Scstock | Istock | Getty Images
Hawaii Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 188 | 40 | 19 | D |
| INFRASTRUCTURE | 154 | 43 | 39 | F |
| ECONOMY | 145 | 41 | 48 | D+ |
| LIFE, HEALTH & INCLUSION | 263 | 5 | 3 | B+ |
| COST OF DOING BUSINESS | 36 | 50 | 50 | F |
| TECHNOLOGY & INNOVATION | 105 | 39 | 40 | D |
| BUSINESS FRIENDLINESS | 74 | 36 | 35 | D |
| EDUCATION | 60 | 36 | 38 | C+ |
| ACCESS TO CAPITAL | 5 | 50 | 49 | F |
| COST OF LIVING | 2 | 50 | 50 | F |
| OVERALL | 1032 | 47 | 46 |
Economic Profile
Governor: Josh Green, Democrat
Population: 1,440,196
GDP growth (Q1 2023): 3.20%
Unemployment rate (May 2023): 3.10%
Top corporate tax rate: 6.40%
Top individual income tax rate: 11.00%
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
