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Louisiana Score and Ranking
| CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2022 GRADEÂ |
|---|---|---|---|---|
| WORKFORCE | 178 | 42 | 25 | D |
| INFRASTRUCTURE | 133 | 48 | 40 | F |
| COST OF DOING BUSINESS | 236 | 5 | 3 | A |
| ECONOMY | 106 | 45 | 50 | F |
| LIFE & HEALTH | 97 | 45 | 42 | F |
| TECHNOLOGY & INNOVATION | 83 | 45 | 47 | F |
| BUSINESS FRIENDLINESS | 67 | 41 | 45 | F |
| EDUCATION | 76 | 35 | 40 | C- |
| ACCESS TO CAPITAL | 20 | 37 | 23 | D |
| COST OF LIVING | 35 | 16 | 17 | B |
| OVERALL | 1031 | 48 | 44 |
Economic Profile
Governor: John Bel Edwards, Democrat
Population: 4,624,047
GDP growth (Q1 2022): -4.3%
Unemployment rate (May 2022): 4%
Top corporate tax rate: 7.5%
Top individual income tax rate: 4.25%
Gasoline tax: 20.01 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
