U.S. Historical Statistical Digest BLS · BEA · Census · Treasury
U.S. GDP RANK #45 · RI 0.29% OF U.S. GDP

Rhode Island Economy: GDP, Income, Jobs & Housing

In 2025, Rhode Island (RI) generated $88.2 billion in nominal Gross Domestic Product (0.29% of the U.S. economy, ranked #45 nationwide) and $67.2 billion in real chained 2017 dollars. Per-capita personal income stood at $75,233 across a resident population of 1.11 million.

2025 Nominal GDP $88.2B U.S. Rank #45
Real GDP Growth +2.79% 5Y Real: +15.1%
Per-Capita Income $75,233 BEA Personal Income
Avg Wage / Job $71,967 0.69M total jobs
Population 1.11M 10Y: +3.4%
5Y Home Price +67.5% FHFA Index: 1,015.0
BEA & FHFA REGIONAL SERIES · 1997-2025

Rhode Island GDP, Per-Capita Income & House Price Trajectory

Rhode Island Historical Economic Ledger (1997-2025)

Year Nominal GDP ($B) Real GDP ($B) Real YoY % Per-Capita Inc Avg Wage/Job Jobs (M) FHFA HPI
2025 $88.2B $67.2B 2.79% $75,233 $71,967 0.69M 1,015.0
2024 $83.2B $65.4B 3.44% $72,004 $69,143 0.69M 955.2
2023 $77.9B $63.2B 1.85% $68,463 $66,809 0.68M 877.4
2022 $72.8B $62.1B 1.15% $64,547 $65,241 0.67M 810.7
2021 $67.9B $61.4B 5.04% $63,115 $62,989 0.64M 700.8
2020 $62.3B $58.4B -2.85% $59,267 $60,856 0.62M 605.8
2019 $62.8B $60.2B 2.41% $55,110 $55,746 0.65M 573.2
2018 $60.1B $58.7B -0.05% $52,118 $54,411 0.65M 548.5
2017 $58.8B $58.8B 0.24% $50,400 $53,566 0.64M 516.5
2016 $57.7B $58.6B 0.41% $48,503 $52,057 0.63M 487.9
2015 $56.6B $58.4B 1.36% $48,037 $51,278 0.63M 467.0
2014 $54.6B $57.6B 0.99% $46,608 $50,003 0.61M 446.1
2013 $53.0B $57.0B 0.97% $45,071 $48,459 0.60M 435.5
2012 $51.5B $56.5B 0.82% $45,263 $47,466 0.59M 437.1
2011 $50.1B $56.0B -0.04% $44,056 $46,310 0.59M 449.8
2010 $49.4B $56.1B 2.88% $42,591 $45,318 0.59M 470.8
2009 $47.6B $54.5B -0.90% $40,554 $43,982 0.59M 492.1
2008 $47.1B $55.0B -2.23% $41,487 $43,555 0.61M 535.1
2007 $47.5B $56.2B -2.06% $40,608 $42,141 0.62M 582.4
2006 $47.2B $57.4B 2.74% $38,719 $40,947 0.61M 598.0
2005 $44.4B $55.9B 1.32% $36,746 $39,177 0.61M 574.9
2004 $42.6B $55.2B 4.21% $35,867 $37,999 0.60M 505.7
2003 $39.8B $52.9B 3.22% $34,256 $36,744 0.59M 426.1
2002 $37.9B $51.3B 3.18% $32,801 $34,970 0.59M 371.4
2001 $35.9B $49.7B 1.20% $31,795 $33,623 0.59M 321.8
2000 $34.6B $49.1B 4.87% $30,350 $32,425 0.58M 289.2
1999 $32.3B $46.8B 3.19% $28,432 $30,877 0.57M 261.8
1998 $30.8B $45.4B 4.48% $27,493 $29,818 0.55M 251.1
1997 $29.0B $43.4B - $25,898 $28,355 0.55M 241.7