How much is the United States worth?

How much is all the land in the US worth?

New Estimates of Value of Land of the United States (PDF)

Estimates suggest that this 1.89 billion acres of land are collectively worth approximately $23 trillion in 2009 (current prices), with 24% of the land area and $1.8 trillion of the value held by the federal government.

What countries still owe the US money?

Who owns most US debt?

How can the US get out of debt?

Of course, just as with an individual or family, cutting spending and increasing revenue are smart first steps. Beyond that, the government considers things like new taxes, a higher retirement age, removing loopholes from the tax code, and more to reduce annual deficits and the national debt.

How much would America be worth?

He also determined values for every state. California is worth the most at $3.9 trillion and Vermont is worth the least at a paltry $44 billion. On a per acre basis, New Jersey has the most valuable land at $196,410 an acre and Wyoming the least, $1,557 an acre.

How much is China worth?

As of 2022, China had a per capita net worth of around $75,731. With a total wealth of around $84.48 trillion, China shares almost 18.6% of the total share of global wealth.

How rich is America as a whole?

The U.S. continues to have the world's largest economy—with GDP topping $25.7 trillion in 2022—but also a firearm homicide rate far higher than most other wealthy countries. Only countries with populations of less than 10 million have a higher GDP per capita than the United States.

Who is the US most in debt to?

Japan and China have been the largest foreign holders of US debt for the last two decades. From 2000 to 2023, annual totals are based on data from December, while the 2024 data is updated through April.

Who owns over 70% of the US debt?

Who owns the most U.S. debt? Around 70 percent of U.S. debt is held by domestic financial actors and institutions in the United States. U.S. Treasuries represent a convenient, liquid, low-risk store of value.

How much money does China owe the United States?

China is one of the United States's largest creditors, owning about $859.4 billion in U.S. debt. It doesn't own the most U.S. debt of any foreign country, however. Nations borrowing from each other may be as old as the concept of money.

What country has no debt?

Given the significance of oil in today's world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

Who does the US borrow money from?

How the Federal Government Borrows Money. The federal government borrows money from the public by issuing securities—bills, notes, and bonds—through the Treasury. Treasury securities are attractive to investors because they are: Backed by the full faith and credit of the United States government.

What happens if China dumps US bonds?

If China (or any other nation that has a trade surplus with the U.S.) stops buying U.S. Treasuries or even starts dumping its U.S. forex reserves, its trade surplus would become a trade deficit—something which no export-oriented economy would want, as they would be worse off as a result.

What person owns the most land in US?

The largest private landowner in the United States is the Emmerson family, which owns and operates Sierra Pacific Industries, one of the largest lumber producers in the country.

How much does 1 acre of land cost US?

The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,170 per acre for 2024, up $200 per acre (5.0 percent) from 2023. The United States cropland value averaged $5,570 per acre, an increase of $250 per acre (4.7 percent) from the previous year.

What is the value of the US?

The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP).