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)
1997–2025BEA, chained 2017 dollars (FRED LARGSP).
| Indicator | Louisiana | U.S. |
|---|---|---|
| GDP (USD B) | 296 | 29200 |
- •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
1998–2025Annual % change in BEA real GDP (LARGSP).
| Indicator | Louisiana | U.S. |
|---|---|---|
| GDP growth (%) | 1.5 | 2.5 |
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
1970–2025BEA, current dollars (FRED LAPCPI).
| Indicator | Louisiana | U.S. |
|---|---|---|
| Per capita income (USD) | 56000 | 65423 |
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)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSLAA646N).
| Indicator | Louisiana | U.S. |
|---|---|---|
| Median household income (USD) | 57852 | 77719 |
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)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAALA22000A156NCEN).
| Indicator | Louisiana | U.S. |
|---|---|---|
| Poverty rate (%) | 18.9 | 11.5 |
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
2007–2025BLS CPI-U all items, South region, annual average change (CUUR0300SA0).
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
| Indicator | Louisiana | U.S. |
|---|---|---|
| Inflation rate (%) | 4 | 4.1 |
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)
1997–2025BEA, current dollars (FRED LANGSP).
| Indicator | Louisiana | U.S. |
|---|---|---|
| GDP (USD B) | 296 | 29200 |
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
1990–2025BLS Current Employment Statistics, annual average (FRED LAGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED LAMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED LACONS).
