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Economy in Alaska

GDP, income, output and the industries that drive the economy.

Topics

Dive into each indicator for Alaska.

$70 B
GDP
48th in the U.S.
$94,700
GDP per capita
Top 10 in the U.S.
4.6%
Unemployment rate
2024
$52,900
Median annual wage
≈ 425,000 bbl/day
Crude oil production
4th–5th in the U.S.
0%
State income tax
None
0%
State sales tax
Local up to 7.5%
≈ $80 B
Permanent Fund
PFD paid to every resident
Oil & gas, government & defense, fishing, mining, air cargo, tourism
Leading sectors

Historical data

Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.

Median household income

19802023
$89,700 253%

Census/ACS, nominal dollars.

Gross domestic product

19802024
70 415%

BEA, current dollars.

Data table

GDP$70 B48th in the U.S.
GDP per capita$94,700Top 10 in the U.S.
Unemployment rate4.6%2024
Median annual wage$52,900
Crude oil production≈ 425,000 bbl/day4th–5th in the U.S.
State income tax0%None
State sales tax0%Local up to 7.5%
Permanent Fund≈ $80 BPFD paid to every resident
Leading sectorsOil & gas, government & defense, fishing, mining, air cargo, tourism

Compared to the United States

Coming soon

Side-by-side comparison of Alaska vs. the U.S. average.

National ranking

Coming soon

The national ranking against every other state will appear here as more states are published.