Oklahoma Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 193 | 36 | 35 | D+ |
INFRASTRUCTURE | 214 | 20 | 26 | B- |
ECONOMY | 172 | 30 | 34 | C- |
LIFE, HEALTH & INCLUSION | 75 | 49 | 48 | F |
COST OF DOING BUSINESS | 220 | 3 | 2 | A+ |
TECHNOLOGY & INNOVATION | 110 | 38 | 30 | D |
BUSINESS FRIENDLINESS | 101 | 21 | 14 | C+ |
EDUCATION | 39 | 48 | 47 | D- |
ACCESS TO CAPITAL | 26 | 25 | 22 | C |
COST OF LIVING | 44 | 5 | 14 | A+ |
OVERALL | 1194 | 41 | 38 |
Economic Profile
Governor: Kevin Stitt, Republican
Population: 4,019,800
GDP growth (Q1 2023): 2.50%
Unemployment rate (May 2023): 2.80%
Top corporate tax rate: 4.0%
Top individual income tax rate: 4.75%
Gasoline tax: 38.40 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence