Top States for Business 2024

4. Georgia

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Georgia Score and Ranking

CATEGORY 2024 SCORE 2024 RANK 2023 RANK 2024 GRADE
INFRASTRUCTURE28511A+
WORKFORCE26448B+
ECONOMY24474B
QUALITY OF LIFE1204039D-
COST OF DOING BUSINESS1622327B
TECHNOLOGY & INNOVATION1551819B
BUSINESS FRIENDLINESS1421935C+
EDUCATION74821A-
ACCESS TO CAPITAL521223B
COST OF LIVING291814B-
OVERALL152744

Economic Profile

Governor: Brian Kemp, Republican

Population: 11,029,227

GDP growth (Q1 2024): 2.3%

Unemployment rate (May 2024): 3.2%

Top corporate tax rate: 5.39%0

Top individual income tax rate: 5.5%

Gasoline tax: 55.95 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, Tax Foundation, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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