The economy of Arkansas produced US$119 billion of gross domestic product in 2015. Six Fortune 500 companies are based in Arkansas, including the world’s #1 corporation, Walmart. Arkansas’s per capita income for 2010 was $36,027. The three-year median household income from 2009-11 was $39,806, ranking forty-ninth in the nation.
According to CNBC, Arkansas currently ranks as the 35th best state for business, with the 10th-lowest cost of doing business, 8th-lowest cost of living, 41st best workforce, 29th-best economic climate, 41st-best educated workforce, 41st-best infrastructure and the 32nd-friendliest regulatory environment. Arkansas gained twelve spots in the best state for business rankings since 2011.
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