India vs Upper middle income: Net flows on external debt, private nonguaranteed (PNG) (NFL, current)
Net flows on external debt, private nonguaranteed (PNG) (NFL, current) over time
- India
- Upper middle income
How they compare
Upper middle income currently reports 79.37 billion NFL, current US$ against 21.53 billion NFL, current US$ in India, a difference of 57.84 billion NFL, current US$.
That makes Upper middle income's figure about 3.7 times India's.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Upper middle income ahead.
India ranks 3rd and Upper middle income ranks 3rd of 94 countries.
Upper middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.07 million NFL, current US$ | 3.47 billion NFL, current US$ | 3.47 billion NFL, current US$ | Upper middle income |
| 1980s | 81.54 million NFL, current US$ | 1.30 billion NFL, current US$ | 1.22 billion NFL, current US$ | Upper middle income |
| 1990s | 394.98 million NFL, current US$ | 20.69 billion NFL, current US$ | 20.30 billion NFL, current US$ | Upper middle income |
| 2000s | 7.87 billion NFL, current US$ | 48.32 billion NFL, current US$ | 40.44 billion NFL, current US$ | Upper middle income |
| 2010s | 13.38 billion NFL, current US$ | 132.75 billion NFL, current US$ | 119.38 billion NFL, current US$ | Upper middle income |
| 2020s | 14.29 billion NFL, current US$ | 30.78 billion NFL, current US$ | 16.49 billion NFL, current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net flows on external debt, private nonguaranteed (png), India or Upper middle income?
- Upper middle income, at 79.37 billion NFL, current US$ against 21.53 billion NFL, current US$ in India as of 2025.
- What is the difference in net flows on external debt, private nonguaranteed (png) between India and Upper middle income?
- 57.84 billion NFL, current US$, with Upper middle income ahead.
- How many years of comparable data are there for India and Upper middle income?
- 56 years are reported by both, from 1970 to 2025.
- How do India and Upper middle income rank globally for net flows on external debt, private nonguaranteed (png)?
- India ranks 3rd and Upper middle income ranks 3rd of 94 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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.