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Louisiana's real gross state product in 2012 was estimated to be $198,548 which was just about the national state average, $187,440. Louisiana has the 23rd highest GSP out of the 50 states.
Louisiana is one of the nation's largest producers of cotton, sugarcane, rice, sweet potatoes and pecans. It is also a major producer of soybeans
and corn. Louisiana is the only source of the Tabasco pepper, prized as a condiment across the world. Poultry is the largest livestock industry. The
state is also the nation's largest producer of alligator hides and crawfish. Tourism is Louisiana's second largest industry after forestry (including
paper-making and wood producing). Louisiana has more than 13.9 million acres of forests.
Louisiana's principal mineral products are petroleum, natural gas, salt, sulphur, carbon black, and gravel. Louisiana ranks second in the nation in oil production. The state contains just under 10 percent of all known US oil reserves. The state produces just over one-quarter of all US natural gas supplies.
Louisiana's commercial fishing industry catches about 25 percent of all seafood caught in America. It is the nation's largest producer of shrimp and oysters.
Seafood, cotton, soybeans, cattle, sugarcane, poultry and eggs, dairy products, rice.
Chemical products, petroleum and coal products, food processing, transportation equipment, paper products, tourism.
The total gross state product in 2003 for Louisiana was $140 billion. Its Per Capita Personal Income was $26,312, forty-third in the United States. The state's principal agricultural outputs include seafood (It is the biggest producer of crawfish/crayfish in the world), cotton, soybeans, cattle, sugarcane, poultry and eggs, dairy products, and rice. Its industrial outputs include chemical products, petroleum and coal products, food processing, transportation equipment, paper products, and tourism.