External Debt by Country

Total external debt stocks, current US dollars (low and middle income economies). Latest values for 121 economies.

Among 121 countries, China has the highest external debt at $2,419.8B and Tonga the lowest at $0.2B (latest available readings).

External Debt by Region

Latest available reading (periods may differ by country). Choose a region or “All countries”.

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External Debt — All Countries

Sorted by latest value. Click headers to re-sort.

#CountryLastPreviousPeriodRegionSource
1China$2,419.8B$2,447.5B2024East Asia & PacificWorld Bank
2India$716.5B$647.6B2024South AsiaWorld Bank
3Brazil$605.5B$607.4B2024Latin America & CaribbeanWorld Bank
4Mexico$591.3B$596.0B2024Latin America & CaribbeanWorld Bank
5Turkey$515.0B$499.8B2024Europe & Central AsiaWorld Bank
6Indonesia$421.1B$399.6B2024East Asia & PacificWorld Bank
7Russia$376.1B$472.2B2022Europe & Central AsiaWorld Bank
8Argentina$242.4B$252.8B2024Latin America & CaribbeanWorld Bank
9Colombia$201.8B$196.2B2024Latin America & CaribbeanWorld Bank
10Ukraine$193.5B$179.0B2024Europe & Central AsiaWorld Bank
11Thailand$191.8B$194.7B2024East Asia & PacificWorld Bank
12South Africa$175.9B$165.8B2024Sub-Saharan AfricaWorld Bank
13Kazakhstan$167.5B$171.5B2024Europe & Central AsiaWorld Bank
14Egypt$156.0B$168.2B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
15Philippines$137.0B$124.5B2024East Asia & PacificWorld Bank
16Vietnam$132.9B$141.8B2024East Asia & PacificWorld Bank
17Pakistan$129.7B$131.0B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
18Nigeria$108.8B$102.5B2024Sub-Saharan AfricaWorld Bank
19Bangladesh$104.5B$101.4B2024South AsiaWorld Bank
20Peru$93.3B$94.0B2024Latin America & CaribbeanWorld Bank
21Uzbekistan$70.3B$61.6B2024Europe & Central AsiaWorld Bank
22Mozambique$69.8B$67.9B2024Sub-Saharan AfricaWorld Bank
23Morocco$68.0B$69.6B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
24Lebanon$67.4B$66.3B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
25Ecuador$60.4B$61.7B2024Latin America & CaribbeanWorld Bank
26Angola$58.7B$57.3B2024Sub-Saharan AfricaWorld Bank
27Sri Lanka$56.8B$60.5B2024South AsiaWorld Bank
28Dominican Republic$53.3B$52.2B2024Latin America & CaribbeanWorld Bank
29Serbia$52.0B$50.3B2024Europe & Central AsiaWorld Bank
30Bulgaria$47.2B$44.9B2022Europe & Central AsiaWorld Bank
31Senegal$47.1B$45.5B2024Sub-Saharan AfricaWorld Bank
32Jordan$47.0B$44.6B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
33Kenya$42.9B$42.9B2024Sub-Saharan AfricaWorld Bank
34Ivory Coast$40.6B$36.4B2024Sub-Saharan AfricaWorld Bank
35Tunisia$40.5B$42.4B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
36Mongolia$38.0B$35.0B2024East Asia & PacificWorld Bank
37Ghana$37.4B$41.7B2024Sub-Saharan AfricaWorld Bank
38Ethiopia$36.5B$33.3B2024Sub-Saharan AfricaWorld Bank
39Tanzania$36.3B$34.6B2024Sub-Saharan AfricaWorld Bank
40Belarus$34.2B$36.8B2024Europe & Central AsiaWorld Bank
41Paraguay$30.0B$26.6B2024Latin America & CaribbeanWorld Bank
42Zambia$28.1B$29.1B2024Sub-Saharan AfricaWorld Bank
43Guatemala$27.1B$25.7B2024Latin America & CaribbeanWorld Bank
44Georgia$25.2B$24.1B2024Europe & Central AsiaWorld Bank
45El Salvador$25.0B$22.9B2024Latin America & CaribbeanWorld Bank
46Sudan$22.0B$22.6B2024Sub-Saharan AfricaWorld Bank
47Cambodia$21.0B$22.5B2024East Asia & PacificWorld Bank
48Uganda$20.5B$20.3B2024Sub-Saharan AfricaWorld Bank
49Mauritius$20.4B$19.1B2024Sub-Saharan AfricaWorld Bank
50Laos$17.8B$18.1B2024East Asia & PacificWorld Bank
51Iraq$17.5B$20.3B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
52Armenia$16.4B$15.8B2024Europe & Central AsiaWorld Bank
53Cameroon$15.8B$15.4B2024Sub-Saharan AfricaWorld Bank
54Bolivia$15.7B$16.3B2024Latin America & CaribbeanWorld Bank
55Nicaragua$15.5B$15.4B2024Latin America & CaribbeanWorld Bank
56Jamaica$14.8B$15.4B2024Latin America & CaribbeanWorld Bank
57Zimbabwe$14.4B$14.5B2024Sub-Saharan AfricaWorld Bank
58Honduras$14.3B$12.9B2024Latin America & CaribbeanWorld Bank
59Benin$14.2B$12.5B2024Sub-Saharan AfricaWorld Bank
60Bosnia and Herzegovina$13.9B$13.9B2024Europe & Central AsiaWorld Bank
61Rwanda$13.1B$11.4B2024Sub-Saharan AfricaWorld Bank
62Papua New Guinea$12.9B$15.5B2024East Asia & PacificWorld Bank
63North Macedonia$12.8B$12.5B2024Europe & Central AsiaWorld Bank
64DR Congo$12.5B$12.0B2024Sub-Saharan AfricaWorld Bank
65Azerbaijan$12.2B$15.0B2024Europe & Central AsiaWorld Bank
66Kyrgyzstan$11.7B$10.2B2024Europe & Central AsiaWorld Bank
67Myanmar$11.2B$12.2B2024East Asia & PacificWorld Bank
68Burkina Faso$10.8B$10.5B2024Sub-Saharan AfricaWorld Bank
69Albania$10.7B$11.3B2024Europe & Central AsiaWorld Bank
70Moldova$10.5B$10.7B2024Europe & Central AsiaWorld Bank
71Nepal$10.2B$10.0B2024South AsiaWorld Bank
72Iran$9.7B$9.9B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
73Montenegro$8.7B$8.7B2024Europe & Central AsiaWorld Bank
74Yemen$7.1B$7.3B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
75Tajikistan$7.0B$6.6B2024Europe & Central AsiaWorld Bank
76Algeria$6.9B$7.3B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
77Gabon$6.8B$7.6B2024Sub-Saharan AfricaWorld Bank
78Republic of the Congo$6.7B$6.9B2024Sub-Saharan AfricaWorld Bank
79Madagascar$6.7B$6.4B2024Sub-Saharan AfricaWorld Bank
80Mali$6.4B$6.5B2024Sub-Saharan AfricaWorld Bank
81Guinea$5.4B$5.2B2024Sub-Saharan AfricaWorld Bank
82Niger$5.3B$5.6B2024Sub-Saharan AfricaWorld Bank
83Syria$4.8B$4.9B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
84Maldives$4.7B$4.0B2024South AsiaWorld Bank
85Mauritania$4.5B$4.6B2024Sub-Saharan AfricaWorld Bank
86Kosovo$4.4B$4.2B2024Europe & Central AsiaWorld Bank
87Togo$4.3B$3.4B2024Sub-Saharan AfricaWorld Bank
88Suriname$4.0B$4.2B2023Latin America & CaribbeanWorld Bank
89Fiji$3.9B$3.3B2024East Asia & PacificWorld Bank
90Malawi$3.7B$3.6B2024Sub-Saharan AfricaWorld Bank
91Guyana$3.7B$3.0B2024Latin America & CaribbeanWorld Bank
92Djibouti$3.5B$3.4B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
93Bhutan$3.4B$3.3B2024South AsiaWorld Bank
94Chad$3.3B$3.2B2024Sub-Saharan AfricaWorld Bank
95Afghanistan$3.3B$3.4B2024Middle East, North Africa, Afghanistan & PakistanWorld Bank
96Turkmenistan$3.3B$3.9B2024Europe & Central AsiaWorld Bank
97Cape Verde$2.4B$2.5B2024Sub-Saharan AfricaWorld Bank
98Sierra Leone$2.3B$2.4B2024Sub-Saharan AfricaWorld Bank
99Botswana$2.3B$2.2B2024Sub-Saharan AfricaWorld Bank
100Liberia$2.2B$2.1B2024Sub-Saharan AfricaWorld Bank
101Somalia, Fed. Rep.$1.8B$3.1B2024Sub-Saharan AfricaWorld Bank
102Lesotho$1.8B$1.8B2024Sub-Saharan AfricaWorld Bank
103Gambia$1.6B$1.3B2024Sub-Saharan AfricaWorld Bank
104Belize$1.6B$1.5B2024Latin America & CaribbeanWorld Bank
105Guinea-Bissau$1.4B$1.4B2024Sub-Saharan AfricaWorld Bank
106Eswatini$1.2B$1.2B2024Sub-Saharan AfricaWorld Bank
107St Lucia$1.2B$1.1B2024Latin America & CaribbeanWorld Bank
108Central African Republic$1.0B$1.1B2024Sub-Saharan AfricaWorld Bank
109Burundi$1.0B$1.0B2024Sub-Saharan AfricaWorld Bank
110Haiti$0.9B$3.2B2024Latin America & CaribbeanWorld Bank
111Grenada$0.9B$0.9B2024Latin America & CaribbeanWorld Bank
112St Vincent and the Grenadines$0.8B$0.7B2024Latin America & CaribbeanWorld Bank
113Eritrea$0.7B$0.7B2024Sub-Saharan AfricaWorld Bank
114Solomon Islands$0.6B$0.5B2024East Asia & PacificWorld Bank
115Dominica$0.6B$0.6B2024Latin America & CaribbeanWorld Bank
116Vanuatu$0.5B$0.5B2024East Asia & PacificWorld Bank
117Samoa$0.4B$0.4B2024East Asia & PacificWorld Bank
118Comoros$0.4B$0.4B2024Sub-Saharan AfricaWorld Bank
119Sao Tome and Principe$0.3B$0.3B2024Sub-Saharan AfricaWorld Bank
120Timor-Leste$0.3B$0.3B2024East Asia & PacificWorld Bank
121Tonga$0.2B$0.2B2024East Asia & PacificWorld Bank

External Debt around the world — in simple words

Overview

External Debt is available for 121 economies with recent data. The median value is $13.1B and the simple average is $77.4B.

Highest: China ($2,419.8B), India ($716.5B), Brazil ($605.5B), Mexico ($591.3B), Turkey ($515.0B).

Lowest: Tonga ($0.2B), Timor-Leste ($0.3B), Sao Tome and Principe ($0.3B), Comoros ($0.4B), Samoa ($0.4B).

Major economies

Among the 6 major economies tracked here, China ($2,419.8B) has the highest reading and South Africa ($175.9B) the lowest. Their median is $598.4B.

External Debt — Regional Medians

Median of the latest readings of countries in each World Bank region. The median is the middle value — half the countries are above it and half below.

RegionCountriesMedianHighestLowest
East Asia & Pacific16$15.3BChina $2,419.8BTonga $0.2B
Europe & Central Asia20$15.1BTurkey $515.0BTurkmenistan $3.3B
Latin America & Caribbean22$15.6BBrazil $605.5BDominica $0.6B
Middle East, North Africa, Afghanistan & Pakistan13$17.5BEgypt $156.0BAfghanistan $3.3B
South Asia6$33.5BIndia $716.5BBhutan $3.4B
Sub-Saharan Africa44$6.7BSouth Africa $175.9BSao Tome and Principe $0.3B

Understanding External Debt — a simple guide

What it measures

Total external debt stocks — owed to non-residents — in current US dollars (World Bank; low and middle income economies).

How it is calculated

Total debt owed to foreign lenders by the government and private sector, in US dollars.

Simple example

External debt of $650 billion includes government and company borrowing abroad.

▲ When it is high or rising

High external debt increases sensitivity to a weaker currency.

▼ When it is low or falling

Low external debt reduces exposure to foreign lenders.

Why it matters for the economy and markets

High external debt, especially short-term and foreign-currency debt, raises vulnerability to currency depreciation.

How to read it

Compare with exports and reserves to judge repayment capacity.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What does external debt measure?
Total external debt stocks — owed to non-residents — in current US dollars (World Bank; low and middle income economies).
Which country has the highest external debt?
Among the 121 economies with data, China has the highest latest reading at $2,419.8B (2024), and Tonga the lowest at $0.2B (2024). Periods differ between countries.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.