The Aloha State is a welcoming and healthy place. But the high costs can keep people away.
Hawaii Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 65 | 50 | 49 | F |
| Infrastructure | 162 | 39 | 49 | D+ |
| Life, Health & Inclusion | 284 | 2 | -- | A- |
| Workforce | 194 | 18 | 46 | C+ |
| Economy | 51 | 49 | 47 | F |
| Business Friendliness | 84 | 36 | 42 | C- |
| Access to Capital | 41 | 41 | 44 | F |
| Technology & Innovation | 54 | 41 | 40 | F |
| Education | 74 | 31 | 26 | C- |
| Cost of Living | 2 | 50 | 50 | F |
| Overall | 1011 | 49 | 49 | -- |
Economic Profile
Governor: David Ige, Democrat
Population: 1,407,006
GDP growth (Q1 2021): 4.5%
Unemployment rate (May 2021): 8.1%
Top corporate tax rate: 6.4%
Top individual income tax rate: 11%
Gasoline tax: 46.84 cents/gallon
Bond rating: (Moody's/S&P): Aa2, stable/AA+, negative
Major private employers: Bank of Hawaii, Corp., Hawaiian Electric Industries Inc.
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 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
