Data for all 50 states and the District of Columbia are included in the following table, sorted alphabetically by state. States are tasked to apply macroeconomic management operations to reduce debts. State and local spending data begins in 1820. New York City’s debt per capita is $13,800 based on 8.623 million people. Total U.S. GDP was just over $19.4 trillion at the end of June, according to a July 30 release from … This information comes from the United States Census Bureau, a report produced by State Budget Solutions (SBS) focusing on state and local government budgets, and a report by Truth in Accounting focusing on debt per … $168,807,499,643 Detailed table of spending data sources here. Map 3 shows the change by state. Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com. With the per-capita gross domestic product of the state being $61,682, the Texas GDP ranking in this category is a bit worse. https://www.visualcapitalist.com/americas-debt-27-trillion-and-countin State and local spending data for individual states begins in 1957. This compares to a statewide average of $10,959. Map; Table; 1999 2019 PLAY. State-Level Debt-to-Income Ratio, 1999 - 2020 These maps illustrate the evolution of the median household debt-to-income ratio by state over time. Although debt per capita is dependent on debt levels and total population, states that are highly indebted have a comparatively higher debt per capita. https://finance.yahoo.com/news/25-countries-most-debt-per-000637020.html States With the Highest Debt Amount . Per capita U.S. state and local government debt outstanding 2017, by state State and local debt in the U.S. as a percentage of GDP in 2017, by state Gross public debt of U.S. states 2000-2025 Total state and local government debt per capita by state listed in the next tables. 12,631,724. State of Illinois Real Time Debt Clock. America’s federal debt stands at around $26.6 trillion — an approximate $7 trillion increase since 2016, according to fiscal data from the Treasury Department. Federal spending data begins in 1792. States with the highest amount of state and local debt per capita in the 2012 fiscal year (the most recent data available from the Census Bureau) were New York ($17,405 per person), Massachusetts ($14,517 per person), Alaska ($13,066 per person), Connecticut ($11, 928 per person), and New Jersey ($11,623 per … During that time period, every state except Utah had a smaller economy as measured by GDP than it did at the end of 2019. Economic activity, as measured by Gross Domestic Product, was down significantly from the end of 2019 to the third quarter of 2020. In Q4 of 2019, the economy even hit the $1.91 trillion mark before dropping to the current $1.89 trillion. The tables below give the outstanding state debt for each of the 50 states as of 2015. Texas represents 8.8% of the total GDP of the United States.