Top States for Business

4. Georgia

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Georgia Score and Ranking

CATEGORY 2023 SCORE 2023 RANK 2022 RANK 2023 GRADE
WORKFORCE25083B+
INFRASTRUCTURE274111A+
ECONOMY29647A-
LIFE, HEALTH & INCLUSION1373939D
COST OF DOING BUSINESS1522738B-
TECHNOLOGY & INNOVATION1661912B-
BUSINESS FRIENDLINESS803532D+
EDUCATION722110B
ACCESS TO CAPITAL272313C
COST OF LIVING35144B+
OVERALL1489410

Economic Profile

Governor: Brian Kemp, Republican 

Population: 10,912,876

GDP growth (Q1 2023): 2.40%

Unemployment rate (May 2023): 3.20%

Top corporate tax rate: 5.75%

Top individual income tax rate: 5.75%

Gasoline tax: 55.95 cents/gallon

Bond rating (Moody's/S&P): Aaa, Stable/AAA, 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence