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critter1982's avatar

How much do other countries owe the US?

Asked by critter1982 (4100 points ) January 15th, 2009

I’ve been struggling to find the amount of money owed to the United States from other indebted nations. Does anybody know where I would be able to locate this information? I was able to come across this article which was written back in 1921. Not sure if we’ve been paid yet but with inflation it seems to be pretty significant not in the trillions but still significant.

http://query.nytimes.com/mem/archive-free/pdf?_r=1&res=950DE0D91539E133A2575BC1A9649D946095D6CF

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9 Answers

willbrawn's avatar

I dont know, i sadily want to say zero, because of our national debt and it being so out of control. Stupid U.S.

AstroChuck's avatar

We owe 10.6 trillion dollars to other nations (That’s $34.7 thousand per every American). Britain just finished paying off their debt to us from WWII a couple years ago, making it the last nation in Europe to do so. Several other countries owe us substantial monies but nothing to really make a dent in our foreign debt.

Maverick's avatar

Yep. 8 years of Bush and Republican “Free Market” bullsh*t has practically bankrupted the nation. Gawd, how depressing.

steelmarket's avatar

Some of them owe us their total existence. Others just owe us their freedom.

wundayatta's avatar

Here’s some information about the financial assistance to foreign governments from TruthandPolitics.org. I know that the EX-Im bank has loans detailed, but I didn’t look at the other sections. The data are for 2003. I don’t know if they have more recent information, or they ran out of funds to keep up to date.

Here’s some more recent data (2006) from USAID. (You have to scroll down a ways to get to loans).

The Export-Import bank is useless, even though they make the loans. They don’t seem to count up how much they make, or if they do, they don’t make it public.

The Overseas Private Investment Corporation (OPIC) is another place you might look, because they also make loans to foreign countries.

These places may have historical data, which you could add up. I don’t know if you can find how much has been paid back, so far.

Why are you doing this?

ipsskunk's avatar

@ steelmarket .im from england dont worry you dont owe us for the language you use.

steelmarket's avatar

We do owe you for your TV shows! Seems like all the good shows I watch are from your side of the pond.

hopefloats's avatar

It is very difficult to watch the political bull that just went on over the national debt ceiling – I would love to see these folks give up at least 3 months pay and benefits to perhaps help them SEE and FEEL some of the impact that many Americans are facing these day – all due to the way the previous administrations drove the economy into the dirt and now do little to address the situation with any truth. Hoping that Americans REMEMBER and do not give the keys back to the same folks who created this mess….where the heck were these folks when the mess was being created?
Most every day folks here are way too busy just trying to make a living to have the time to go thru the web of deception to find the truth and then do work at getting the right people in office. Hoping the middle class wakes up and smells the coffee….

laureth's avatar

Here’s an interesting infographic that might help explain how we got here. (It also shows how more is owed to Americans than to, say, China.)

However, if you want to go to the source and study the topic in more depth, I suggest the Treasury’s website. Especially this page (while keeping this in mind, even though the numbers have changed since ‘98).

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