Updated: Here are the countries holding the most U.S. debt- explained in 3 charts

Updated: Here are the countries holding the most U.S. debt- explained in 3 charts

Canada’s rapid shift in foreign investment, China’s retreat, and the strong demand from Gulf and European nations capture the shifting alliances and risk appetites. Through 3 charts, I explain who holds America’s IOUs in a time of high deficits and global uncertainty —and how quickly that’s changing.

Here are the countries holding the most U.S. debt- explained in 2 charts

Here are the countries holding the most U.S. debt- explained in 2 charts

Foreign investors held $8.8 trillion in U.S. Treasuries as of February 2025—a 10.2% increase from a year earlier, according to the recent U.S. Treasury data. Japan, China, and the U.K. remain the top holders of U.S. debt. Two charts show the major foreign holders as the national debt hits $36.1 trillion.