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Rhode Island

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Overall Rank

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38

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 14 parameters and 4 Pillars

4 Pillars National Ranking

Economic Scale & Vitality
Innovation & Enterprise
Human Capital & Living
Structural & Policy
32
28
26
45

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
44
23
29

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
28
21
28

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
5
23
40
43

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
40
49
39
14

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.

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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

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Indicator Normalization & Scoring​

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  1. Benchmarking: Raw indicator values are mapped against established global minimum, median, and maximum distribution bounds.

  2. Sub-metric Standardization: Indicators are normalized to relative 0–100 percentile scores (inverting cost/burden metrics where lower is favorable).

  3. Pillar Aggregation: Sub-metric scores are weighted within each domain to generate a 0–100 score for each of the 4 pillars.

  4. Composite Index Calculation:

    Composite Score = (0.30 x Pillar 1) + (0.25 x Pillar 2) + (0.25 x Pillar 3) + (0.20 x Pillar 4)

Classification & Benchmarking Output

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  • State Ranking: Economies are ranked 1 to 50 based on their composite index.

  • Performance Tiers: Jurisdictions are categorized into distinct comparative cohorts (e.g., Tier 1: Global Frontier, Tier 2: Advanced Competitor).

  • Primary Pillar Advantage: Identifies each economy's leading structural driver (e.g., Innovation Ecosystem vs. Scale & Vitality) relative to its peer group.

COMPETITIVENESS SWOT

Rhode Island

Strengths

• Ranked #2 nationally in Educational Quality (Brown, RISD, Naval War College)• Prime Atlantic maritime access via the Port of Davisville for logistics and vehicle imports• Strong ocean economy, naval defense industry, and high quality-of-life amenities

Weaknesses

• Small economic scale ($88.2B GDP; #44) limiting economic diversification• High cost of living (#40), high tax environment (#43 tax rank), and aging public transit• Structural economic growth challenges and high infrastructure repair costs

Opportunities

• Blue Economy expansion (ocean tech, offshore wind, marine biotech, aquaculture)• Specialized design, creative technology, and digital innovation clusters• Maritime tourism development and defense tech enterprise innovation

Threats

• Severe coastal storm damage, sea-level rise, and Atlantic climate impacts• Intense regional competition for talent from Boston and NYC metros• Demographically constrained labor force and workforce development hurdles

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
44
$88.2B
0.29%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
23
-$3,611
$3,660
$1,639,475
0.22%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$7,271
$2,415,187
0.30%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
29
20
3.6
44
513.1
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
-0.1
-0.7
62.00%

Innovation & Enterprise

R&D

R&D Overall Rank
R&D spend as a % of GDP
Patents Awarded per 1K S&E Occ
Bus Perf R&D (% Output)
28
2.10%
10.26
0.93%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
21
5
$471.8B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
28
$39
$164
$1,460

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
5
59
21st
2nd
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
15.10%
21.30%
8.90%
32.40%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
23
$65,818
55.2%
3.5%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
40
111
103
117
123
97
103

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
43
785.799
106.77
$88.2B
0.83

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
40
32
30
27
43
48

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
49
0
100.00%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
39
513.10
40.5
0.21%
$6.2B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
7.89%
0.32%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
14
20
13

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265 Garnet Dr 

Livermore, CA 94550

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