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Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2023

Norly editor ~ 9/1/2024
August 30 , 2024 Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2023 were released today and posted on the Treasury web site at ( https : //home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions/us-claims-on-foreigners-from-holdings-of-foreign-securities ) . The final survey report , which will include additional detail as

Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2023 were released today and posted on the Treasury web site at (https://home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions/us-claims-on-foreigners-from-holdings-of-foreign-securities). The final survey report, which will include additional detail as well as possible revisions to the data, will be released on October 31, 2024.

The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. 

A complementary survey measuring foreign holdings of U.S. securities also is conducted annually. Data from the most recent such survey, which reports on securities held on June 30, 2024, are currently being processed.  Preliminary results are expected to be reported on February 28, 2025.

Overall Preliminary Results

The survey measured the value of U.S. holdings of foreign securities at year-end 2023 at approximately $15.3 trillion, with $11.5 trillion held in foreign equities, $3.4 trillion held in foreign long-term debt securities (original term-to-maturity in excess of one year), and $0.4 trillion held in foreign short-term debt securities. The previous such survey, conducted as of year-end 2022, measured the value of U.S. holdings at $14.0 trillion, with $10.3 trillion held in foreign equities, $3.3 trillion held in foreign long-term debt securities, and $0.4 trillion held in foreign short-term debt securities. 

Press Release for end of August

Table 1.  U.S. portfolio holdings of foreign securities, by type of security, as of survey dates

(Billions of dollars)

Type of Security

Dec. 31, 2022

Dec. 31, 2023

Long-term securities

13,563

14,915

      Equities

10,280

11,483

      Long-term debt

3,283

3,433

Short-term debt securities

     447

    422

Total

14,009

15,338

 Table 2.  U.S. portfolio holdings of foreign securities, by country of issuer and type of security, for the countries attracting the most U.S. portfolio investment, as of December 31, 2023

(Market value, billions of dollars, except as noted)

TotalEquityLong-Term DebtShort-Term Debt
1Cayman Islands

2,655

1,925

720

9

2United Kingdom

1,491

1,061

383

47

3Canada

1,391

839

452

100

4Japan

1,218

991

184

43

5Ireland

924

823

79

23

6France

816

597

173

46

7Netherlands

668

508

152

8

8Switzerland

655

608

46

1

9Germany

514

418

79

17

10Australia

442

269

132

41

11India

352

342

10

12Taiwan

316

316

0

13Bermuda

267

216

52

14Korea, South

253

227

25

15Luxembourg

238

172

61

4

16Denmark

219

206

12

17China, mainland (1)

217

202

15

18Sweden

197

156

19

21

19Jersey

192

145

47

0

20Brazil

181

157

23

1

21Spain

173

122

49

2

22Mexico

163

95

68

23Italy

155

107

48

24International organizations

137

1

127

10

25Singapore

121

74

30

18

26Hong Kong

104

97

5

1

27Israel

89

73

16

1

28Norway

75

38

25

12

29Indonesia

70

41

29

0

30Belgium

63

48

13

2

Rest of world

983

610

358

16

Total

15,338

11,483

3,433

422

* Between zero and $500 million. (1) China excludes Hong Kong and Macau, which are reported separately. Use featured image Off Official news published at https://home.treasury.gov/news/press-releases/jy2554

Photo by Lukas via Pexels

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