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Ohio

Overall Rank

9

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters - F500 Cos Representation | Trade Surplus or Deficit | GDP | Agriculture | Innovation | Manufacturing | Employment | Tax | Cost of Living | Disposable Income and Education.

Population
% of overall Population
US Overall
11,883,304
3.5%
340,110,988
david-whipple-mU-wz7JlJMc-unsplash_Ravid.jpg

National Ranking Index

Strengths
Manufacturing, healthcare, finance, and agriculture; Strong presence in manufacturing, particularly in the automotive and aerospace industries; Strategic Location; Educational Institutions; Affordable Cost of Living
Weaknesses
Aging Population; Decline in Manufacturing; Brain Drain; Infrastructure Challenges
Opportunities
Technological Innovation; Healthcare Expansion; Renewable Energy; Logistics and Distribution
Threats
Economic Downturns; Competition from Other States; Changing Demographics; Environmental Concerns

1 Fortune 500 representation

The map represents number of Fortune 500 companies present in each State

Clicking on table contents will take you to the source data

F500 Overall Rank
F500 Cos
5
27

2 Balance of Trade

The map represents Trade Surplus / Deficit in Millions USD of each State in YTD 2025



In Millions USD - 2025 YTD

Trade Balance Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
US Exports 2025 YTD
% of US Exports
38
-$12,675
$17,810
$711,202
2.50%
Imports in Millions USD
US Imports 2025 YTD
% of US Imports
$30,485
$1,224,182
2.49%

3 GDP

The map represents Nominal GDP in Millions USD of each State in 2024

In Millions USD - 2025 YTD

GDP Overall Rank
Nominal GDP (2024)
GDP Per Capita
% of Capital
7
922,776
$78,120
3.2

4 Innovation

The map represents Innovation Rankings of each State in 2024

Innovation Overall Rank
Total Innovation Rank
Financial Incentives Index
Innovation Vitality Index
32
2.8
2
4

5 Agriculture

The map represents State Receipts of all commodities for each State in 2024 in USD 1000s

Agriculture Overall Rank
State receipts for all commodities ($1000)
Share of US receipts for all commodities
12
13,742,584
2.7

6 Tax

The map represents Tax Regime Rankings for each State

Tax Overall Rank
Corporate Tax Rank
Individual Income Tax Rank
Sales Tax Rank
Property Tax Rank
35
45
25
43
6

7 Manufacturing

The map represents Manufacturing Rankings for each State

Mfg Overall Rank
Mfg Overall Index
Workforce & Market Alignment
Operating Costs
Geo Positioning
7
110.2
101.4
104.7
127.3

8 Employment

The map represents Employment Rankings for each State

Employment Overall Rank
Unemployment Rank
Unemployment Rates April 2025
Employment Rank
Total employment (thousands)
12-month percent change in employment
12-month net change in employment (thousands)
30
45
4.9
7
5,713.10
1.2
67.8

9 Education

The map represents Education Rankings for each State

Education Overall Rank
Quality of Education Rank
% of Population with Bachelor's Degree
% of Population with Associates' Degree
% of Population with High School Diploma or Equivalent
% of Population with Graduate or Professional Degree
%of Population with less than High School Diploma
36
19
32
9.2
31.8
12.7
2.7

10 Cost of Living

The map represents Cost of Living for each State

Cost of Living Overall Rank
Cost of Living
15
$35,932

Please note that the ranking has been re-calibrated by theboardiQ from the data source - ranking the lowest Cost of Living as the highest rank

11 Disposable Income

The map represents Cost of Living for each State

Disposable Income Overall Rank
Disposable Income
11
$23,951

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265 Garnet Dr 

Livermore, CA 94550

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