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Alabama

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Overall Rank

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43

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 14 parameters and 4 Pillars

4 Pillars National Ranking

Economic Scale & Vitality
Innovation & Enterprise
Human Capital & Living
Structural & Policy
45
38
38
37

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
27
34
48

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
38
34
39

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
47
48
2
26

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
37
25
10
47

STATE PERFORMANCE GAUGE CHARTS



US STATES ECONOMIC & INNOVATION COMPETITIVENESS

An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.

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Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.

The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens

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COMPETITIVENESS SWOT

Alabama

Strengths

• Low cost of living (#2)• Strong manufacturing base (#10; automotive, aerospace/defense, natural resources)• Strategic trade access via Port of Mobile

Weaknesses

• Lagging human capital and educational attainment (#47)• Low disposable income per capita (#48) and low labor force participation (56.8%)• Healthcare access and state infrastructure vulnerabilities (#47)

Opportunities

• Expansion of the regional technology sector and workforce development• Increased international trade leverage via port infrastructure investments• Sustainable growth in eco-tourism and industrial manufacturing

Threats

• Macroeconomic downturns impacting manufacturing demand• Severe weather events and climate vulnerabilities along coastal areas• Persistent skill gaps hindering high-tech business recruitment

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
27
$339.0B
1.10%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
34
-$10,964
$15,137
$1,639,475
0.92%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$26,101
$2,415,187
1.08%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
48
18
3.5
24
2,219.00
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
1
21.6
56.80%

Innovation & Enterprise

R&D

R&D Overall Rank
R&D spend as a % of GDP
Patents Awarded per 1K S&E Occ
Bus Perf R&D (% Output)
38
2.92%
3.95
2.02%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
34
2
$17.5B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
39
$9
$124
$1,771

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
47
36
44th
31st
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
11.80%
18.00%
9.70%
29.90%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
48
$53,729
55.6%
3.8%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
2
86
95
69
94
91
85

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
26
3337.655
113.71
$339.0B
2.98

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
37
16
35
48
18
19

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
25
9
86.40%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
10
2,219.00
283.6
1.69%
$49.5B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
12.78%
2.26%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
47
44
44

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265 Garnet Dr 

Livermore, CA 94550

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