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.
State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state
The fiscal year is the accounting period for the federal government which begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends.
Figures were calculated by Statista using GDP figures for each state from the Bureau of Economic Analysis which can be found here.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
US Census Bureau. (September 20, 2023). State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/
US Census Bureau. "State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state." Chart. September 20, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/
US Census Bureau. (2023). State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/
US Census Bureau. "State and Local Government Debt in The United States as a Percentage of Gross Domestic Product in The Fiscal Year of 2021, by State." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/
US Census Bureau, State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state Statista, https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/ (last visited December 21, 2024)
State and local government debt in the United States as a percentage of gross domestic product in the fiscal year of 2021, by state [Graph], US Census Bureau, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/246337/state-debt-in-the-us-as-a-percentage-of-gsp/
