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West Virginia

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Overall Rank

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50

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
50
49
47
50

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
42
11
50

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
49
39
47

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
39
49
4
42

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
32
42
41
46

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

West Virginia

Strengths

• Abundant natural energy resources (metallurgical coal, natural gas) and power export capacity• Lowest cost of living rank in the Eastern U.S. (#4) and low commercial property costs• World-class outdoor adventure tourism (New River Gorge) and growing eco-tourism base

Weaknesses

• Lowest labor force participation rate in the nation (54.0%) and declining population• Lowest educational quality/attainment rank (#50) and acute public health challenges• Extreme fiscal reliance on legacy fossil fuel severance taxes

Opportunities

• Energy sector transition (hydrogen hubs, geothermal, rare earth element extraction)• Rural broadband expansion attracting remote workers and light manufacturing• Outdoor tourism expansion, timber innovation, and defense tech manufacturing

Threats

• Accelerating global transition away from coal disrupting local tax bases and employment• Severe opioid and public health crises constraining workforce participation• Persistent youth out-migration and infrastructure maintenance backlogs

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
42
$111.3B
0.36%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
11
$262
$3,685
$1,639,475
0.22%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$3,423
$2,415,187
0.14%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
50
28
4
39
717.4
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
0
0
54.00%

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)
49
0.72%
2.86
0.42%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
39

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
47
$5
$2
$413

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
39
24
50th
45th
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
16.60%
24.40%
10.20%
21.10%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
49
$52,882
58.2%
5.6%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
4
87
96
70
93
98
89

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
42
1051.004
111.36
$111.3B
1

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
32
29
27
33
19
24

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
42
1
99.20%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
41
717.40
44.9
0.32%
$9.3B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
6.26%
0.36%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
46
46
38

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265 Garnet Dr 

Livermore, CA 94550

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