Georgia and the national debt

Federal money in and out of Georgia

In fiscal year 2025 the IRS collected $145.09 billion in Georgia — $12,837 per resident, 17% below the national average. That ranks 27th highest of the 50 states and DC.

Federal grants to Georgia — Medicaid, highways, education and hundreds of smaller programs, mostly paid to the state and local governments — came to $27.88 billion in fiscal year 2025. That is $2,467 per resident, 30% below the national average — 48th highest of the 50 states and DC.

Total federal contract and payment obligations are not compared by state: USAspending records large Medicare payments where the claims contractor or insurer is based. In fiscal year 2025 that placed about $90 billion of health spending on North Dakota, home of a major Medicare contractor. Grants are recorded with the state and local bodies that receive them, so they are the comparable figure.

Taxes and grants are not subtracted here either: taxes are counted where they are filed, often at a company’s headquarters. For an adjusted state balance of payments, see the Rockefeller Institute of Government.

In total that is $62,070 per adult with a credit record, about the same as the US figure of $63,200 — 20th highest of the 50 states and DC. 13.9% of credit card balances were 90 or more days late, against 12.4% nationally.

Georgia’s economy

Georgia produced $924.83 billion of goods and services in 2025, 3.0% of US GDP. Per resident that is $81,823, 25th highest of the 50 states and DC. Measured by economic weight rather than headcount, its share of the national debt would be $1.20 trillion.

Common questions