Is there a classification of finite commutative rings available? If not, what are the best structure theorem that are known at present? All I know is a result that every finite commutative ring is a direct product of local commutative rings (this is correct, right?) in some paper which computes the size of the general linear group over that ring.

6$\begingroup$ I'd guess you know this already, but Wedderburn's little theorem provides a nice dichotomy (every finite commutative ring is either a field or has zero divisors) although it's far from a complete structure theorem. $\endgroup$– Harrison BrownNov 29, 2009 at 19:32

$\begingroup$ Some progress has been made: doi.org/10.2140/involve.2023.16.151 $\endgroup$– ThrashJun 18 at 21:22
4 Answers
Yes, a finite ring $R$ is a finite direct sum of local finite rings. As a first step, for each prime $p$ there is a subring $R_p$ of $R$ corresponding to the elements annihilated by the powers of $p$. $\require{enclose} \enclose{horizontalstrike}{R_p\ \style{fontfamily:inherit;}{\text{is then an}}\hspace{7mm}}$ $\enclose{horizontalstrike}{\style{fontfamily:inherit;}{\text{algebra over}}\ \mathbb{Z}/p.}$ $R_p$ then resembles an algebra over $\mathbb{Z}/p$ and it could be one, but it can also have a more complicated structure as an abelian $p$group (see below). This step generalizes to maximal ideals: For each maximal ideal $m$, $R_m$ is the subring of elements annihilated by $m^n$ for some $n$, and $R$ is the direct sum of these subrings, which are local rings.
It is not difficult to write down a rough partial classification of of local finite rings. If $R$ is local with maximal ideal $m$, it is resembles an algebra over the finite field $F = R/m$; the associated graded ring is such an algebra. If you choose a basis $x_1,\ldots,x_n$ for $m/m^2$, then $R$ or its associated graded is a quotient of the polynomial ring $F[\vec{x}]$ in which only finitely many monomials are nonzero. You can make a diagram of these nonzero monomials; they can be any order ideal in the $n$dimensional orthant. Or, in basisindependent form, $R$ has a length, which is the largest nonvanishing power of $m$, and each $m^k/m^{k+1}$ is some quotient of the $k$th symmetric power of the generating vector space $V = m/m^2$.
After that, the nonzero monomials may be linearly dependent (and never mind that $R$ might be more complicated than its associated graded). Informally, there will be an endless stream of partial results and there will never be a complete classification when the length of the local ring is 3 or more. To see this, suppose that $m^4 = 0$, and suppose that $m^3$ is only one dimension shy of $S^3(V)$. Then the ring is defined by an arbitrary symmetric trilinear form in $V$. These make a "wild" sequence of algebraic varieties, in the same sense that people say that the representation theories of certain rings are wild. For instance, I think (not quite sure) that it is NPhard to determine when two such trilinear forms are equivalent. NPhardness is not by itself rigorously equivalent to no classification, but informally the classification is an intractable mess.
If the nonvanishing monomials in $R$ are linearly independent, then it is a toric local ring. Toric local rings are certainly a tractable class of finite rings.
The situation is similar to noncommutative $p$groups, which are also wild and will never be classified. In both cases, certain classes have a nice structure. It is also interesting to make estimates for how many there are.
Note: Corrected per comment.

3$\begingroup$ These two assertions: "R_p is then an algebra over Z/p." and "If R is local with maximal ideal m, it is an algebra over the finite field F=R/m."  are obviously wrong, as applied to finite rings, in general. Take R = R_p = R_m = Z/p^nZ, n>1. $\endgroup$ Nov 29, 2009 at 18:23

$\begingroup$ Oh blech, I forgot all about nonsplit extensions. Thank you for that correction. $\endgroup$ Nov 29, 2009 at 18:53
This is a very interesting question related to the Hilbert scheme $Hilb^n(\mathbb A^d)$ classifying $n$ points in affine space $\mathbb A^d$. I don't think there is a classification but there is an estimate for the number of commutative rings of order $\leq N$. It is
$$exp[\frac{2}{27} \frac{log(N)^3}{(log 2)^2} \; +O(log(N)^{\frac {8}{3}})] \quad for N\to \infty $$
The proof of this result due to Bjorn Poonen and of many related interesting theorems is in his article
You will also find astonishing conjectures in the article like:
The fraction of local rings of order $\leq N$ among all commutative rings $A$ of order $\leq N$ tends to 1. Same limit 1 for the fraction of rings "of characteristic 8" in the sense that $8 . 1_A =0$ but $4 .1 _A \neq 0$.
The characterization of Artinian rings is relevant of course. See also the book "Finite commutative rings and their applications" and this web page.
As always one should check out the OEIS for questions of this type. In this case see http://oeis.org/A027623

4$\begingroup$ Rather see oeis.org/A037289 which is specific to commutative rings. $\endgroup$– CharlesJul 10, 2012 at 13:38

3$\begingroup$ Or even see oeis.org/A127707 which is specific to commutative unital rings. $\endgroup$– WatsonApr 28, 2021 at 17:43