100+ datasets found
  1. U.S. national debt per capita 1990-2023

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. national debt per capita 1990-2023 [Dataset]. https://www.statista.com/statistics/203064/national-debt-of-the-united-states-per-capita/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the gross federal debt in the United States amounted to around 93,500 U.S. dollars per capita. This is a moderate increase from the previous year, when the per capita national debt amounted to about 92,528 U.S. dollars. The total debt accrued by the U.S. annually can be accessed here. Federal debt of the United States The level of national debt held by the United States government has risen sharply in the years following the Great Recession. Federal debt is the amount of debt the federal government owes to creditors who hold assets in the form of debt securities. As with individuals and consumers, there is a common consensus among economists that holding debt is not necessarily problematic for government so long as the public debt is held at a sustainable level. Although there is no agreed upon ratio of debt to gross domestic product, the increasing debt held by the Federal Reserve has become a major part of the political discourse in the United States. Politics and the national debt In recent years, debate over the debt ceiling has been of concern to domestic politicians, the owners of federal debt, and global economy as a whole. The debt ceiling is a legislated maximum amount that national debt can reach intended to impose a degree of fiscal prudence on incumbent governments. However, as national debt has grown the debt ceiling has been reached, thus forcing legislative action by Congress. In both 2011 and 2013, new legislation was passed by Congress allowing the debt ceiling to be raised. The Budget Control Act of 2011 and the No Budget, No Pay Act of 2013 successively allowed the government to avoid defaulting on national debt and therefore avert a potential economic crisis.

  2. d

    Debt Per Capita

    • catalog.data.gov
    • data.ok.gov
    • +3more
    Updated Nov 22, 2024
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    OKStateStat (2024). Debt Per Capita [Dataset]. https://catalog.data.gov/dataset/debt-per-capita
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    Dataset updated
    Nov 22, 2024
    Dataset provided by
    OKStateStat
    Description

    Maintain the State of Oklahoma debt per capita at less than the national average every year through 2018.

  3. U.S. per capita state and local government debt outstanding 2021, by state

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. per capita state and local government debt outstanding 2021, by state [Dataset]. https://www.statista.com/statistics/312681/per-capita-us-state-and-local-government-debt-outstanding-by-state/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  4. State debt per capita in the U.S. in 2013

    • statista.com
    Updated Jan 8, 2014
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    Statista (2014). State debt per capita in the U.S. in 2013 [Dataset]. https://www.statista.com/statistics/246333/state-debt-per-capita-in-the-united-states/
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    Dataset updated
    Jan 8, 2014
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  5. T

    United States Gross Federal Debt to GDP

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +17more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Gross Federal Debt to GDP [Dataset]. https://tradingeconomics.com/united-states/government-debt-to-gdp
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    excel, json, xml, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1940 - Dec 31, 2023
    Area covered
    United States
    Description

    The United States recorded a Government Debt to GDP of 122.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  6. U

    Ukraine External Debt: Total External Debt per Capita

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). Ukraine External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/ukraine/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Ukraine
    Description

    Ukraine External Debt: Total External Debt per Capita data was reported at 0.005 USD mn in 2023. This records an increase from the previous number of 0.003 USD mn for 2022. Ukraine External Debt: Total External Debt per Capita data is updated yearly, averaging 0.002 USD mn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 0.005 USD mn in 2023 and a record low of 0.000 USD mn in 1992. Ukraine External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  7. U.S. public debt 1990-2023

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. public debt 1990-2023 [Dataset]. https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.

    U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.

    International public debt

    Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.

    The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.

    Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.

    Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.

  8. F

    Federal Debt: Total Public Debt

    • fred.stlouisfed.org
    json
    Updated Mar 4, 2025
    + more versions
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    (2025). Federal Debt: Total Public Debt [Dataset]. https://fred.stlouisfed.org/series/GFDEBTN
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 4, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q4 2024 about public, debt, federal, government, and USA.

  9. A

    Afghanistan External Debt: Total External Debt per Capita

    • ceicdata.com
    Updated Mar 15, 2021
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    CEICdata.com (2021). Afghanistan External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/afghanistan/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset updated
    Mar 15, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2011 - Dec 1, 2022
    Area covered
    Afghanistan
    Description

    Afghanistan External Debt: Total External Debt per Capita data was reported at 0.000 USD mn in 2022. This records a decrease from the previous number of 0.000 USD mn for 2021. Afghanistan External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 2006 (Median) to 2022, with 17 observations. The data reached an all-time high of 0.000 USD mn in 2009 and a record low of 0.000 USD mn in 2006. Afghanistan External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Afghanistan – Table AF.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  10. S

    Sri Lanka External Debt: Total External Debt per Capita

    • ceicdata.com
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    CEICdata.com, Sri Lanka External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/sri-lanka/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Sri Lanka
    Description

    Sri Lanka External Debt: Total External Debt per Capita data was reported at 0.003 USD mn in 2023. This records an increase from the previous number of 0.003 USD mn for 2022. Sri Lanka External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.003 USD mn in 2023 and a record low of 0.000 USD mn in 1970. Sri Lanka External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  11. T

    United States Households Debt To GDP

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +16more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Households Debt To GDP [Dataset]. https://tradingeconomics.com/united-states/households-debt-to-gdp
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1947 - Sep 30, 2024
    Area covered
    United States
    Description

    Households Debt in the United States decreased to 70.50 percent of GDP in the third quarter of 2024 from 70.70 percent of GDP in the second quarter of 2024. This dataset provides - United States Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

  12. T

    United States Private Debt to GDP

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +16more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Private Debt to GDP [Dataset]. https://tradingeconomics.com/united-states/private-debt-to-gdp
    Explore at:
    csv, excel, xml, jsonAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1995 - Dec 31, 2023
    Area covered
    United States
    Description

    Private Debt to GDP in the United States decreased to 216.50 percent in 2023 from 224.50 percent in 2022. United States Private Debt to GDP - values, historical data, forecasts and news - updated on March of 2025.

  13. T

    GOVERNMENT DEBT TO GDP by Country in EUROPE

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). GOVERNMENT DEBT TO GDP by Country in EUROPE [Dataset]. https://tradingeconomics.com/country-list/government-debt-to-gdp?continent=europe
    Explore at:
    csv, xml, json, excelAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  14. T

    Russia Government Debt to GDP

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +16more
    csv, excel, json, xml
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    TRADING ECONOMICS, Russia Government Debt to GDP [Dataset]. https://tradingeconomics.com/russia/government-debt-to-gdp
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1999 - Dec 31, 2023
    Area covered
    Russia
    Description

    Russia recorded a Government Debt to GDP of 14.90 percent of the country's Gross Domestic Product in 2023. This dataset provides - Russia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. G

    Ghana External Debt: Total External Debt per Capita

    • ceicdata.com
    Updated Apr 7, 2022
    + more versions
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    Ghana External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/ghana/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset updated
    Apr 7, 2022
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Ghana
    Description

    Ghana External Debt: Total External Debt per Capita data was reported at 0.001 USD mn in 2023. This records an increase from the previous number of 0.001 USD mn for 2022. Ghana External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.001 USD mn in 2021 and a record low of 0.000 USD mn in 1971. Ghana External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  16. N

    Nigeria External Debt: Total External Debt per Capita

    • ceicdata.com
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    CEICdata.com, Nigeria External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/nigeria/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Nigeria
    Description

    Nigeria External Debt: Total External Debt per Capita data was reported at 0.000 USD mn in 2023. This records a decrease from the previous number of 0.000 USD mn for 2022. Nigeria External Debt: Total External Debt per Capita data is updated yearly, averaging 0.000 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.000 USD mn in 2022 and a record low of 0.000 USD mn in 1970. Nigeria External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  17. T

    PRIVATE DEBT TO GDP by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
    + more versions
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    PRIVATE DEBT TO GDP by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/private-debt-to-gdp
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    This dataset provides values for PRIVATE DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  18. C

    Costa Rica External Debt: Total External Debt per Capita

    • ceicdata.com
    Updated Dec 29, 2023
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    CEICdata.com (2023). Costa Rica External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/costa-rica/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual
    Explore at:
    Dataset updated
    Dec 29, 2023
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Costa Rica
    Description

    External Debt: Total External Debt per Capita data was reported at 0.008 USD mn in 2023. This records an increase from the previous number of 0.008 USD mn for 2022. External Debt: Total External Debt per Capita data is updated yearly, averaging 0.001 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.008 USD mn in 2023 and a record low of 0.000 USD mn in 1970. External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Costa Rica – Table CR.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  19. I

    Indonesia External Debt: Total External Debt per Capita

    • ceicdata.com
    Updated Apr 11, 2022
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    CEICdata.com (2022). Indonesia External Debt: Total External Debt per Capita [Dataset]. https://www.ceicdata.com/en/indonesia/external-debt-debt-outstanding-debt-ratio-and-debt-service-annual/external-debt-total-external-debt-per-capita
    Explore at:
    Dataset updated
    Apr 11, 2022
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Indonesia
    Description

    Indonesia External Debt: Total External Debt per Capita data was reported at 0.001 USD mn in 2023. This records an increase from the previous number of 0.001 USD mn for 2022. Indonesia External Debt: Total External Debt per Capita data is updated yearly, averaging 0.001 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.002 USD mn in 2020 and a record low of 0.000 USD mn in 1970. Indonesia External Debt: Total External Debt per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Indonesia – Table ID.World Bank.IDS: External Debt: Debt Outstanding, Debt Ratio and Debt Service: Annual. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.

  20. Auto loan balance per capita in the U.S. 2024, by state

    • statista.com
    Updated Jun 19, 2024
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    Statista (2024). Auto loan balance per capita in the U.S. 2024, by state [Dataset]. https://www.statista.com/statistics/1281691/average-auto-loan-debt-usa-by-state/
    Explore at:
    Dataset updated
    Jun 19, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In early 2024, Texas was one of the U.S. states with the highest debt balances from car loans. The car loan debt balance per capita in the United States as a whole was 5,6500 U.S. dollars. That figure is the result of dividing the total debt balance for that type of loan by the number of people living in the U.S., even those who do not have any car loan debt at all. That means that this figure is not representative of the amount of debt that an individual with a car loan has. In fact, the average car loan debt of people with some debt of that type in the U.S. is significantly higher.

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Statista (2024). U.S. national debt per capita 1990-2023 [Dataset]. https://www.statista.com/statistics/203064/national-debt-of-the-united-states-per-capita/
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U.S. national debt per capita 1990-2023

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Dataset updated
Jul 5, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

In 2023, the gross federal debt in the United States amounted to around 93,500 U.S. dollars per capita. This is a moderate increase from the previous year, when the per capita national debt amounted to about 92,528 U.S. dollars. The total debt accrued by the U.S. annually can be accessed here. Federal debt of the United States The level of national debt held by the United States government has risen sharply in the years following the Great Recession. Federal debt is the amount of debt the federal government owes to creditors who hold assets in the form of debt securities. As with individuals and consumers, there is a common consensus among economists that holding debt is not necessarily problematic for government so long as the public debt is held at a sustainable level. Although there is no agreed upon ratio of debt to gross domestic product, the increasing debt held by the Federal Reserve has become a major part of the political discourse in the United States. Politics and the national debt In recent years, debate over the debt ceiling has been of concern to domestic politicians, the owners of federal debt, and global economy as a whole. The debt ceiling is a legislated maximum amount that national debt can reach intended to impose a degree of fiscal prudence on incumbent governments. However, as national debt has grown the debt ceiling has been reached, thus forcing legislative action by Congress. In both 2011 and 2013, new legislation was passed by Congress allowing the debt ceiling to be raised. The Budget Control Act of 2011 and the No Budget, No Pay Act of 2013 successively allowed the government to avoid defaulting on national debt and therefore avert a potential economic crisis.

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