Georgia's 2006 total gross state product was $380 billion. Its per capita personal income for 2005 put it 10th in the nation at $40,155. If Georgia were a stand-alone country, it would be the 28th largest economy in the world.

There are 15 Fortune 500 companies and 26 Fortune 1000 companies with headquarters in Georgia, including such names as Home Depot, UPS, Coca Cola, Delta Air Lines, AFLAC, Southern Company, and SunTrust Banks. Georgia has over 1,700 internationally headquartered facilities representing 43 countries, employing more than 112,000 Georgians with an estimated capital investment of $22.7 billion.

Agriculture and industry

Georgia's agricultural outputs are poultry and eggs, pecans, peaches, peanuts, rye, cattle, hogs, dairy products, turfgrass, and vegetables. Its industrial outputs are textiles and apparel, transportation equipment, food processing, paper products, chemical products, electric equipment. Tourism also makes an important contribution to the economy. Georgia is home to the Granite Capital of the World (Elberton). Atlanta has been the site of enormous growth in real estate, service, and communications industries.

Atlanta has a very large effect on the state of Georgia and the Southeastern United States. The city is an ever growing addition to communications, industry, transportation, tourism, and government. Food is also a major industry in Georgia.

Industry in Georgia is now quite diverse. Major products in the mineral and timber industry include a variety of pines, clays, stones, and sands. Textile industry is located around the cities of Rome, Columbus, Augusta, and Macon. Atlanta is a leading center of tourism, transportation, communications, government, and industry. Some industries there include automobile and aircraft manufacturing, food and chemical processing, printing, publishing, and large corporations. Some of the corporations headquartered in Atlanta are: Arby's, Chick-fil-A, The Coca-Cola Company, Georgia Pacific, Hooters, ING Americas, Cox, and Delta Air Lines. Major corporations in other parts of the state include: Aflac, CareSouth, Home Depot, Newell Rubbermaid, Primerica Financial Services, United Parcel Service, Waffle House and Zaxby's.

Several United States military installations are located in Georgia including Fort Stewart, Hunter Army Airfield, Naval Submarine Base Kings Bay, Fort Benning, Moody Air Force Base, Robins Air Force Base, Naval Air Station Atlanta, Fort McPherson, Fort Gillem, Fort Gordon, Marine Corps Logistics Base Albany and Dobbins Air Reserve Base. However, due to the latest round of BRAC cuts, Forts Gillem and McPherson will be closing and NAS Atlanta will be transferred to the Georgia National Guard.

Energy use and production

Georgia's electricity generation and consumption are among the highest in the United States, with coal being the primary electrical generation of fuel. However, the state also has two nuclear power plants which contribute one fourth of Georgia's electricity generation. The leading area of energy consumption is the industrial sector due to the fact that Georgia "is a leader in the energy-intensive wood and paper products industry".

State taxes

Georgia's personal income tax ranges from 1% to 6% within six tax brackets. There is a 7% state sales tax, which is not applied to prescription drugs, certain medical devices, and groceries. Each county may add up to a 2% SPLOST. Counties participating in MARTA have another 1%; MARTA is the only major metropolitan rapid transit authority in the U.S. not to receive state funding. The city of Atlanta (in two counties, roughly 90% in Fulton and 10% in Dekalb) has the only city sales tax (1%, total 8%) for fixing its aging sewers. Local taxes are almost always charged on groceries but never prescriptions. Up to 1% of a SPLOST can go to homestead exemptions (the HOST). All taxes are collected by the Georgia Department of Revenue and then properly distributed according to any agreements that each county has with its cities.

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