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Alaska Introduction Statistics The 1898 discovery of gold deposits in Alaska nearly doubled the population of this once unexplored territory. In 1959 Alaska became the largest state (by land-area) admitted into the United States. With the largest oil field in North America (Prudhoe Bay) and the largest crude oil pipeline in the United States (Trans-Alaska Pipeline), the energy industry dominates Alaska’s economy. Other than oil, Alaska's largest sources of wealth are seafood and tourism. Fish such as salmon, cod, pollack and crab are major exports from the state. Alaska does not charge personal sales or income taxes, so government funding comes primarily from petroleum revenues via the Alaskan Permanent Fund. This fund manages oil royalties as a capital investment and provides residents with annual dividends. Total GDP (Billions): Per Capita Real GDP: Population: % of People under Poverty Level: Per Capita Personal Income: Unemployment Rate: % of Population with a Bachelor's Degree: Total Exports: Abbreviation: Capital: Nick Name: Time Zone-Standard: Time Zone-Daylight Saving: Sales Tax Rate: Motto: Web Site: AK Juneau Last Frontier GMT -9 GMT -10 0.00% North to the Future http://www.alaska.gov Government Governor: Senator: Senator: Entered Union: Bill Walker (I) Dan Sullivan (R) Lisa Murkowski (R) January 3, 1959 Main Ports $52,804.00 (2015) $66,835 (2015) 741,894 (2016) 10.40% $56,147 6.90% (2016) 29.70% $5,110,729,449.00 (2014) Top 5 Export Partner Countries Country China Japan Korea, South Canada Germany Exports $1,250,221,520 $745,022,312 $683,306,363 $603,181,696 $287,847,671 Corporations Company Fortune 1000 Rank Revenue City Corporate Marginal Income Tax Rate: 0.00% > $||2.00% > $25,000||3.00% > $49,000||4.00% > $74,000||5.00% > $99,000||6.00% > $124,000||7.00% > $148,000||8.00% > $173,000||9.00% > $198,000||9.40% > $222,000 Individual Income Tax Rate: None U.S. Commercial Service Web page: http://export.gov/alaska/ Top 5 Export Merchandise Segment Fishing; Hunting; & Trapping Mining Petroleum & Coal Products Forestry & Logging Transportation Equipment Alcan, Anchorage, Dalton Cache, Fairbanks, Juneau, Ketchikan, Kivilina, Kodiak, Nikishka, Nome, Seward, Sitka, Skagway, Unalaska Island, Valdez, Wrangell Exports $2,295,444,890 $1,569,189,538 $300,632,373 $162,625,132 $57,922,383 Major Cities City Anchorage Juneau Fairbanks Population 298,695 32,756 32,325 Main Airports Code ANC BET FAI JNU KTN Name Ted Stevens Anchorage International Bethel Fairbanks International Juneau International Ketchikan International City Anchorage Bethel Fairbanks Juneau Ketchikan Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV