California Debt Bigger Than Brazil, Mexico or India

Congratulations. people of California, it’s a bouncing 335 billion dollar debt. That’s more than the debts of Argentina, Czechoslovakia and Israel combined.

If California were a country, its debt would actually be the 25th largest in the world, right behind South Korea and ahead of Brazil. Despite only having a population of 37 million, California’s debt is bigger than those of much larger and poorer countries like Brazil, with a population of nearly 200 million, India, with a population of 1.2 billion and Pakistan, with around 176 million people. It’s half the debt of China.

That pile of debt comes out to around 9,000 dollars per Californian. The good news is that’s still well below the national debt per citizen share. For that to happen, California would need to hit a 1.8 trillion dollar debt to get there.

So another term of Jerry Brown should do it.

  • You're Anidiot

    25th largest debt? sure….but California is the 7th largest economy in the world…so it makes sense that they would have a debt in proportion to this…as such, they are actually not doing so bad.

    it helps to look at the bigger picture and not try to paint the picture you want to see…good luck

  • Steve

    Actually CA's paper debt is about 3X that plus another 500 billion or so in unfunded pension & healthcare liabilities, and that doesn't include the future debts of CA massive indigent alien population.

    The true figure for CA debt sum is closer to 1.5 trillion. or $42,857 in current debts for every man, woman and child in the state, even at 5% interest that's $2,142 a year in interest expense alone (@5%) for every man woman and child in the state and we all know CA ain't borrowing @5%.