Average credit card debt in America refers to the typical amount of outstanding credit card balances held by consumers in the United States. It is calculated by dividing the total amount of credit card debt by the number of people who have credit cards.
As of 2023, the average credit card debt in America is $5,853. This figure has been steadily increasing over the past decade, driven by factors such as rising living costs, stagnant wages, and increased access to credit.