From taxfoundation.org. Figures are for 2007.
Five most-indebted state governments:
| State | Per capita public debt |
Rank | As % of state GDP |
|---|---|---|---|
| Massachusetts | $10,546 | 1 | 19.78% |
| Alaska | $9,630 | 2 | 14.96% |
| Rhode Island | $7,994 | 3 | 18.18% |
| Connecticut | $6,812 | 4 | 11.32% |
| Delaware | $6,105 | 5 | 8.76% |
Five least-indebted state governments:
| State | Per capita public debt |
Rank | As % of state GDP |
|---|---|---|---|
| Arizona | $1,527 | 46 | 3.94% |
| Nebraska | $1,242 | 47 | 2.83% |
| Georgia | $1,204 | 48 | 2.94% |
| Texas | $1,011 | 49 | 2.16% |
| Tennessee | $677 | 50 | 1.73% |
Massachusetts was the worst state in both absolute dept per capita and debt per capita in terms of state GDP. Tennessee was the best on both measures, with Texas second best on both.
Hat tip to Philip Greenspun.
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Wow, what’s up with Alaska? Aren’t they flush with petrodollars?
They are the odd man out, aren’t they? Only blue state in that bunch and only one where free airplane tickets don’t apply. “Offer not valid in Alaska and Hawaii – the freak states.”