Economic Profile
Governor: Henry McMaster, Republican
Population: 5,084,127
GDP growth (Q4 2018): 1.6%
Unemployment rate (May 2019): 3.5%
Top corporate tax rate: 5%
Top individual income tax rate: 7%
Gasoline tax: 20.75 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AA+, stable
Major private employers: Bi-Lo, SCANA
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence