Market Value of U.S. Portfolio Holdings of Foreign Securities,
by Country and Type of Security, as of December 31, 2024 |
Department of
the Treasury/Federal Reserve Board |
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These are Preliminary data, released
on August 29, 2025. This page and data expire on October 31,
2025. |
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(Amounts in millions of U.S. dollars) |
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Long-term |
Short-term |
Code |
Country of Issuer |
Total |
Equity |
Debt Securities (4) |
Debt Securities |
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15105 |
Albania |
487 |
0 |
479 |
7 |
10103 |
Andorra |
41 |
0 |
39 |
1 |
50202 |
Angola |
2,651 |
0 |
2,651 |
0 |
30228 |
Anguilla |
* |
* |
0 |
0 |
35203 |
Antigua and
Barbuda |
1 |
1 |
0 |
0 |
30104 |
Argentina |
22,055 |
7,862 |
13,994 |
199 |
16519 |
Armenia |
828 |
3 |
825 |
* |
35254 |
Aruba |
183 |
1 |
160 |
21 |
60089 |
Australia |
423,266 |
244,953 |
134,229 |
44,084 |
10189 |
Austria |
28,757 |
15,714 |
12,808 |
235 |
16527 |
Azerbaijan |
892 |
0 |
892 |
0 |
35319 |
Bahamas |
4,237 |
2,265 |
1,369 |
603 |
40703 |
Bahrain |
2,454 |
124 |
2,330 |
0 |
40746 |
Bangladesh |
110 |
110 |
0 |
0 |
30155 |
Barbados |
2,678 |
* |
2,678 |
0 |
16209 |
Belarus |
223 |
0 |
223 |
0 |
10251 |
Belgium |
60,848 |
45,251 |
15,138 |
460 |
35718 |
Belize |
* |
* |
0 |
0 |
51802 |
Benin |
519 |
0 |
519 |
0 |
35602 |
Bermuda |
280,808 |
227,195 |
53,539 |
74 |
36161 |
Bonaire, Saint
Eustatius and Saba (2) |
29 |
0 |
29 |
0 |
30201 |
Bolivia |
52 |
0 |
52 |
0 |
14109 |
Bosnia and
Herzegovina |
6 |
0 |
6 |
0 |
50504 |
Botswana |
51 |
5 |
46 |
0 |
30309 |
Brazil |
134,333 |
105,663 |
27,609 |
1,061 |
60208 |
British Indian
Ocean Territory |
4 |
4 |
0 |
0 |
35807 |
British Virgin
Islands |
51,132 |
44,206 |
6,926 |
0 |
15202 |
Bulgaria |
1,064 |
30 |
1,034 |
0 |
57118 |
Burkina Faso |
8 |
8 |
0 |
0 |
51004 |
Cameroon |
289 |
3 |
285 |
0 |
29998 |
Canada |
1,472,852 |
916,131 |
443,599 |
113,122 |
36137 |
Cayman Islands |
2,759,787 |
2,145,295 |
603,929 |
10,564 |
30406 |
Chile |
39,888 |
13,056 |
26,743 |
89 |
41408 |
China, mainland
(1) |
240,410 |
224,903 |
15,263 |
244 |
30503 |
Colombia |
24,805 |
3,191 |
21,614 |
0 |
51608 |
Congo
(Brazzaville) |
118 |
0 |
118 |
0 |
30589 |
Costa Rica |
2,115 |
2 |
2,113 |
0 |
53007 |
Cote d'Ivoire |
2,825 |
40 |
2,785 |
0 |
14214 |
Croatia |
234 |
32 |
203 |
0 |
36188 |
Curacao (2) |
38,270 |
37,638 |
0 |
632 |
10405 |
Cyprus |
1,963 |
1,616 |
347 |
0 |
15288 |
Czech Republic |
5,462 |
1,445 |
4,017 |
0 |
10502 |
Denmark |
225,572 |
212,382 |
11,909 |
1,282 |
36218 |
Dominica |
* |
0 |
* |
0 |
30805 |
Dominican
Republic |
7,559 |
1 |
7,558 |
0 |
31003 |
Ecuador |
2,403 |
40 |
2,363 |
0 |
57002 |
Egypt |
8,682 |
1,620 |
5,782 |
1,279 |
31089 |
El Salvador |
2,750 |
0 |
2,750 |
0 |
15407 |
Estonia |
680 |
347 |
332 |
0 |
52108 |
Ethiopia |
70 |
0 |
70 |
0 |
10618 |
Faroe Islands |
845 |
597 |
248 |
0 |
10707 |
Finland |
51,129 |
39,016 |
10,023 |
2,091 |
10804 |
France |
754,541 |
538,426 |
179,563 |
36,553 |
52418 |
Gabon |
403 |
4 |
399 |
0 |
16535 |
Georgia |
325 |
1 |
323 |
0 |
11002 |
Germany |
536,503 |
445,984 |
78,222 |
12,297 |
52604 |
Ghana |
1,443 |
67 |
1,376 |
0 |
11088 |
Gibraltar |
190 |
29 |
161 |
0 |
11207 |
Greece |
17,010 |
13,278 |
3,732 |
0 |
10545 |
Greenland |
559 |
* |
559 |
0 |
36706 |
Grenada |
14 |
0 |
14 |
0 |
31208 |
Guatemala |
2,711 |
0 |
2,711 |
0 |
13006 |
Guernsey |
61,458 |
60,103 |
1,354 |
1 |
31305 |
Guyana |
7 |
0 |
7 |
0 |
31488 |
Honduras |
769 |
0 |
769 |
0 |
42005 |
Hong Kong |
91,751 |
85,880 |
5,040 |
831 |
15504 |
Hungary |
14,650 |
5,702 |
8,878 |
70 |
11304 |
Iceland |
1,550 |
567 |
979 |
4 |
42102 |
India |
383,205 |
372,822 |
10,376 |
7 |
42218 |
Indonesia |
61,003 |
35,669 |
25,334 |
0 |
42404 |
Iraq |
323 |
0 |
323 |
0 |
11401 |
Ireland |
1,057,154 |
951,842 |
79,591 |
25,721 |
13008 |
Isle of Man |
5,057 |
4,171 |
887 |
0 |
42501 |
Israel |
111,296 |
96,484 |
14,759 |
52 |
11509 |
Italy |
170,590 |
121,045 |
49,545 |
0 |
31607 |
Jamaica |
585 |
* |
584 |
0 |
42609 |
Japan |
1,198,008 |
1,003,614 |
175,555 |
18,839 |
13007 |
Jersey |
188,644 |
123,210 |
64,451 |
983 |
42706 |
Jordan |
1,739 |
9 |
1,731 |
0 |
16543 |
Kazakhstan |
5,802 |
2,829 |
2,896 |
77 |
53104 |
Kenya |
1,374 |
112 |
1,261 |
0 |
43001 |
Korea, South |
194,775 |
172,353 |
21,883 |
539 |
43109 |
Kuwait |
7,562 |
7,185 |
366 |
10 |
15601 |
Latvia |
756 |
* |
756 |
0 |
43419 |
Lebanon |
169 |
2 |
167 |
0 |
53201 |
Liberia |
52,224 |
45,562 |
6,661 |
0 |
11606 |
Liechtenstein |
40 |
20 |
20 |
0 |
15709 |
Lithuania |
430 |
19 |
411 |
0 |
11703 |
Luxembourg |
293,585 |
227,885 |
61,540 |
4,159 |
43508 |
Macau |
85 |
* |
85 |
0 |
14419 |
Macedonia |
155 |
0 |
155 |
0 |
43605 |
Malaysia |
31,438 |
20,705 |
10,733 |
0 |
43702 |
Maldives |
232 |
232 |
0 |
0 |
11819 |
Malta |
1,898 |
156 |
1,742 |
0 |
61204 |
Marshall Islands |
12,813 |
10,928 |
1,886 |
0 |
53708 |
Mauritania |
46 |
0 |
46 |
0 |
53805 |
Mauritius |
30,624 |
28,844 |
1,780 |
0 |
54518 |
Mayotte |
* |
* |
0 |
0 |
31704 |
Mexico |
142,401 |
62,550 |
79,747 |
104 |
12009 |
Monaco |
5 |
4 |
* |
0 |
43818 |
Mongolia |
462 |
1 |
461 |
0 |
13625 |
Montenegro (2) |
286 |
0 |
286 |
0 |
54003 |
Morocco |
2,977 |
92 |
2,884 |
0 |
54089 |
Mozambique |
157 |
0 |
157 |
0 |
54127 |
Namibia |
72 |
11 |
61 |
0 |
12106 |
Netherlands |
621,419 |
484,438 |
132,052 |
4,929 |
61689 |
New Zealand |
26,372 |
11,295 |
12,502 |
2,575 |
54208 |
Niger |
4 |
1 |
3 |
0 |
54305 |
Nigeria |
4,719 |
181 |
3,781 |
757 |
12203 |
Norway |
66,680 |
29,921 |
24,192 |
12,567 |
44105 |
Oman |
4,542 |
66 |
4,476 |
0 |
44709 |
Pakistan |
1,442 |
346 |
1,060 |
36 |
31887 |
Panama |
42,713 |
24,190 |
18,507 |
17 |
61751 |
Papua New Guinea |
58 |
12 |
46 |
0 |
32107 |
Paraguay |
2,413 |
0 |
2,413 |
0 |
32204 |
Peru |
16,798 |
1,535 |
15,263 |
0 |
44806 |
Philippines |
19,241 |
11,036 |
8,203 |
2 |
15768 |
Poland |
24,643 |
12,378 |
12,265 |
0 |
12319 |
Portugal |
12,328 |
9,290 |
3,032 |
6 |
45101 |
Qatar |
14,005 |
7,850 |
6,155 |
0 |
15806 |
Romania |
11,460 |
942 |
10,519 |
0 |
16101 |
Russia |
12,676 |
12,000 |
676 |
0 |
55018 |
Rwanda |
73 |
4 |
69 |
0 |
37508 |
Saint Lucia |
* |
0 |
* |
0 |
45608 |
Saudi Arabia |
56,897 |
44,962 |
11,935 |
0 |
55301 |
Senegal |
937 |
15 |
922 |
0 |
13218 |
Serbia |
3,261 |
* |
3,261 |
0 |
55409 |
Seychelles |
19 |
* |
19 |
0 |
46019 |
Singapore |
167,441 |
119,741 |
31,580 |
16,120 |
15318 |
Slovakia |
1,138 |
148 |
990 |
0 |
14338 |
Slovenia |
1,291 |
507 |
784 |
0 |
55719 |
South Africa |
61,352 |
46,459 |
14,893 |
0 |
12505 |
Spain |
182,998 |
129,980 |
52,056 |
963 |
41319 |
Sri Lanka |
1,845 |
49 |
1,796 |
* |
37702 |
Suriname |
371 |
0 |
371 |
0 |
12602 |
Sweden |
179,944 |
137,572 |
20,983 |
21,388 |
12688 |
Switzerland |
603,012 |
557,363 |
44,129 |
1,520 |
46302 |
Taiwan |
460,716 |
460,687 |
29 |
0 |
16578 |
Tajikistan |
52 |
0 |
52 |
0 |
56405 |
Tanzania |
58 |
58 |
0 |
0 |
46418 |
Thailand |
33,305 |
27,441 |
5,864 |
0 |
56502 |
Togo |
69 |
25 |
44 |
0 |
32409 |
Trinidad and
Tobago |
747 |
0 |
747 |
0 |
56707 |
Tunisia |
312 |
10 |
302 |
0 |
12807 |
Turkey |
28,125 |
13,057 |
15,025 |
43 |
37818 |
Turks and Caicos
Islands |
64 |
1 |
63 |
0 |
56804 |
Uganda |
191 |
31 |
160 |
0 |
16403 |
Ukraine |
2,135 |
46 |
2,089 |
0 |
46604 |
United Arab
Emirates |
39,162 |
24,631 |
11,941 |
2,590 |
13005 |
United Kingdom |
1,628,391 |
1,196,675 |
394,001 |
37,716 |
32603 |
Uruguay |
5,012 |
4 |
5,006 |
1 |
16705 |
Uzbekistan |
2,257 |
0 |
2,257 |
0 |
32719 |
Venezuela |
1,550 |
* |
1,550 |
0 |
46906 |
Vietnam |
3,330 |
3,185 |
146 |
0 |
57207 |
Zambia |
691 |
1 |
689 |
0 |
54704 |
Zimbabwe |
1 |
1 |
0 |
0 |
79995 |
International
& regional orgs. |
137,882 |
1,042 |
121,545 |
15,295 |
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99996 |
Total |
15,834,419 |
12,098,321 |
3,343,278 |
392,820 |
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Totals
by Region |
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59994 |
Total Africa |
172,959 |
123,154 |
47,768 |
2,037 |
49999 |
Total Asia |
3,126,948 |
2,720,088 |
367,590 |
39,270 |
34401 |
Total Caribbean |
3,146,094 |
2,456,603 |
677,596 |
11,894 |
19992 |
Total Europe |
6,872,026 |
5,396,017 |
1,312,937 |
163,072 |
16713 |
Of
which: Euro area countries (3) |
3,795,251 |
3,024,972 |
682,866 |
87,412 |
39942 |
Total Latin
America |
443,145 |
218,094 |
223,581 |
1,470 |
29998 |
Canada |
1,472,852 |
916,131 |
443,599 |
113,122 |
69906 |
Total other
countries |
462,513 |
267,192 |
148,662 |
46,659 |
79995 |
International
& regional orgs. |
137,882 |
1,042 |
121,545 |
15,295 |
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* Greater than zero, but less than $500,000. |
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1. Excludes Hong Kong and Macau, which are
reported separately. |
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2. Separate reporting for certain country
groups began with the 2013 survey. |
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Entries for Bonaire, Sint Eustatius,
and Saba; Curacao; and Sint Maarten were previously |
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reported together as Netherlands
Antilles. |
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Entries for Guadeloupe and for Saint
Martin and Saint Barthelemy were previously reported |
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together as Guadeloupe. |
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Entries for Kosovo, Montenegro, and
Serbia were previously reported together as Serbia. |
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3.
Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece,
Ireland, Italy, Latvia, |
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Lithuania, Luxembourg, Malta,
Netherlands, Portugal, Slovakia, Slovenia, and Spain. |
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4.
Long-term debt securities have an original term-to-maturity in excess
of one year. |
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Notes: |
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To easily
convert this html file into a spreadsheet, download the file and open it from
your spreadsheet program. |
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A summary of
the data is in a Press Release dated August 29, 2025. |
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Questions about
the survey can be directed to the Treasury Department (202-622-1276, or
-7527), or |
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by email using
the "Contact TIC" button on many TIC webpages, at: |
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https://apps-treas-sites.secure.force.com/treasuryforms/Form?templateID=a1Qt0000002aSqSEAU |
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Questions from
the news media should be directed to Treasury's Office of Public Affairs at
(202) 622-2960. |
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Acknowledgements: The
Department of the Treasury, the Federal Reserve Bank of New York, and |
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the Board of
Governors of the Federal Reserve System wish to thank all of the institutions
that |
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participated in
the survey and without whose efforts the survey would not have been possible. |
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