Department of Numbers

Rhode Island GDP

Rhode Island GDP was $50,327,000,000 in 2016 according to BEA data. Rhode Island GDP represents 0.31% of US GDP which made it the 45th largest state economy in the nation in 2016. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Rhode Island

2016
(Billions)
1 Year Change 3 Year Change 5 Year Change
Rhode Island $50.327 +1.18% +3.10% +3.93%

Trends in Rhode Island Real GDP

Over the 5 years ending in 2016 the Rhode Island economy grew in real terms by 3.93% at a compound annual growth rate of 0.77% per year. Rhode Island GDP was at its highest in 2006 when it reached $51.304 bn. It is now $0.977 bn (1.90%) lower.

Real GDP (2009 Chained Dollars): Rhode Island

Historical Real GDP (2009 Chained Dollars) data for Rhode Island

Date Rhode Island
(Billions)
2016 $50.327
2015 $49.738
2014 $49.210
2013 $48.815
2012 $48.631
2011 $48.424
2010 $48.803
2009 $47.709
2008 $48.262
2007 $49.838
2006 $51.304

more history ...

Rhode Island GDP Components: Per-Capita GDP & Popuation

Rhode Island per-capita GDP was $47,639 in 2016. which is $2,938 lower than the US per-capita GDP. Real dollar values expressed in 2009 chained dollars.

Show dollars as: Nominal Real

Real GDP (2009 Chained Dollars) in Rhode Island

2016 1 Year Change 3 Year Change 5 Year Change
US Per-Capita GDP $50,577 +0.84% +4.20% +6.27%
Rhode Island Per-Capita GDP $47,639 +1.11% +2.77% +3.54%
Rhode Island Population 1,056,426 +0.08% +0.32% +0.38%

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

Real Rhode Island per-capita GDP is 3.54% higher today than 5 years prior in 2011. In that time the population in Rhode Island grew by 3,975 (0.38%) people. The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Rhode Island shown above.

Real Per-Capita GDP (2009 Chained Dollars): Rhode Island, National

Historical Real Per-Capita GDP (2009 Chained Dollars) and Population data for Rhode Island

Date US Per-Capita GDP Rhode Island Per-Capita GDP Rhode Island Population
2016 $50,577 $47,639 1,056,426
2015 $50,155 $47,118 1,055,607
2014 $49,253 $46,668 1,054,480
2013 $48,538 $46,356 1,053,033
2012 $48,173 $46,188 1,052,901
2011 $47,595 $46,010 1,052,451
2010 $47,287 $46,332 1,053,337
2009 $46,680 $45,280 1,053,646
2008 $48,401 $45,746 1,055,003
2007 $49,126 $47,137 1,057,315
2006 $48,880 $48,259 1,063,096

more history ...