Who Holds U.S. Debt in 2025? Top Foreign Holders of U.S. Treasury Securities

Who Holds U.S. Debt in 2025? Top Foreign Holders of U.S. Treasury Securities

Foreign investors now hold more than $9 trillion in U.S. Treasurys, but growing purchases by advanced economies contrast with pullbacks by China and other emerging markets.

After Japan, U.S. debt is set to be the highest in the G7 by 2030

After Japan, U.S. debt is set to be the highest in the G7 by 2030

IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.