China vs India: External debt stocks, private nonguaranteed (PNG) (DOD, current US$)
China
507.95 billion DOD, current US$
in 2025
India
337.18 billion DOD, current US$
in 2025
China rank
1st
India rank
2nd
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) over time
- China
- India
How they compare
China currently reports 507.95 billion DOD, current US$ against 337.18 billion DOD, current US$ in India, a difference of 170.76 billion DOD, current US$.
That makes China's figure about 1.5 times India's.
The two have swapped places 3 times across 34 shared years of data; in 1992 it was India ahead.
China ranks 1st and India ranks 2nd of 98 countries.
Across the 4 decades both report, China averaged higher in 3 and India in 1.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.87 billion DOD, current US$ | 6.12 billion DOD, current US$ | 2.74 billion DOD, current US$ | China |
| 2000s | 58.39 billion DOD, current US$ | 60.10 billion DOD, current US$ | 1.71 billion DOD, current US$ | India |
| 2010s | 343.13 billion DOD, current US$ | 201.93 billion DOD, current US$ | 141.20 billion DOD, current US$ | China |
| 2020s | 637.44 billion DOD, current US$ | 288.18 billion DOD, current US$ | 349.25 billion DOD, current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external debt stocks, private nonguaranteed (png), China or India?
- China, at 507.95 billion DOD, current US$ against 337.18 billion DOD, current US$ in India as of 2025.
- What is the difference in external debt stocks, private nonguaranteed (png) between China and India?
- 170.76 billion DOD, current US$, with China ahead.
- How many years of comparable data are there for China and India?
- 34 years are reported by both, from 1992 to 2025.
- How do China and India rank globally for external debt stocks, private nonguaranteed (png)?
- China ranks 1st and India ranks 2nd of 98 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.