Georgia Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 250 | 8 | 3 | B+ |
INFRASTRUCTURE | 274 | 1 | 11 | A+ |
ECONOMY | 296 | 4 | 7 | A- |
LIFE, HEALTH & INCLUSION | 137 | 39 | 39 | D |
COST OF DOING BUSINESS | 152 | 27 | 38 | B- |
TECHNOLOGY & INNOVATION | 166 | 19 | 12 | B- |
BUSINESS FRIENDLINESS | 80 | 35 | 32 | D+ |
EDUCATION | 72 | 21 | 10 | B |
ACCESS TO CAPITAL | 27 | 23 | 13 | C |
COST OF LIVING | 35 | 14 | 4 | B+ |
OVERALL | 1489 | 4 | 10 |
Economic Profile
Governor: Brian Kemp, RepublicanÂ
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, 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