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 New York (1=Best; 25=Avg.):

Overall Rank: 16 th

26 th – Change in GDP

29 th – Exports per Capita

12 th – Startup Activity

19 th – % of Jobs in High-Tech Industries

18 th – Annual Median Household Income

8 th – Change in Nonfarm Payro

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