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Washington State

Report Card

Key data points on the health and trends of Washington State.

TAXES & BUSINESS CLIMATE

Business Tax Rating
State Tax Ratings

2014

6

2025

45

- 39

decrease in tax rating.

Source:

The Tax Foundation

State Operating Budget
Wa. State Budget (billions)

2013-2015

$33.6 B

2025-27

$77.8 B

48.6%

increase in state budget.*

*After adjusting for population and inflation.

Source:

Office of Financial Management

Business Failure Rate
Rate of Failure Over 10 Years

Nat. Avg.

65.1%

Wash. State

67.8%

8th

highest failure rate in U.S.

Source:

BLS/Lending Tree

Mark Harmsworth
Mark Harmsworth
Director, Small Business Center

EMAIL

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