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GAO GAO-25-107560: U.S. Territories: Public Debt and Economic Outlook – 2025 Update

Collection
Audits & Oversight
Entity
GVI fiscal condition
Date
2025-06-30
Type
Audit
Identifiers
GAO-21-508, GAO-19-525, GAO-18-160, GAO-18-387, P.L. 118-5, P.L. 114-187

U.S. TERRITORIES Public Debt and Economic Outlook — 2025 Update Report to Congressional Committees June 2025 GAO-25-107560 United States Government Accountability Office United States Government Accountability Office Highlights Highlights of GAO-25-107560, a report to congressional committees June 2025 U.S. TERRITORIES Public Debt and Economic Outlook – 2025 Update What GAO Found The U.S. territories’ levels of public debt vary, along with the factors that affect each of their capacities for economic growth and debt repayment. To assess their ability to repay debt, GAO used the most recently available audited financial statements. Audited financial statements for some territories are almost 2 years late, and independent auditors have identified issues that raise data reliability concerns for the available statements. These financial reporting limitations can lead to poor financial decisions and lost access to capital markets. Geographic Locations of U.S. …

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