51. Puerto Rico
Fiscal condition index: -3.15*
* Mercatus Research ranked the fiscal health of all 50 states and Puerto Rico based information from each state’s audited financial report. Mercatus, a libertarian-leaning think tank, developed an index based on 14 fiscal metrics across five categories — cash solvency, budget solvency, long-run solvency, the ability to increase spending on services, and trust fund solvency (including unfunded pension and health care liabilities). The full report and details about the methodology are available here.
