Of the economies in the World Bank's latest release, India has the highest net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) (US$36.3 billion in 2024) and China the lowest (−US$57.95 billion in 2024).
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.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | India | US$36.3 billion | 2024 |
| 2 | Mexico | US$6.63 billion | 2024 |
| 3 | Colombia | US$4.64 billion | 2024 |
| 4 | Uzbekistan | US$3.84 billion | 2024 |
| 5 | Türkiye | US$3.51 billion | 2024 |
| 6 | Mongolia | US$2.95 billion | 2024 |
| 7 | Mozambique | US$2.94 billion | 2024 |
| 8 | Kyrgyz Republic | US$1.19 billion | 2024 |
| 9 | Paraguay | US$1.18 billion | 2024 |
| 10 | Philippines | US$1.14 billion | 2024 |
| 11 | El Salvador | US$1.12 billion | 2024 |
| 12 | Egypt, Arab Rep. | US$1.05 billion | 2024 |
| 13 | Morocco | US$942.97 million | 2024 |
| 14 | Pakistan | US$779.96 million | 2024 |
| 15 | Tanzania | US$533.82 million | 2024 |
| 16 | Georgia | US$525.91 million | 2024 |
| 17 | Benin | US$504.98 million | 2023 |
| 18 | Albania | US$427.28 million | 2024 |
| 19 | Azerbaijan | US$368.86 million | 2024 |
| 20 | Honduras | US$362.5 million | 2024 |
| 21 | Guatemala | US$350.03 million | 2024 |
| 22 | Angola | US$315.18 million | 2024 |
| 23 | North Macedonia | US$301.41 million | 2024 |
| 24 | Armenia | US$278.53 million | 2024 |
| 25 | Guyana | US$273.87 million | 2024 |
| 26 | Rwanda | US$205.31 million | 2024 |
| 27 | Bosnia and Herzegovina | US$199.7 million | 2024 |
| 28 | Fiji | US$166.34 million | 2024 |
| 29 | Bangladesh | US$139.92 million | 2024 |
| 30 | Bulgaria | US$106.5 million | 2022 |
| 31 | Uganda | US$101.54 million | 2024 |
| 32 | Kosovo | US$99.68 million | 2024 |
| 33 | Burkina Faso | US$68.23 million | 2024 |
| 34 | Liberia | US$50.25 million | 2024 |
| 35 | Myanmar | US$32.05 million | 2024 |
| 36 | Tajikistan | US$29.12 million | 2024 |
| 37 | Lesotho | US$11.61 million | 2024 |
| 38 | Peru | US$9.01 million | 2024 |
| 39 | Solomon Islands | US$3.72 million | 2024 |
| 40 | Bhutan | US$2.5 million | 2021 |
| 41 | Haiti | US$1.67 million | 2023 |
| 42 | Jamaica | US$1,000 | 2024 |
| 43 | Dominica | −US$247,000 | 2024 |
| 44 | Belize | −US$797,000 | 2024 |
| 45 | Turkmenistan | −US$8.14 million | 2024 |
| 46 | Madagascar | −US$8.67 million | 2024 |
| 47 | Algeria | −US$21.92 million | 2024 |
| 48 | Guinea-Bissau | −US$23.6 million | 2020 |
| 49 | Moldova | −US$29.2 million | 2024 |
| 50 | Eswatini | −US$37.85 million | 2024 |
| 51 | Maldives | −US$43.97 million | 2024 |
| 52 | Zimbabwe | −US$51.37 million | 2024 |
| 53 | Cameroon | −US$53.46 million | 2024 |
| 54 | Kenya | −US$90.57 million | 2024 |
| 55 | Nepal | −US$99.09 million | 2024 |
| 56 | Serbia | −US$139.67 million | 2024 |
| 57 | Côte d'Ivoire | −US$141.21 million | 2024 |
| 58 | Mauritius | −US$141.67 million | 2024 |
| 59 | Nicaragua | −US$144.78 million | 2024 |
| 60 | Bolivia | −US$176.65 million | 2024 |
| 61 | Argentina | −US$190.54 million | 2024 |
| 62 | Tunisia | −US$342.63 million | 2024 |
| 63 | Dominican Republic | −US$424.04 million | 2024 |
| 64 | Sri Lanka | −US$432.14 million | 2024 |
| 65 | Senegal | −US$470.19 million | 2024 |
| 66 | Montenegro | −US$485.22 million | 2024 |
| 67 | Ukraine | −US$583.52 million | 2024 |
| 68 | South Africa | −US$666.8 million | 2024 |
| 69 | Belarus | −US$824.5 million | 2024 |
| 70 | Jordan | −US$858.87 million | 2024 |
| 71 | Lao PDR | −US$878.7 million | 2024 |
| 72 | Lebanon | −US$959.17 million | 2024 |
| 73 | Zambia | −US$1.11 billion | 2024 |
| 74 | Ghana | −US$1.24 billion | 2024 |
| 75 | Ecuador | −US$1.58 billion | 2024 |
| 76 | Nigeria | −US$1.86 billion | 2024 |
| 77 | Thailand | −US$1.86 billion | 2024 |
| 78 | Cambodia | −US$2.29 billion | 2024 |
| 79 | Papua New Guinea | −US$3 billion | 2024 |
| 80 | Indonesia | −US$3.71 billion | 2024 |
| 81 | Kazakhstan | −US$5.32 billion | 2024 |
| 82 | Viet Nam | −US$5.42 billion | 2024 |
| 83 | Brazil | −US$8.55 billion | 2024 |
| 84 | Russian Federation | −US$42.8 billion | 2022 |
| 85 | China | −US$57.95 billion | 2024 |
Regions and income groups
| Region or group | Latest value | Year |
|---|---|---|
| East Asia & Pacific (excluding high income) | −US$70.83 billion | 2024 |
| Europe & Central Asia (excluding high income) | US$3.38 billion | 2024 |
| IDA only | US$10.47 billion | 2023 |
| Latin America & Caribbean (excluding high income) | US$3.09 billion | 2024 |
| Low & middle income | −US$28.56 billion | 2024 |
| Low income | US$4.05 billion | 2024 |
| Lower middle income | US$27 billion | 2024 |
| Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | US$893.82 million | 2024 |
| Middle income | −US$32.61 billion | 2024 |
| South Asia | US$35.87 billion | 2024 |
| Sub-Saharan Africa (excluding high income) | −US$963.89 million | 2024 |
| Upper middle income | −US$59.61 billion | 2024 |
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- Imports of goods and services (current US$, BoP)
- Insurance and financial services (% of service imports, BoP)
- Goods imports (current US$, BoP)
- Service imports (current US$, BoP)
- Charges for the use of intellectual property, payments (BoP, current US$)
- Imports of goods, services and primary income (current US$, BoP)
- Transport services (% of service imports, BoP)
- Travel services (% of service imports, BoP)
- Foreign direct investment, net outflows (BoP, current US$)
Reading data like this
Source
World Bank, World Development Indicators, DT.NFL.DPNG.CD, CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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