UNITED STATES
Table A:  Gross External Debt Position: By Sector 1/ 2/ as of December 31, 2024
U.S. Dollars in Millions
General Government  9,672,867
Short-term 1,213,991
Currency and deposits 3/ 0
Debt securities 1,213,991
Loans 0
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 8,458,876
Special drawing rights (allocations) 6/ 149,795
Currency and deposits 3/ 0
Debt securities 8,102,605
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 3,904,053
Short-term 2,841,772
Currency and deposits 3/ 1,726,261
Debt securities 153,574
Loans 961,937
Trade credit and advances 0
Other debt liabilities 4/ 5/ 0
Long-term 1,062,281
Currency and deposits 3/ 318,957
Debt securities 248,708
Loans 494,616
Trade credit and advances 0
Other debt liabilities 4/ 0
Other Sectors 11,040,544
Short-term 3,600,857
Currency and deposits 3/ 531,092
Debt securities 79,997
Loans 2,923,341
Trade credit and advances 66,427
Other debt liabilities 4/ 5/ 0
Long-term 7,439,687
Currency and deposits 3/ 1,490
Debt securities 6,879,632
Loans 515,019
Trade credit and advances 43,546
Other debt liabilities 4/ 0
Direct Investment: Intercompany Lending 1,954,378
Debt liabilities of direct investment enterprises to direct investors               971,163
Debt liabilities of direct investors to direct investment enterprises  983,215
Debt liabilities to fellow enterprises
Gross External Debt Position 27,629,576
     
Memorandum items
Arrears: By Sector 20,183
General Government 0
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 1,756
Other Sectors 18,427
Direct investment: Intercompany Lending 0
Debt Securities: By Sector 2/  13,248,159
General Government 7,394,989
Central Bank 0
Deposit-Taking Corporations, except the Central Bank 245,788
Other Sectors 5,607,382
     
1/ Source: Department of the Treasury, March 31, 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.