14 Core Economic Indicators National Ranking
Economic Scale & Vitality National Ranking
Innovation & Enterprise National Ranking
Human & Capital Living National Ranking
Structural & Policy National Ranking
STATE PERFORMANCE GAUGE CHARTS
US STATES ECONOMIC & INNOVATION COMPETITIVENESS
An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.
Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.
The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens
COMPETITIVENESS SWOT
New Mexico
Strengths
• Ranked #12 nationally in R&D spend as % of GDP (8.04%) anchored by federal labs (Los Alamos, Sandia)• Rich natural gas, oil, and mineral resource base paired with space technology assets (Spaceport America)• Low cost of living (#13) and strong cultural tourism brand
Weaknesses
• Lowest K-12 educational quality score in the dataset (#50)• High poverty rates, high unemployment (4.7%), and low labor force participation (56.6%)• Infrastructure deficits and limited economic diversification outside energy/government
Opportunities
• Clean energy expansion (solar, wind, green hydrogen) and grid modernization• Expansion of the commercial spaceflight, defense tech, and film production industries• Ag-tech and specialized water-treatment technology development
Threats
• Fiscal vulnerability to global oil and natural gas price volatility• Extreme long-term drought and acute water supply constraints• Brain drain of educated youth due to limited local private-sector job growth
METRICS DEEPDIVE
Economic Scale & Vitality
GDP
Trade
Trade Overall Rank | Trade Surplus / Deficit | Exports in Millions USD | Total US Overall Exports 2026 YTD | Export % |
|---|---|---|---|---|
7 | $1,662 | $13,703 | $1,639,475 | 0.84% |
Imports in Millions USD | Total US Overall Imports 2026 YTD | Import % |
|---|---|---|
$12,041 | $2,415,187 | 0.50% |