The Last Frontier stakes out new territory when it comes to costs, finishing last overall in this year's rankings.
Alaska Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 82 | 48 | 48 | F |
| Infrastructure | 137 | 49 | 46 | D- |
| Life, Health & Inclusion | 216 | 19 | — | C+ |
| Workforce | 179 | 27 | 27 | C |
| Economy | 66 | 47 | 38 | F |
| Business Friendliness | 128 | 16 | 20 | B |
| Access to Capital | 34 | 46 | 50 | F |
| Technology & Innovation | 58 | 39 | 41 | D- |
| Education | 49 | 47 | 49 | F |
| Cost of Living | 9 | 45 | 44 | F |
| Overall | 958 | 50 | 47 | — |
Economic Profile
Governor: Mike Dunleavy, Republican
Population: 731,158
GDP growth (Q1 2021): 5.4%
Unemployment rate (May 2021): 6.7%
Top corporate tax rate: 9.4%
Top individual income tax rate: None
Gasoline tax: 13.79 cents/gallon
Bond rating: (Moody's/S&P): Aa3, stable/AA-, stable
Major private employers: Providence Health & Services, General Communication
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cents/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
