Of the economies in the World Bank's latest release, China has the highest PPG, commercial banks (NFL, current US$) (US$26.77 billion in 2024) and Russian Federation the lowest (−US$11.1 billion in 2022).
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. 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 | China | US$26.77 billion | 2024 |
| 2 | India | US$8.05 billion | 2024 |
| 3 | Indonesia | US$3.9 billion | 2024 |
| 4 | Senegal | US$2.12 billion | 2024 |
| 5 | Serbia | US$1.65 billion | 2024 |
| 6 | Nigeria | US$1.33 billion | 2024 |
| 7 | El Salvador | US$988.56 million | 2024 |
| 8 | Ecuador | US$944.87 million | 2024 |
| 9 | Mexico | US$926.62 million | 2024 |
| 10 | Cameroon | US$501.29 million | 2024 |
| 11 | Benin | US$461.66 million | 2024 |
| 12 | Côte d'Ivoire | US$375.4 million | 2024 |
| 13 | Tanzania | US$243.88 million | 2024 |
| 14 | Jordan | US$229.28 million | 2024 |
| 15 | Ghana | US$167.13 million | 2024 |
| 16 | Togo | US$155.35 million | 2024 |
| 17 | South Africa | US$112.05 million | 2024 |
| 18 | Maldives | US$94.8 million | 2024 |
| 19 | Türkiye | US$68.64 million | 2024 |
| 20 | Burkina Faso | US$62.99 million | 2024 |
| 21 | Pakistan | US$54.89 million | 2024 |
| 22 | Guyana | US$23.47 million | 2024 |
| 23 | Madagascar | US$22.92 million | 2024 |
| 24 | Liberia | US$21.35 million | 2024 |
| 25 | Ethiopia | US$8.86 million | 2024 |
| 26 | Mongolia | US$2.88 million | 2024 |
| 27 | Grenada | US$698,000 | 2024 |
| 28 | Sri Lanka | US$84,000 | 2024 |
| 29 | Congo, Rep. | US$0 | 2024 |
| 30 | Eswatini | US$0 | 2024 |
| 31 | Lebanon | US$0 | 2024 |
| 32 | Sudan | US$0 | 2024 |
| 33 | Syrian Arab Republic | US$0 | 2024 |
| 34 | Tajikistan | US$0 | 2024 |
| 35 | Zimbabwe | US$0 | 2024 |
| 36 | Mali | −US$140,000 | 2019 |
| 37 | Lesotho | −US$369,000 | 2024 |
| 38 | Bulgaria | −US$386,000 | 2022 |
| 39 | St. Vincent and the Grenadines | −US$475,000 | 2024 |
| 40 | Algeria | −US$498,000 | 2022 |
| 41 | Belize | −US$714,000 | 2024 |
| 42 | Kosovo | −US$842,000 | 2024 |
| 43 | Haiti | −US$1.16 million | 2024 |
| 44 | Nicaragua | −US$1.2 million | 2024 |
| 45 | Dominica | −US$1.31 million | 2024 |
| 46 | Guatemala | −US$1.71 million | 2024 |
| 47 | Djibouti | −US$1.79 million | 2015 |
| 48 | Malawi | −US$1.93 million | 2015 |
| 49 | Moldova | −US$2.07 million | 2024 |
| 50 | Georgia | −US$2.98 million | 2024 |
| 51 | Sierra Leone | −US$3.1 million | 2022 |
| 52 | Gambia, The | −US$3.36 million | 2024 |
| 53 | Congo, Dem. Rep. | −US$3.85 million | 2024 |
| 54 | Bosnia and Herzegovina | −US$4.18 million | 2024 |
| 55 | Bhutan | −US$4.25 million | 2024 |
| 56 | Armenia | −US$4.45 million | 2024 |
| 57 | Belarus | −US$4.48 million | 2024 |
| 58 | Ukraine | −US$6.69 million | 2024 |
| 59 | Papua New Guinea | −US$8.07 million | 2024 |
| 60 | Bolivia | −US$9.25 million | 2024 |
| 61 | Albania | −US$9.82 million | 2024 |
| 62 | Jamaica | −US$11.74 million | 2020 |
| 63 | Iran, Islamic Rep. | −US$20.97 million | 2024 |
| 64 | Zambia | −US$21.84 million | 2024 |
| 65 | Cabo Verde | −US$22.14 million | 2024 |
| 66 | Paraguay | −US$22.17 million | 2024 |
| 67 | Niger | −US$23.21 million | 2024 |
| 68 | Gabon | −US$24.12 million | 2024 |
| 69 | Guinea | −US$27.87 million | 2024 |
| 70 | Dominican Republic | −US$38.42 million | 2024 |
| 71 | Tunisia | −US$44.81 million | 2024 |
| 72 | Honduras | −US$63.26 million | 2024 |
| 73 | Argentina | −US$77.38 million | 2024 |
| 74 | Uganda | −US$80.77 million | 2024 |
| 75 | Thailand | −US$82.62 million | 2015 |
| 76 | Philippines | −US$99.7 million | 2024 |
| 77 | Lao PDR | −US$103.26 million | 2024 |
| 78 | Uzbekistan | −US$107.43 million | 2024 |
| 79 | Montenegro | −US$115.1 million | 2024 |
| 80 | Kenya | −US$115.44 million | 2024 |
| 81 | North Macedonia | −US$139.69 million | 2024 |
| 82 | Peru | −US$144.44 million | 2024 |
| 83 | Turkmenistan | −US$160.3 million | 2024 |
| 84 | Myanmar | −US$187.47 million | 2024 |
| 85 | Mozambique | −US$234.99 million | 2024 |
| 86 | Kazakhstan | −US$290.07 million | 2024 |
| 87 | Azerbaijan | −US$313.83 million | 2024 |
| 88 | Bangladesh | −US$365.76 million | 2024 |
| 89 | Mauritius | −US$395.94 million | 2024 |
| 90 | Morocco | −US$766.33 million | 2024 |
| 91 | Colombia | −US$858.59 million | 2024 |
| 92 | Egypt, Arab Rep. | −US$934.75 million | 2024 |
| 93 | Angola | −US$1.26 billion | 2024 |
| 94 | Brazil | −US$1.77 billion | 2024 |
| 95 | Viet Nam | −US$1.82 billion | 2024 |
| 96 | Russian Federation | −US$11.1 billion | 2022 |
Regions and income groups
| Region or group | Latest value | Year |
|---|---|---|
| East Asia & Pacific (excluding high income) | US$28.45 billion | 2024 |
| Europe & Central Asia (excluding high income) | US$554.4 million | 2024 |
| IDA only | US$3.55 billion | 2023 |
| Latin America & Caribbean (excluding high income) | −US$129.5 million | 2024 |
| Low & middle income | US$38.46 billion | 2024 |
| Low income | US$332.78 million | 2024 |
| Lower middle income | US$7.59 billion | 2024 |
| Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | −US$1.97 billion | 2024 |
| Middle income | US$38.12 billion | 2024 |
| South Asia | US$7.77 billion | 2024 |
| Sub-Saharan Africa (excluding high income) | US$3.78 billion | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- 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.PCBK.CD, CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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