External debt stocks, private nonguaranteed (PNG) (DOD, current US$) by country
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.
What the numbers show
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) is currently reported for 97 countries. The highest value is 507.95 billion DOD, current US$ in China; the lowest is 0 DOD, current US$ in Sudan.
The median across all reporting countries is 4.01 billion DOD, current US$, and the mean is 30.09 billion DOD, current US$.
Over the past decade 62 countries rose and 31 fell. The largest increase was in Egypt (up 12,655.3%), and the largest decrease in Botswana (down 100.0%).
External debt stocks, private nonguaranteed (PNG) (DOD, current US$): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | China | 507.95 billion DOD, current US$ | 2025 | up 42.8% | volatile |
| 2 | India | 337.18 billion DOD, current US$ | 2025 | up 47.0% | volatile |
| 3 | Brazil | 331.98 billion DOD, current US$ | 2025 | up 5.7% | volatile |
| 4 | Mexico | 241.23 billion DOD, current US$ | 2025 | up 14.9% | volatile |
| 5 | Turkey | 210.88 billion DOD, current US$ | 2025 | up 11.0% | volatile |
| 6 | Russia | 150.46 billion DOD, current US$ | 2022 | down 48.3% | volatile |
| 7 | Kazakhstan | 115.00 billion DOD, current US$ | 2025 | down 9.0% | volatile |
| 8 | Indonesia | 102.73 billion DOD, current US$ | 2025 | down 4.0% | volatile |
| 9 | Thailand | 97.42 billion DOD, current US$ | 2025 | up 74.4% | volatile |
| 10 | Colombia | 79.28 billion DOD, current US$ | 2025 | up 151.0% | volatile |
| 11 | Mozambique | 62.99 billion DOD, current US$ | 2025 | up 126.2% | volatile |
| 12 | Nigeria | 54.48 billion DOD, current US$ | 2025 | down 11.2% | volatile |
| 13 | Ukraine | 53.98 billion DOD, current US$ | 2025 | up 2.8% | volatile |
| 14 | Vietnam | 53.05 billion DOD, current US$ | 2025 | up 162.8% | volatile |
| 15 | Argentina | 49.53 billion DOD, current US$ | 2025 | up 17.6% | volatile |
| 16 | Peru | 33.89 billion DOD, current US$ | 2025 | down 15.0% | volatile |
| 17 | Philippines | 33.23 billion DOD, current US$ | 2025 | up 35.2% | volatile |
| 18 | Uzbekistan | 32.84 billion DOD, current US$ | 2025 | up 349.0% | volatile |
| 19 | Mongolia | 27.28 billion DOD, current US$ | 2025 | up 72.9% | volatile |
| 20 | South Africa | 24.21 billion DOD, current US$ | 2025 | down 29.5% | volatile |
| 21 | Serbia | 22.42 billion DOD, current US$ | 2025 | up 79.9% | volatile |
| 22 | Bulgaria | 19.39 billion DOD, current US$ | 2022 | down 37.2% | volatile |
| 23 | Pakistan | 17.58 billion DOD, current US$ | 2025 | up 271.0% | volatile |
| 24 | Guatemala | 15.49 billion DOD, current US$ | 2025 | up 32.2% | volatile |
| 25 | Lebanon | 13.34 billion DOD, current US$ | 2025 | down 59.4% | volatile |
| 26 | Senegal | 13.10 billion DOD, current US$ | 2025 | up 281.6% | volatile |
| 27 | Morocco | 12.02 billion DOD, current US$ | 2025 | up 114.0% | volatile |
| 28 | Paraguay | 11.75 billion DOD, current US$ | 2025 | up 4.3% | volatile |
| 29 | Ecuador | 11.40 billion DOD, current US$ | 2025 | up 67.9% | volatile |
| 30 | Bangladesh | 9.87 billion DOD, current US$ | 2025 | up 194.0% | volatile |
| 31 | Georgia | 8.99 billion DOD, current US$ | 2025 | up 43.5% | volatile |
| 32 | Sri Lanka | 8.95 billion DOD, current US$ | 2025 | up 17.1% | volatile |
| 33 | Laos | 8.33 billion DOD, current US$ | 2025 | up 99.2% | volatile |
| 34 | Dominican Republic | 7.85 billion DOD, current US$ | 2025 | up 7.1% | volatile |
| 35 | El Salvador | 7.69 billion DOD, current US$ | 2025 | up 62.9% | volatile |
| 36 | Belarus | 7.20 billion DOD, current US$ | 2025 | down 31.0% | volatile |
| 37 | Armenia | 6.54 billion DOD, current US$ | 2025 | up 80.0% | volatile |
| 38 | Nicaragua | 6.53 billion DOD, current US$ | 2025 | up 8.7% | volatile |
| 39 | Mauritius | 6.51 billion DOD, current US$ | 2025 | up 76.0% | volatile |
| 40 | Bosnia and Herzegovina | 6.06 billion DOD, current US$ | 2025 | up 4.9% | volatile |
| 41 | Zambia | 5.99 billion DOD, current US$ | 2025 | up 64.3% | volatile |
| 42 | Tanzania | 5.63 billion DOD, current US$ | 2025 | up 94.7% | volatile |
| 43 | Kyrgyzstan | 5.52 billion DOD, current US$ | 2025 | up 51.9% | volatile |
| 44 | Montenegro | 4.70 billion DOD, current US$ | 2025 | up 22.4% | volatile |
| 45 | Albania | 4.69 billion DOD, current US$ | 2025 | up 83.0% | volatile |
| 46 | Moldova | 4.68 billion DOD, current US$ | 2025 | up 47.0% | volatile |
| 47 | Suriname | 4.65 billion DOD, current US$ | 2025 | up 287.7% | volatile |
| 48 | Burkina Faso | 4.42 billion DOD, current US$ | 2025 | down 55.5% | rising |
| 49 | Ghana | 4.01 billion DOD, current US$ | 2025 | down 66.7% | volatile |
| 50 | North Macedonia | 3.86 billion DOD, current US$ | 2025 | up 115.0% | volatile |
| 51 | Uganda | 3.74 billion DOD, current US$ | 2025 | down 4.3% | rising |
| 52 | Zimbabwe | 3.69 billion DOD, current US$ | 2025 | up 91.8% | volatile |
| 53 | Rwanda | 3.58 billion DOD, current US$ | 2025 | up 181.5% | volatile |
| 54 | Egypt | 2.87 billion DOD, current US$ | 2025 | up 12,655.3% | volatile |
| 55 | Benin | 2.85 billion DOD, current US$ | 2025 | up 1,246.8% | volatile |
| 56 | Angola | 2.78 billion DOD, current US$ | 2025 | down 70.2% | volatile |
| 57 | Papua New Guinea | 2.50 billion DOD, current US$ | 2025 | down 86.4% | volatile |
| 58 | Tajikistan | 2.46 billion DOD, current US$ | 2025 | up 33.0% | volatile |
| 59 | Jamaica | 2.45 billion DOD, current US$ | 2025 | up 29.6% | volatile |
| 60 | Kosovo (UNSCR 1244) | 2.45 billion DOD, current US$ | 2025 | up 145.3% | rising |
| 61 | Cambodia | 2.44 billion DOD, current US$ | 2025 | up 3.2% | volatile |
| 62 | Jordan | 2.33 billion DOD, current US$ | 2025 | down 1.4% | volatile |
| 63 | Honduras | 2.20 billion DOD, current US$ | 2025 | up 111.4% | volatile |
| 64 | Kosovo | 1.84 billion DOD, current US$ | 2024 | up 86.7% | rising |
| 65 | Tunisia | 1.53 billion DOD, current US$ | 2025 | down 12.6% | volatile |
| 66 | Togo | 1.18 billion DOD, current US$ | 2025 | — | rising |
| 67 | Bolivia | 1.14 billion DOD, current US$ | 2025 | down 60.8% | volatile |
| 68 | Azerbaijan | 1.06 billion DOD, current US$ | 2025 | down 60.4% | volatile |
| 69 | Guyana | 999.49 million DOD, current US$ | 2025 | up 487.9% | volatile |
| 70 | Iran | 727.36 million DOD, current US$ | 2025 | — | volatile |
| 71 | Lesotho | 716.35 million DOD, current US$ | 2025 | up 2,198.9% | volatile |
| 72 | Nepal | 676.00 million DOD, current US$ | 2025 | up 1,095.3% | volatile |
| 73 | Fiji | 622.90 million DOD, current US$ | 2025 | up 109.1% | rising |
| 74 | Madagascar | 480.67 million DOD, current US$ | 2025 | up 3,675.6% | volatile |
| 75 | Myanmar | 431.24 million DOD, current US$ | 2025 | up 552.3% | volatile |
| 76 | Maldives | 350.04 million DOD, current US$ | 2025 | up 132.3% | volatile |
| 77 | Cameroon | 320.34 million DOD, current US$ | 2025 | down 65.1% | volatile |
| 78 | Algeria | 286.81 million DOD, current US$ | 2025 | down 9.7% | volatile |
| 79 | Kenya | 264.99 million DOD, current US$ | 2025 | down 63.9% | volatile |
| 80 | Solomon Islands | 241.05 million DOD, current US$ | 2025 | up 213.9% | volatile |
| 81 | Cote d'Ivoire | 145.79 million DOD, current US$ | 2025 | down 89.4% | volatile |
| 82 | Eswatini | 139.07 million DOD, current US$ | 2025 | up 89.8% | falling |
| 83 | Belize | 107.30 million DOD, current US$ | 2025 | up 10.3% | volatile |
| 84 | Liberia | 69.13 million DOD, current US$ | 2025 | down 2.7% | rising |
| 85 | Bhutan | 37.79 million DOD, current US$ | 2025 | down 34.6% | volatile |
| 86 | Afghanistan | 17.75 million DOD, current US$ | 2025 | down 6.6% | flat |
| 87 | Dominica | 17.72 million DOD, current US$ | 2025 | up 183.3% | rising |
| 88 | Samoa | 16.70 million DOD, current US$ | 2025 | — | volatile |
| 89 | Djibouti | 12.49 million DOD, current US$ | 2025 | down 94.4% | volatile |
| 90 | Haiti | 7.69 million DOD, current US$ | 2025 | up 946.5% | volatile |
| 91 | Congo | 7.26 million DOD, current US$ | 2025 | up 18.3% | rising |
| 92 | Turkmenistan | 2.72 million DOD, current US$ | 2025 | down 92.9% | volatile |
| 93 | Botswana | 0 DOD, current US$ | 2023 | down 100.0% | volatile |
| 93 | Guinea-Bissau | 0 DOD, current US$ | 2025 | down 100.0% | volatile |
| 93 | Malawi | 0 DOD, current US$ | 1992 | — | volatile |
| 93 | Niger | 0 DOD, current US$ | 2010 | down 100.0% | volatile |
| 93 | Sudan | 0 DOD, current US$ | 2001 | down 100.0% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Low & middle income 2.75 trillion DOD, current US$
- Middle income 2.67 trillion DOD, current US$
- Upper middle income 2.12 trillion DOD, current US$
- East Asia & Pacific (excluding high income) 836.25 billion DOD, current US$
- Latin America & Caribbean (excluding high income) 807.18 billion DOD, current US$
- Lower middle income 555.11 billion DOD, current US$
- Europe & Central Asia (excluding high income) 493.33 billion DOD, current US$
- South Asia 357.07 billion DOD, current US$
- IDA total 278.00 billion DOD, current US$
- Sub-Saharan Africa (excluding high income) 201.65 billion DOD, current US$
- IDA only 162.78 billion DOD, current US$
- Low income 75.59 billion DOD, current US$
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 51.01 billion DOD, current US$
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.