U.S. National Debt Clock February 2026
AS OF FEBRUARY 11, 2026
$38,634,604,945,328
The total outstanding public debt of the United States Federal Government
Last Updated:
Live Data from US Treasury
United States National Debt
Real-time tracking of the federal debt and its impact on the economy
Debt Per Citizen
$114,984
Based on U.S. population of ~336 million
Debt Per Taxpayer
$309,077
Estimated based on ~125M taxpayers
Daily Increase
$8.03B
Average per day over past year
Interest Rate
3.362%
Avg. rate on total marketable debt
Debt Composition
| Category | Amount | Percentage |
|---|---|---|
| Debt Held by the Public | $30,810,000,000,000 | 80.2% |
| Intragovernmental Holdings | $7,620,000,000,000 | 19.8% |
| Total U.S. National Debt | $38,430,000,000,000 | 100% |
Who owns the public debt?
The debt held by the public is owned by mutual funds, pension funds, foreign governments,
foreign investors, American investors, the Federal Reserve, insurance companies, and other entities.
As of December 2024, approximately 30% ($8.5 trillion) is held by foreign entities.
Top 10 Foreign Holders of U.S. Debt
As of October-December 2025
| Rank | Country | Holdings (Billions USD) | % of Foreign Debt |
|---|---|---|---|
| 1 | 🇯🇵 Japan | $1,180 | 13.9% |
| 2 | 🇬🇧 United Kingdom | $865 | 10.2% |
| 3 | 🇨🇳 China | $759 | 8.9% |
| 4 | 🇱🇺 Luxembourg | $466 | 5.5% |
| 5 | 🇧🇪 Belgium | $466 | 5.5% |
| 6 | 🇰🇾 Cayman Islands | $426 | 5.0% |
| 7 | 🇮🇪 Ireland | $370 | 4.4% |
| 8 | 🇨🇦 Canada | $370 | 4.4% |
| 9 | 🇨🇠Switzerland | $280 | 3.3% |
| 10 | 🇫🇷 France | $270 | 3.2% |
Total Foreign Holdings
Of the $8.5 trillion in U.S. debt owned by foreign governments and investors,
Japan, the United Kingdom, and China together hold approximately $2.8 trillion,
representing about 33% of all foreign-held U.S. debt.
Historical Debt Growth
Growth of U.S. National Debt Over Past 55 Years
| Year | Total National Debt | Change from Previous Period |
|---|---|---|
| 2026 (Current) | $38,430,000,000,000 | +$550B (1 year) |
| 2020 | $27,750,000,000,000 | +$10.4T (6 years) |
| 2015 | $18,150,000,000,000 | +$4.8T (5 years) |
| 2010 | $13,178,000,000,000 | +$5.8T (6 years) |
| 2004 | $7,379,000,000,000 | +$1.7T (5 years) |
| 1999 | $5,656,000,000,000 | +$963B (5 years) |
| 1994 | $4,693,000,000,000 | +$1.8T (5 years) |
| 1989 | $2,857,000,000,000 | +$1.3T (5 years) |
| 1984 | $1,572,000,000,000 | +$745B (5 years) |
| 1979 | $827,000,000,000 | +$352B (5 years) |
| 1974 | $475,000,000,000 | +$121B (5 years) |
| 1969 | $354,000,000,000 | -$25B (5 years) |
Key Interest Payment Information
| Metric | Value | Notes |
|---|---|---|
| Annual Interest Payments (FY 2025) | $952 Billion | Up 153% from FY 2019 |
| Interest as % of GDP | 3.2% | Nearly double pre-COVID levels |
| Interest as % of Federal Spending | 15.4% | Up from 9.9% in FY 2019 |
| Projected Interest (FY 2026) | ~$1.05 Trillion | First time exceeding $1 trillion |
| Interest Paid to Trust Funds (12 months) | $261.4 Billion | $21.8B per month average |
Growing Interest Burden
Interest payments on the national debt have become the fastest-growing federal expense. In FY 2025,
interest payments ($952 billion) nearly matched Medicare spending
and exceeded defense spending. The Congressional Budget Office forecasts interest as a share of
federal outlays will reach 14.52% by FY 2028.
Frequently Asked Questions
How much money does the United States owe China?
As of October-December 2025: $759 billion
How much money does the United States owe Japan?
As of October-December 2025: $1.18 trillion
How much money does the United States owe the United Kingdom?
As of October-December 2025: $865 billion
How much money does the United States owe Canada?
As of October-December 2025: $370 billion
How much money does the United States owe Russia?
As of 2025: Minimal holdings (Russia has significantly reduced U.S. Treasury holdings)