Top 10 countries that US borrows money from
As one of the largest economies in the world, the United States is no stranger to borrowing money. In fact, the US has been borrowing money from foreign countries for decades to fund various government programs and initiatives. But which countries are the top lenders to the US? Here are the top countries that the US borrows money from:
1. China
China is by far the largest foreign holder of US debt, with the country owning more than $1 trillion in US Treasury bonds. China has been a significant lender to the US for several decades, and its massive investment in US debt has given it significant leverage over the US economy.
2. Japan
Japan is the second-largest holder of US debt, with the country holding over $1.2 trillion in US Treasury bonds. Japan has been a significant lender to the US for several decades, and its investment in US debt has helped to fund various government programs and initiatives.
3. United Kingdom
The United Kingdom is the third-largest holder of US debt, with the country owning over $400 billion in US Treasury bonds. The UK has been a significant lender to the US for several decades, and its investment in US debt has helped to fund various government programs and initiatives.
4. Ireland
Ireland is the fourth-largest holder of US debt, with the country owning over $300 billion in US Treasury bonds. Ireland’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
5. Brazil
Brazil is the fifth-largest holder of US debt, with the country owning over $250 billion in US Treasury bonds. Brazil’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
6. Switzerland
Switzerland is the sixth-largest holder of US debt, with the country owning over $240 billion in US Treasury bonds. Switzerland’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
7. Luxembourg
Luxembourg is the seventh-largest holder of US debt, with the country owning over $220 billion in US Treasury bonds. Luxembourg’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
8. Cayman Islands
The Cayman Islands is the eighth-largest holder of US debt, with the country owning over $210 billion in US Treasury bonds. The Cayman Islands’ investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
9. Hong Kong
Hong Kong is the ninth-largest holder of US debt, with the country owning over $200 billion in US Treasury bonds. Hong Kong’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.
10. Belgium
Belgium is the tenth-largest holder of US debt, with the country owning over $200 billion in US Treasury bonds. Belgium’s investment in US debt has helped to fund various government programs and initiatives, and it has been a significant lender to the US for several decades.