Little Rock, Arkansas, USA skyline on the river at twilight.
Sean Pavone | Istock | Getty Images
Arkansas Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 206 | 31 | 38 | C- |
| INFRASTRUCTURE | 141 | 46 | 30 | F |
| ECONOMY | 225 | 14 | 24 | B- |
| LIFE, HEALTH & INCLUSION | 118 | 42 | 37 | D- |
| COST OF DOING BUSINESS | 185 | 15 | 13 | B+ |
| TECHNOLOGY & INNOVATION | 73 | 49 | 40 | F |
| BUSINESS FRIENDLINESS | 59 | 44 | 29 | F |
| EDUCATION | 55 | 42 | 37 | C |
| ACCESS TO CAPITAL | 28 | 20 | 20 | C+ |
| COST OF LIVING | 36 | 12 | 10 | B+ |
| OVERALL | 1126 | 44 | 41 |
Economic Profile
Governor: Sarah Huckabee Sanders, Republican
Population: 3,045,637
GDP growth (Q1 2023): 0.20%
Unemployment rate (May 2023): 2.70%
Top corporate tax rate: 5.10%
Top individual income tax rate: 4.90%
Gasoline tax: 43.20 cents/gallon
Bond rating (Moody's/S&P): Aa1, Stable/AA, StableÂ
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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
