UNITED STATES
Table A:  Gross External Debt Position: By Sector 1/ 2/ as of December 31, 2024
U.S. Dollars in Millions
General Government  9,706,717
Short-term 1,245,034
Currency and deposits 3/ 0
Debt securities 1,245,034
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 8,461,683
Special drawing rights (allocations) 6/ 149,795
Currency and deposits 3/ 0
Debt securities 8,105,412
Loans 0
Trade credit and advances 206,476
Other debt liabilities 4/ 0
Central Bank 1,057,734
Short-term 1,057,734
Currency and deposits 3/ 1,057,734
Debt securities 0
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 0
Special drawing rights (allocations) 6/ 0
Currency and deposits 3/ 0
Debt securities 0
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 0
Deposit-Taking Corporations, except the Central Bank 3,902,703
Short-term 2,841,526
Currency and deposits 3/ 1,725,713
Debt securities 153,574
Loans 962,239
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 1,061,177
Currency and deposits 3/ 318,050
Debt securities 247,550
Loans 495,577
Trade credit and advances 0
Other debt liabilities 4/ 0
Other Sectors 11,156,297
Short-term 3,695,217
Currency and deposits 3/ 580,741
Debt securities 79,997
Loans 2,968,044
Trade credit and advances 66,435
Other debt liabilities 4/ 5/ 0
Long-term 7,461,080
Currency and deposits 3/ 1,629
Debt securities 6,890,715
Loans 525,185
Trade credit and advances 43,551
Other debt liabilities 4/ 0
Direct Investment: Intercompany Lending 1,880,926
Debt liabilities of direct investment enterprises to direct investors               964,359
Debt liabilities of direct investors to direct investment enterprises  916,567
Debt liabilities to fellow enterprises
Gross External Debt Position 27,704,377
     
Memorandum items
Arrears: By Sector 20,222
General Government 0
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 1,760
Other Sectors 18,462
Direct investment: Intercompany Lending 0
Debt Securities: By Sector 2/  13,263,398
General Government 7,397,728
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 244,780
Other Sectors 5,620,890
     
1/ Source: Department of the Treasury, June 30, 2025.  
2/ All debts are presented at face value. Exception: long-term debt securities in
the memorandum section are valued at market value, as recommended.
3/ It is recommended that all currency and deposits be included in the short-term category
unless detailed information is available to make the short-term/long-term attribution.
4/ Other debt liabilities comprise insurance, pension, and standardized guarantee schemes,
and other accounts payable. It is recommended that insurance, pension, and standardized
guaranteed schemes be classified as long term.  
5/ Arrears are recorded in the original debt instrument. Arrears are shown separately in
the memorandum items.  
6/ In line with BPM6, SDR allocations should be reported as long-term external debt liabilities.