Personal income last published on March 25, 2015.
Personal Income for Louisiana
The population of Louisiana in 2014 was 4,649,676. Its rank was 25th in the nation.
Per Capita Personal Income
In 2014, Louisiana had a per capita personal income (PCPI) of $42,287. This PCPI ranked 30th in the United States and was 92 percent of the national average, $46,129. The 2014 PCPI reflected an increase of 2.6 percent from 2013. The 2013-2014 national change was 3.0 percent. In 2004, the PCPI of Louisiana was $27,552 and ranked 45th in the United States. The 2004-2014 compound annual growth rate of PCPI was 4.4 percent. The compound annual growth rate for the nation was 3.0 percent.
Per Capita Personal Income, 2014
Per Capita Income as a Percent of the United States
Total Personal Income
In 2014, Louisiana had a total personal income (TPI) of $196,621,379*. This TPI ranked 24th in the United States . In 2004, the TPI of Louisiana was $125,423,599* and ranked 25th in the United States.
*Total personal income estimates are in thousands of dollars, not adjusted for inflation.
|2013-2014 percent change||2004-2014 CAGR|
|Louisiana||3.2 %||4.6 %|
|U.S.||3.9 %||3.9 %|
|CAGR: compound annual growth rate|
Components of Total Personal Income
Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Louisiana.
2013-2014 percent change
|Net earnings||3.7 %||4.0 %|
|Dividends, interest, and rent||2.8 %||3.4 %|
|Personal current transfer receipts||1.8 %||4.5 %|
|Net earnings||4.2 %||3.2 %|
|Dividends, interest, and rent||6.4 %||4.6 %|
|Personal current transfer receipts||4.7 %||5.9 %|
|CAGR: compound annual growth rate|
Percent Contribution to Total Personal Income
|Net earnings by place of residence|
|Dividends, interest, and rent|
|Personal current transfer receipts|
GDP last published on June 10, 2015.
GDP for Louisiana
Gross Domestic Product (GDP) by State
In 2014, Louisiana current-dollar GDP was $251.4 billion and ranked 24th in the United States. In 2004, Louisiana GDP was $172.6 billion and ranked 24th in the United States.
In 2014, Louisiana real GDP grew 1.9 percent; the 2013-2014 national change was 2.2 percent. The 2004-2014 compound annual growth rate for Louisiana real GDP was 0.6 percent; the compound annual growth rate for the nation was 1.4 percent.
GDP by State for Industries
In 2014, the largest industry in Louisiana was nondurable goods manufacturing manufacturing. This industry accounted for 17.8 percent of Louisiana GDP and had 12.2 percent real growth. The second largest industry was finance, insurance, real estate, rental, and leasing, which accounted for 13.3 percent of Louisiana GDP and had a 0.7 percent real decline.
The largest contributor to real GDP growth in Louisiana was nondurable goods manufacturing. This industry accounted for 2.08 percentage points of the total growth in real GDP. The second largest contributor was educational services, health care, and social assistance. This industry accounted for 0.28 percentage point of the total growth in real GDP.*
* The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because growing and declining industries offset one another.
Top Five State Industries as a percent of Total GDP, 2014
|Mining||Professional and business services|
|Nondurable goods manufacturing manufacturing||Government|
|Finance, insurance, real estate, rental, and leasing||All others|