Where does this money go?

How much money does the United States owe China?

approximately $1.06 trillion

How Much Money Does the U.S. Owe China? The United States owes China approximately $1.06 trillion as of January 2022.

How much money does the UK have 2021?

March 2021 United Kingdom budget

Presented	Wednesday
Total revenue	£819 billion
Total expenditures	£1.053 trillion
Deficit	£234 billion
Website	Budget 2021

Which country has no debt?

In 2020, Russia’s estimated level of national debt reached about 19.28 percent of the GDP, ranking 14th of the countries with the lowest national debt.
The 20 countries with the lowest national debt in 2020 in relation to gross domestic product (GDP)

Characteristic	National debt in relation to GDP
Tuvalu	7.29%