Who owns us economy

National Debt Clock. Debt Clock. Federal Reserve Bank of New York. Department of the Treasury. National Priorities Project. International Monetary Fund. Accessed Oct. Office of the Historian. Debt and Foreign Loans, — Congressional Budget Office. The World Bank.

Council on Foreign Relations. Debt Ceiling: Costs and Consequences. Center on Budget and Policy Priorities. Social Security Administration. Pew Research. Kaiser Family Foundation.

Peter G. Institute for Research on Labor and Employment. The White House. Peterson Foundation. Watson Institute. Defense Spending Compared to Other Countries. Brown University. Treasury Securities. Trading Economics. Treasury Direct. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data.

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Personal Finance. Your Practice. Popular Courses. Part Of. Biden Policies. Biden's Team. Personal Finance Issues of Economic Issues of Table of Contents Expand. National Debt vs. Budget Deficit. Forms of Government Borrowing. A Brief History of U.

Understanding the National Debt. How Bad Is National Debt? Government Spending. What Makes the Debt Bigger? Possible Debt Consequences. Methods Used to Reduce Debt. A Polarizing Topic. National Debt FAQs. National Debt as of Oct. Key Takeaways The national debt level of the United States or any other country is a measure of how much the government owes its creditors.

The ratio of debt to gross domestic product is more important than the dollar amount of debt. Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment.

Others claim the national debt is manageable and no cause for alarm. Pays on its Debt? How Much Interest Does the U. Pay on Its Debt Each Year? Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

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Investopedia does not include all offers available in the marketplace. Related Articles. Macroeconomics Debt vs. Deficit: Understanding the Differences. Economics Current Account Deficit vs. Trade Deficit: What's the Difference?

Partner Links. Find out what the U. What Are Government Purchases? At a later date, the government must pay that borrowed money back. Note: The Federal Reserve is not counted as "debt held by federal accounts" because the Federal Reserve is considered independent of the federal government. Who owns the U. Debt Held by Federal Accounts Debt held by federal accounts is not considered public debt - it is the amount of money that the Treasury has borrowed from itself.

Discover more about the federal debt: How have deficits and surpluses ranked over time? What is the national debt? What is the Debt Ceiling? Statista Accounts: Access All Statistics. Basic Account. You only have access to basic statistics. Single Account. The ideal entry-level account for individual users. Corporate solution including all features. Statistics on " U. The most important statistics.

Further related statistics. Treasury securities held by Russia monthly Yield curve in the U. October Ranking of the largest U.

Further Content: You might find this interesting as well. Statistics U. Learn more about how Statista can support your business. August 16, Major foreign holders of U. In Statista. Accessed November 12, Statista Inc.. Accessed: November 12,