Which foreign government holds the most US debt?
- Japan. Japan held $1,303 billion in Treasury securities as of January 2022, beating out China as the largest foreign holder of U.S. debt.
- China. China gets a lot of attention for holding a big chunk of the U.S. government’s debt.
- United Kingdom.
- Luxembourg.
Do any countries owe the U.S. money?
Then there are the countries that owe America money. Even though Japan holds the biggest amount of U.S. debt, the U.S. is also owed a lot of money by them too….Debts and Debtors of the US Government.
| Country Name | Value of Holdings (Billions of $) |
|---|---|
| Japan | 1,090.8 |
| Mainland China | 1,058.4 |
| Ireland | 288.2 |
| Cayman Islands | 263.5 |
How much US debt is owned by China?
$1.065 trillion
China has steadily accumulated U.S. Treasury securities over the last few decades. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan.
Who owns most of America’s debt?
The public holds over $22 trillion of the national debt. 3 Foreign governments hold a large portion of the public debt, while the rest is owned by U.S. banks and investors, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and holders of savings bonds.
Why May foreign ownership of U.S. debt be bad for the United States?
The short answer is these more extreme risks are unlikely to materialize, but the United States continued dependence on foreign borrowing is a significant vulnerability in the event of shock, such as a collapse in U.S. housing prices, or an extreme national security breach, that might slow the inflow of new funds into …
What happens if China sells US debt?
First, total US debt is roughly $30 trillion. If China sold all its debt, it is only 3.6% of all outstanding US debt. A shock to the system maybe, on the day it happens, but just a temporary shock, not a death blow. Second, consider what’s happened to our budget deficit the last couple of years.
What percentage of U.S. debt is foreign owned?
33%
Foreign holdings In December 2020, foreigners held 33% ($7 trillion out of $21.6 trillion) of publicly held US debt; of this $7 trillion, $4.1 trillion (59.2%) belonged to foreign governments and $2.8 trillion (40.8%) to foreign investors.