2026-11-13 01:24:10
The rule of law means that governments, institutions, and individuals are accountable to laws applied fairly and consistently.
The World Justice Project’s 2026 Rule of Law Index measures this across 143 countries using eight factors, including constraints on government power, corruption, fundamental rights, security, regulatory enforcement, and civil and criminal justice.
The following table ranks countries by their 2026 Rule of Law Index scores, ranging from zero (weakest) to one (strongest).
| Rank | Country / Jurisdiction | 2026 Overall Score |
|---|---|---|
| 1 |
Denmark |
0.90 |
| 2 |
Norway |
0.89 |
| 3 |
Finland |
0.87 |
| 4 |
Sweden |
0.86 |
| 5 |
Luxembourg |
0.83 |
| 6 |
Germany |
0.83 |
| 7 |
New Zealand |
0.83 |
| 8 |
Ireland |
0.82 |
| 9 |
Netherlands |
0.82 |
| 10 |
Estonia |
0.82 |
| 11 |
Austria |
0.80 |
| 12 |
Australia |
0.80 |
| 13 |
Canada |
0.80 |
| 14 |
Singapore |
0.79 |
| 15 |
Japan |
0.78 |
| 16 |
Lithuania |
0.78 |
| 17 |
Belgium |
0.78 |
| 18 |
United Kingdom |
0.78 |
| 19 |
Latvia |
0.75 |
| 20 |
Korea, Rep. |
0.74 |
| 21 |
Czechia |
0.73 |
| 22 |
Uruguay |
0.72 |
| 23 |
France |
0.72 |
| 24 |
Hong Kong SAR, China |
0.71 |
| 25 |
Spain |
0.71 |
| 26 |
Slovenia |
0.68 |
| 27 |
Portugal |
0.68 |
| 28 |
Cyprus |
0.67 |
| 29 |
Malta |
0.67 |
| 30 |
United States |
0.67 |
| 31 |
Costa Rica |
0.67 |
| 32 |
Poland |
0.67 |
| 33 |
Barbados |
0.66 |
| 34 |
Chile |
0.66 |
| 35 |
Italy |
0.66 |
| 36 |
United Arab Emirates |
0.64 |
| 37 |
St. Kitts and Nevis |
0.64 |
| 38 |
Slovak Republic |
0.64 |
| 39 |
Antigua and Barbuda |
0.64 |
| 40 |
Rwanda |
0.64 |
| 41 |
Qatar |
0.62 |
| 42 |
St. Vincent and the Grenadines |
0.62 |
| 43 |
St. Lucia |
0.62 |
| 44 |
Croatia |
0.61 |
| 45 |
Romania |
0.61 |
| 46 |
Namibia |
0.61 |
| 47 |
Greece |
0.60 |
| 48 |
Mauritius |
0.60 |
| 49 |
Botswana |
0.60 |
| 50 |
Grenada |
0.59 |
| 51 |
The Bahamas |
0.59 |
| 52 |
Kuwait |
0.58 |
| 53 |
Malaysia |
0.57 |
| 54 |
Dominica |
0.57 |
| 55 |
Georgia |
0.57 |
| 56 |
Jamaica |
0.57 |
| 57 |
Montenegro |
0.57 |
| 58 |
Senegal |
0.56 |
| 59 |
Kosovo |
0.56 |
| 60 |
South Africa |
0.56 |
| 61 |
Jordan |
0.55 |
| 62 |
Ghana |
0.55 |
| 63 |
Bulgaria |
0.55 |
| 64 |
Argentina |
0.54 |
| 65 |
North Macedonia |
0.54 |
| 66 |
Moldova |
0.53 |
| 67 |
Kazakhstan |
0.53 |
| 68 |
Mongolia |
0.53 |
| 69 |
Malawi |
0.52 |
| 70 |
Bosnia and Herzegovina |
0.52 |
| 71 |
Nepal |
0.52 |
| 72 |
Panama |
0.52 |
| 73 |
Trinidad and Tobago |
0.52 |
| 74 |
Sri Lanka |
0.51 |
| 75 |
Indonesia |
0.51 |
| 76 |
Brazil |
0.51 |
| 77 |
Dominican Republic |
0.50 |
| 78 |
Hungary |
0.50 |
| 79 |
Uzbekistan |
0.50 |
| 80 |
Thailand |
0.50 |
| 81 |
Guyana |
0.50 |
| 82 |
Vietnam |
0.50 |
| 83 |
Suriname |
0.50 |
| 84 |
Belize |
0.49 |
| 85 |
Algeria |
0.49 |
| 86 |
The Gambia |
0.49 |
| 87 |
Ukraine |
0.49 |
| 88 |
India |
0.48 |
| 89 |
Tunisia |
0.48 |
| 90 |
Morocco |
0.48 |
| 91 |
Albania |
0.48 |
| 92 |
China |
0.48 |
| 93 |
Peru |
0.47 |
| 94 |
Benin |
0.47 |
| 95 |
Serbia |
0.46 |
| 96 |
Colombia |
0.46 |
| 97 |
Philippines |
0.46 |
| 98 |
Paraguay |
0.45 |
| 99 |
Kyrgyz Republic |
0.45 |
| 100 |
Kenya |
0.45 |
| 101 |
Burkina Faso |
0.45 |
| 102 |
Ecuador |
0.45 |
| 103 |
Liberia |
0.45 |
| 104 |
Belarus |
0.44 |
| 105 |
Tanzania |
0.44 |
| 106 |
Guatemala |
0.44 |
| 107 |
Côte d'Ivoire |
0.44 |
| 108 |
Zambia |
0.44 |
| 109 |
Lebanon |
0.44 |
| 110 |
Sierra Leone |
0.44 |
| 111 |
Madagascar |
0.43 |
| 112 |
Togo |
0.42 |
| 113 |
Angola |
0.42 |
| 114 |
El Salvador |
0.42 |
| 115 |
Honduras |
0.41 |
| 116 |
Niger |
0.41 |
| 117 |
Türkiye |
0.41 |
| 118 |
Guinea |
0.40 |
| 119 |
Gabon |
0.40 |
| 120 |
Nigeria |
0.40 |
| 121 |
Russian Federation |
0.40 |
| 122 |
Zimbabwe |
0.40 |
| 123 |
Bangladesh |
0.39 |
| 124 |
Congo, Rep. |
0.39 |
| 125 |
Mexico |
0.39 |
| 126 |
Uganda |
0.38 |
| 127 |
Mali |
0.38 |
| 128 |
Iran, Islamic Rep. |
0.37 |
| 129 |
Mozambique |
0.37 |
| 130 |
Bolivia |
0.37 |
| 131 |
Pakistan |
0.36 |
| 132 |
Mauritania |
0.36 |
| 133 |
Ethiopia |
0.36 |
| 134 |
Cameroon |
0.35 |
| 135 |
Egypt, Arab Rep. |
0.35 |
| 136 |
Congo, Dem. Rep. |
0.33 |
| 137 |
Myanmar |
0.33 |
| 138 |
Sudan |
0.33 |
| 139 |
Nicaragua |
0.32 |
| 140 |
Cambodia |
0.31 |
| 141 |
Haiti |
0.31 |
| 142 |
Afghanistan |
0.31 |
| 143 |
Venezuela, RB |
0.26 |
Northern Europe dominates the top of the rankings, with Denmark (0.90), Norway (0.89), and Finland (0.87) taking the first three spots. At the opposite end, Venezuela (0.26), Afghanistan, and Haiti occupy the bottom three positions.
The following countries experienced the largest annual declines in their rule of law scores:
| Rank | Country | Annual Change (%) |
|---|---|---|
| 1 |
Haiti |
-5.6% |
| 2 |
Tanzania |
-3.6% |
| 3 |
Sudan |
-2.8% |
| 4 |
Mexico |
-2.7% |
| 5 |
Colombia |
-2.5% |
| 6 |
Nicaragua |
-2.5% |
| 7 |
Iran, Islamic Rep. |
-2.3% |
| 8 |
Indonesia |
-2.3% |
| 9 |
Ecuador |
-2.2% |
| 10 |
Pakistan |
-2.1% |
According to the World Justice Project, weakening checks on executive power, political interference in courts, and shrinking civic freedoms are contributing to the prolonged decline.
Freedom of expression deteriorated in 64% of countries, while freedom of assembly declined in 67%. These trends also threaten press freedom, limiting the ability of citizens and journalists to scrutinize governments.
Meanwhile, the following countries recorded the largest improvements:
| Rank | Country | Annual Change (%) |
|---|---|---|
| 1 |
Latvia |
+1.6% |
| 2 |
Trinidad and Tobago |
+1.2% |
| 3 |
Guatemala |
+1.1% |
| 4 |
Liberia |
+0.9% |
| 5 |
Croatia |
+0.9% |
| 6 |
St. Kitts and Nevis |
+0.8% |
| 7 |
Algeria |
+0.8% |
| 8 |
St. Vincent and the Grenadines |
+0.8% |
| 9 |
Zimbabwe |
+0.7% |
| 10 |
Bolivia |
+0.7% |
Latvia led with a 1.6% increase in its overall score, followed by Trinidad and Tobago (+1.2%) and Guatemala (+1.1%). Liberia and Croatia also registered gains of 0.9% each, showing that progress remains possible despite the broader global trend.
Canada ranks 13th globally with a score of 0.80, compared with the United States in 30th place at 0.67. The gap reflects differences in institutional checks, legal protections, and government accountability.
One of the weaker areas for the U.S. is fundamental rights, where it ranks 49th globally.
Separately, International IDEA reports that several American democracy indicators have reached 50-year lows. These institutional pressures also raise questions about public trust in news and information.
Northern and Western Europe generally maintain strong scores, reflecting established judicial oversight and institutional accountability.
Asia shows greater variation, with Singapore scoring 0.79 and Japan 0.78, compared with China’s 0.48. Similarly, the UAE scores 0.64, while Iran stands at 0.37. These differences illustrate the wide range of legal and institutional conditions within regions.
Explore Visualizing Law and Order Around the World to discover how legal institutions and accountability compare across countries.
2026-11-12 23:58:43
Public schools across the United States receive an average of $21,065 in funding per student, but the amount varies considerably depending on where students live.
This map compares public school funding per student across all 50 states and Washington, D.C., using 2023–24 figures from the National Center for Education Statistics (NCES). The figures measure revenue received from local, state, and federal sources rather than spending exclusively on classroom instruction.
The Northeast leads the nation in public school funding per student. New York tops the rankings at $37,469, followed by Washington, D.C. ($36,698), Vermont ($32,346), and New Jersey ($30,916).
Connecticut and Massachusetts also rank among the top six, highlighting the region’s concentration of well-funded public school systems.
At the other end, North Carolina received $13,227 per student, narrowly below Idaho ($13,319). This means New York received nearly three times as much funding per student as North Carolina.
The table below ranks U.S. states and Washington, D.C., by public school funding per student in 2024.
| Rank | State or District | Public-school funding per student, $ (2024) |
|---|---|---|
| 1 | New York | 37,469 |
| 2 | D.C. | 36,698 |
| 3 | Vermont | 32,346 |
| 4 | New Jersey | 30,916 |
| 5 | Connecticut | 28,075 |
| 6 | Massachusetts | 27,933 |
| 7 | Hawaii | 26,135 |
| 8 | Illinois | 26,107 |
| 9 | New Hampshire | 25,270 |
| 10 | California | 25,265 |
| 11 | Pennsylvania | 25,025 |
| 12 | Rhode Island | 24,706 |
| 13 | Maryland | 23,944 |
| 14 | New Mexico | 23,280 |
| 15 | Wyoming | 23,008 |
| 16 | Maine | 22,556 |
| 17 | Delaware | 22,207 |
| 18 | Oregon | 22,098 |
| 19 | Washington | 21,944 |
| 20 | Alaska | 21,927 |
| 21 | Michigan | 21,318 |
| 22 | Minnesota | 21,146 |
| 23 | North Dakota | 20,776 |
| 24 | Ohio | 19,930 |
| 25 | Colorado | 19,695 |
| 26 | West Virginia | 19,583 |
| 27 | Virginia | 19,333 |
| 28 | Wisconsin | 19,259 |
| 29 | South Carolina | 19,163 |
| 30 | Louisiana | 18,884 |
| 31 | Nevada | 18,619 |
| 32 | Nebraska | 18,541 |
| 33 | Kansas | 18,500 |
| 34 | Georgia | 18,497 |
| 35 | Missouri | 17,774 |
| 36 | Alabama | 17,408 |
| 37 | Iowa | 17,353 |
| 38 | Indiana | 17,113 |
| 39 | Kentucky | 16,976 |
| 40 | Montana | 16,813 |
| 41 | Florida | 16,653 |
| 42 | South Dakota | 16,476 |
| 43 | Texas | 16,159 |
| 44 | Arkansas | 15,555 |
| 45 | Tennessee | 15,440 |
| 46 | Mississippi | 15,256 |
| 47 | Arizona | 15,211 |
| 48 | Oklahoma | 14,244 |
| 49 | Utah | 14,095 |
| 50 | Idaho | 13,319 |
| 51 | North Carolina | 13,227 |
| -- |
U.S. average |
21,065 |
Funding differences are also substantial among the nation’s most populous states. California received $25,265 per student, roughly $9,100 more than Texas and $8,600 more than Florida.
Higher funding does not necessarily translate into proportionately greater resources, however. Regional differences in wages and purchasing power affect how far education dollars go. Several Northeastern states also rank among the best-performing states in education, although funding alone does not explain those outcomes.
School funding depends heavily on decisions made close to home. State and local sources supplied over 88% of public school revenue nationwide in 2023–24, with federal funding providing the remainder.
Local funding relies substantially on property taxes. Districts with more valuable homes and commercial property can raise more money at the same tax rate than districts with smaller tax bases. State aid formulas often aim to narrow this gap by directing more support toward districts with less capacity to raise revenue.
States also make choices about which students need additional resources. California, for example, provides supplemental funding for English learners, students from low-income families, and foster youth, with additional funding where those students represent a large share of enrollment. As a result, statewide averages can conceal substantial differences between districts.
Education is labor-intensive. Salaries and employee benefits accounted for 77% of day-to-day public school spending in 2023–24. These expenses support teachers, classroom aides, counselors, bus drivers, maintenance staff, and other school employees.
The cost of providing these services varies by location. Schools operate in different labor markets, and regional wage differences affect how much funding is needed to hire staff. A larger budget in a high-cost area does not necessarily translate into a proportionately larger workforce.
Student needs and geography also influence costs. Special education, language support, and transportation can require additional resources, while small or isolated districts have fewer students over whom to spread fixed expenses. Understanding whether funding is sufficient therefore requires considering the services schools must provide, alongside the dollars they receive.
To learn more about Americans’ views on federal education policy, check out 2/3 of Americans Say Hands Off the Department of Education on Voronoi.
2026-11-12 22:09:00
A vehicle’s sticker price is only part of what drivers pay over time. Fuel efficiency and powertrain choice can make a significant difference in ongoing expenses, even between versions of the same model.
This visualization compares the estimated monthly fuel and electricity costs of 30 versions of popular U.S. vehicles, including pickup trucks, SUVs, sedans, and electric cars.
The figures come from Kadoa, using underlying information from the U.S. Environmental Protection Agency, U.S. Energy Information Administration, and Cox Automotive.
The calculations assume 900 miles of driving per month, using U.S. gasoline prices as of October 19, 2026, and electricity rates from August 2026. Electric vehicle costs assume home charging.
Diesel-powered pickup trucks top the ranking, with the Chevrolet Silverado having the highest estimated monthly fuel cost at $245, followed closely by the GMC Sierra at $240. The gasoline-powered Ford F-Series ranks third at $203 per month.
| Model | Version | Monthly cost |
|---|---|---|
| Chevrolet Silverado | Diesel | $245 |
| GMC Sierra | Diesel | $240 |
| Ford F-Series | Gas | $203 |
| Ford F-Series | Hybrid | $164 |
| Ford Maverick | Gas | $157 |
| Ford Maverick | Hybrid | $104 |
| Toyota Tacoma | Hybrid | $167 |
| Jeep Wrangler | Hybrid | $153 |
| Jeep Grand Cherokee | Hybrid | $128 |
| Kia Sportage | Gas | $148 |
| Kia Sportage | Hybrid | $101 |
| Hyundai Tucson | Gas | $143 |
| Hyundai Tucson | Hybrid | $104 |
| Honda CR-V | Gas | $131 |
| Honda CR-V | Hybrid | $104 |
| Honda Civic | Gas | $113 |
| Honda Civic | Hybrid | $79 |
| Toyota Corolla | Hybrid | $81 |
| Honda Accord | Hybrid | $84 |
| Hyundai Elantra | Hybrid | $74 |
| Subaru Forester | Hybrid | $110 |
| Subaru Crosstrek | Hybrid | $107 |
| Toyota RAV4 | Hybrid | $94 |
| Toyota Prius | Hybrid | $73 |
| Rivian R1S | Electric | $70 |
| Hyundai Ioniq 5 | Electric | $54 |
| Chevrolet Equinox EV | Electric | $53 |
| Toyota bZ | Electric | $44 |
| Tesla Model 3 | Electric | $43 |
| Tesla Model Y | Electric | $43 |
Larger pickup trucks tend to have higher fuel costs because of their weight, size, and fuel consumption. The estimates also highlight differences between powertrains, with the hybrid Ford F-Series costing $39 less per month than its gasoline counterpart.
Comparing gasoline and hybrid versions of the same model reveals some of the clearest savings. The Ford Maverick’s estimated monthly fuel cost falls from $157 for gasoline to $104 for the hybrid, a difference of $53 per month or $636 a year.
The hybrid Kia Sportage costs $101 per month versus $148 for its gasoline counterpart, while the Honda Civic hybrid comes in at $79 versus $113.
While hybrid versions generally carry a higher upfront purchase price, their improved fuel efficiency can help offset that premium over time, particularly for drivers covering more miles.
Electric vehicles occupy all six of the cheapest positions in the dataset, with estimated monthly charging costs ranging from $43 to $70. The Tesla Model 3 and Model Y tie for the lowest figure at $43 each, followed by the Toyota bZ at $44.
These figures reflect energy expenses rather than total vehicle ownership costs. Purchase prices, insurance, maintenance, and charging arrangements can all affect the overall economics of owning an electric vehicle. Drivers who rely on public fast charging may also face higher electricity costs than those assumed in this comparison.
Despite their higher fuel costs, pickup trucks remain among America’s best-selling vehicles.
According to GoodCarBadCar, the Ford F-Series led U.S. sales with approximately 562,000 units sold through September 2026, followed by the Chevrolet Silverado at 423,000 and the Honda CR-V at 337,000.
In the electric vehicle market, the Tesla Model Y maintained a substantial lead, with an estimated 262,491 U.S. sales, more than double the Model 3’s 106,962, according to Car and Driver.
If you enjoyed today’s post, check out Ranked: Cars That Hold and Lose Their Value the Most on Voronoi.
2026-11-12 20:04:56
Government borrowing has climbed to historic levels, with rising interest costs and mounting spending pressures putting public finances under strain. While the world’s largest economies account for much of the total, debt burdens relative to economic output tell a different story.
This graphic breaks down projected government debt by country in 2026, based on the International Monetary Fund’s October 2026 World Economic Outlook. Figures represent general government gross debt, including liabilities across different levels of government.
The table below ranks countries by their projected government debt in U.S. dollars, with debt-to-GDP ratios providing a measure of each country’s debt burden relative to its economy.
| Rank | Country | Value of Debt (Billions $) | Debt-to-GDP (2026) |
|---|---|---|---|
| 1 |
U.S. |
41,391 | 126.8% |
| 2 |
China |
22,494 | 104.4% |
| 3 |
Japan |
8,658 | 199.4% |
| 4 |
UK |
4,354 | 102.0% |
| 5 |
France |
4,212 | 118.5% |
| 6 |
Italy |
3,726 | 137.9% |
| 7 |
Germany |
3,534 | 64.6% |
| 8 |
India |
3,374 | 83.1% |
| 9 |
Canada |
2,879 | 115.6% |
| 10 |
Brazil |
2,575 | 97.0% |
| 11 |
Spain |
2,035 | 97.6% |
| 12 |
Mexico |
1,351 | 62.1% |
| 13 |
Singapore |
1,111 | 166.4% |
| 14 |
Australia |
1,110 | 52.6% |
| 15 |
South Korea |
1,062 | 47.3% |
| 16 |
Belgium |
848 | 109.8% |
| 17 |
Poland |
755 | 66.6% |
| 18 |
Netherlands |
646 | 45.4% |
| 19 |
Indonesia |
617 | 41.7% |
| 20 |
Russia |
552 | 19.3% |
| 21 |
Argentina |
532 | 69.3% |
| 22 |
Israel |
514 | 68.8% |
| 23 |
Austria |
508 | 82.4% |
| 24 |
Saudi Arabia |
476 | 35.4% |
| 25 |
Switzerland |
435 | 38.3% |
| 26 |
Greece |
414 | 136.0% |
| 27 |
Türkiye |
409 | 22.5% |
| 28 |
Thailand |
403 | 67.2% |
| 29 |
South Africa |
381 | 78.0% |
| 30 |
Malaysia |
379 | 69.2% |
| 31 |
Egypt |
372 | 84.0% |
| 32 |
Colombia |
341 | 59.5% |
| 33 |
Portugal |
319 | 85.1% |
| 34 |
Pakistan |
314 | 69.8% |
| 35 |
Finland |
307 | 90.6% |
| 36 |
Philippines |
304 | 60.5% |
| 37 |
Romania |
294 | 62.6% |
| 38 |
Sweden |
262 | 35.1% |
| 39 |
Norway |
261 | 40.0% |
| 40 |
Ukraine |
256 | 111.8% |
| 41 |
Ireland |
238 | 33.5% |
| 42 |
UAE |
217 | 32.8% |
| 43 |
Taiwan |
215 | 21.1% |
| 44 |
Hungary |
209 | 78.7% |
| 45 |
Bangladesh |
205 | 40.5% |
| 46 |
Czechia |
196 | 45.8% |
| 47 |
Iraq |
174 | 71.1% |
| 48 |
Chile |
172 | 42.8% |
| 49 |
Algeria |
172 | 51.8% |
| 50 |
New Zealand |
156 | 57.1% |
| 51 |
Vietnam |
153 | 28.3% |
| 52 |
Nigeria |
134 | 34.6% |
| 53 |
Denmark |
132 | 26.4% |
| 54 |
Morocco |
130 | 66.6% |
| 55 |
Iran |
122 | 39.1% |
| 56 |
Peru |
114 | 28.6% |
| 57 |
Kenya |
110 | 72.9% |
| 58 |
Sri Lanka |
105 | 95.2% |
| 59 |
Slovakia |
104 | 62.2% |
| 60 |
Sudan |
103 | 334.4% |
| 61 |
Kazakhstan |
95 | 23.8% |
| 62 |
Qatar |
94 | 46.4% |
| 63 |
Dominican Republic |
83 | 57.2% |
| 64 |
Angola |
81 | 51.5% |
| 65 |
Bahrain |
75 | 162.8% |
| 66 |
Libya |
71 | 125.2% |
| 67 |
Costa Rica |
71 | 61.8% |
| 68 |
Ecuador |
71 | 54.5% |
| 69 |
Ghana |
67 | 51.7% |
| 70 |
Croatia |
65 | 56.3% |
| 71 |
Uruguay |
64 | 67.7% |
| 72 |
Hong Kong SAR |
64 | 14.1% |
| 73 |
Côte d'Ivoire |
64 | 57.8% |
| 74 |
Slovenia |
56 | 63.5% |
| 75 |
Panama |
54 | 56.4% |
| 76 |
Tunisia |
54 | 86.1% |
| 77 |
Bolivia |
54 | 100.2% |
| 78 |
Jordan |
54 | 82.5% |
| 79 |
Ethiopia |
52 | 40.7% |
| 80 |
Uzbekistan |
49 | 27.6% |
| 81 |
Bulgaria |
48 | 32.9% |
| 82 |
Lebanon |
48 | 139.4% |
| 83 |
Serbia |
48 | 42.9% |
| 84 |
Lithuania |
47 | 44.7% |
| 85 |
Tanzania |
46 | 48.1% |
| 86 |
Myanmar |
44 | 53.3% |
| 87 |
Uganda |
40 | 55.1% |
| 88 |
Kuwait |
39 | 26.6% |
| 89 |
Oman |
38 | 31.1% |
| 90 |
Guatemala |
36 | 27.5% |
| 91 |
Zambia |
35 | 82.1% |
| 92 |
Belarus |
34 | 31.1% |
| 93 |
El Salvador |
33 | 85.0% |
| 94 |
Luxembourg |
31 | 28.5% |
| 95 |
DR Congo |
29 | 23.7% |
| 96 |
Cameroon |
26 | 40.1% |
| 97 |
Latvia |
25 | 47.0% |
| 98 |
Puerto Rico |
24 | 18.2% |
| 99 |
Paraguay |
23 | 36.6% |
| 100 |
Iceland |
23 | 54.6% |
| 101 |
Cyprus |
23 | 51.4% |
| 102 |
Trinidad and Tobago |
23 | 84.6% |
| 103 |
Mozambique |
23 | 91.0% |
| 104 |
Nepal |
23 | 49.4% |
| 105 |
Zimbabwe |
22 | 33.5% |
| 106 |
Gabon |
22 | 83.7% |
| 107 |
Honduras |
18 | 44.0% |
| 108 |
Papua New Guinea |
17 | 46.8% |
| 109 |
Burkina Faso |
17 | 51.0% |
| 110 |
Albania |
16 | 49.7% |
| 111 |
Benin |
16 | 58.1% |
| 112 |
Armenia |
16 | 48.1% |
| 113 |
Guinea |
16 | 34.8% |
| 114 |
Republic of the Congo |
15 | 80.5% |
| 115 |
Jamaica |
15 | 64.3% |
| 116 |
Mauritius |
15 | 87.6% |
| 117 |
Azerbaijan |
15 | 16.5% |
| 118 |
Laos |
15 | 79.8% |
| 119 |
Georgia |
15 | 33.1% |
| 120 |
Malawi |
14 | 78.0% |
| 121 |
Malta |
14 | 46.4% |
| 122 |
Estonia |
14 | 27.5% |
| 123 |
Mali |
14 | 39.7% |
| 124 |
Mongolia |
14 | 44.1% |
| 125 |
Cambodia |
14 | 25.1% |
| 126 |
Bahamas |
13 | 70.2% |
| 127 |
Namibia |
12 | 67.5% |
| 128 |
Rwanda |
12 | 63.4% |
| 129 |
Bosnia and Herzegovina |
12 | 31.4% |
| 130 |
North Macedonia |
11 | 53.8% |
| 131 |
Niger |
11 | 46.3% |
| 132 |
Maldives |
11 | 130.7% |
| 133 |
Madagascar |
10 | 49.8% |
| 134 |
Guyana |
10 | 25.3% |
| 135 |
West Bank and Gaza |
10 | 55.9% |
| 136 |
Moldova |
9 | 41.8% |
| 137 |
Kyrgyz Republic |
9 | 34.0% |
| 138 |
Botswana |
9 | 40.3% |
| 139 |
Togo |
9 | 64.7% |
| 140 |
Nicaragua |
8 | 31.7% |
| 141 |
Chad |
8 | 31.1% |
| 142 |
Barbados |
8 | 93.8% |
| 143 |
Montenegro |
7 | 66.8% |
| 144 |
Mauritania |
5 | 38.3% |
| 145 |
Fiji |
5 | 78.9% |
| 146 |
Suriname |
5 | 85.1% |
| 147 |
Equatorial Guinea |
5 | 32.9% |
| 148 |
Bhutan |
5 | 116.2% |
| 149 |
Sierra Leone |
4 | 50.1% |
| 150 |
Haiti |
4 | 10.5% |
| 151 |
Tajikistan |
4 | 18.3% |
| 152 |
Cabo Verde |
4 | 109.9% |
| 153 |
South Sudan |
3 | 43.2% |
| 154 |
Eswatini |
3 | 52.5% |
| 155 |
Liberia |
3 | 54.0% |
| 156 |
Burundi |
3 | 40.4% |
| 157 |
Aruba |
3 | 59.6% |
| 158 |
Kosovo |
3 | 18.1% |
| 159 |
Turkmenistan |
2 | 2.9% |
| 160 |
Belize |
2 | 64.6% |
| 161 |
Central African Republic |
2 | 43.5% |
| 162 |
Guinea-Bissau |
2 | 73.9% |
| 163 |
Saint Lucia |
2 | 78.1% |
| 164 |
Gambia |
2 | 67.4% |
| 165 |
Antigua and Barbuda |
2 | 66.8% |
| 166 |
Lesotho |
1 | 47.5% |
| 167 |
Saint Vincent and the Grenadines |
1 | 111.6% |
| 168 |
Djibouti |
1 | 28.7% |
| 169 |
San Marino |
1 | 56.8% |
| 170 |
Andorra |
1 | 27.8% |
| 171 |
Seychelles |
1 | 52.7% |
| 172 |
Grenada |
1 | 66.8% |
| 173 |
Dominica |
1 | 99.7% |
| 174 |
Saint Kitts and Nevis |
1 | 65.1% |
| 175 |
São Tomé and Príncipe |
1 | 55.9% |
| 176 |
Comoros |
1 | 34.7% |
| 177 |
Solomon Islands |
1 | 32.1% |
| 178 |
Vanuatu |
1 | 36.6% |
| 179 |
Timor-Leste |
0.3 | 13.9% |
| 180 |
Samoa |
0.3 | 18.6% |
| 181 |
Brunei Darussalam |
0.2 | 1.3% |
| 182 |
Palau |
0.2 | 53.8% |
| 183 |
Tonga |
0.2 | 24.0% |
| 184 |
Liechtenstein |
0.05 | 0.5% |
| 185 |
Marshall Islands |
0.05 | 13.9% |
| 186 |
Micronesia |
0.04 | 7.7% |
| 187 |
Kiribati |
0.03 | 7.7% |
| 188 |
Naoero |
0.01 | 2.6% |
| 189 |
Tuvalu |
0.00 | 2.5% |
| 190 |
Macao SAR |
0.00 | 0.0% |
The U.S. leads with $41.4 trillion in government debt, representing roughly one-third of the worldwide total.
Over the past decade, the U.S. debt burden has climbed from 107.5% of GDP in 2016 to 126.8% in 2026, as government borrowing has outpaced economic growth. The cost of servicing that debt is also mounting. In fiscal 2026, federal net interest payments reached $1.1 trillion, exceeding military spending by $225 billion.
China ranks second at $22.5 trillion, with government debt projected to surpass 100% of GDP for the first time.
Unlike the U.S., a central source of China’s fiscal pressure is its local government financing system. For years, local authorities relied on borrowing and land-sale revenues to fund infrastructure and development. The property downturn has weakened this revenue model, increasing pressure on public finances.
Despite their different fiscal challenges, both countries illustrate how rising government borrowing is reshaping public finances in the world’s two largest economies.
The countries with the largest debt totals are not necessarily those carrying the heaviest debt burdens. Measured against economic output, government debt is projected to exceed 100% of GDP in 20 economies in 2026, ranging from major industrialized nations to smaller developing economies.
Sudan has the world’s highest debt-to-GDP ratio at 334.4%, followed by Japan at 199.4%. France (118.5%) and Canada (115.6%) also have debt exceeding their annual economic output, while Bolivia sits just above the threshold at 100.2%.
But even countries below this threshold can face considerable financial pressure. Interest costs exceed public spending on health care or education in 51 developing countries, which together are home to 3.7 billion people.
Looking ahead, the IMF projects that global government debt will surpass 100% of GDP by 2030, reaching a level last seen shortly after World War II.
To learn more about this topic, check out this graphic ranking countries by government debt per person.
2026-11-12 01:12:22
After eight consecutive years of decline, global democracy scores edged upward in 2025, but the modest improvement masks significant changes across individual countries.
The Economist Intelligence Unit’s Democracy Index evaluates 167 countries and territories based on elections, government functioning, political participation, political culture, and civil liberties. The latest results reveal where democratic institutions are strengthening and where they remain under pressure.
The following table ranks countries by their 2025 Democracy Index scores, according to the EIU.
| Rank | Country | Score (2025) | EIU category |
|---|---|---|---|
| 1 |
Norway |
9.81 | Full democracy |
| 2 |
New Zealand |
9.62 | Full democracy |
| 3 |
Denmark |
9.42 | Full democracy |
| 4 |
Iceland |
9.38 | Full democracy |
| 5 |
Finland |
9.37 | Full democracy |
| 6 |
Sweden |
9.35 | Full democracy |
| 7 |
Ireland |
9.33 | Full democracy |
| 8 |
Switzerland |
9.32 | Full democracy |
| 9 |
Canada |
9.08 | Full democracy |
| 10 |
Luxembourg |
9.08 | Full democracy |
| 11 |
Netherlands |
8.93 | Full democracy |
| 12 |
Uruguay |
8.92 | Full democracy |
| 13 |
Australia |
8.85 | Full democracy |
| 14 |
Japan |
8.85 | Full democracy |
| 15 |
Taiwan |
8.78 | Full democracy |
| 16 |
Germany |
8.73 | Full democracy |
| 17 |
Austria |
8.42 | Full democracy |
| 18 |
United Kingdom |
8.34 | Full democracy |
| 19 |
Costa Rica |
8.29 | Full democracy |
| 20 |
Portugal |
8.28 | Full democracy |
| 21 |
Mauritius |
8.23 | Full democracy |
| 22 |
Spain |
8.20 | Full democracy |
| 23 |
Czechia |
8.15 | Full democracy |
| 24 |
Estonia |
8.07 | Full democracy |
| 25 |
Greece |
8.07 | Full democracy |
| 26 |
France |
8.05 | Full democracy |
| 27 |
Chile |
7.97 | Flawed democracy |
| 28 |
Malta |
7.93 | Flawed democracy |
| 29 |
Slovenia |
7.82 | Flawed democracy |
| 30 |
Israel |
7.80 | Flawed democracy |
| 31 |
Belgium |
7.77 | Flawed democracy |
| 32 |
South Korea |
7.75 | Flawed democracy |
| 33 |
Latvia |
7.73 | Flawed democracy |
| 34 |
Poland |
7.65 | Flawed democracy |
| 35 |
United States |
7.65 | Flawed democracy |
| 36 |
Botswana |
7.63 | Flawed democracy |
| 37 |
Cape Verde |
7.58 | Flawed democracy |
| 38 |
Italy |
7.58 | Flawed democracy |
| 39 |
Lithuania |
7.55 | Flawed democracy |
| 40 |
Cyprus |
7.45 | Flawed democracy |
| 41 |
South Africa |
7.16 | Flawed democracy |
| 42 |
Malaysia |
7.11 | Flawed democracy |
| 43 |
Trinidad and Tobago |
7.09 | Flawed democracy |
| 44 |
Panama |
7.04 | Flawed democracy |
| 45 |
Suriname |
7.03 | Flawed democracy |
| 46 |
Timor-Leste |
6.97 | Flawed democracy |
| 47 |
India |
6.96 | Flawed democracy |
| 48 |
Slovakia |
6.94 | Flawed democracy |
| 49 |
Argentina |
6.89 | Flawed democracy |
| 50 |
Brazil |
6.76 | Flawed democracy |
| 51 |
Dominican Republic |
6.75 | Flawed democracy |
| 52 |
Jamaica |
6.74 | Flawed democracy |
| 53 |
Montenegro |
6.73 | Flawed democracy |
| 54 |
Thailand |
6.59 | Flawed democracy |
| 55 |
Hungary |
6.58 | Flawed democracy |
| 56 |
Sri Lanka |
6.57 | Flawed democracy |
| 57 |
Croatia |
6.50 | Flawed democracy |
| 58 |
Mongolia |
6.50 | Flawed democracy |
| 59 |
Namibia |
6.48 | Flawed democracy |
| 60 |
Indonesia |
6.37 | Flawed democracy |
| 61 |
Bulgaria |
6.34 | Flawed democracy |
| 62 |
Philippines |
6.31 | Flawed democracy |
| 63 |
Serbia |
6.30 | Flawed democracy |
| 64 |
North Macedonia |
6.28 | Flawed democracy |
| 65 |
Ghana |
6.24 | Flawed democracy |
| 66 |
Lesotho |
6.23 | Flawed democracy |
| 67 |
Albania |
6.20 | Flawed democracy |
| 68 |
Singapore |
6.18 | Flawed democracy |
| 69 |
Romania |
6.11 | Flawed democracy |
| 70 |
Malawi |
6.10 | Flawed democracy |
| 71 |
Guyana |
6.09 | Flawed democracy |
| 72 |
Senegal |
6.05 | Flawed democracy |
| 73 |
Colombia |
6.04 | Flawed democracy |
| 74 |
Paraguay |
6.04 | Flawed democracy |
| 75 |
Papua New Guinea |
5.90 | Hybrid regime |
| 76 |
Peru |
5.88 | Hybrid regime |
| 77 |
Moldova |
5.86 | Hybrid regime |
| 78 |
Zambia |
5.82 | Hybrid regime |
| 79 |
Bhutan |
5.65 | Hybrid regime |
| 80 |
Liberia |
5.57 | Hybrid regime |
| 81 |
Mexico |
5.40 | Hybrid regime |
| 82 |
Fiji |
5.39 | Hybrid regime |
| 83 |
Bolivia |
5.38 | Hybrid regime |
| 84 |
Armenia |
5.35 | Hybrid regime |
| 85 |
Bosnia and Herzegovina |
5.23 | Hybrid regime |
| 86 |
Ecuador |
5.20 | Hybrid regime |
| 87 |
Tanzania |
5.13 | Hybrid regime |
| 88 |
Madagascar |
5.06 | Hybrid regime |
| 89 |
Kenya |
5.05 | Hybrid regime |
| 90 |
Hong Kong |
5.03 | Hybrid regime |
| 91 |
Morocco |
4.97 | Hybrid regime |
| 92 |
Honduras |
4.87 | Hybrid regime |
| 93 |
Ukraine |
4.79 | Hybrid regime |
| 94 |
Guatemala |
4.65 | Hybrid regime |
| 95 |
Tunisia |
4.65 | Hybrid regime |
| 96 |
El Salvador |
4.57 | Hybrid regime |
| 97 |
Gambia |
4.47 | Hybrid regime |
| 98 |
Sierra Leone |
4.44 | Hybrid regime |
| 99 |
Georgia |
4.36 | Hybrid regime |
| 100 |
Uganda |
4.31 | Hybrid regime |
| 101 |
Bangladesh |
4.27 | Hybrid regime |
| 102 |
Benin |
4.26 | Hybrid regime |
| 103 |
Turkey |
4.26 | Hybrid regime |
| 104 |
Ivory Coast |
4.24 | Hybrid regime |
| 105 |
Nigeria |
4.10 | Hybrid regime |
| 106 |
Nepal |
4.01 | Hybrid regime |
| 107 |
Angola |
3.94 | Authoritarian |
| 108 |
Mauritania |
3.84 | Authoritarian |
| 109 |
Lebanon |
3.81 | Authoritarian |
| 110 |
Algeria |
3.55 | Authoritarian |
| 111 |
Gabon |
3.49 | Authoritarian |
| 112 |
Palestine |
3.44 | Authoritarian |
| 113 |
Mozambique |
3.38 | Authoritarian |
| 114 |
Rwanda |
3.34 | Authoritarian |
| 115 |
Jordan |
3.28 | Authoritarian |
| 116 |
Kyrgyzstan |
3.27 | Authoritarian |
| 117 |
United Arab Emirates |
3.18 | Authoritarian |
| 118 |
Qatar |
3.17 | Authoritarian |
| 119 |
Ethiopia |
3.13 | Authoritarian |
| 120 |
Iraq |
3.13 | Authoritarian |
| 121 |
Oman |
3.05 | Authoritarian |
| 122 |
Zimbabwe |
2.98 | Authoritarian |
| 123 |
Kazakhstan |
2.91 | Authoritarian |
| 124 |
Togo |
2.88 | Authoritarian |
| 125 |
Comoros |
2.81 | Authoritarian |
| 126 |
Haiti |
2.81 | Authoritarian |
| 127 |
Azerbaijan |
2.80 | Authoritarian |
| 128 |
Egypt |
2.79 | Authoritarian |
| 129 |
Republic of the Congo |
2.79 | Authoritarian |
| 130 |
Kuwait |
2.78 | Authoritarian |
| 131 |
Cambodia |
2.70 | Authoritarian |
| 132 |
Djibouti |
2.70 | Authoritarian |
| 133 |
Vietnam |
2.62 | Authoritarian |
| 134 |
Eswatini |
2.60 | Authoritarian |
| 135 |
Cuba |
2.58 | Authoritarian |
| 136 |
Cameroon |
2.56 | Authoritarian |
| 137 |
Burkina Faso |
2.55 | Authoritarian |
| 138 |
Bahrain |
2.45 | Authoritarian |
| 139 |
Pakistan |
2.44 | Authoritarian |
| 140 |
Mali |
2.40 | Authoritarian |
| 141 |
Libya |
2.31 | Authoritarian |
| 142 |
China |
2.24 | Authoritarian |
| 143 |
Guinea |
2.15 | Authoritarian |
| 144 |
Burundi |
2.13 | Authoritarian |
| 145 |
Venezuela |
2.13 | Authoritarian |
| 146 |
Uzbekistan |
2.10 | Authoritarian |
| 147 |
Saudi Arabia |
2.08 | Authoritarian |
| 148 |
Russia |
2.03 | Authoritarian |
| 149 |
Belarus |
1.99 | Authoritarian |
| 150 |
Eritrea |
1.97 | Authoritarian |
| 151 |
Nicaragua |
1.97 | Authoritarian |
| 152 |
Iran |
1.96 | Authoritarian |
| 153 |
Niger |
1.95 | Authoritarian |
| 154 |
Yemen |
1.95 | Authoritarian |
| 155 |
Tajikistan |
1.94 | Authoritarian |
| 156 |
DR Congo |
1.92 | Authoritarian |
| 157 |
Equatorial Guinea |
1.92 | Authoritarian |
| 158 |
Chad |
1.76 | Authoritarian |
| 159 |
Laos |
1.71 | Authoritarian |
| 160 |
Turkmenistan |
1.54 | Authoritarian |
| 161 |
Sudan |
1.46 | Authoritarian |
| 162 |
Guinea-Bissau |
1.37 | Authoritarian |
| 163 |
Syria |
1.37 | Authoritarian |
| 164 |
Central African Republic |
1.18 | Authoritarian |
| 165 |
North Korea |
1.08 | Authoritarian |
| 166 |
Myanmar |
0.96 | Authoritarian |
| 167 |
Afghanistan |
0.25 | Authoritarian |
Nordic countries dominate the top of the rankings, with Norway, Denmark, Finland, Sweden, and Iceland all placing among the world’s six highest-scoring democracies. New Zealand ranks second globally, while Canada and Luxembourg round out the top 10.
At the other end of the spectrum, Afghanistan scores just 0.25 out of 10. Overall, only 15.6% of countries and territories qualify as full democracies, compared with 36.5% classified as authoritarian.
The global average edged upward from 5.17 to 5.19. However, Freedom House recorded its 20th consecutive year of declining global freedom, highlighting continued threats to civil liberties.
The table below shows the 10 largest score decreases between 2024 and 2025.
| Rank | Country | Score 2024 | Score 2025 | Change (index points) |
|---|---|---|---|---|
| 1 |
Guinea-Bissau |
2.03 | 1.37 | -0.66 |
| 2 |
Nepal |
4.60 | 4.01 | -0.59 |
| 3 |
Pakistan |
2.84 | 2.44 | -0.40 |
| 4 |
Georgia |
4.70 | 4.36 | -0.34 |
| 5 |
India |
7.29 | 6.96 | -0.33 |
| 6 |
Philippines |
6.63 | 6.31 | -0.32 |
| 7 |
Colombia |
6.35 | 6.04 | -0.31 |
| 8 |
Niger |
2.26 | 1.95 | -0.31 |
| 9 |
Madagascar |
5.33 | 5.06 | -0.27 |
| 10 |
Slovakia |
7.21 | 6.94 | -0.27 |
Guinea-Bissau recorded the steepest decline (-0.66), followed by Nepal (-0.59) and Pakistan (-0.40). India also fell by 0.33 points, bringing its score below 7.0, while the Philippines and Colombia registered notable declines.
Guinea-Bissau’s sharp deterioration followed a November 2025 military coup that disrupted elections and undermined civilian rule. Nepal’s political upheaval and Pakistan’s continuing military influence also exposed institutional weaknesses, while restrictions on political opposition and civil liberties contributed to broader democratic backsliding.
The following table highlights the 10 largest improvements recorded by the EIU.
| Rank | Country | Score 2024 | Score 2025 | Change (index points) |
|---|---|---|---|---|
| 1 |
Gabon |
2.18 | 3.49 | +1.31 |
| 2 |
Bolivia |
4.26 | 5.38 | +1.12 |
| 3 |
Canada |
8.69 | 9.08 | +0.39 |
| 4 |
Argentina |
6.51 | 6.89 | +0.38 |
| 5 |
Sri Lanka |
6.19 | 6.57 | +0.38 |
| 6 |
Japan |
8.48 | 8.85 | +0.37 |
| 7 |
Iraq |
2.80 | 3.13 | +0.33 |
| 8 |
Thailand |
6.27 | 6.59 | +0.32 |
| 9 |
Brazil |
6.49 | 6.76 | +0.27 |
| 10 |
Lebanon |
3.56 | 3.81 | +0.25 |
Gabon recorded the largest gain (+1.31), followed by Bolivia (+1.12). Canada also improved by 0.39 points, climbing into the global top 10. Nevertheless, Gabon remains classified as authoritarian despite its substantial improvement.
Gabon’s gains followed its April 2025 presidential election, which marked a transition away from direct military rule, although significant democratic constraints remain. Bolivia’s improvement reflected competitive elections and a peaceful transfer of power, demonstrating how political transitions can strengthen democratic institutions even after prolonged instability.
The United States dropped six places to 34th globally, with its Democracy Index score falling from 7.85 to 7.65, its lowest level since the index began in 2006, according to Pew Research Center.
The decline puts the U.S. well behind neighboring Canada, which scored 9.08. The two countries now sit in different categories: Canada is classified as a full democracy, while the U.S. remains a flawed democracy.
The deterioration reflects concerns about executive power, weakened institutional checks, and civil liberties. The V-Dem Institute also identifies significant democratic backsliding in America, raising questions about Washington’s ability to champion democratic institutions internationally.
For another perspective on democratic institutions, explore Satisfaction with Democracy Declined in High-Income Nations on Voronoi.
2026-11-11 23:41:10

Roughly two in five owner-occupied homes in the U.S. are owned free and clear. In some states, more than half of homeowners have no mortgage at all.
This map shows the share of owner-occupied homes without a mortgage in all 50 states and Washington, D.C., using the U.S. Census Bureau’s 2025 American Community Survey. Mortgage-free homes have no mortgage, home equity loan, or similar debt secured by the property.
West Virginia leads with 56.6% of owner-occupied homes mortgage-free, 3.9 percentage points ahead of Mississippi at 52.7%. They are the only two states where more than half of owner-occupied homes have no mortgage.
Lower home prices may help explain part of the difference. The median owner-occupied home in West Virginia is worth about $176,000, less than a quarter of California’s $771,000. In California, just 34.4% of owner-occupied homes are mortgage-free.
Here are all 50 states and Washington, D.C., ranked by the share of owner-occupied homes without a mortgage in 2025:
| Rank | State or District | Mortgage-Free Owner-Occupied Homes, 2025 (%) |
|---|---|---|
| 1 | West Virginia | 56.6 |
| 2 | Mississippi | 52.7 |
| 3 | New Mexico | 50.0 |
| 4 | Louisiana | 49.1 |
| 5 | North Dakota | 48.9 |
| 6 | Oklahoma | 48.6 |
| 7 | South Dakota | 48.4 |
| 8 | Arkansas | 47.3 |
| 9 | Alabama | 46.7 |
| 10 | Kentucky | 46.2 |
| 11 | Montana | 46.1 |
| 12 | Florida | 45.3 |
| 13 | Texas | 44.7 |
| 14 | Kansas | 44.7 |
| 15 | Wyoming | 44.5 |
| 16 | New York | 44.4 |
| 17 | Maine | 44.2 |
| 18 | Tennessee | 44.1 |
| 19 | Pennsylvania | 44.0 |
| 20 | Alaska | 43.8 |
| 21 | South Carolina | 43.8 |
| 22 | Michigan | 43.4 |
| 23 | Vermont | 43.4 |
| 24 | Nebraska | 42.4 |
| 25 | Iowa | 42.2 |
| 26 | Missouri | 41.4 |
| 27 | Wisconsin | 41.3 |
| 28 | Ohio | 41.3 |
| 29 | Hawaii | 40.6 |
| 30 | Illinois | 40.5 |
| 31 | New Hampshire | 40.5 |
| 32 | North Carolina | 39.8 |
| 33 | Idaho | 39.5 |
| 34 | Indiana | 38.9 |
| 35 | Arizona | 38.7 |
| 36 | Georgia | 38.5 |
| 37 | Delaware | 38.2 |
| 38 | Oregon | 37.8 |
| 39 | New Jersey | 37.5 |
| 40 | Minnesota | 37.4 |
| 41 | Connecticut | 37.1 |
| 42 | Washington | 36.1 |
| 43 | Rhode Island | 35.9 |
| 44 | Nevada | 35.9 |
| 45 | Massachusetts | 35.2 |
| 46 | Virginia | 34.8 |
| 47 | California | 34.4 |
| 48 | Utah | 33.2 |
| 49 | Colorado | 31.6 |
| 50 | Maryland | 30.6 |
| 51 | District of Columbia | 26.5 |
| -- |
U.S. Average |
41.0 |
Seven of the top 10 states are in the South. The Census Bureau also found that rural counties were more likely than urban counties to have high shares of mortgage-free homes, based on its 2024 five-year estimates.
Maryland has the lowest share among states, at 30.6%, while Washington, D.C., is lower still at 26.5%. Both have relatively expensive housing: typical home values reached about $428,000 in Maryland and $570,000 in D.C. in August 2026, compared with $369,000 nationally.
Higher home prices generally mean larger loans for buyers making the same percentage down payment, potentially making it harder to pay off a mortgage.
Nationally, about 64% of homeowners age 65 and older own their homes free and clear, compared with 20% of homeowners under 35.
Older homeowners have had decades to pay down their loans. With a typical fixed-rate mortgage, early payments go largely toward interest, while later payments increasingly reduce the principal. This gives long-established owners an advantage over recent buyers.
Owning a home outright can also make retirement more affordable by eliminating monthly mortgage payments. The Federal Reserve finds that even among lower-income adults, older people are much more likely to own their homes outright.
However, mortgage-free doesn’t mean housing-cost-free. In 2025, median monthly owner costs were $703 for homes without a mortgage, compared with $2,163 for those with one. Even homeowners who have paid off their loans must still cover property taxes, insurance, utilities, and other expenses.
Still, eliminating a monthly mortgage payment can make a substantial difference to household finances, particularly for retirees living on fixed incomes.
If you enjoyed today’s post, check out Why Can’t Americans Pay Their Mortgage? on Voronoi.