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State Debt Rank

Rank the 50 states for state and local debt.

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US State and Local Government Gross Public Debt
ranked by: percent GDP
-5yr -1yr   Fiscal Year 2020  +1yr +3yr
StateState
Debt
Local
Debt
State and
Local
Debt
 Alaska11.41%7.04%18.45% more
 Alabama4.26%10.70%14.96% more
 Arkansas5.56%9.48%15.04% more
 Arizona2.22%8.25%10.47% more
 California4.66%12.35%17.01% more
 Colorado5.07%11.71%16.78% more
 Connecticut15.00%4.31%19.30% more
 District of Columbia0.00%13.38%13.38% more
 Delaware6.53%3.59%10.12% more
 Florida2.19%9.35%11.54% more
 Georgia2.21%7.57%9.78% more
 Hawaii11.15%9.12%20.27% more
 Iowa3.14%7.14%10.28% more
 Idaho3.80%3.10%6.90% more
 Illinois7.53%11.37%18.91% more
 Indiana6.31%7.46%13.77% more
 Kansas3.94%12.33%16.27% more
 Kentucky6.69%17.58%24.27% more
 Louisiana7.11%5.68%12.79% more
 Massachusetts13.13%3.54%16.66% more
 Maryland7.10%7.19%14.29% more
 Maine7.15%5.12%12.26% more
 Michigan6.49%8.90%15.39% more
 Minnesota4.59%10.67%15.25% more
 Missouri5.66%8.59%14.24% more
 Mississippi6.29%6.26%12.55% more
 Montana5.13%5.79%10.92% more
 North Carolina2.51%5.43%7.94% more
 North Dakota5.45%12.11%17.56% more
 Nebraska1.91%9.64%11.56% more
 New Hampshire8.52%2.88%11.40% more
 New Jersey10.16%4.35%14.51% more
 New Mexico7.24%9.03%16.26% more
 Nevada2.08%14.63%16.71% more
 New York8.83%12.01%20.84% more
 Ohio4.39%9.09%13.48% more
 Oklahoma4.07%6.05%10.12% more
 Oregon5.80%10.83%16.63% more
 Pennsylvania6.65%9.87%16.52% more
 Rhode Island15.10%4.53%19.63% more
 South Carolina5.17%9.94%15.11% more
 South Dakota6.87%4.82%11.69% more
 Tennessee1.76%11.11%12.86% more
 Texas3.22%14.81%18.03% more
 All states combined5.46%9.66%15.13% more
 Utah3.69%7.21%10.91% more
 Virginia5.19%7.13%12.32% more
 Vermont10.34%3.43%13.76% more
 Washington4.77%9.75%14.52% more
 Wisconsin6.53%7.61%14.14% more
 West Virginia15.10%4.54%19.64% more
 Wyoming2.59%3.26%5.84% more
Notes: actual

Data Sources:
State GDP Information
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years

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Spending Data Sources

Spending data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of spending data sources here.
Medicare breakdown here; Medicaid breakdown here.

Federal spending data begins in 1792.

State and local spending data begins in 1820.

State and local spending data for individual states begins in 1957.

Gross Federal Debt

Debt Now:  $37,889,756,572,760.44
Debt 2/2020:$23,409,959,150,243.63

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Data Sources for 2020:

GDP, GO: GDP, GO Sources
Federal: Fed. Budget: Hist. Tables 3.2, 5.1, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported spending forward to future years

> data sources for other years
> data update schedule.

Blog

State and Local Finances for 2023

On September 11, 2025 we updated the state and local spending and revenue for FY 2023 using the new Census Bureau State and Local Government Finances summaries for FY 2023 released on July 31, 2025.  (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole and the 50 individual states and the District of Columbia.

State and local spending and revenue for FY2023 are now actual historical spending as reported by the Census Bureau. In addition, the Census Bureau published updated tables for 2021 and 2022.

We have updated the "guesstimated" state and local finances for FY2024-30 as indicated in our "guesstimate" blog entries.

We have also updated data for individual local government units with data for 2023. 

Beginning in 2022 the Census Bureau has changed the value for Line 56 Direct Expenditure and Line 7 General Revenue from own sources, as follows:

We have decided to end our publication of non-insurance trust cash and security holdings.

However, to keep the time series at usgovernmentspending.com consistent, we have decided to add insurance-trust values back into Line 56 and Line 7 values. 

State Spending for 2023
In March 2025 the US Census Bureau released data on state finances for FY 2023 here and  ...

Agency Debt Update for 2024
On June 24, 2025, usgovernmentspending.com updated its data for agency debt from the Federal Reserve Board database. Data is now available for the period 1945-2024. You can see our Agency Debt page ...

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