Department of Numbers

Rhode Island GDP

Rhode Island GDP was $65,939,000,000 in 2021 according to BEA data. Rhode Island GDP represents 0.29% of US GDP which made it the 44th largest state economy in the nation in 2021.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Rhode Island

2021
(Billions)
1 Year Change 3 Year Change 5 Year Change
Rhode Island $65.939 +4.55% +3.93% +2.70%

Trends in Rhode Island Real GDP

Over the 5 years ending in 2021 the Rhode Island economy grew in real terms by 2.70% at a compound annual growth rate of 0.53% per year. Real Rhode Island GDP, at $65.939 bn in 2021, is at the highest level recorded to date.

Real GDP (2021 Dollars): Rhode Island

Historical Real GDP (2021 Dollars) data for Rhode Island

Date Rhode Island
(Billions)
2021 $65.939
2020 $63.072
2019 $64.637
2018 $63.443
2017 $63.653
2016 $64.204
2015 $63.759
2014 $62.306
2013 $61.696
2012 $61.059
2011 $60.540

more history ...

Rhode Island GDP Components: Per-Capita GDP & Popuation

Rhode Island per-capita GDP was $60,185 in 2021. which is $9,036 lower than the US per-capita GDP.

Show dollars as: Nominal Real

Real GDP (2021 Dollars) in Rhode Island

2021 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $69,221 +5.53% +3.34% +7.37%
Rhode Island Per-Capita GDP $60,185 +4.60% +0.49% -0.84%
Rhode Island Population 1,095,610 -0.06% +3.42% +3.57%

Trends Real in Rhode Island Real Per-Capita GDP & Population

Real Rhode Island per-capita GDP is 0.84% lower today than 5 years prior in 2016. In that time the population in Rhode Island grew by 37,794 (3.57%) people. The per-capita GDP decline plus the population growth are approximatly equal to the GDP decline Rhode Island shown above.

Real Per-Capita GDP (2021 Dollars): Rhode Island, National

Historical Real Per-Capita GDP (2021 Dollars) and Population data for Rhode Island

Date US Per-Capita GDP Rhode Island Per-Capita GDP Rhode Island Population
2021 $69,221 $60,185 1,095,610
2020 $65,595 $57,536 1,096,229
2019 $68,164 $61,084 1,058,158
2018 $66,987 $59,889 1,059,338
2017 $65,472 $60,246 1,056,554
2016 $64,472 $60,695 1,057,816
2015 $63,906 $60,327 1,056,886
2014 $62,711 $58,973 1,056,511
2013 $61,792 $58,449 1,055,560
2012 $61,132 $57,882 1,054,893
2011 $60,234 $57,448 1,053,829

more history ...