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.
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 |
2010 | $60.890 |
2009 | $59.422 |
2008 | $59.270 |
2007 | $60.488 |
2006 | $61.944 |
2005 | $60.027 |
2004 | $59.105 |
2003 | $56.786 |
2002 | $55.235 |
2001 | $53.208 |
2000 | $52.289 |
1999 | $50.061 |
1998 | $48.487 |
1997 | $46.026 |
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.
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 |
2010 | $59,785 | $57,771 | 1,053,994 |
2009 | $58,700 | $56,396 | 1,053,646 |
2008 | $60,801 | $56,180 | 1,055,003 |
2007 | $61,300 | $57,209 | 1,057,315 |
2006 | $60,671 | $58,267 | 1,063,096 |
2005 | $59,591 | $56,209 | 1,067,916 |
2004 | $58,122 | $55,003 | 1,074,579 |
2003 | $56,474 | $53,005 | 1,071,342 |
2002 | $55,447 | $51,815 | 1,065,995 |
2001 | $55,044 | $50,332 | 1,057,142 |
2000 | $55,069 | $49,786 | 1,050,268 |
1999 | $53,494 | $50,525 | 990,819 |
1998 | $51,633 | $49,091 | 987,704 |
1997 | $49,997 | $46,634 | 986,966 |