IFC, private nonguaranteed (NFL, US$), per unit of GDP by country
IFC, private nonguaranteed (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Countries reporting
114
Highest
0.0063 NFL, US$ per US$ of GDP
Armenia
Lowest
-0.0021 NFL, US$ per US$ of GDP
Comoros
Median
0 NFL, US$ per US$ of GDP
Years covered
55
1970β2024
Data points
8,197
What the numbers show
IFC, private nonguaranteed (NFL, US$), per unit of GDP is currently reported for 114 countries. The highest value is 0.0063 NFL, US$ per US$ of GDP in Armenia; the lowest is -0.0021 NFL, US$ per US$ of GDP in Comoros.
The median across all reporting countries is 0 NFL, US$ per US$ of GDP, and the mean is 0.0005 NFL, US$ per US$ of GDP.
The gap between the highest and lowest reporting country is a factor of about 3.
Over the past decade 51 countries rose and 37 fell. The largest increase was in Jordan (up 6,642.3%), and the largest decrease in Zambia (down 1,774.4%).
IFC, private nonguaranteed (NFL, US$), per unit of GDP: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Armenia | 0.0063 NFL, US$ per US$ of GDP | 2024 | up 572.9% | volatile |
| 2 | Rwanda | 0.006 NFL, US$ per US$ of GDP | 2024 | up 333.9% | volatile |
| 3 | Chad | 0.0059 NFL, US$ per US$ of GDP | 2024 | up 174.2% | volatile |
| 4 | Mongolia | 0.0053 NFL, US$ per US$ of GDP | 2024 | up 839.4% | volatile |
| 5 | Tajikistan | 0.0039 NFL, US$ per US$ of GDP | 2024 | down 12.2% | volatile |
| 6 | Georgia | 0.0035 NFL, US$ per US$ of GDP | 2024 | up 732.8% | volatile |
| 7 | Togo | 0.0029 NFL, US$ per US$ of GDP | 2024 | down 70.4% | volatile |
| 8 | Burundi | 0.0025 NFL, US$ per US$ of GDP | 2024 | up 27.3% | volatile |
| 9 | Madagascar | 0.0021 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 10 | Uzbekistan | 0.002 NFL, US$ per US$ of GDP | 2024 | up 2,557.2% | volatile |
| 11 | Benin | 0.0019 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 12 | Honduras | 0.0018 NFL, US$ per US$ of GDP | 2024 | up 87.3% | volatile |
| 13 | CΓ΄te d'Ivoire | 0.0017 NFL, US$ per US$ of GDP | 2024 | up 26.9% | volatile |
| 14 | Morocco | 0.0016 NFL, US$ per US$ of GDP | 2024 | up 825.8% | volatile |
| 15 | Burkina Faso | 0.0015 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 16 | Ukraine | 0.0014 NFL, US$ per US$ of GDP | 2024 | up 428.0% | volatile |
| 16 | Least developed countries | 0.0002 NFL, US$ per US$ of GDP | 2024 | down 44.4% | volatile |
| 17 | Sierra Leone | 0.0013 NFL, US$ per US$ of GDP | 2024 | up 722.8% | volatile |
| 18 | Egypt | 0.0012 NFL, US$ per US$ of GDP | 2024 | up 1,061.6% | volatile |
| 19 | Mali | 0.0011 NFL, US$ per US$ of GDP | 2024 | up 552.6% | volatile |
| 20 | Niger | 0.0011 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 21 | Bulgaria | 0.001 NFL, US$ per US$ of GDP | 2024 | up 258.1% | volatile |
| 22 | El Salvador | 0.0008 NFL, US$ per US$ of GDP | 2024 | down 58.8% | volatile |
| 23 | Albania | 0.0008 NFL, US$ per US$ of GDP | 2024 | down 13.7% | volatile |
| 24 | Nepal | 0.0008 NFL, US$ per US$ of GDP | 2024 | up 294.0% | volatile |
| 25 | Ecuador | 0.0008 NFL, US$ per US$ of GDP | 2024 | up 285.1% | volatile |
| 26 | Philippines | 0.0007 NFL, US$ per US$ of GDP | 2024 | up 724.0% | volatile |
| 27 | Senegal | 0.0007 NFL, US$ per US$ of GDP | 2024 | up 338.1% | volatile |
| 28 | Thailand | 0.0007 NFL, US$ per US$ of GDP | 2024 | up 301.9% | volatile |
| 29 | Botswana | 0.0006 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 30 | Jordan | 0.0006 NFL, US$ per US$ of GDP | 2024 | up 6,642.3% | volatile |
| 31 | Colombia | 0.0005 NFL, US$ per US$ of GDP | 2024 | up 466.4% | volatile |
| 32 | Maldives | 0.0005 NFL, US$ per US$ of GDP | 2024 | up 114.5% | volatile |
| 33 | Cameroon | 0.0004 NFL, US$ per US$ of GDP | 2024 | up 172.2% | volatile |
| 34 | India | 0.0004 NFL, US$ per US$ of GDP | 2024 | up 604.9% | volatile |
| 35 | Peru | 0.0004 NFL, US$ per US$ of GDP | 2024 | up 608.7% | volatile |
| 36 | Nigeria | 0.0004 NFL, US$ per US$ of GDP | 2024 | up 1,697.3% | volatile |
| 37 | Republic of Moldova | 0.0004 NFL, US$ per US$ of GDP | 2024 | down 69.1% | volatile |
| 38 | Cabo Verde | 0.0003 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 39 | Brazil | 0.0003 NFL, US$ per US$ of GDP | 2024 | up 1,457.8% | volatile |
| 40 | Serbia | 0.0003 NFL, US$ per US$ of GDP | 2024 | up 109.8% | volatile |
| 41 | Democratic Republic of the Congo | 0.0003 NFL, US$ per US$ of GDP | 2024 | down 49.3% | volatile |
| 42 | Azerbaijan | 0.0002 NFL, US$ per US$ of GDP | 2024 | up 173.3% | volatile |
| 43 | Ethiopia | 0.0002 NFL, US$ per US$ of GDP | 2024 | down 91.1% | volatile |
| 44 | Dominican Republic | 0.0001 NFL, US$ per US$ of GDP | 2024 | up 272.3% | volatile |
| 45 | Bangladesh | 0.0001 NFL, US$ per US$ of GDP | 2024 | down 84.0% | volatile |
| 46 | Kazakhstan | 0 NFL, US$ per US$ of GDP | 2024 | up 8.4% | volatile |
| 47 | Mexico | 0 NFL, US$ per US$ of GDP | 2024 | down 30.3% | volatile |
| 48 | China | 0 NFL, US$ per US$ of GDP | 2024 | down 53.4% | volatile |
| 49 | Gabon | 0 NFL, US$ per US$ of GDP | 2024 | down 98.9% | volatile |
| 50 | Afghanistan | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Angola | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Bosnia and Herzegovina | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Belarus | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Belize | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Bolivia (Plurinational State of) | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Bhutan | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Central African Republic | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Algeria | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Eritrea | 0 NFL, US$ per US$ of GDP | 2011 | β | volatile |
| 50 | Fiji | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Guinea-Bissau | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Grenada | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Guyana | 0 NFL, US$ per US$ of GDP | 2024 | down 100.0% | volatile |
| 50 | Iran (Islamic Republic of) | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Jamaica | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Liberia | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Saint Lucia | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | North Macedonia | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Malaysia | 0 NFL, US$ per US$ of GDP | 2016 | β | volatile |
| 50 | Papua New Guinea | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Russia | 0 NFL, US$ per US$ of GDP | 2024 | up 100.0% | volatile |
| 50 | Sudan | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Solomon Islands | 0 NFL, US$ per US$ of GDP | 2024 | down 100.0% | volatile |
| 50 | Eswatini | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Seychelles | 0 NFL, US$ per US$ of GDP | 2016 | up 100.0% | volatile |
| 50 | Tonga | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Vanuatu | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Samoa | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 50 | Zimbabwe | 0 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 89 | Indonesia | -0 NFL, US$ per US$ of GDP | 2024 | down 100.3% | volatile |
| 90 | Haiti | -0 NFL, US$ per US$ of GDP | 2024 | down 101.1% | volatile |
| 91 | Tunisia | -0 NFL, US$ per US$ of GDP | 2024 | up 68.3% | volatile |
| 92 | Malawi | -0 NFL, US$ per US$ of GDP | 2024 | down 103.3% | volatile |
| 93 | Gambia | -0 NFL, US$ per US$ of GDP | 2024 | up 81.2% | volatile |
| 94 | South Africa | -0 NFL, US$ per US$ of GDP | 2024 | down 454.0% | volatile |
| 95 | Congo | -0.0001 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 96 | TΓΌrkiye | -0.0001 NFL, US$ per US$ of GDP | 2024 | up 7.1% | volatile |
| 97 | Kenya | -0.0002 NFL, US$ per US$ of GDP | 2024 | down 112.7% | volatile |
| 98 | Pakistan | -0.0002 NFL, US$ per US$ of GDP | 2024 | down 77.1% | volatile |
| 99 | Myanmar | -0.0002 NFL, US$ per US$ of GDP | 2024 | down 117.4% | volatile |
| 100 | Mauritania | -0.0002 NFL, US$ per US$ of GDP | 2024 | up 98.5% | volatile |
| 101 | Montenegro | -0.0002 NFL, US$ per US$ of GDP | 2024 | up 62.9% | volatile |
| 102 | Viet Nam | -0.0002 NFL, US$ per US$ of GDP | 2024 | down 15.3% | volatile |
| 103 | Lebanon | -0.0003 NFL, US$ per US$ of GDP | 2024 | down 1,510.2% | volatile |
| 104 | Paraguay | -0.0003 NFL, US$ per US$ of GDP | 2024 | down 177.0% | volatile |
| 105 | Uganda | -0.0003 NFL, US$ per US$ of GDP | 2024 | down 184.4% | volatile |
| 106 | Kyrgyzstan | -0.0003 NFL, US$ per US$ of GDP | 2024 | down 170.3% | volatile |
| 107 | Kosovo | -0.0004 NFL, US$ per US$ of GDP | 2024 | down 216.9% | volatile |
| 108 | Yemen | -0.0004 NFL, US$ per US$ of GDP | 2018 | down 129.6% | volatile |
| 109 | Argentina | -0.0004 NFL, US$ per US$ of GDP | 2024 | down 77.1% | volatile |
| 110 | Timor-Leste | -0.0004 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 111 | Mozambique | -0.0004 NFL, US$ per US$ of GDP | 2024 | down 174.6% | volatile |
| 112 | Ghana | -0.0004 NFL, US$ per US$ of GDP | 2024 | up 54.8% | volatile |
| 113 | United Republic of Tanzania | -0.0004 NFL, US$ per US$ of GDP | 2024 | down 176.1% | volatile |
| 114 | Nicaragua | -0.0005 NFL, US$ per US$ of GDP | 2024 | up 58.8% | volatile |
| 115 | Sri Lanka | -0.0005 NFL, US$ per US$ of GDP | 2024 | down 358.3% | volatile |
| 116 | Guatemala | -0.0005 NFL, US$ per US$ of GDP | 2024 | down 322.7% | volatile |
| 117 | Mauritius | -0.0006 NFL, US$ per US$ of GDP | 2024 | β | volatile |
| 118 | Guinea | -0.0006 NFL, US$ per US$ of GDP | 2024 | down 186.3% | volatile |
| 119 | Lao People's Democratic Republic | -0.0008 NFL, US$ per US$ of GDP | 2024 | down 222.4% | volatile |
| 120 | Zambia | -0.0008 NFL, US$ per US$ of GDP | 2024 | down 1,774.4% | volatile |
| 121 | Cambodia | -0.0009 NFL, US$ per US$ of GDP | 2024 | down 135.5% | volatile |
| 122 | Comoros | -0.0021 NFL, US$ per US$ of GDP | 2024 | β | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Africa Western and Central 0.0007 NFL, US$ per US$ of GDP
- Low income 0.0006 NFL, US$ per US$ of GDP
- Heavily indebted poor countries (HIPC) 0.0005 NFL, US$ per US$ of GDP
- Lower middle income 0.0004 NFL, US$ per US$ of GDP
- Pre-demographic dividend 0.0004 NFL, US$ per US$ of GDP
- IDA blend 0.0004 NFL, US$ per US$ of GDP
- South Asia 0.0004 NFL, US$ per US$ of GDP
- South Asia (IDA & IBRD) 0.0004 NFL, US$ per US$ of GDP
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 0.0004 NFL, US$ per US$ of GDP
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 0.0004 NFL, US$ per US$ of GDP
- Europe & Central Asia (excluding high income) 0.0003 NFL, US$ per US$ of GDP
- Sub-Saharan Africa (excluding high income) 0.0003 NFL, US$ per US$ of GDP
How this figure is calculated
IFC, private nonguaranteed (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
IFC, private nonguaranteed (NFL, US$) Γ· GDP (current US$)
Computed from
- IFC, private nonguaranteed International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
IFC, private nonguaranteed (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.