State debt per capita in the United States in fiscal year 2013 (in U.S. dollars)

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StateDebt per capita (in U.S. dollars)
Alaska40,714
Hawaii33,111
Connecticut31,298
Ohio27,836
Illinois24,959
New Jersey24,134
New Mexico24,041
Kansas23,523
Oregon22,229
California20,449
New York19,799
Kentucky19,689
Massachusetts19,493
Nevada19,152
Mississippi18,321
Louisiana18,097
Rhode Island17,960
Delaware17,437
Wyoming17,265
Colorado16,748
Average debt per capita16,178
Maryland16,010
Minnesota15,965
Montana15,689
South Carolina15,053
Pennsylvania14,487
Michigan14,435
Alabama14,173
New Hampshire13,951
West Virginia13,459
North Dakota13,241
Texas13,083
Washington12,988
Arkansas12,785
Missouri12,702
Maine12,577
Vermont12,566
Utah12,513
Iowa12,290
Georgia11,612
Oklahoma11,574
Virginia11,158
North Carolina11,032
Florida10,243
Idaho9,459
Arizona9,321
South Dakota9,249
Wisconsin7,863
Indiana7,094
Nebraska7,081
Tennessee6,358
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About This Statistic

This graph shows the state debt per capita in the United States for the 2013 fiscal year. In 2013, the state of Alabama had a total per capita debt of 14,173 U.S. dollars. Average state debt per capita amounted to 16,178 U.S. dollars.


The national debt of the United Stated can be found here.

State debt

National debts, also known as public debt and government debt, are the amount of money borrowed by states to cover their budget deficits. Nearly all governments use the debt method to finance operations and projects. Government debt can be seen as an indirect debt on taxpayers.

The public debt of the United States has been rising steadily for the last decades from 3,233.31 billion U.S. dollars in 1990 to 17,156.12 billion U.S dollars in 2013.

Although the United States’ debt is significantly high, the country with the highest public debt in 2014, in relation to the gross domestic product (GDP), was Japan. Japan had an estimated debt of about 246.16 percent in relation to the gross domestic product, according to IMF data. Nigeria was among the countries with the lowest national debt in 2014 in relation to the gross domestic product (GDP), with an estimated level of national debt reached about 15.91 percent of the GDP.

Much of the U.S. public debt is held by foreign investors, debt holders like nations or institutions which lent money to the United States. About 47 percent of the U.S. public debt is hold by foreign investors, while the Federal Reserve Bank holds 10 percent of the U.S public debt. As of August 2014, China and Japan are the major foreign holders of U.S. treasury debt. According to the Federal Reserve and U.S. Department of the Treasury, China held 1,270.9 billion U.S. dollars, while Japan held 1,220.1 billion U.S. dollars.

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