How Much Money Do United States Owe China

U.s. debt: who owns it and how big is it? Photograph: Corbis

US federal debt is however a record high. This week it passed a milestone: the quaternary straight year the deficit has passed the $1tn mark. Every bit of today, the national debt stands at $16,066,241,407,385.80 (just over $xvi trillion).

It's an issue that's sure to come up in the first presidential fence this Wednesday.

So, how does the US borrow coin? Treasury bonds are how the Us - and all governments for that matter - borrow hard cash: they effect authorities securities, which other countries and institutions buy. And then, the US national debt is owned mostly in the United states of america - but the $5.4tn foreign-owned debt is owned predominantly by Asian economies.

Nether President Obama's beginning term, that figure has gone up from $3tn, a ascension of 74.i%. Under George W Bush, it went upward too - past 85% over the whole two terms - and 64% in his second term solitary.

Holders of U.s. Treasury bonds, $bn

The US Treasury releases the figures on this every quarter - we accept made them more useable. Then, who has the most?

Graphic by Craig Bloodworth at the Information Lab

The fundamental findings are:
• Equally of July this year, US Treasury bonds owned overseas accounted for $5.4tn of the national debt - up fourteen.6% on last twelvemonth. That'due south not everything - the US now owes over $16tn.
• Red china is the biggest possessor of United states of america Treasury bonds - over $1.14tn. But it's down 12.six% on terminal twelvemonth, bankroll up reports that People's republic of china is selling off its US treasury bonds
• Bonds bought in the U.k. (mainly private investors and pension funds) go far the 8th country on the list at $140.9bn - upwards 13.5% on January 2009 when Obama took over

It reflects a US national debt which has grown starkly, from $seven.8tn in 2005 to busting through the US debt ceiling of $fourteen.294tn last year - co-ordinate to these day past solar day figures.

Roll over the line to go numbers, change the date range. Fullscreen version

Bad as that number is, using the baldheaded total figure is not as representative as using a measure which compares the debt to the size of the economy. That is, debt as a pct of gross domestic product - Gross domestic product. And, looking at that figure upward to the end of 2010 (using OECD data), U.k. is actually worse off than the US.

Scroll over the line to get numbers

The full data is below. What can you lot do with it?

Data summary

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars), HOLDINGS AT Finish OF Menstruation

$bn. Click heading to sort tabular array. Download this data

Land	July 2012.	July 2011.	Jan 2009.	% change, January 2009 to July 2012	% change Jul 2011 to Jul 2012
SOURCE: Us TREASURY NOTES 1) Estimated foreign holdings of U.S. Treasury marketable and non-marketable bills, bonds, and notes reported under the Treasury International Capital (TIC) reporting system are based on almanac Surveys of Foreign Holdings of U.S. Securities and on monthly information. 2) U.k. includes Channel Islands and Mann. 3) Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Islamic republic of iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. 4) Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama. Starting time with new series for June 2006, also includes British Virgin Islands.
Grand Total	5348.v	4668.3	3071.vii	74.1	14.57
China, Mainland	1149.6	1314.9	739.half dozen	55.4	-12.57
Japan	1117.i	885.two	634.viii	76.0	26.ii
Oil Exporters	262.3	244	186.half dozen	twoscore.half dozen	7.v
Brazil	253	219.1	133.5	89.5	15.47
Carib Bnkng Ctrs	246.2	177.ix	177.ane	39.0	38.39
All Other	224.1	193.9	147	52.four	15.58
Taiwan	196.1	147.6	73.3	167.v	32.86
Switzerland	190.1	118.5	62.one	206.1	60.42
Russia	154.three	141.7	119.6	29.0	8.89
Belgium	144.2	86.6	15.6	824.iv	66.51
United Kingdom	140.9	141	124.1	13.five	-0.07
Hong Kong	136.seven	105.ix	71.7	90.7	29.08
Grand duchy of luxembourg	128.3	114.1	87	47.5	12.45
Singapore	92.seven	65.seven	38.5	140.eight	41.1
Ireland	88.2	52.2	50	76.4	68.97
Kingdom of norway	69.nine	23.7	21.9	219.2	194.94
French republic	64.8	45.half-dozen	17.nine	262.0	42.11
Frg	62.8	63	56.two	11.vii	-0.32
Canada	55.vi	46.8	eight.4	561.9	18.8
India	53.9	forty.3	32.v	65.8	33.75
Mexico	53.5	31.1	34.8	53.seven	72.03
Thailand	53	58.4	37.2	42.5	-9.25
Korea, South	44.iii	33.4	31.3	41.five	32.63
Philippines	36.7	30	xi.6	216.4	22.33
Turkey	30	42.8	30.eight	-2.6	-29.91
Republic of chile	29.7	19.6	15.2	95.4	51.53
Poland	29.four	31.9	3.iii	790.9	-7.84
Sweden	28.two	28.4	12.4	127.four	-0.vii
Colombia	28	18.8	11.v	143.5	48.94
Italian republic	27.8	21.3	15.vi	78.2	xxx.52
Israel	25.5	20.ix	16.9	50.9	22.01
Australia	25	twenty.4	vii.8	220.5	22.55
Netherlands	24.6	23.6	16.8	46.iv	4.24
Espana	24	xiv.4	4.2	471.4	66.67
Malaysia	20	15.iii	eight	150.0	30.72
Denmark	14.6	ten.8			35.19
Republic of peru	11.8	nine.6			22.92
S Africa	11.5	10.ane			13.86
Egypt			16.9

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Source: https://www.theguardian.com/news/datablog/2011/jul/15/us-debt-how-big-who-owns

Posted by: norcrosswitilen.blogspot.com

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