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19. Alabama

19. Alabama

CNBC10-07-2025
Governor: Kay Ivey, Republican
Population: 5,157,699
GDP growth (Q1 2025): 1%
Unemployment rate (May 2025): 3.3%
Top corporate tax rate: 6.5%
Top individual income tax rate: 5%
Gasoline tax: 49 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
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