Source: Visual Capitalist
The US government owes trillions of dollars in debt to foreign entities. This debt includes US treasury bonds, which many countries buy because they are considered one of the safest investment options.
What is US debt?
Japan is the largest foreign holder of US debt. It surpassed China as the top holder in 2019. It has $1,076 billion of US treasury holdings.
Japan
China has the second-highest share of US debt. It has $ 867 billion of US treasury securities.
China
United Kingdom holds the third highest share of US debt. It has $655 billion of US treasury holdings.
United Kingdom
Belgium has $345 billion of US treasury holdings, making it the fourth-highest foreign holder of US debt.
Belgium
Luxembourg holds about 4.5 per cent of total US debt, with $329 billion in US treasury.
Luxembourg
The Cayman Islands, a British Overseas Territory, has $284 billion of US treasury holdings.
Cayman Islands