Liberia vs Madagascar: Net flows on external debt, private nonguaranteed (PNG) (NFL, current)

Liberia
-16.49 million NFL, current US$
in 2025
Madagascar
-8.67 million NFL, current US$
in 2025
Liberia rank
66th
Madagascar rank
64th

Net flows on external debt, private nonguaranteed (PNG) (NFL, current) over time

  • Liberia
  • Madagascar
0100.0M200.0M300.0M400.0M200820162025

How they compare

Madagascar currently reports -8.67 million NFL, current US$ against -16.49 million NFL, current US$ in Liberia, a difference of 7.82 million NFL, current US$.

The two have swapped places 5 times across 12 shared years of data; in 2014 it was Liberia ahead.

Liberia ranks 66th and Madagascar ranks 64th of 94 countries.

Madagascar has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Liberia Madagascar Difference Ahead
2010s 8.11 million NFL, current US$ 14.98 million NFL, current US$ 6.87 million NFL, current US$ Madagascar
2020s 5.26 million NFL, current US$ 63.22 million NFL, current US$ 57.96 million NFL, current US$ Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net flows on external debt, private nonguaranteed (png), Liberia or Madagascar?
Madagascar, at -8.67 million NFL, current US$ against -16.49 million NFL, current US$ in Liberia as of 2025.
What is the difference in net flows on external debt, private nonguaranteed (png) between Liberia and Madagascar?
7.82 million NFL, current US$, with Madagascar ahead.
How many years of comparable data are there for Liberia and Madagascar?
12 years are reported by both, from 2014 to 2025.
How do Liberia and Madagascar rank globally for net flows on external debt, private nonguaranteed (png)?
Liberia ranks 66th and Madagascar ranks 64th of 94 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Liberia vs Madagascar: Net flows on external debt, private nonguaranteed (PNG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 12 November 2026, from https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/liberia/madagascar/

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<a href="https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/liberia/madagascar/">Liberia vs Madagascar: Net flows on external debt, private nonguaranteed (PNG)</a> — Statizoid

About this data

Indicator
Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
107 places, 3,805 data points, 1970–2025
Last refreshed

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.