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The largest debtors are Canada, the United Kingdom, Cayman Islands, and Australia, whom account for $1.2 trillion of sovereign debt owed to residents of the U.S. [158] The entire public debt in 1998 was equal to the cost of research, development, and deployment of U.S. nuclear weapons and nuclear weapons-related programs during the Cold War.
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
The largest debt is to American citizens and U.S. entities — more than $14 trillion. That figure is made up of securities like Treasury bills, notes, bonds and savings bonds.
The amounts are in billion US $, calculated by the official exchange rate (a billion is defined here as a thousand millions, or 10 9). GDP: Gross domestic product, billion US $. Total debt, billion $: This is the sum of all debt, domestic and external, owed by public and private debtors in the country. The amounts are in billion US ...
It’s six times the U.S. debt figure in 2000 ($5.6 trillion). Paid back interest-free at the rate of $1 million an hour, $33 trillion would take more than 3,750 years.
As an individual, it matters to you that the US government owes $30 trillion and counting according to the Fox Debt Tracker, because your $2,000,000 share of that debt will cost you in a number of ...
[4] [2]: 79–82 Government debt may be owed to domestic residents, as well as to foreign residents. If owed to foreign residents, that quantity is included in the country's external debt. [5] In 2020, the value of government debt worldwide was $87.4 US trillion, or 99% measured as a share of gross domestic product (GDP). [6]
America is now almost $35 trillion in debt. That means every American owes $100,000. ... "We've got to deal with this big long-term debt problem, or it will deal with us."