Net financial flows, RDB nonconcessional (NFL, current US$) in Upper middle income
Upper middle income: Net financial flows, RDB nonconcessional (NFL, current US$) was 1.61 billion NFL, current US$ in 2025. ◆ Volatile
Net financial flows, RDB nonconcessional in Upper middle income, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for net financial flows, rdb nonconcessional in Upper middle income is 1.61 billion NFL, current US$, measured in 2025.
The figure is down 50.7% on the previous year and down 77.6% over ten years.
Over the whole period, net financial flows, rdb nonconcessional in Upper middle income peaked at 11.68 billion NFL, current US$ in 2020 and was at its lowest, -1.38 billion NFL, current US$, in 2004.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, RDB nonconcessional (NFL, current US$) in Upper middle income, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 78.80 million NFL, current US$ | — |
| 1971 | 86.87 million NFL, current US$ | +10.2% |
| 1972 | 100.99 million NFL, current US$ | +16.3% |
| 1973 | 136.72 million NFL, current US$ | +35.4% |
| 1974 | 248.68 million NFL, current US$ | +81.9% |
| 1975 | 291.14 million NFL, current US$ | +17.1% |
| 1976 | 329.05 million NFL, current US$ | +13.0% |
| 1977 | 279.29 million NFL, current US$ | -15.1% |
| 1978 | 458.26 million NFL, current US$ | +64.1% |
| 1979 | 551.19 million NFL, current US$ | +20.3% |
| 1980 | 650.90 million NFL, current US$ | +18.1% |
| 1981 | 829.96 million NFL, current US$ | +27.5% |
| 1982 | 1.04 billion NFL, current US$ | +25.0% |
| 1983 | 960.57 million NFL, current US$ | -7.4% |
| 1984 | 1.28 billion NFL, current US$ | +33.2% |
| 1985 | 1.44 billion NFL, current US$ | +12.4% |
| 1986 | 1.32 billion NFL, current US$ | -8.1% |
| 1987 | 972.20 million NFL, current US$ | -26.4% |
| 1988 | 1.10 billion NFL, current US$ | +12.9% |
| 1989 | 1.58 billion NFL, current US$ | +43.8% |
| 1990 | 1.35 billion NFL, current US$ | -14.2% |
| 1991 | 1.21 billion NFL, current US$ | -10.9% |
| 1992 | 1.59 billion NFL, current US$ | +31.7% |
| 1993 | 2.28 billion NFL, current US$ | +43.7% |
| 1994 | 924.09 million NFL, current US$ | -59.5% |
| 1995 | 3.01 billion NFL, current US$ | +226.0% |
| 1996 | 1.98 billion NFL, current US$ | -34.2% |
| 1997 | 4.22 billion NFL, current US$ | +112.9% |
| 1998 | 5.86 billion NFL, current US$ | +38.9% |
| 1999 | 6.64 billion NFL, current US$ | +13.2% |
| 2000 | 4.52 billion NFL, current US$ | -31.9% |
| 2001 | 4.60 billion NFL, current US$ | +1.8% |
| 2002 | -28.27 million NFL, current US$ | -100.6% |
| 2003 | -197.48 million NFL, current US$ | +598.6% |
| 2004 | -1.38 billion NFL, current US$ | +600.5% |
| 2005 | 695.42 million NFL, current US$ | -150.3% |
| 2006 | -345.42 million NFL, current US$ | -149.7% |
| 2007 | 4.56 billion NFL, current US$ | -1421.6% |
| 2008 | 3.30 billion NFL, current US$ | -27.6% |
| 2009 | 10.50 billion NFL, current US$ | +217.7% |
| 2010 | 6.52 billion NFL, current US$ | -37.9% |
| 2011 | 4.22 billion NFL, current US$ | -35.4% |
| 2012 | 4.70 billion NFL, current US$ | +11.6% |
| 2013 | 760.57 million NFL, current US$ | -83.8% |
| 2014 | 4.70 billion NFL, current US$ | +518.6% |
| 2015 | 7.22 billion NFL, current US$ | +53.4% |
| 2016 | 6.94 billion NFL, current US$ | -3.9% |
| 2017 | 4.86 billion NFL, current US$ | -30.0% |
| 2018 | 6.15 billion NFL, current US$ | +26.7% |
| 2019 | 5.09 billion NFL, current US$ | -17.3% |
| 2020 | 11.68 billion NFL, current US$ | +129.6% |
| 2021 | 8.70 billion NFL, current US$ | -25.6% |
| 2022 | 7.92 billion NFL, current US$ | -8.9% |
| 2023 | 6.87 billion NFL, current US$ | -13.2% |
| 2024 | 3.28 billion NFL, current US$ | -52.3% |
| 2025 | 1.61 billion NFL, current US$ | -50.8% |
Biggest year-on-year movements
Years where Net financial flows, RDB nonconcessional (NFL, current US$) in Upper middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +1421.6% | -345.42 million NFL, current US$ | 4.56 billion NFL, current US$ |
| 2003 | -598.6% | -28.27 million NFL, current US$ | -197.48 million NFL, current US$ |
| 2004 | -600.5% | -197.48 million NFL, current US$ | -1.38 billion NFL, current US$ |
| 2014 | +518.6% | 760.57 million NFL, current US$ | 4.70 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 256.10 million NFL, current US$ | 78.80 million NFL, current US$ | 551.19 million NFL, current US$ | 10 |
| 1980s | 1.12 billion NFL, current US$ | 650.90 million NFL, current US$ | 1.58 billion NFL, current US$ | 10 |
| 1990s | 2.91 billion NFL, current US$ | 924.09 million NFL, current US$ | 6.64 billion NFL, current US$ | 10 |
| 2000s | 2.62 billion NFL, current US$ | -1.38 billion NFL, current US$ | 10.50 billion NFL, current US$ | 10 |
| 2010s | 5.12 billion NFL, current US$ | 760.57 million NFL, current US$ | 7.22 billion NFL, current US$ | 10 |
| 2020s | 6.68 billion NFL, current US$ | 1.61 billion NFL, current US$ | 11.68 billion NFL, current US$ | 6 |
Countries ranked near Upper middle income
- 4 Uzbekistan 854.34 million NFL, current US$ compare
- 5 Morocco 812.68 million NFL, current US$ compare
- 6 Bangladesh 565.78 million NFL, current US$ compare
- 7 El Salvador 533.77 million NFL, current US$ compare
- 8 India 437.99 million NFL, current US$ compare
- 9 Indonesia 433.07 million NFL, current US$ compare
- 10 Guyana 411.94 million NFL, current US$ compare
More external debt data for Upper middle income
- Net financial flows, IBRD 7.13 billion NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0.7477 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 82.27 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 1.43 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -3.03 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 259.75 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 2.60 trillion DOD, current US$ (2025)
- External debt stocks, long-term 4.71 trillion DOD, current US$ (2025)
Frequently asked questions
- What is net financial flows, rdb nonconcessional in Upper middle income?
- Net financial flows, rdb nonconcessional in Upper middle income was 1.61 billion NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, rdb nonconcessional recorded in Upper middle income?
- The highest recorded value was 11.68 billion NFL, current US$ in 2020.
- What is the lowest net financial flows, rdb nonconcessional recorded in Upper middle income?
- The lowest recorded value was -1.38 billion NFL, current US$ in 2004.
- How does Upper middle income rank for net financial flows, rdb nonconcessional?
- Upper middle income ranks 7th out of 13 groups with data for 2025.
- Is net financial flows, rdb nonconcessional rising or falling in Upper middle income?
- Over the last ten years it is down 77.6%. The long-run trend across the full record is volatile.
- Where does this Upper middle income data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, RDB nonconcessional (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Nonconcessional financial flows cover all disbursements except those made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.