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North Dakota Score and Ranking
| CATEGORY | 2025 SCORE | 2025 RANK | 2024 RANK | 2025 GRADE |
|---|---|---|---|---|
| ECONOMY | 194 | 43 | 37 | D+ |
| INFRASTRUCTURE | 179 | 37 | 42 | D+ |
| WORKFORCE | 139 | 46 | 43 | D- |
| COST OF DOING BUSINESS | 172 | 17 | 21 | B |
| BUSINESS FRIENDLINESS | 218 | 1 | 1 | A+ |
| QUALITY OF LIFE | 171 | 7 | 20 | B |
| TECHNOLOGY & INNOVATION | 103 | 37 | 50 | D- |
| EDUCATION | 55 | 25 | 33 | C+ |
| ACCESS TO CAPITAL | 19 | 37 | 37 | D- |
| COST OF LIVING | 45 | 4 | 12 | B+ |
| OVERALL | 1295 | 25 | 34 |
Economic Profile
Governor: Kelly Armstrong, Republican
Population: 796,568
GDP growth (Q1 2025): -1.7%
Unemployment rate (May 2025): 2.5%
Top corporate tax rate: 4.31%
Top individual income tax rate: 2.5%
Gasoline tax: 41.43 cents/gallon
Bond rating (Moody's/S&P): Aa1, 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, Energy Information Administration (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
