Oklahoma Score and Ranking
CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
---|---|---|---|---|
WORKFORCE | 202 | 35 | 32 | C- |
INFRASTRUCTURE | 194 | 26 | 34 | C |
COST OF DOING BUSINESS | 251 | 2 | 1 | A+ |
ECONOMY | 145 | 34 | 40 | D+ |
LIFE, HEALTH & INCLUSION | 79 | 48 | 36 | F |
TECHNOLOGY & INNOVATION | 116 | 30 | 45 | C- |
BUSINESS FRIENDLINESS | 129 | 14 | 18 | B |
EDUCATION | 50 | 47 | 50 | F |
ACCESS TO CAPITAL | 26 | 22 | 27 | C- |
COST OF LIVING | 37 | 14 | 3 | A+ |
OVERALL | 1229 | 38 | 32 |
Economic Profile
Governor: Kevin Stitt, Republican
Population: 3,986,639
GDP growth (Q1 2022): -3.7%
Unemployment rate (May 2022): 2.8%
Top corporate tax rate: 4%
Top individual income tax rate: 4.75%
Gasoline tax: 20 cents/gallon
Bond rating (Moody's/S&P): Aa2, stable/AA, stable
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