what is the total gdp of the world
On June 10, the U.S. Bureau of Economic Analysis released its preliminary estimates of state gross domestic product (GDP) for 2014, as we described in a blog post last week. California's 2014 GDPâthe value of all goods and services produced hereâwas estimated at $2.31 trillion. In this blog post, we discuss one of the most common questions we are askedâhow California's economy compares with that of major countries around the worldâbased on the preliminary 2014 GDP data.