CALIFORNIA'S GOP BEATS OUT FRANCE.California surpassed France in 2000 to become the fifth largest economy in the world, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Economic Development Corp., a private, nonprofit research organization. The Los Angeles five-county area's economy has surpassed Spain's, ranking No. 10 in the world. The LAEDC LAEDC Los Angeles Economic Development Corporation LAEDC Louisiana Economic Development Council does a yearly analysis of the gross domestic product for all nations with a GDP GDP (guanosine diphosphate): see guanine. of more than $250 billion and includes California, the Los Angeles five-county area, and Los Angeles County. The world's top five economies in the 2000 comparison are: the United States at No. 1 with an annual GDP of $9,966 billion; Japan at No. 2 with $4,614 billion; Germany is No. 3 with $1,867 billion; the UK is No. 4 with $1,415 billion; and California closes in at No. 5 with $1,330 billion. Los Angeles County by itself continues to rank as the world's 16th largest economy, beating out Russia, Taiwan, Argentina and Switzerland with $352 billion in GDP. |
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