South Dakota Has the 5th Worst State Economy – WalletHub Study

UNDATED – With California outranking Japan in 2024 as the world’s fourth-largest economy, the personal-finance website WalletHub today released its report on 2025’s Best & Worst State Economies, as well as expert commentary.

In order to determine America’s top economic performers, WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength. The data set ranges from change in GDP to startup activity to the share of jobs in high-tech industries.

Economic Performance of South Dakota (1=Best; 25=Avg.):

• Overall Rank: 47^th
• 49^th – Change in GDP
• 44^th – Exports per Capita
• 37^th – Startup Activity
• 41^st – % of Jobs in High-Tech Industries
• 29^th – Annual Median Household Income
• 15^th – Change in Nonfarm Payrolls
• 24^th – Government Surplus/Deficit per Capita

For the full report, please visit:
https://wallethub.com/edu/states-with-the-best-economies/21697