Economy in Louisiana

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

Real GDP (chained 2017 dollars)
$263,890,000,000
2025 · BEA
Real GDP growth
1.5%
2025 · Annual % change in BEA real GDP
Per capita personal income
$64,103
2025 · BEA
Median household income (CPS)
$60,670
2025 · Census CPS ASEC
Poverty rate, all ages (SAIPE)
18.6%
2024 · Census Small Area Income and Poverty Estimates
CPI inflation, South region
2.2%
2025 · BLS CPI-U all items
Nominal GDP (current dollars)
$342,321,000,000
2025 · BEA
Government jobs
325,125
2025 · BLS Current Employment Statistics

GDP

Louisiana's GDP reached about $296 billion in 2024, ranking 26th in the U.S., driven by oil and gas, petrochemicals and maritime trade.

Real GDP (chained 2017 dollars)
$263,890,000,000
2025 · BEA
Rank
26th in the U.S.
GDP per capita
$64,800

Real GDP (chained 2017 dollars)

1997–2025
$263,890,000,000▲ 30%

BEA, chained 2017 dollars (FRED LARGSP).

IndicatorLouisianaU.S.
GDP (USD B)29629200
  • •The Port of South Louisiana is the largest port in the U.S. by tonnage.

GDP Growth

Louisiana's GDP growth has lagged the national average in recent years, weighed down by hurricane recovery costs and oil-price volatility.

Real GDP growth
1.5%
2025 · Annual % change in BEA real GDP

Real GDP growth

1998–2025
1.5%

Annual % change in BEA real GDP (LARGSP).

IndicatorLouisianaU.S.
GDP growth (%)1.52.5

Personal Income

Louisiana's per capita personal income trails the national figure, reflecting a lower-wage economy despite high-paying energy jobs.

Per capita personal income
$64,103
2025 · BEA

Per capita personal income

1970–2025
$64,103▲ 1906%

BEA, current dollars (FRED LAPCPI).

IndicatorLouisianaU.S.
Per capita income (USD)5600065423

Median Household Income

Louisiana's median household income is $57,852, among the lowest in the nation, ranking 48th among U.S. states.

Median household income (CPS)
$60,670
2025 · Census CPS ASEC
Median household income
$57,852
Rank
48th in the U.S.

Median household income (CPS)

1984–2025
$60,670▲ 220%

Census CPS ASEC, current dollars (FRED MEHOINUSLAA646N).

IndicatorLouisianaU.S.
Median household income (USD)5785277719

Poverty Rate

Louisiana's poverty rate is 18.9%, the 2nd highest in the nation, reflecting deep economic disparities, especially in rural parishes and parts of New Orleans.

Poverty rate, all ages (SAIPE)
18.6%
2024 · Census Small Area Income and Poverty Estimates
Poverty rate
18.9%
Rank
2nd highest in the U.S.

Poverty rate, all ages (SAIPE)

1989–2024
18.6%

Census Small Area Income and Poverty Estimates (FRED PPAALA22000A156NCEN).

IndicatorLouisianaU.S.
Poverty rate (%)18.911.5

Inflation

Louisiana's inflation trends have generally tracked the national CPI, though volatile gasoline and insurance costs have caused sharper local swings.

CPI inflation, South region
2.2%
2025 · BLS CPI-U all items
CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average

CPI inflation, South region

2007–2025
2.2%

BLS CPI-U all items, South region, annual average change (CUUR0300SA0).

CPI inflation, U.S.

2007–2024
2.9%

BLS CPI-U U.S. city average, annual average change (CPIAUCNS).

IndicatorLouisianaU.S.
Inflation rate (%)44.1

Economic Output

Louisiana's economic output is concentrated in energy and chemicals, with the Baton Rouge-New Orleans industrial corridor generating a large share of statewide GDP.

Nominal GDP (current dollars)
$342,321,000,000
2025 · BEA
Oil refining capacity rank
2nd in the U.S.

Nominal GDP (current dollars)

1997–2025
$342,321,000,000▲ 194%

BEA, current dollars (FRED LANGSP).

IndicatorLouisianaU.S.
GDP (USD B)29629200

Industry Breakdown

Louisiana's economy is anchored by oil and gas extraction, petrochemical refining along the Mississippi corridor, maritime shipping and a large tourism sector centered on New Orleans.

Government jobs
325,125
2025 · BLS Current Employment Statistics
Manufacturing jobs
140,717
2025 · BLS Current Employment Statistics
Construction jobs
138,050
2025 · BLS Current Employment Statistics
Leading sectors
Oil & gas, petrochemicals, shipping, tourism

Government jobs

1990–2025
325,125▼ 1%

BLS Current Employment Statistics, annual average (FRED LAGOVT).

Manufacturing jobs

1990–2025
140,717▼ 20%

BLS Current Employment Statistics, annual average (FRED LAMFG).

Construction jobs

1990–2025
138,050▲ 44%

BLS Current Employment Statistics, annual average (FRED LACONS).

More figures

GDP
$296 B
26th in the U.S.
GDP per capita
$64,800
Unemployment rate
4.2%
2024
Median annual wage
$44,900
Leading sectors
Oil & gas, petrochemicals, shipping & tourism
Poverty rate
18.9%
2nd highest in the U.S.