What is the most broke state in the US?
Which state has no debt
States With the Least Debt in 2023
Alaska takes the No. 1 spot, with a tiny debt ratio of only 14.2%. Its total liabilities amount to only $12.65 billion compared to total assets of approximately $89.17 billion in 2023.
Which state has the lowest debt
The state with the least debt is Tennessee, where the average debt per person is only $893. Total personal debt in the US has reached $14.96 trillion. 77% of American households have at least some form of debt.
Who owns most of U.S. debt
Domestic Holders of Federal Debt
The Federal Reserve, which purchases and sells Treasury securities as a means to influence federal interest rates and the nation's money supply, is the largest holder of such debt.
Which government has the most debt
According to data published by London-based investment fintech Invezz, Japan, Greece, Italy, Portugal, and the US are the top five nations with the highest level of government debt.
Which top 5 states have high debt
Punjab, Rajasthan, Kerala, West Bengal, Bihar, Andhra Pradesh, Jharkhand, Madhya Pradesh, Uttar Pradesh, and Haryana are the states with the highest debt burden in India.
Which states are best off financially
States with the lowest cost-of-living indexes
| Rank | Groceries | Utilities |
|---|---|---|
| 1 | Mississippi | Idaho |
| 2 | Texas | Wyoming |
| 3 | Arkansas | Louisiana |
| 4 | Kentucky | Colorado |
What city in the US has the most debt
These 5 U.S. metros have the most debt, study finds
| Rank | Metro | Average amount of consumer debt |
|---|---|---|
| 1 | Atlanta, GA | $45,891 |
| 2 | Dallas, TX | $45,541 |
| 3 | Washington, DC | $45,337 |
| 4 | Austin, TX | $44,541 |
Does China owe the US money
Continuing a trend that began early in 2023, China's portfolio of U.S. government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. That's a decline of nearly $23 billion from April and down nearly $100 billion, or 9%, from the year-earlier month.
Who paid off all of America’s debt
president Andrew Jackson
Payment of US national debt
On January 8, 1835, president Andrew Jackson paid off the entire national debt, the only time in U.S. history that has been accomplished.
What country is #1 in debt
Japan
Japan has the highest percentage of national debt in the world at 259.43% of its annual GDP.
Is California debt free
California Defaults On $18.5 Billion Debt, Leaving State Businesses Holding The Bag. Little did California businesses know that they were cosigners on the state's nearly $20 billion loan from the federal government that was used to cover California's unemployment fund shortfall during the COVID pandemic.
Which state has strongest economy
State With Highest GDP
California is the state with the highest GDP in the United States, with a GDP of $3.5 trillion. There are several reasons why California has the highest GDP in America.
What states are struggling economically
Mississippi (48.2%), Alabama (45.9%), Louisiana (45.6%), West Virginia (43.7%), Kentucky (42.9%), Texas (42.0%) and Arkansas (42.0%) all rank among the top 10 in the country in terms of people who reported finding it “somewhat” or “very difficult” to cover their expenses.
Which 5 countries own the most US debt
Top Foreign Holders of U.S. Debt
| Rank | Country | Share of Total |
|---|---|---|
| 1 | 🇯🇵 Japan | 14.7% |
| 2 | 🇨🇳 China | 11.9% |
| 3 | 🇬🇧 United Kingdom | 8.9% |
| 4 | 🇧🇪 Belgium | 4.8% |
Who has more debt than the US
Japan
Japan tops the ranking with central government debt of 221 percent of GDP, followed by Greece, Sudan, Eritrea, and Singapore. Not long ago, the U.S. was among the least indebted countries.
How much does Russia owe the US
How much does Russia owe About $40 billion US in foreign bonds, about half of that to foreigners. Before the start of the war, Russia had around $640 billion US in foreign currency and gold reserves, much of which was held overseas and is now frozen.
Who owes the US the most money
Top Foreign Holders of U.S. Debt
| Rank | Country | Share of Total |
|---|---|---|
| 1 | 🇯🇵 Japan | 14.7% |
| 2 | 🇨🇳 China | 11.9% |
| 3 | 🇬🇧 United Kingdom | 8.9% |
| 4 | 🇧🇪 Belgium | 4.8% |
What country is in zero debt
The 20 countries with the lowest national debt in 2023 in relation to gross domestic product (GDP)
| Characteristic | National debt in relation to GDP |
|---|---|
| Macao SAR | 0% |
| Brunei Darussalam | 2.06% |
| Kuwait | 2.92% |
| Hong Kong SAR | 4.26% |
Who owes the US money
Many people believe that much of the U.S. national debt is owed to foreign countries like China and Japan, but the truth is that most of it is owed to Social Security and pension funds right here in the U.S. This means that U.S. citizens own most of the national debt.
How much is Texas in debt
The state ended fiscal 2023 on Aug. 31 with total outstanding debt of $64.4 billion, up from $63.21 billion in fiscal 2023, the board's annual report released in December said.