Cross-border claims / USA
United States
The banks located here, whoever owns them, held $4.32T of cross-border claims outstanding in Q4 2025: 9.39% of the world total that quarter, the 5th largest of the reporting systems active in it. Its series in the BIS locational statistics runs from Q4 1977 to Q4 2025.
Claims outstanding, Q4 1977–Q4 2025
Total cross-border claims of the banks located here, USD trillions, quarterly. Nominal dollars: movements mix changes in positions with changes in the dollar value of non-dollar books, and this BIS cut carries no adjusted-change series to separate them.
Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C, amounts outstanding), reporting country USA vs all counterparties (5J), quarterly, 1977-Q4 to 2025-Q4. License:free with “Source: BIS” attribution. Methodology
Who these banks lend to
Every counterparty country BIS publishes for this system in Q4 2025: 88 of them, $4.25T in total, which is 98.4% of its published all-countries total. The five largest counterparties are 74% of the named book. 45 of the 88 borrowers are themselves reporting systems in this dataset and link through to their own book; the other 43 appear here only as borrowers.
| # | Counterparty | Claims | Share of named book | Q1 2008 | Change |
|---|---|---|---|---|---|
| 1 | GBR United Kingdom | $1.14T | 26.7% | $1.07T | +7% |
| 2 | CYM Cayman Islands | $1.01T | 23.8% | $743.57B | +36% |
| 3 | CAN Canada | $430.84B | 10.1% | $133.21B | +223% |
| 4 | JPN Japan | $377.68B | 8.9% | $117.93B | +220% |
| 5 | FRA France | $179.38B | 4.2% | $203.37B | −12% |
| 6 | IRL Ireland | $128.52B | 3.0% | $66.71B | +93% |
| 7 | DEU Germany | $122.66B | 2.9% | $59.07B | +108% |
| 8 | AUS Australia | $113.70B | 2.7% | $24.85B | +358% |
| 9 | BRA Brazil | $89.02B | 2.1% | $31.32B | +184% |
| 10 | SGP Singapore | $72.18B | 1.7% | $9.43B | +665% |
| 11 | LUX Luxembourg | $60.17B | 1.4% | $23.80B | +153% |
| 12 | NOR Norway | $52.55B | 1.2% | $23.55B | +123% |
| 13 | MEX Mexico | $51.24B | 1.2% | $27.49B | +86% |
| 14 | BMU Bermuda | $36.21B | 0.9% | $26.79B | +35% |
| 15 | NLD Netherlands | $30.69B | 0.7% | $59.74B | −49% |
| 16 | SWE Sweden | $30.22B | 0.7% | $8.66B | +249% |
| 17 | CHL Chile | $28.01B | 0.7% | $10.27B | +173% |
| 18 | JEY Jersey | $27.75B | 0.7% | $14.56B | +91% |
| 19 | HKG Hong Kong SAR | $27.49B | 0.6% | $9.87B | +178% |
| 20 | ARE United Arab Emirates | $21.02B | 0.5% | n/a | n/a |
| 21 | CHE Switzerland | $19.75B | 0.5% | $176.59B | −89% |
| 22 | IND India | $19.08B | 0.4% | $4.52B | +322% |
| 23 | CHN China | $16.15B | 0.4% | $20.74B | −22% |
| 24 | KOR Korea | $15.24B | 0.4% | $30.62B | −50% |
| 25 | TWN Chinese Taipei | $13.42B | 0.3% | $2.99B | +349% |
| 26 | COL Colombia | $12.15B | 0.3% | $5.14B | +136% |
| 27 | KWT Kuwait | $11.01B | 0.3% | n/a | n/a |
| 28 | PAN Panama | $10.71B | 0.3% | $4.78B | +124% |
| 29 | BHS The Bahamas | $10.34B | 0.2% | $201.30B | −95% |
| 30 | PER Peru | $7.64B | 0.2% | $4.72B | +62% |
| 31 | ESP Spain | $7.44B | 0.2% | $39.66B | −81% |
| 32 | SAU Saudi Arabia | $7.29B | 0.2% | n/a | n/a |
| 33 | BEL Belgium | $4.97B | 0.1% | $22.99B | −78% |
| 34 | ITA Italy | $4.30B | 0.1% | $53.72B | −92% |
| 35 | FIN Finland | $4.08B | 0.1% | $25.11B | −84% |
| 36 | ISR Israel | $3.77B | 0.1% | $3.96B | −5% |
| 37 | IDN Indonesia | $3.74B | 0.1% | $1.26B | +196% |
| 38 | ARG Argentina | $3.63B | 0.1% | $4.69B | −23% |
| 39 | DNK Denmark | $3.36B | 0.1% | $2.31B | +46% |
| 40 | MUS Mauritius | $3.30B | 0.1% | n/a | n/a |
| 41 | GTM Guatemala | $2.88B | 0.1% | $1.37B | +109% |
| 42 | QAT Qatar | $2.56B | 0.1% | n/a | n/a |
| 43 | MHL Marshall Islands | $2.49B | 0.1% | n/a | n/a |
| 44 | MYS Malaysia | $2.40B | 0.1% | $369M | +551% |
| 45 | THA Thailand | $2.30B | 0.1% | $2.48B | −7% |
| 46 | URY Uruguay | $1.87B | 0.0% | $973M | +92% |
| 47 | TUR Türkiye | $1.80B | 0.0% | $3.98B | −55% |
| 48 | AUT Austria | $1.73B | 0.0% | $4.69B | −63% |
| 49 | ECU Ecuador | $1.60B | 0.0% | $1.03B | +56% |
| 50 | DOM Dominican Republic | $1.43B | 0.0% | $763M | +88% |
| 51 | BRB Barbados | $1.38B | 0.0% | $556M | +148% |
| 52 | VEN Venezuela | $1.27B | 0.0% | $2.05B | −38% |
| 53 | NZL New Zealand | $1.23B | 0.0% | $3.38B | −64% |
| 54 | LBR Liberia | $1.08B | 0.0% | $363M | +197% |
| 55 | CRI Costa Rica | $1.02B | 0.0% | $1.28B | −20% |
| 56 | ZAF South Africa | $961M | 0.0% | $700M | +37% |
| 57 | PRY Paraguay | $934M | 0.0% | $128M | +630% |
| 58 | RUS Russia | $865M | 0.0% | $1.64B | −47% |
| 59 | BHR Bahrain | $723M | 0.0% | n/a | n/a |
| 60 | POL Poland | $682M | 0.0% | $17.08B | −96% |
| 61 | VNM Vietnam | $615M | 0.0% | n/a | n/a |
| 62 | EGY Egypt | $611M | 0.0% | $840M | −27% |
| 63 | HND Honduras | $603M | 0.0% | $493M | +22% |
| 64 | BLZ Belize | $559M | 0.0% | n/a | n/a |
| 65 | PHL Philippines | $534M | 0.0% | $1.29B | −59% |
| 66 | SLV El Salvador | $490M | 0.0% | $816M | −40% |
| 67 | PRT Portugal | $475M | 0.0% | $1.85B | −74% |
| 68 | CUW Curaçao | $372M | 0.0% | n/a | n/a |
| 69 | HUN Hungary | $371M | 0.0% | $237M | +57% |
| 70 | MAC Macao SAR | $276M | 0.0% | n/a | n/a |
| 71 | BGD Bangladesh | $272M | 0.0% | n/a | n/a |
| 72 | OMN Oman | $267M | 0.0% | n/a | n/a |
| 73 | JAM Jamaica | $267M | 0.0% | $855M | −69% |
| 74 | NGA Nigeria | $252M | 0.0% | n/a | n/a |
| 75 | BOL Bolivia | $245M | 0.0% | $241M | +2% |
| 76 | TTO Trinidad and Tobago | $207M | 0.0% | $735M | −72% |
| 77 | GHA Ghana | $113M | 0.0% | $37M | +205% |
| 78 | GRC Greece | $88M | 0.0% | $581M | −85% |
| 79 | NIC Nicaragua | $86M | 0.0% | $93M | −8% |
| 80 | LBN Lebanon | $76M | 0.0% | $41M | +85% |
| 81 | ABW Aruba | $61M | 0.0% | n/a | n/a |
| 82 | JOR Jordan | $55M | 0.0% | $20M | +175% |
| 83 | CYP Cyprus | $48M | 0.0% | n/a | n/a |
| 84 | HTI Haiti | $41M | 0.0% | $52M | −21% |
| 85 | MAR Morocco | $22M | 0.0% | $35M | −37% |
| 86 | TCA Turks and Caicos Islands | $18M | 0.0% | n/a | n/a |
| 87 | PAK Pakistan | $16M | 0.0% | $63M | −75% |
| 88 | UKR Ukraine | $12M | 0.0% | n/a | n/a |
Source: BIS Locational Banking Statistics (WS_LBS_D_PUB), BIS Data Portal (data.bis.org). Selection: cross-border claims (measure C), reporting country USA vs each individual counterparty country, 2025-Q4, with the same cell at 2008-Q1 where it exists. License:free with “Source: BIS” attribution. Shares are of the sum of this reporter's named counterparty cells, not of its published total, because the two differ. Change is in the nominal USD stock and is not a flow. n/a means the cell does not exist at the earlier date, which is not the same as zero. Methodology
These are residence figures, so this page covers every bank booking here, foreign-owned subsidiaries and branches included, and excludes the foreign books of banks headquartered here but booking abroad. For the other side of the ledger, how much the world’s banks lend to this economy, see its counterparty page. The methodology gives the exact BIS selection behind every figure here.