(KGTV) – California has overtaken Japan as the fourth-largest economy in the world, according to newly released data. Statistics from the International Monetary Fund and the U.S. Bureau of Economic Analysis show the Golden State’s nominal gross domestic product at $4.1 trillion.

California just overtook Japan in size, putting the U.S. state right behind the United States, China, and Germany on the list of the largest economies on the planet.