighted that the California economy has proven itself in the face of the pandemic and inflation thanks to its investments in renewable energy and the number of businessmen and entrepreneurs it generates.
Winkler predicted that the Gross Domestic Product (GDP) of the so-called “Golden State” in 2022 will be 3,357 billion dollars, with a growth of 147 percent.
California would overtake Germany
California’s economic strength is contrasted, according to Winkler, with the current fourth largest economy in the world: Germany. The GDP of the European country in 2021 was 4.22 trillion dollars. It is the lowest registered and, according to the specialist of Bloomberg“is about to disappear” since it barely grew in 2022, and even “it is expected to decrease in 2023”.
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