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    New Mexico

    West
    #48 of 51 states · IEPA 2025
    36.4▲ +1.7 YoY
    ●●●0.97IEPA COMPOSITE

    New Mexico scores 36.4 out of 100 on the IEPA US state layer (2025 edition), ranking #48 of 51 US states. That is up 1.7 points on the year before. Its strongest zone is Entrepreneurship Capacity at 60.7. Its binding constraint, the lowest-scoring of its six zones, is FDI Accelerator at 21.3. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2019–2025
    20192020202120222023202420251224364860
    TRADE · TOTAL GOODS EXPORTS (US$)
    20192020202120222023$0$1.5B$3.0B$4.5B$6.0B
    Goods exports · annual, US$
    STANDING
    National rank: #48 of 51
    US region: West
    Indices scored: 12
    Scored within the 50 states + DC across the same six zones. Expand any factor for the indices behind the number.
    PEERS · WEST
    NVNevada48.1→HIHawaii50.9→WYWyoming52.3→MTMontana52.9→AKAlaska53.9→

    New Mexico: common questions

    What is New Mexico's IEPA score?
    New Mexico scores 36.4 out of 100 on the IEPA US state layer, 2025 edition, which ranks it #48 of 51 US states.
    What is New Mexico's strongest zone?
    Entrepreneurship Capacity, at 60.7. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding New Mexico back?
    Its binding constraint is FDI Accelerator, at 21.3, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does New Mexico compare with its peers?
    The closest scored peers are Nevada (48.1), Hawaii (50.9), Wyoming (52.3), Montana (52.9), Alaska (53.9).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Explore the World index →Talk to IE about New Mexico →