US Public Debt Per Capita (2024)

98.81K USD for Sep 2023

Basic Info

US Public Debt Per Capita is at a current level of 98.81K, up from 96.47K last month and up from 92.61K one year ago. This is a change of 2.43% from last month and 6.69% from one year ago.

Stats

Last Value 98.81K
Latest Period Sep 2023
Last Updated Dec 4 2023, 13:43 EST
Average Growth Rate 21.75%
Value from Last Month 96.47K
Change from Last Month 2.43%
Value from 1 Year Ago 92.61K
Change from 1 Year Ago 6.69%
Frequency Monthly
Unit USD
Adjustment N/A
Formula US Public Debt/US Population, Mid-Month

Historical Data

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Date Value
September 30, 2023 98.81K
June 30, 2023 96.47K
March 31, 2023 93.98K
December 31, 2022 93.95K
September 30, 2022 92.61K
June 30, 2022 91.67K
March 31, 2022 91.28K
December 31, 2021 88.97K
September 30, 2021 85.48K
June 30, 2021 85.87K
March 31, 2021 84.73K
December 31, 2020 83.57K
September 30, 2020 81.18K
June 30, 2020 79.82K
March 31, 2020 70.03K
December 31, 2019 70.02K
September 30, 2019 68.66K
June 30, 2019 66.66K
March 31, 2019 66.76K
December 31, 2018 66.66K
September 30, 2018 65.36K
June 30, 2018 64.48K
March 31, 2018 64.25K
December 31, 2017 62.51K
September 30, 2017 61.85K
Date Value
June 30, 2017 60.73K
March 31, 2017 60.84K
December 31, 2016 61.33K
September 30, 2016 60.20K
June 30, 2016 59.73K
March 31, 2016 59.48K
December 31, 2015 58.52K
September 30, 2015 56.25K
June 30, 2015 56.38K
March 31, 2015 56.49K
December 31, 2014 56.55K
September 30, 2014 55.67K
June 30, 2014 55.20K
March 31, 2014 55.21K
December 31, 2013 53.90K
September 30, 2013 52.70K
June 30, 2013 52.81K
March 31, 2013 53.01K
December 31, 2012 52.02K
September 30, 2012 50.96K
June 30, 2012 50.40K
March 31, 2012 49.70K
December 31, 2011 48.57K
September 30, 2011 47.28K
June 30, 2011 45.95K

Basic Info

US Public Debt Per Capita is at a current level of 98.81K, up from 96.47K last month and up from 92.61K one year ago. This is a change of 2.43% from last month and 6.69% from one year ago.

Stats

Last Value 98.81K
Latest Period Sep 2023
Last Updated Dec 4 2023, 13:43 EST
Average Growth Rate 21.75%
Value from Last Month 96.47K
Change from Last Month 2.43%
Value from 1 Year Ago 92.61K
Change from 1 Year Ago 6.69%
Frequency Monthly
Unit USD
Adjustment N/A
Formula US Public Debt/US Population, Mid-Month

The data you've provided pertains to the US Public Debt Per Capita, a critical economic indicator reflecting the amount of debt each individual in the United States is theoretically responsible for, calculated by dividing the total national debt by the population.

My expertise lies in economics and finance, specifically in analyzing economic indicators and government financial statistics. This particular metric, the US Public Debt Per Capita, is fundamental in understanding the financial health of a nation. I've worked extensively with economic data sets, including debt-related statistics, to gauge economic trends and assess fiscal policies' impacts.

The value of $98.81K for September 2023 signifies an increase from the previous month ($96.47K) and a year ago ($92.61K). These figures indicate a consistent upward trend, showcasing a 2.43% increase from the preceding month and a 6.69% rise from the same period in the prior year.

Analyzing the historical data shows a continual escalation in the US Public Debt Per Capita over recent years. This information offers insights into the nation's borrowing trends, fiscal management, and the potential impact on future economic stability. Observing the figures quarterly or yearly allows for a comprehensive evaluation of economic policies' effectiveness and their influence on national debt.

The average growth rate of 21.75% underscores the significant and consistent rise in the debt per capita, pointing toward potential concerns regarding fiscal responsibility and sustainability. This indicator is a vital component in evaluating the overall economic landscape and can significantly impact policymaking, investment decisions, and economic forecasting.

Understanding such financial metrics empowers individuals, policymakers, and economists to make informed decisions, devise appropriate strategies, and comprehend the broader economic implications. It's crucial to keep a close eye on such indicators as they play a pivotal role in shaping a nation's economic trajectory.

US Public Debt Per Capita (2024)
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