US State economic profile

Georgia - Economic Profile

Statistics, economic information and rankings for the Peach State

IW
IBISWorld Research Department
Analyst United States

In 2026, the state of Georgia has a population of 11,421,152, having grown an annualized 1.1% over the five years to 2026, which ranks it 11th out of all 50 US states by growth rate. Georgia's gross state product (GSP) in 2026 reached $717.4b, with growth of 2.2% over the 5 years to 2026. Businesses in Georgia employed a total of 5,436,319 people in 2026, with average annual employment growth over the past five years of 1.9%. The top three sectors by total employment are Real Estate & Rental & Leasing, Professional, Scientific & Technical Services, Manufacturing, while the unemployment rate across the state in 2026 was 4.2%.

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State economic profile

Georgia Economic Overview

$717.4b

Gross state product

11,421,152

Population

1,145,387

Businesses

What is Georgia's Gross Domestic Product (GDP)?

In 2026, Georgia's GDP reached $717.4b, representing an increase of 2.2% from 2025. Georgia's GDP has grown at an annualized rate of 1.8% over the five years to 2026. Moreover, Georgia's trailing five-year GDP growth ranks it 21st out of all 50 US states.

State GDP, or Gross State Product, is a measurement of a state's output, or the sum of value added from all industries in the state. It is a common indicator used to track the health of a state's economy.

You can track trends in Georgia's GDP, and compare them to the national average, using the chart below.

State economic profile

Georgia Industry Trends

Learn about current trends affecting the most significant industries for Georgia's state economy, down to the county level. IBISWorld offers state industry research reports on over 30,000 industries across all 50 states in the US, including 639 industries in Georgia.

What are Georgia's Largest Industries by Revenue?

The largest industries by revenue in Georgia are Automobile Wholesaling, Drug, Cosmetic & Toiletry Wholesaling and Property, Casualty and Direct Insurance, which generated $70.2b, $50.3b and $43.0b in 2026.

Largest industries in Georgia by revenue in 2026
Industry 2026 revenue
1. Automobile Wholesaling $70.2b
2. Drug, Cosmetic & Toiletry Wholesaling $50.3b
3. Property, Casualty and Direct Insurance $43.0b
4. New Car Dealers $41.8b
5. Hospitals $41.5b
6. Commercial Banking $35.9b
7. Supermarkets & Grocery Stores $30.5b
8. Public Schools $29.3b
9. IT Consulting $28.9b
10. Health & Medical Insurance $28.0b

State economic profile

Top Companies in Georgia

Learn about current trends affecting the top companies in Georgia. IBISWorld offers benchmarking data and tools on over 5,000 companies in the US.

Top 10 Companies Headquartered in Georgia by Employment

The largest companies by employment in Georgia are Georgia State Government, Walmart and Delta Air Lines, which employed 71,000, 64,559 and 42,300 people in 2026.

Largest employers headquartered in Georgia in 2026
Company 2026 employment Share of employment
1. Georgia State Government 71,000 1.3%
2. Walmart 64,559 1.2%
3. Delta Air Lines 42,300 0.8%
4. Emory University 37,716 0.7%
5. Amazon.Com 30,000 0.6%
6. Kroger 25,669 0.5%
7. Home Depot, inc. 19,734 0.4%
8. United States Postal Service 19,225 0.4%
9. Department Of Defense 15,259 0.3%
10. Gwinnett County School System 12,500 0.2%

State economic profile

Georgia Sector Statistics

In Georgia, certain sectors drive a higher share of state GDP and employ more workers than others. However, simply looking at raw numbers doesn't always tell the whole story. Factoring in the current year growth percentage, in addition to the annualized growth percentage over the past five years, will give you a deeper understanding of the economic situation.

What is Georgia's GDP by Sector?

The Real Estate & Rental & Leasing, Professional, Scientific & Technical Services and Manufacturing sectors contributed the most to Georgia's GDP in 2026, representing a combined 37.1% of state GDP.

GDP trends by sector are an important indicator of which sectors are contributing the most value-add to the state economy, in addition to how the state economy is evolving over time.

Georgia GDP by sector
Sector GDP Growth 2026 Annualized growth 2021-26
Real Estate & Rental & Leasing 107,220,428,949 3.5% 4.1%
Professional, Scientific & Technical Services 72,035,988,109 7.6% 8.1%
Manufacturing 70,589,903,643 2.1% 2.1%
Information 59,950,075,066 2.0% 1.1%
Healthcare & Social Assistance 56,945,955,029 6.2% 6.5%
Retail Trade 45,380,621,532 4.9% 4.3%
Finance & Insurance 44,671,057,690 -1.5% -2.3%
Wholesale Trade 41,335,866,424 -1.2% -1.3%
Transportation & Warehousing 32,554,919,669 5.6% 6.3%
Administration, Business Support and Waste Management Services 28,532,892,743 3.2% 3.4%
Construction 28,091,719,034 -0.9% -1.6%
Management of Companies and Enterprises 22,472,353,933 6.1% 7.5%
Accommodation & Food Services 21,758,930,836 5.4% 5.7%
Utilities 12,371,785,291 2.7% 2.8%
Other Services (except Public Administration) 10,384,175,121 -0.8% 0.2%
Educational Services 8,197,774,852 3.9% 4.6%
Arts, Entertainment & Recreation 5,805,869,058 9.3% 10.6%
Agriculture, Forestry, Fishing & Hunting 3,415,855,817 -1.8% -0.2%
Mining 1,225,323,936 -3.9% -5.9%

What is Georgia's Employment by Sector?

The Retail Trade, Healthcare & Social Assistance and Administration, Business Support and Waste Management Services sectors contributed the most to employment in Georgia in 2026, representing a combined 33.4% of state employment.

Employment trends by sector are an important indicator of which sectors are growing or contracting most rapidly relative to the state economy as a whole.

Georgia employment by sector
Sector Employment Growth 2026 Annualized growth 2021-26
Retail Trade 664,612 1.6% 2.4%
Healthcare & Social Assistance 651,241 2.2% 2.9%
Administration, Business Support and Waste Management Services 497,876 1.5% 1.4%
Professional, Scientific & Technical Services 491,425 2.3% 2.8%
Accommodation & Food Services 483,083 1.4% 4.1%
Manufacturing 408,498 0.4% 1.1%
Transportation & Warehousing 388,421 3.7% 4.6%
Educational Services 362,436 0.7% 2.4%
Construction 289,097 1.9% 2.3%
Finance & Insurance 245,934 1.4% 1.5%
Other Services (except Public Administration) 219,383 1.8% 3.1%
Wholesale Trade 217,738 0.9% 1.3%
Information 200,433 3.5% 5.1%
Real Estate & Rental & Leasing 170,655 1.2% 1.6%
Arts, Entertainment & Recreation 90,078 1.8% 4.6%
Utilities 33,042 0.9% 0.9%
Agriculture, Forestry, Fishing & Hunting 16,453 1.1% -0.3%
Mining 5,914 1.8% 2.8%

State economic profile

Georgia Employment Trends

5.4m

Employment

4.2%

Unemployment

What Employment Trends are Impacting Georgia?

The state of Georgia employs 5,436,319 people in 2026, which ranks it 8th out of all 50 US states. Employment in Georgia has grown at an annualized rate of 2.6% over the five years to 2026, overperforming the national average of 1.7%. Major sectors by employment in Georgia include Retail Trade, Healthcare & Social Assistance and Administration, Business Support and Waste Management Services, which employed 664,612, 651,241 and 497,876 people in 2026, respectively. Georgia's unemployment rate is 4.2% in 2026, which ranks it 23rd out of all 50 US states. Georgia's unemployment rate has trended upwards at a rate of 1.2% over the five years to 2026, overperforming the US economy as a whole.

Employment trends indicate the degree of tightness or slack in labor markets, in addition to the overall strength of an economy. Faster employment growth typically indicates a strong and growing economy, while lower unemployment tends to imply tightness in labor markets.

You can track unemployment trends in Georgia, and compare them to the US economy, using the chart below.

$119.1k

Per capita disposable income

What is Georgia's Per Capita Disposable Income?

Per capita disposable income, also known as disposable personal income (DPI), is the amount of money that the average person in an economy has available for spending and saving after accounting for income taxes. Georgia's DPI in 2026 was $119.1k, compared to the US average of $156.5k, which places it 50th out of all 50 US states.

Disposable income is regarded as a key economic indicator as trends in disposable income are indicative of the level of aggregate demand, the state of labor markets and the financial strength of households.

You can track trends in Georgia's per capita disposable income, and compare it to the US average, using the chart below.

State economic profile

Georgia Construction & Building Trends

$44,939.0tn

Nonresidential construction

$16.0tn

Residential construction

55,412

Building permits

What can construction trends tell you about a state’s economy?

In Georgia, non-residential construction was $44,939.0tn in 2026, which ranks it 48th out of all 50 US states. Residential construction was $16.0tn in 2026, which places Georgia 27th out of all 50 US states. The number of building permits issued in Georgia in 2026 was 55,412, representing a -3.2% annualized growth rate between 2021 and 2026.

Trends in the construction sector are important because it creates jobs, income and tax revenue for a state. In addition, construction sector activity impacts other sectors in its supply chain, including manufacturing, wholesaling, warehousing, transportation, and real estate, rental and leasing services. Therefore, construction trends are important indicators of the health of an economy.

You can track trends in the number of building permits issued in Georgia, and compare it to trends in the number issued in the United States as a whole, using the chart below.

State economic profile

Georgia Population Statistics

Which Counties in Georgia have the Largest Populations?

The counties with the highest populations in Georgia are Fulton County, Gwinnett County and Cobb County, which had populations of 1,097,073, 1,008,501 and 789,201 people in 2026.

Population by county in Georgia
Region 2026 population Annual growth 2021-26 Share of population
Fulton 1.1m 0.5% 9.6%
Gwinnett 1.0m 0.8% 8.8%
Cobb 789.2k 0.5% 6.9%
Dekalb 765.8k 0.1% 6.7%
Chatham 312.1k 0.9% 2.7%
Cherokee 305.0k 2.1% 2.7%
Clayton 298.4k N/A 2.6%
Forsyth 292.6k 2.3% 2.6%
Henry 269.9k 1.9% 2.4%
Hall 231.2k 2.1% 2.0%
Richmond 204.5k -0.2% 1.8%
Muscogee 198.9k -0.5% 1.7%
Paulding 197.2k 2.5% 1.7%
Houston 179.5k 1.4% 1.6%
Columbia 173.6k 1.7% 1.5%
Coweta 164.9k 1.9% 1.4%
Bibb 156.8k 0.1% 1.4%
Douglas 153.9k 1.0% 1.4%
Carroll 134.8k 2.0% 1.2%
Clarke 130.9k 0.3% 1.1%
Fayette 127.4k 1.1% 1.1%
Newton 127.4k 1.9% 1.1%
Lowndes 123.5k 0.8% 1.1%
Bartow 121.2k 1.7% 1.1%
Walton 117.0k 3.1% 1.0%

State economic profile

Georgia Demographics

In Georgia, 37.8% of the population has a Bachelors or higher. The largest ethnic group in Georgia is White, accounting for 47.6% of the state's population.

Education level in Georgia

Education level Share (%)
Bachelors or higher 37.8
Other 62.2

Race in Georgia

Race Share (%)
White 47.6
Black 32.0
Hispanic 12.3
Asian 5.5
Other 2.6

Georgia State industry reports

IBISWorld State Industry Reports help you quickly understand how an industry performs at the state level compared with the national level, with accurate and unbiased industry information with a local focus. Use this collection to:

  • Discover key local industry trends
  • Identify threats and opportunities at the subnational level
  • Inform your business strategies and planning

See our list of 639 Georgia industry reports.

Other states to explore

Compare Georgia’s economy with other states in the United States.

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