UNITED STATES
Table A:  Gross External Debt Position: By Sector 1/ 2/ as of June 30, 2025
U.S. Dollars in Millions
General Government  10,147,198
Short-term 1,420,642
Currency and deposits 3/ 0
Debt securities 1,420,642
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 8,726,556
Special drawing rights (allocations) 6/ 157,820
Currency and deposits 3/ 0
Debt securities 8,354,572
Loans 0
Trade credit and advances 214,164
Other debt liabilities 4/ 0
Central Bank 1,070,473
Short-term 1,070,473
Currency and deposits 3/ 1,070,473
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 4,142,975
Short-term 3,047,526
Currency and deposits 3/ 1,812,334
Debt securities 147,783
Loans 1,087,409
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 1,095,449
Currency and deposits 3/ 391,134
Debt securities 193,593
Loans 510,722
Trade credit and advances 0
Other debt liabilities 4/ 0
Other Sectors 11,034,402
Short-term 4,042,577
Currency and deposits 3/ 652,060
Debt securities 93,208
Loans 3,193,048
Trade credit and advances 104,261
Other debt liabilities 4/ 5/ 0
Long-term 6,991,825
Currency and deposits 3/ 5,788
Debt securities 6,431,794
Loans 546,350
Trade credit and advances 7,893
Other debt liabilities 4/ 0
Direct Investment: Intercompany Lending 1,827,800
Debt liabilities of direct investment enterprises to direct investors               921,673
Debt liabilities of direct investors to direct investment enterprises  906,127
Debt liabilities to fellow enterprises
Gross External Debt Position 28,222,848
     
Memorandum items
Arrears: By Sector 19,681
General Government 0
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 141
Other Sectors 19,540
Direct investment: Intercompany Lending 0
Debt Securities: By Sector 2/  13,899,546
General Government 7,756,466
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 193,452
Other Sectors 5,949,628
     
1/ Source: Department of the Treasury, June 30, 2026.  
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.