Georgia Score and Ranking
CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
---|---|---|---|---|
WORKFORCE | 297 | 3 | 8 | A+ |
INFRASTRUCTURE | 233 | 11 | 6 | B+ |
COST OF DOING BUSINESS | 136 | 38 | 29 | C- |
ECONOMY | 253 | 7 | 6 | A- |
LIFE, HEALTH & INCLUSION | 111 | 39 | 45 | F |
TECHNOLOGY & INNOVATION | 162 | 12 | 22 | B+ |
BUSINESS FRIENDLINESS | 88 | 32 | 22 | D+ |
EDUCATION | 108 | 10 | 24 | B+ |
ACCESS TO CAPITAL | 30 | 13 | 10 | C+ |
COST OF LIVING | 47 | 4 | 8 | A- |
OVERALL | 1465 | 10 | 6 |
Economic Profile
Governor: Brian Kemp, Republican
Population: 10,799,566
GDP growth (Q1 2022): -0.6%
Unemployment rate (May 2022): 3%
Top corporate tax rate: 5.75%
Top individual income tax rate: 5.75%
Gasoline tax: 37.55 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence