Utah ranks 34th in amount of state debt per capita

According to an analysis of data by the Tax Foundation, Utah has the 34th highest amount of state debt per capita at $2,577. Compared with our Mountain West neighbors, we fare better than Montana ($4,290), New Mexico ($3,914), and Colorado ($3,214), but worse than Idaho ($2,489), Wyoming ($2,409), Arizona ($2,197), and Nevada ($1,548).

To see where Utah ranks compared with other states, see the map below.

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Update: After posting this state debt map, we were pointed (hat tip: Robert Gehrke) to some data on state debt as a measure of gross state product (GSP), which measures the size of the state economy.

As both debt per capita and debt/GSP have informative value (the former from the average Utahn’s perspective, the latter from an economic perspective), we have listed each state’s debt/GSP figure (from highest to lowest) below. Interestingly, Utah also ranks 34th highest in state debt/GSP.

Rank

State

State Debt/GSP

1

Massachusetts

18.47%

2

Rhode Island

16.58%

3

New Hampshire

12.98%

4

Vermont

12.81%

5

New Jersey

12.55%

6

Alaska

12.46%

7

Connecticut

12.26%

8

Montana

11.27%

9

New York

11.24%

10

Hawaii

10.88%

11

West Virginia

10.48%

12

Maine

10.39%

13

Illinois

9.47%

14

Delaware

9.03%

15

Wisconsin

8.79%

16

New Mexico

8.78%

17

South Dakota

8.78%

18

South Carolina

8.65%

19

Kentucky

8.08%

20

Maryland

8.00%

21

Missouri

7.95%

22

Louisiana

7.32%

23

Pennsylvania

7.27%

24

Washington

7.26%

25

Michigan

7.26%

26

Oregon

7.01%

27

Indiana

6.95%

28

California

6.83%

29

Mississippi

6.73%

30

Iowa

6.51%

31

Oklahoma

6.34%

32

Idaho

6.13%

33

Ohio

6.06%

34

Utah

6.01%

35

Virginia

5.90%

36

Colorado

5.76%

37

Florida

5.53%

38

Kansas

5.19%

39

Alabama

4.93%

40

North Dakota

4.77%

41

Arizona

4.72%

42

Minnesota

4.41%

43

North Carolina

4.18%

44

Arkansas

3.25%

45

Wyoming

2.98%

46

Nevada

2.91%

47

Georgia

2.84%

48

Nebraska

2.54%

49

Texas

2.31%

50

Tennessee

1.95%

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