Belarus: Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)

Key figures

What the numbers say

In 2024, Belarus' net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) rose US$854.57 million on 2023 (from −US$1.68 billion to −US$824.5 million).

Across the 23 yearly changes before that (2001 to 2023), the average change was −US$74.5 million and a typical year strayed about US$888.73 million from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$2.34 billion in 2017 and the biggest yearly fall was US$1.79 billion in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Belarus had the 64th highest value of the 79 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Belarus in the 2024 ranking

• Montenegro — 61st of 79: −US$485.22 million
• Ukraine — 62nd of 79: −US$583.52 million
• South Africa — 63rd of 79: −US$666.8 million
• Jordan — 65th of 79: −US$858.87 million
• Lao PDR — 66th of 79: −US$878.7 million
• Lebanon — 67th of 79: −US$959.17 million

What this measures

Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 25 values

Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) in nearby economies

• Albania — US$427.28 million (2024)
• Armenia — US$278.53 million (2024)
• Azerbaijan — US$368.86 million (2024)
• Bosnia and Herzegovina — US$199.7 million (2024)
• Bulgaria — US$106.5 million (2022)
• Georgia — US$525.91 million (2024)
• Kazakhstan — −US$5.32 billion (2024)
• Kosovo — US$99.68 million (2024)

More economic policy & debt data for Belarus

• Adjusted savings, education expenditure (% of GNI) — 4.45% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, energy depletion (current US$) — US$440.66 million (2021)
• General government final consumption expenditure (current US$) — US$17.65 billion (2025)
• General government final consumption expenditure (current LCU) — 54.18 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$8.15 billion (2025)
• General government final consumption expenditure (constant LCU) — 33.41 billion (2025)
• General government final consumption expenditure (% of GDP) — 18.9% (2025)

Reading data like this

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Questions people ask

What is Belarus's net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)?

−US$824.5 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is down 2,488% from US$34.53 million in 2000. The highest value was US$1.77 billion in 2019 and the lowest −US$2.23 billion in 2016.

How does Belarus rank?

64th highest of 79 economies with data for 2024.

Is the latest change in net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) unusual for Belarus?

In 2024, Belarus' net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) rose US$854.57 million on 2023 (from −US$1.68 billion to −US$824.5 million). Across the 23 yearly changes before that (2001 to 2023), the average change was −US$74.5 million and a typical year strayed about US$888.73 million from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator DT.NFL.DPNG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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