Louisiana

 

The population of Louisiana in 2011 was 4,574,836.

PER CAPITA PERSONAL INCOME

In 2011 Louisiana had a per capita personal income (PCPI) of $38,549. This PCPI was 93 percent of the national average, $41,560. The 2011 PCPI reflected an increase of 3.9 percent from 2010. The 2010-2011 national change was 4.4 percent. In 2001 the PCPI of Louisiana was $25,275. The 2001-2011 compound annual growth rate of PCPI was 4.3 percent. The compound annual growth rate for the nation was 2.9 percent.
 
Per Capita Personal Income, 2011
Per Capita Income as a Percent of the United States

TOTAL PERSONAL INCOME

CAGR: compound annual growth rate
 2010-11 percent change2001-2011 CAGR
Louisiana 4.5 % 4.5 %
U.S. 5.2 % 3.8 %

In 2011 Louisiana had a total personal income (TPI) of $176,356,255*. In 2001 the TPI of Louisiana was $113,178,055*.

*Note: Total personal income estimates are in thousands of dollars, not adjusted for inflation.

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.
 
Percent Contribution to Total Personal Income
Louisiana United States

 

 

2001

 

 

2011
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2010-2011 percent change
  Louisiana U.S.
Net earnings 4.8 % 5.7 %
Dividends, interest, and rent 7.5 % 7.5 %
Personal current transfer receipts 1.6 % 1.5 %
 
2001-2011 compound annual growth rate
  Louisiana U.S.
Net earnings 4.3 % 3.4 %
Dividends, interest, and rent 4.2 % 2.9 %
Personal current transfer receipts 5.5 % 6.9 %

GROSS DOMESTIC PRODUCT (GDP) BY STATE

In 2011, Louisiana current-dollar GDP was $237.4 billion and ranked 23rd in the United States. In 2001, Louisiana GDP was $137.8 billion and ranked 24th in the United States.

In 2011, Louisiana real GDP contracted 2.6 percent; the 2010-2011 national change was 1.6 percent. The 2001-2011 compound annual growth rate for Louisiana real GDP was 1.3 percent; the compound annual growth rate for the nation was 1.4 percent.

In 2011, labor (compensation of employees) accounted for 45.7 percent of Louisiana GDP, and capital (gross operating surplus) accounted for 48.2 percent.* In 2001, labor accounted for 51.8 percent, and capital accounted for 40.7 percent.

GDP BY STATE FOR INDUSTRIES

In 2011, the largest industry in Louisiana was nondurable goods manufacturing. This industry accounted for 18.6 percent of Louisiana GDP and had a 15.2 percent real decline. The second largest industry was mining, which accounted for 11.0 percent of Louisiana GDP and had a 6.0 percent real decline.

The industry that subtracted the most from real GDP growth in Louisiana was nondurable goods manufacturing. This industry subtracted 3.04 percentage points from the growth rate of real GDP. The second largest industry to subtract from growth was mining. This industry subtracted 0.67 percentage point from the growth rate of real GDP.*

*Note: 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, 2011
    Mining     Nondurable goods manufacturing     Real estate and rental and leasing
    Health care and social assistance     Government     All others
Louisiana
United States

*The sum of labor and capital is less than 100 percent because the net return to government (taxes on production and imports less subsidies) is not shown.