How Much Money Do We Owe Other Countries

US debt: who owns information technology and how big is it? Photograph: Corbis

U.s.a. federal debt is still a record high. This calendar week it passed a milestone: the fourth straight yr the arrears has passed the $1tn mark. Every bit of today, the national debt stands at $16,066,241,407,385.eighty (simply over $16 trillion).

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

So, how does the US borrow money? Treasury bonds are how the US - and all governments for that thing - borrow difficult greenbacks: they issue government securities, which other countries and institutions purchase. And so, the US national debt is owned generally in the Usa - merely the $5.4tn foreign-endemic debt is endemic predominantly by Asian economies.

Under President Obama's showtime term, that figure has gone upwards from $3tn, a rise of 74.1%. Under George West Bush, it went up besides - by 85% over the whole two terms - and 64% in his 2d term alone.

Holders of US Treasury bonds, $bn

The US Treasury releases the figures on this every quarter - we take made them more useable. And then, who has the about?

Graphic by Craig Bloodworth at the Data Lab

The key findings are:
• As of July this year, US Treasury bonds owned overseas deemed for $5.4tn of the national debt - up fourteen.6% on terminal year. That's not everything - the US now owes over $16tn.
• China is the biggest owner of U.s. Treasury bonds - over $ane.14tn. But information technology's down 12.6% on last year, backing up reports that Prc is selling off its U.s.a. treasury bonds
• Bonds bought in the United kingdom of great britain and northern ireland (mainly private investors and pension funds) brand it the eighth country on the list at $140.9bn - up thirteen.5% on January 2009 when Obama took over

Information technology reflects a Us national debt which has grown starkly, from $seven.8tn in 2005 to busting through the US debt ceiling of $14.294tn terminal yr - according to these day by day figures.

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

Bad as that number is, using the bald total figure is not as representative equally using a mensurate which compares the debt to the size of the economy. That is, debt as a pct of gross domestic product - GDP. And, looking at that figure upwards to the stop of 2010 (using OECD data), United kingdom is actually worse off than the Usa.

Roll over the line to get numbers

The full data is beneath. What can y'all exercise with it?

Information summary

MAJOR Strange HOLDERS OF TREASURY SECURITIES (in billions of dollars), HOLDINGS AT END OF PERIOD

$bn. Click heading to sort table. Download this information

State	July 2012.	July 2011.	Jan 2009.	% modify, Jan 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 Majuscule (TIC) reporting system are based on annual Surveys of Foreign Holdings of U.Southward. Securities and on monthly data. 2) United Kingdom includes Channel Islands and Isle of Human being. 3) Oil exporters include Republic of ecuador, Venezuela, Republic of indonesia, Bahrain, Iran, Iraq, Kuwait, Sultanate of oman, Qatar, Saudi arabia, the United Arab Emirates, People's democratic republic of algeria, Gabonese republic, Libya, and Nigeria. 4) Caribbean Banking Centers include Bahama islands, Bermuda, Cayman Islands, Netherlands Antilles and Panama. Showtime with new series for June 2006, also includes British Virgin Islands.
G Total	5348.v	4668.three	3071.7	74.i	14.57
China, Mainland	1149.half dozen	1314.9	739.vi	55.4	-12.57
Japan	1117.i	885.2	634.8	76.0	26.2
Oil Exporters	262.3	244	186.half-dozen	twoscore.vi	7.5
Brazil	253	219.1	133.five	89.five	15.47
Carib Bnkng Ctrs	246.two	177.nine	177.1	39.0	38.39
All Other	224.i	193.9	147	52.iv	15.58
Taiwan	196.ane	147.half-dozen	73.3	167.5	32.86
Switzerland	190.one	118.five	62.1	206.ane	60.42
Russia	154.three	141.7	119.half dozen	29.0	eight.89
Kingdom of belgium	144.2	86.6	fifteen.6	824.4	66.51
Britain	140.9	141	124.1	13.v	-0.07
Hong Kong	136.7	105.nine	71.7	xc.7	29.08
Luxembourg	128.3	114.1	87	47.5	12.45
Singapore	92.7	65.7	38.v	140.eight	41.one
Ireland	88.2	52.2	fifty	76.iv	68.97
Norway	69.ix	23.vii	21.9	219.ii	194.94
France	64.8	45.6	17.9	262.0	42.11
Germany	62.8	63	56.2	eleven.7	-0.32
Canada	55.6	46.8	8.iv	561.ix	xviii.8
India	53.ix	40.3	32.5	65.viii	33.75
United mexican states	53.5	31.i	34.8	53.7	72.03
Thailand	53	58.iv	37.2	42.5	-nine.25
Korea, South	44.3	33.4	31.three	41.five	32.63
Philippines	36.7	thirty	11.vi	216.4	22.33
Turkey	30	42.8	30.eight	-two.6	-29.91
Chile	29.7	19.6	xv.2	95.4	51.53
Poland	29.iv	31.nine	three.3	790.9	-7.84
Sweden	28.2	28.4	12.iv	127.4	-0.7
Republic of colombia	28	eighteen.8	11.v	143.5	48.94
Italian republic	27.8	21.3	xv.vi	78.2	30.52
Israel	25.5	20.9	sixteen.9	fifty.9	22.01
Commonwealth of australia	25	20.4	vii.8	220.v	22.55
Netherlands	24.6	23.6	16.eight	46.iv	four.24
Espana	24	14.4	four.ii	471.four	66.67
Malaysia	20	15.iii	eight	150.0	30.72
Denmark	14.six	10.8			35.xix
Peru	11.viii	ix.6			22.92
South Africa	11.five	10.i			13.86
Egypt			16.ix

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

Posted by: trevinoformserain1949.blogspot.com

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