Hawaii government debt U.S. FY 2022 | Statista (2024)

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Hawaii government debt U.S. FY 2022 | Statista? ›

In the fiscal year of 2022, the state debt of Hawaii was about 8.52 billion U.S. dollars. In that same year, the state's local government debt was 7.87 billion U.S. dollars. Comparatively, the state's debt in 2000 stood at 5.59 billion U.S. dollars, and its local government debt at 2.32 billion U.S. dollars.

Hawai'i's 2023 debt balance reached a historic high of $95.2 billion, which accounted for 0.6% of the total nation's debt of $17.3 trillion. In 2023, Hawai'i had a total debt per capita of $82,860—0.3% greater than the previous year and 36.5% higher than the national average of $60,690.

Between fiscal years 2018 and 2022, Hawaii was awarded a total of $14.0 billion in nominal dollars of federal prime contract spending, or an average of $2.8 billion per year. Approximately 85% of the contract spending was awarded by the Department of Defense, followed by the General Services Administration (7.9%).

In the fiscal year of 2022, the state of Nevada had state debt totaling 4.31 billion U.S. dollars.

U.S. state and local government outstanding debt 2021, by state. In 2021, the federal state of California had about 541.24 billion U.S. dollars of debt outstanding, the most out of any state. New York, Texas, Illinois, and Florida rounded out the top five states with the most debt outstanding in 2021.

As of Sept. 30, 2023, the federal debt was $33.2 trillion—up $2.2 trillion from FY 2022—and interest on the debt was $875.5 billion, an increase of $151.9 billion from FY 2022.

In total, other territories hold about $7.4 trillion in U.S. debt. Japan owns the most at $1.1 trillion, followed by China, with $859 billion, and the United Kingdom at $668 billion.

How much has Biden sent to Hawaii? ›

In the days since President Biden declared a major disaster declaration for the state of Hawaii, FEMA has approved more than $5.6 million in assistance to nearly 2,000 households including more than $2.3 million in initial rental assistance.

Services, labour, and taxation. Tourism is Hawaii's largest industry. Expansion has been particularly rapid since World War II, and the growth has resulted in part from continued improvements in transportation and the stimulus provided by the state government and local businesses.

Federal land is managed for many purposes, such as the conservation and development of natural resources, grazing and recreation. The federal government owns 20.3 percent of Hawaii's total land, 833 thousand acres out of 4.1 million total acres. Hawaii ranked 32nd in the nation in federal land ownership.

With a population exceeding 8 million and a GDP rivaling that of many countries, New York City is a powerhouse of commerce and culture. However, it also carries a significant debt burden, with one of the highest debts per capita in the US.

When Nevada became a state in 1864, its constitution explicitly said that the state wouldn't claim any public land that wasn't spoken for. This left the vast majority of Nevada's land in the public estate, managed by the federal government.

What Is Las Vegas Sands's Debt? As you can see below, Las Vegas Sands had US$14.0b of debt at December 2023, down from US$16.0b a year prior.

OK, with that out of the way, the top five most indebted states in terms of economic burden are: Connecticut, New Jersey, Illinois, Hawaii and Delaware.

SBA has approved more than $13 million in federal disaster loans for Hawaiʻi businesses and residents impacted by wildfires. To be considered for all forms of disaster assistance, survivors must first register with FEMA.

Hawaii's combined state and local general revenues were $21.8 billion in FY 2021, or $15,097 per capita. National per capita general revenues were $12,277.