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South Dakota

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Overall Rank

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32

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
16
43
31
11

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
46
13
11

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
44
38
44

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
28
11
21
45

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
2
13
35
15

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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COMPETITIVENESS SWOT

South Dakota

Strengths

• Exceptionally low unemployment rate (2.4%) and top-tier fiscal stability• Robust agricultural economy (livestock, grain production) and financial services sector• Iconic national tourism destinations (Mount Rushmore, Black Hills) driving revenue

Weaknesses

• Small population density and economic scale ($82.0B GDP; #46)• Extreme weather risks affecting crop yields and seasonal commerce• Acute labor shortages across rural agricultural and industrial sectors

Opportunities

• Renewable wind energy development, bio-fuels, and grid export capacity• Ag-tech innovation, autonomous farming, and value-added food processing• Tourism sector expansion and financial tech ecosystem growth

Threats

• Severe drought, extreme weather events, and shifting agricultural climate patterns• International trade trade friction and commodity price drops impacting farm revenue• Federal agricultural policy shifts and persistent rural out-migration

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
46
$82.0B
0.27%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
13
$155
$1,260
$1,639,475
0.08%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$1,105
$2,415,187
0.05%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
11
12
2
46
470.5
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
0.4
1.8
66.30%

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)
44
0.55%
6.36
0.38%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
38
1
$16.2B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
44
$15
$32
$445

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
28
47
31st
32nd
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
13.00%
20.30%
10.40%
27.70%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
11
$71,850
63.8%
5.6%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
21
94
98
86
85
94
107

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
45
684.291
105.08
$82.0B
0.78

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
2
1
1
31
8
20

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
13
18
56.90%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
35
470.50
43.8
0.18%
$5.4B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
9.31%
0.35%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
15
14
46

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265 Garnet Dr 

Livermore, CA 94550

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