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Hawaii Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 150 | 47 | 43 | D- |
| WORKFORCE | 187 | 32 | 40 | D |
| ECONOMY | 117 | 49 | 41 | F |
| QUALITY OF LIFE | 222 | 7 | 5 | B+ |
| COST OF DOING BUSINESS | 41 | 50 | 50 | F |
| TECHNOLOGY & INNOVATION | 68 | 45 | 39 | F |
| BUSINESS FRIENDLINESS | 88 | 42 | 36 | D |
| EDUCATION | 50 | 41 | 36 | C |
| ACCESS TO CAPITAL | 14 | 48 | 50 | F |
| COST OF LIVING | 5 | 48 | 50 | F |
| OVERALL | 942 | 50 | 47 |
Economic Profile
Governor: Josh Green, Democrat
Population: 1,435,138
GDP growth (Q1 2024): 1.9%
Unemployment rate (May 2024): 3%
Top corporate tax rate: 6.4%
Top individual income tax rate: 11%
Gasoline tax: 70.09 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
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