In the fiscal year of 2021, total state and local government debt in the state of New York amounted to 20.07 percent of the annual Gross Domestic Product of the state. In Kentucky, this figure amounted to 22.78 percent of the state's annual GDP, the highest of any state.
The national debt of the United Stated can be found here.
In the fiscal year of 2024, California's state debt stood at about 158.05 billion U.S. dollars. Comparatively, the state's debt was 57.17 billion U.S. dollars in 2000. The national debt of the United Stated can be found here.
The statistic shows the national debt of the United States from 2019 to 2022 in relation to the gross domestic product (GDP), with projections up until 2029. In 2022, the national debt of the United States was at around 120.03 percent of the gross domestic product. See the US GDP for further information. US finances There has been a dramatic increase in the public debt of the United States since 1990, although the month-to-month change has been quite stable over the last few months. Public debt is defined as the amount of money borrowed by a country to cover budget deficits. A ranking of individual state debt in the United States shows that California is leading by a clear margin, with more than double the amount of runner-up New York. Vermont, North Dakota and South Dakota are the states with the lowest amount of debt. Even before the recession of 2008, the national debt of the United States had been increasing steadily and excessively, and it is predicted to rise even further. Budget cuts and fewer job opportunities as a result of the crisis are taking their toll on the American economy, which is still recovering. Trade figures as well as unemployment are still below average. Subsequently, the national debt and the national debt of the United States per capita have more or less quadrupled since the 1990s. Interestingly, the United States is not even among the top ten of countries with the highest public debt in relation to gross domestic product in international comparison. Japan, Greece and Italy – among others – report far higher figures than the United States.
Quarterly gross and net debt to gross domestic product for federal and other levels of general government.
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Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 46.688 % in Sep 2024. This records an increase from the previous number of 46.350 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 35.844 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 57.250 % in Jun 1996 and a record low of 24.021 % in Dec 2007. Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, Currency and Deposits data was reported at 94.447 % in Sep 2024. This records an increase from the previous number of 93.501 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, Currency and Deposits data is updated quarterly, averaging 77.678 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 103.094 % in Dec 2020 and a record low of 53.708 % in Mar 2008. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.
In 2021, the federal state of New York had debt of around 19,318 U.S. dollars per capita, the most out of any state in the U.S. While not a state, the District of Columbia had an even higher per capita debt, at 29,756 U.S. dollars. The total debt accrued by the U.S. annually can be accessed here, and outstanding debt by state here.
General government gross domestic and foreign debt, and financial liabilities by category, quarterly.
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Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities data was reported at 86.500 % in Sep 2024. This records an increase from the previous number of 85.698 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities data is updated quarterly, averaging 70.901 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 95.337 % in Mar 2021 and a record low of 48.643 % in Mar 2008. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.
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Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data was reported at 52.781 % in Sep 2024. This records an increase from the previous number of 52.341 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data is updated quarterly, averaging 41.054 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 63.798 % in Mar 1996 and a record low of 28.046 % in Dec 2007. Canada CA: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
Quarterly total debt to equity and credit market debt to equity for private non-financial corporations.
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Canada CA: Gross Public Debt: % of GDP: General Government: Currency and Deposits data was reported at 0.229 % in Sep 2024. This records a decrease from the previous number of 0.229 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: General Government: Currency and Deposits data is updated quarterly, averaging 0.311 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 0.376 % in Dec 1996 and a record low of 0.229 % in Sep 2024. Canada CA: Gross Public Debt: % of GDP: General Government: Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.
This table contains 29 series, with data for years 2009 - 2019 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada) Central government debt (29 items: A. Federal debt (accumulated deficit), (B - E); B. Net debt, (C - D); C. Liabilities, gross debt; Accounts payable and accrued liabilities; ...).
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Quarterly debt to gross domestic product, debt to disposable income and other indicators, for the household sector and the non-profit institutions serving households sector, by category.
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Canada CA: Gross Public Debt: % of GDP: Central Government: External Creditors data was reported at 17.334 % in Sep 2024. This records an increase from the previous number of 16.958 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: Central Government: External Creditors data is updated quarterly, averaging 10.160 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 17.334 % in Sep 2024 and a record low of 3.378 % in Dec 2007. Canada CA: Gross Public Debt: % of GDP: Central Government: External Creditors data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.
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Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data was reported at 113.466 % in Sep 2024. This records an increase from the previous number of 112.277 % for Jun 2024. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data is updated quarterly, averaging 93.017 % from Mar 1995 (Median) to Sep 2024, with 119 observations. The data reached an all-time high of 122.670 % in Dec 2020 and a record low of 68.529 % in Sep 2008. Canada CA: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Net debt as a percent of Gross Domestic Product 1994-95 to 2022-23
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Debt Expense as a percent of Gross Domestic Product1994-95 to 2022-23
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This table contains 14 series, with data for years 1990 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Estimates (14 items: Debt to gross domestic product (GDP); Debt to personal disposable income; Credit market debt to personal disposable income; Consumer credit and mortgage liabilities to personal disposable income; ...).
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This table contains 6 series, with data for years 1990 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Estimates (6 items: Total government gross debt (book value) to gross domestic product (GDP); Federal government gross debt (book value) to gross domestic product (GDP); Other levels of government gross debt (book value) to gross domestic product (GDP); Total government net debt (book value) to gross domestic product (GDP); ...).
In the fiscal year of 2021, total state and local government debt in the state of New York amounted to 20.07 percent of the annual Gross Domestic Product of the state. In Kentucky, this figure amounted to 22.78 percent of the state's annual GDP, the highest of any state.
The national debt of the United Stated can be found here.