Which countries are in debt to the United States?
Bryan Pereyo, CEO & Founder
The third-highest foreign holder of U.S. debt is Brazil, with $256 billion. European countries hold about $1 trillion in combined U.S. debt; $1.14 trillion if you includeRussia. The largest holder of U.S. debt is, of course, the United States itself; the majority is American-owned
China owes the US the most, with 1.3$ Trillion. (Incidentally while the US owes Chinathe most. Indebting countries that your are in debt to is a surefire way of keeping it stable). But yes; in the grand picture of things; everyone
- Brazil ($247 Billion USD) One of the countries is Brazil, with about $247.3 billion USD owed as of February of 2016. ...
- Ireland ($256 Billion USD) Ireland owns about $256 billion in US debt as of February of 2016. ...
- Japan ($1.13 Trillion USD) ...
- China ( $1.25 Trillion USD) ...
Which agencies own the most Treasurys? Social Security, by a long shot. The U.S. Treasury published a report as of December 31, 2017. The data is in the Monthly Treasury Statement, Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities. It's updated quarterly.
As of that date, the total debt was $20.5 trillion and intragovernmental debt was $5.67 trillion. Here is the breakdown:
- The Social Security Trust Fund and Federal Disability Insurance Trust Fund - $2.820 trillion.
- Office of Personnel Management Retirement - $884 billion.
- Military Retirement Fund - $742 billion.
- Medicare, which includes the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund - $202 billion.
- All other retirement funds - $415 billion.
- Cash on hand to fund federal government operations - $606 billion.
Debt Held by the Public. The public holds the rest of the national debt of $14.7 trillion. Foreign governments and investors hold almost half of it. One-fourth is held by other governmental entities. These include the Federal Reserve, as well as state and local governments. Fifteen percent is held by mutual funds, private pension funds, and holders of savings bonds and Treasury notes. The remaining 10 percent is owned by businesses, like banks and insurance companies. It's also held by an assortment of trusts, companies, and investors.
The U.S. Treasury published the breakdown of holders of the public debt as of December 2017. At that time, the public debt was $14.8 trillion.
- Foreign - $6.285 trillion. At that time, China owned $1.184 trillion and Japan owned $1.061 trillion. That's more than one-third of foreign holdings.
- Federal Reserve - $2.463.
- Mutual funds - $1.788 trillion.
- State and local government, including their pension funds - $934 billion.
- Private pension funds - $385 billion.
- Banks - $633 billion.
- Insurance companies - $344 billion.
- U.S. savings bonds - $160 billion.
- Other holders such as individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses, and other investors - $1.831 trillion.