Net financial flows, bilateral (NFL, current US$) by country
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments....
Countries reporting
123
Highest
3.45 billion NFL, current US$
India
Lowest
-2.89 billion NFL, current US$
Pakistan
Median
-2.20 million NFL, current US$
Years covered
55
1970–2024
Data points
6,334
What the numbers show
Net financial flows, bilateral (NFL, current US$) is currently reported for 123 countries. The highest value is 3.45 billion NFL, current US$ in India; the lowest is -2.89 billion NFL, current US$ in Pakistan.
The median across all reporting countries is -2.20 million NFL, current US$, and the mean is 40.76 million NFL, current US$.
Over the past decade 44 countries rose and 77 fell. The largest increase was in South Africa (up 9,023.7%), and the largest decrease in Tajikistan (down 6,256.5%).
Net financial flows, bilateral: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | India | 3.45 billion NFL, current US$ | 2024 | up 405.8% | volatile |
| 2 | Turkey | 3.44 billion NFL, current US$ | 2024 | up 736.0% | volatile |
| 3 | Bangladesh | 3.18 billion NFL, current US$ | 2024 | up 508.9% | volatile |
| 4 | Ukraine | 1.86 billion NFL, current US$ | 2024 | up 248.8% | volatile |
| 5 | Uzbekistan | 859.50 million NFL, current US$ | 2024 | up 504.6% | volatile |
| 6 | Maldives | 615.52 million NFL, current US$ | 2024 | up 792.9% | volatile |
| 7 | North Macedonia | 541.77 million NFL, current US$ | 2024 | up 287.7% | volatile |
| 8 | Morocco | 506.17 million NFL, current US$ | 2024 | down 15.8% | volatile |
| 9 | Chad | 482.88 million NFL, current US$ | 2024 | up 1,858.2% | volatile |
| 10 | Cambodia | 466.35 million NFL, current US$ | 2024 | down 10.1% | volatile |
| 11 | Philippines | 461.73 million NFL, current US$ | 2024 | up 230.1% | volatile |
| 12 | Ethiopia | 454.01 million NFL, current US$ | 2024 | down 74.2% | volatile |
| 13 | Peru | 425.79 million NFL, current US$ | 2024 | up 374.3% | volatile |
| 14 | South Africa | 378.53 million NFL, current US$ | 2024 | up 9,023.7% | volatile |
| 15 | Guyana | 374.56 million NFL, current US$ | 2024 | up 213.0% | volatile |
| 16 | Mexico | 367.45 million NFL, current US$ | 2024 | up 70.3% | volatile |
| 17 | Indonesia | 355.80 million NFL, current US$ | 2024 | up 118.6% | volatile |
| 18 | Serbia | 328.95 million NFL, current US$ | 2024 | down 71.5% | volatile |
| 19 | Benin | 284.77 million NFL, current US$ | 2024 | up 214.4% | volatile |
| 20 | Papua New Guinea | 257.15 million NFL, current US$ | 2024 | up 247.5% | volatile |
| 21 | Rwanda | 218.37 million NFL, current US$ | 2024 | up 471.7% | volatile |
| 22 | Bhutan | 181.65 million NFL, current US$ | 2024 | down 46.0% | volatile |
| 23 | Jordan | 129.28 million NFL, current US$ | 2024 | up 654.8% | volatile |
| 24 | Senegal | 118.96 million NFL, current US$ | 2024 | up 22.4% | volatile |
| 25 | Nigeria | 112.67 million NFL, current US$ | 2024 | down 71.4% | volatile |
| 26 | Moldova | 110.30 million NFL, current US$ | 2024 | up 2,360.3% | volatile |
| 27 | Kazakhstan | 106.47 million NFL, current US$ | 2024 | up 321.3% | volatile |
| 28 | Uganda | 103.89 million NFL, current US$ | 2024 | up 9.6% | volatile |
| 29 | Zambia | 99.53 million NFL, current US$ | 2024 | down 75.1% | volatile |
| 30 | Albania | 98.56 million NFL, current US$ | 2024 | up 212.9% | volatile |
| 31 | Russia | 97.37 million NFL, current US$ | 2022 | up 123.3% | volatile |
| 32 | Dominican Republic | 90.24 million NFL, current US$ | 2024 | down 64.6% | volatile |
| 33 | Saint Vincent and the Grenadines | 69.77 million NFL, current US$ | 2024 | up 632.9% | volatile |
| 34 | Myanmar | 67.23 million NFL, current US$ | 2024 | up 44.5% | volatile |
| 35 | Ghana | 65.25 million NFL, current US$ | 2024 | down 90.4% | volatile |
| 36 | Honduras | 58.80 million NFL, current US$ | 2024 | up 748.2% | volatile |
| 37 | Zimbabwe | 52.53 million NFL, current US$ | 2024 | down 47.8% | volatile |
| 38 | Tanzania | 45.42 million NFL, current US$ | 2024 | down 95.0% | volatile |
| 39 | Belize | 34.25 million NFL, current US$ | 2024 | down 22.7% | volatile |
| 40 | Eswatini | 33.70 million NFL, current US$ | 2024 | up 193.2% | volatile |
| 41 | Colombia | 33.14 million NFL, current US$ | 2024 | down 90.2% | volatile |
| 42 | Madagascar | 32.07 million NFL, current US$ | 2024 | up 24.0% | volatile |
| 43 | Gambia | 24.25 million NFL, current US$ | 2024 | up 419.1% | volatile |
| 44 | Paraguay | 17.46 million NFL, current US$ | 2024 | up 194.4% | volatile |
| 45 | Mali | 17.10 million NFL, current US$ | 2024 | down 81.9% | volatile |
| 46 | Sao Tome and Principe | 15.92 million NFL, current US$ | 2024 | up 13.8% | volatile |
| 47 | Burundi | 15.85 million NFL, current US$ | 2024 | up 4.8% | volatile |
| 48 | Egypt | 8.59 million NFL, current US$ | 2024 | up 100.6% | volatile |
| 49 | Solomon Islands | 7.19 million NFL, current US$ | 2024 | up 555.0% | volatile |
| 50 | Grenada | 6.50 million NFL, current US$ | 2024 | up 331.7% | volatile |
| 51 | Vanuatu | 3.89 million NFL, current US$ | 2024 | up 265.1% | volatile |
| 52 | Afghanistan | 0 NFL, current US$ | 2023 | down 100.0% | volatile |
| 52 | Syria | 0 NFL, current US$ | 2024 | — | volatile |
| 52 | Yemen | 0 NFL, current US$ | 2024 | up 100.0% | volatile |
| 55 | Lebanon | -58,441 NFL, current US$ | 2024 | down 100.0% | volatile |
| 56 | Kosovo | -376,605 NFL, current US$ | 2024 | down 103.8% | volatile |
| 56 | Kosovo (UNSCR 1244) | -376,605 NFL, current US$ | 2024 | down 103.8% | volatile |
| 58 | Saint Lucia | -1.12 million NFL, current US$ | 2024 | down 108.5% | volatile |
| 59 | East Timor | -1.38 million NFL, current US$ | 2024 | down 148.6% | volatile |
| 60 | Mauritius | -1.80 million NFL, current US$ | 2024 | down 103.1% | volatile |
| 61 | Liberia | -1.96 million NFL, current US$ | 2024 | down 34.6% | volatile |
| 62 | Botswana | -2.20 million NFL, current US$ | 2024 | up 86.9% | volatile |
| 63 | Somalia | -2.23 million NFL, current US$ | 2024 | — | volatile |
| 64 | Guinea-Bissau | -2.61 million NFL, current US$ | 2024 | down 158.5% | volatile |
| 65 | Central African Republic | -2.92 million NFL, current US$ | 2024 | down 105.0% | volatile |
| 66 | Gabon | -4.42 million NFL, current US$ | 2024 | down 103.4% | volatile |
| 67 | Lesotho | -6.20 million NFL, current US$ | 2024 | down 129.0% | volatile |
| 68 | Saint Kitts and Nevis | -6.57 million NFL, current US$ | 2010 | down 210.5% | volatile |
| 69 | Armenia | -9.13 million NFL, current US$ | 2024 | down 156.6% | volatile |
| 70 | Comoros | -9.52 million NFL, current US$ | 2024 | down 93.4% | volatile |
| 71 | Sierra Leone | -12.40 million NFL, current US$ | 2024 | down 1,502.8% | volatile |
| 72 | Malawi | -13.16 million NFL, current US$ | 2024 | down 138.1% | volatile |
| 73 | Eritrea | -13.58 million NFL, current US$ | 2024 | down 4.8% | volatile |
| 74 | Dominica | -13.59 million NFL, current US$ | 2024 | down 213.8% | volatile |
| 75 | El Salvador | -14.92 million NFL, current US$ | 2024 | up 40.7% | volatile |
| 76 | Tonga | -16.56 million NFL, current US$ | 2024 | down 2,398.8% | volatile |
| 77 | Djibouti | -17.73 million NFL, current US$ | 2024 | down 110.4% | volatile |
| 78 | Burkina Faso | -17.80 million NFL, current US$ | 2024 | down 6.6% | volatile |
| 79 | Bosnia and Herzegovina | -18.09 million NFL, current US$ | 2024 | down 149.0% | volatile |
| 80 | Iran | -18.32 million NFL, current US$ | 2024 | up 87.1% | volatile |
| 81 | Fiji | -19.33 million NFL, current US$ | 2024 | down 137.6% | volatile |
| 82 | Samoa | -19.37 million NFL, current US$ | 2024 | down 169.7% | volatile |
| 83 | Suriname | -22.62 million NFL, current US$ | 2023 | down 274.7% | volatile |
| 84 | Cape Verde | -23.54 million NFL, current US$ | 2024 | down 215.7% | volatile |
| 85 | Algeria | -23.80 million NFL, current US$ | 2024 | up 83.3% | volatile |
| 86 | Guatemala | -26.97 million NFL, current US$ | 2024 | down 122.6% | volatile |
| 87 | Montenegro | -27.56 million NFL, current US$ | 2024 | down 276.3% | volatile |
| 88 | Bulgaria | -31.61 million NFL, current US$ | 2022 | up 60.2% | volatile |
| 89 | Nicaragua | -34.14 million NFL, current US$ | 2024 | down 160.2% | volatile |
| 90 | Georgia | -34.83 million NFL, current US$ | 2024 | down 322.0% | volatile |
| 91 | Democratic Republic of Congo | -35.06 million NFL, current US$ | 2024 | down 320.8% | volatile |
| 92 | Togo | -35.06 million NFL, current US$ | 2024 | down 132.7% | volatile |
| 93 | Nepal | -48.87 million NFL, current US$ | 2024 | down 443.5% | volatile |
| 94 | Kyrgyzstan | -49.21 million NFL, current US$ | 2024 | down 112.4% | volatile |
| 95 | Niger | -58.29 million NFL, current US$ | 2024 | down 87.3% | volatile |
| 96 | Sudan | -65.19 million NFL, current US$ | 2024 | down 218.1% | volatile |
| 97 | Tunisia | -66.78 million NFL, current US$ | 2024 | down 124.6% | volatile |
| 98 | Jamaica | -72.05 million NFL, current US$ | 2024 | down 5,063.3% | volatile |
| 99 | Azerbaijan | -80.13 million NFL, current US$ | 2024 | down 682.9% | volatile |
| 100 | Laos | -81.42 million NFL, current US$ | 2024 | down 116.0% | volatile |
| 101 | Cote d'Ivoire | -88.74 million NFL, current US$ | 2024 | down 156.2% | volatile |
| 102 | Tajikistan | -89.03 million NFL, current US$ | 2024 | down 6,256.5% | volatile |
| 103 | Mauritania | -98.45 million NFL, current US$ | 2024 | down 189.0% | volatile |
| 104 | Bolivia | -103.26 million NFL, current US$ | 2024 | down 364.9% | volatile |
| 105 | Guinea | -111.91 million NFL, current US$ | 2024 | down 194.4% | volatile |
| 106 | Mozambique | -172.79 million NFL, current US$ | 2024 | down 121.2% | volatile |
| 107 | Congo | -223.53 million NFL, current US$ | 2024 | down 127.2% | volatile |
| 108 | Thailand | -226.20 million NFL, current US$ | 2024 | down 263.0% | volatile |
| 109 | China | -253.61 million NFL, current US$ | 2024 | down 1,100.3% | volatile |
| 110 | Brazil | -284.78 million NFL, current US$ | 2024 | down 144.8% | volatile |
| 111 | Cameroon | -349.55 million NFL, current US$ | 2024 | down 157.5% | volatile |
| 112 | Turkmenistan | -443.61 million NFL, current US$ | 2024 | up 44.6% | volatile |
| 113 | Haiti | -502.19 million NFL, current US$ | 2024 | down 230.1% | volatile |
| 114 | Mongolia | -518.89 million NFL, current US$ | 2024 | down 179.9% | volatile |
| 115 | Ecuador | -533.64 million NFL, current US$ | 2024 | down 198.6% | volatile |
| 116 | Kenya | -661.70 million NFL, current US$ | 2024 | down 152.1% | volatile |
| 117 | Angola | -711.76 million NFL, current US$ | 2024 | down 178.3% | volatile |
| 118 | Sri Lanka | -863.31 million NFL, current US$ | 2024 | down 187.5% | volatile |
| 119 | Vietnam | -903.42 million NFL, current US$ | 2024 | down 136.2% | volatile |
| 120 | Belarus | -923.72 million NFL, current US$ | 2024 | down 132.0% | volatile |
| 121 | Iraq | -1.29 billion NFL, current US$ | 2024 | down 176.7% | volatile |
| 122 | Argentina | -2.85 billion NFL, current US$ | 2024 | down 190.2% | volatile |
| 123 | Pakistan | -2.89 billion NFL, current US$ | 2024 | down 309.7% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- IDA only 9.06 billion NFL, current US$
- South Asia 6.51 billion NFL, current US$
- Europe & Central Asia (excluding high income) 5.67 billion NFL, current US$
- Low & middle income 4.59 billion NFL, current US$
- Middle income 3.67 billion NFL, current US$
- Lower middle income 2.55 billion NFL, current US$
- Upper middle income 1.12 billion NFL, current US$
- Low income 915.37 million NFL, current US$
- Sub-Saharan Africa (excluding high income) -170.66 million NFL, current US$
- East Asia & Pacific (excluding high income) -420.83 million NFL, current US$
- Latin America & Caribbean (excluding high income) -3.35 billion NFL, current US$
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) -3.66 billion NFL, current US$
About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.