Introduction: Alaska Download PDF
Energy is the largest industry in Alaska today, thanks in large part to the Prudhoe Bay oil and gas reservoir. The reservoir, which is the largest in North America, helps Alaska to produce about 20 percent of U.S. oil supply. Alaska’s second largest industry is tourism. Each year, the state welcomes over one million tourists, who bring in $1.5 billion to the local economy. Other large industries include fishing, timber, mining, and agriculture.
Two governmental policies unique to the state are taxation and the Alaskan Permanent Fund. Alaska is the only state that does not charge personal sales or income taxes. Government funding largely comes through petroleum revenues. In addition, the Alaskan Permanent Fund collects oil royalties and manages them through capital investment to provide residents with annual dividends, ranging from $331.29 in 1984 to $1963.86 in 2000.
Government
Symbols
State Seal: |
State Quarter: |
Time Zones:
| Standard Time | GMT-9 | |
| Daylight-Saving Time | GMT-10 | |
Statistics
- Per Capita Real GDP :
- $44,807
- Population:
- 686,293
- Percent of People Under Poverty Level:
- 11.2%
- Per Capita Personal Income:
- $37,271
- Percent of Population with a Bachelor's Degree:
- 16.5%
- Total Exports:
- $3,894,620,000
Top 5 Export Partner Countries
Japan
Korea, South
China
Canada
Germany
Top 5 Export Merchandise
Petroleum and Coal Products Sales
Major Cities
Anchorage
Major Airports
| Airport Name | City | |
| ANC | Ted Stevens Anchorage International | Anchorage |
| FAI | Fairbanks International | Fairbanks |
Main Ports:
Anchorage, Kivilina, Nikishka, Valdez