Tomograf | E+ | Getty Images
Rhode Island Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 180 | 45 | 42 | D- |
| INFRASTRUCTURE | 173 | 39 | 32 | D+ |
| WORKFORCE | 189 | 21 | 22 | C |
| COST OF DOING BUSINESS | 87 | 46 | 46 | D |
| BUSINESS FRIENDLINESS | 87 | 46 | 45 | D |
| QUALITY OF LIFE | 160 | 13 | 15 | B- |
| TECHNOLOGY & INNOVATION | 110 | 33 | 23 | D |
| EDUCATION | 50 | 33 | 43 | C |
| ACCESS TO CAPITAL | 19 | 37 | 39 | D- |
| COST OF LIVING | 25 | 36 | 42 | D+ |
| OVERALL | 1080 | 46 | 44 |
Economic Profile
Governor: Dan McKee, Democrat
Population: 1,112,308
GDP growth (Q1 2025): 0.2%
Unemployment rate (May 2025): 4.9%
Top corporate tax rate: 7%
Top individual income tax rate: 5.99%
Gasoline tax: 56.52 cents/gallon
Bond rating (Moody's/S&P): Aa2, Stable/AA, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
