In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state. New York collected the second highest amount of taxes in that year, coming in at 125.19 billion U.S. dollars.
The university in the United States with the largest endowment market value in 2024 was Harvard University, with an endowment fund value of about 51.98 billion U.S. dollars. U.S. higher education Colleges and universities in the United States rank highly among the world’s most prestigious institutions of higher education. Many universities are particularly well known for their strong research capabilities and their connections to many Nobel Prize winning laureates.The U.S. university system is largely decentralized. Except for service academies and staff colleges, the federal government does not directly regulate universities; public universities are administered solely by the individual states. Besides the state administered public universities, there are many private universities in the United States, most are non-profit institutions, similar to the public universities, but there are also a number of institutions that rely on profit (Walden University in Minnesota, for example).In general, tuition fees are required to be paid by students at American universities. Public universities generally charge lower tuition rates to in-state students, than to out-of-state students. Private universities are often much more expensive than public ones because they do not receive funding from state governments.American students are often required to take out student loans to supplement scholarships and grants provided by diverse sources to be able to pay for tuition. Student debt has become a major issue in the United States in recent years, with many Americans unsure if they can even afford to pay off their student loans in the future.
Texas was by far the leading U.S. state in terms of total number of farms, with about 231 thousand farms by the end of 2024. Iowa was ranked second, among the leading ten states, with 86.7 thousand farms as of 2023. Farms classification In the United States farms are classified based on the farm income and government payments into six sales classes. According to the USDA, about half of all farms in the U.S. were classified in the 1,000 to 9,999 U.S. dollars sales class in 2023. Farming sector in the U.S. The total number of farms in the United States has decreased steadily since 2007. As of 2022, there were about 1.89 million farms in the U.S., down slightly from 1.9 million in the previous year. Contrastingly, the average farm acreage in the United States has increased in the past few years. The number of employees, including both part-time and full-time workers, in this sector was over 965 thousand as of 2019.
State-owned Enterprises (SOEs) are companies whose controlling shareholder is the government of a country or a related state institution. The largest SOE as of 2020, was the Industrial and Commercial Bank of China - alongside the China Construction Bank and the Agricultural Bank of China, these make up the three largest government controlled businesses in the world. SOEs commonly operate in sectors where there is a natural monopoly, such as in the transportation and energy sectors, or in areas which the public authorities deem government intervention essential, such as in housing credit - although many Chinese businesses appear on this list due to its unique socialist market economy.
The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
In the fiscal year of 2023, the state of California collected a total of 220.59 billion U.S. dollars in tax revenue, the highest of any state. New York collected the second highest amount of taxes in that year, coming in at 125.19 billion U.S. dollars.