Ingo Dörenberg | Istock | Getty Images
Louisiana Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 179 | 39 | 46 | D+ |
| WORKFORCE | 149 | 50 | 48 | F |
| ECONOMY | 120 | 47 | 45 | F |
| QUALITY OF LIFE | 100 | 43 | 48 | F |
| COST OF DOING BUSINESS | 193 | 8 | 7 | A- |
| TECHNOLOGY & INNOVATION | 99 | 37 | 45 | D |
| BUSINESS FRIENDLINESS | 118 | 35 | 37 | C- |
| EDUCATION | 65 | 20 | 30 | B |
| ACCESS TO CAPITAL | 27 | 38 | 32 | D |
| COST OF LIVING | 28 | 19 | 14 | C+ |
| OVERALL | 1078 | 47 | 49 |
Economic Profile
Governor: Jeff Landry, Republican
Population: 4,573,749
GDP growth (Q1 2024): -0.2%
Unemployment rate (May 2024): 4.1%
Top corporate tax rate: 7.5%
Top individual income tax rate: 4.25%
Gasoline tax: 38.41 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
