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South Dakota Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 173 | 47 | 43 | D- |
| INFRASTRUCTURE | 193 | 31 | 36 | C |
| ECONOMY | 181 | 28 | 12 | C- |
| LIFE, HEALTH & INCLUSION | 158 | 31 | 27 | D+ |
| COST OF DOING BUSINESS | 192 | 11 | 11 | A |
| TECHNOLOGY & INNOVATION | 93 | 42 | 36 | F |
| BUSINESS FRIENDLINESS | 138 | 2 | 8 | A- |
| EDUCATION | 70 | 27 | 39 | B |
| ACCESS TO CAPITAL | 19 | 37 | 10 | D+ |
| COST OF LIVING | 24 | 27 | 29 | C |
| OVERALL | 1241 | 34 | 22 |
Economic Profile
Governor: Kristi Noem, Republican
Population: 909,824
GDP growth (Q1 2023): 10.10%
Unemployment rate (May 2023): 1.90%
Top corporate tax rate: None
Top individual income tax rate: None
Gasoline tax: 48.40 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
