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Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2020 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 29, 2021.

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, 2021, are currently being processed.  Preliminary results are expected to be reported on February 28, 2022.

Overall Preliminary Results

The survey measured the value of U.S. holdings of foreign securities at year-end 2020 at approximately $14.4 trillion, with $10.6 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 2019, measured the value of U.S. holdings at $13.1 trillion, with $9.5 trillion held in foreign equities, $3.1 trillion held in foreign long-term debt securities, and $0.5 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, 2019	Dec. 31, 2020
Long-term securities	12,617	13,993
Equity	9,478	10,614
Long-term debt	3,139	3,378
Short-term debt securities	470	400
Total	13,087	14,392

 

 

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, 2020

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

 

				Total		Equity		Long-term Debt		Short-term Debt
1		Cayman Islands		2,567		2,026		533		7
2		United Kingdom		1,393		920		433		40
3		Japan		1,296		1,013		182		102
4		Canada		1,168		683		412		73
5		France		698		479		187		32
6		Ireland		698		608		80		10
7		Switzerland		634		590		43		1
8		Netherlands		629		423		197		9
9		Germany		535		422		92		20
10		Australia		378		227		126		25
11		Taiwan		304		304		*		0
12		Korea, South		300		277		22		1
13		China, mainland (1)		287		251		34		2
14		Bermuda		283		240		44		*
15		India		234		223		11		*
16		Sweden		197		155		28		14
17		Luxembourg		197		129		63		5
18		Brazil		169		144		24		*
19		Hong Kong		166		158		7		1
20		Spain		163		113		47		2
21		Denmark		158		139		16		3
22		Mexico		153		64		88		1
23		Italy		148		96		51		*
24		Jersey		138		126		10		1
25		International organizations		119		*		108		11
26		Israel		94		71		23		*
27		Singapore		92		58		12		22
28		South Africa		79		65		14		*
29		Russia		74		57		17		0
30		Norway		72		37		30		5
		Rest of world		969		513		443		13
		Total		14,392		10,614		3,378		400

 

* Greater than zero, but less than $500 million. (1) China excludes Hong Kong and Macau, which are reported separately.