Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in Upper middle income

Upper middle income: Net flows on external debt, private nonguaranteed (PNG) (NFL, current) was 79.37 billion NFL, current US$ in 2025. ◆ Volatile

Latest (2025)
79.37 billion NFL, current US$
Change on year
up 309.8%
Rank
3rd
of 13 groups
All-time high
185.38 billion NFL, current US$
in 2011
All-time low
-38.49 billion NFL, current US$
in 2023
Years of data
56
1970–2025

Net flows on external debt, private nonguaranteed (PNG) in Upper middle income, 1970–2025

-50.0B050.0B100.0B150.0B200.0B197019972025

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

The most recent figure for net flows on external debt, private nonguaranteed (png) in Upper middle income is 79.37 billion NFL, current US$, measured in 2025.

Compared with earlier readings it is up 309.8% on the previous year and up 26.4% over ten years.

Over the whole period, net flows on external debt, private nonguaranteed (png) in Upper middle income peaked at 185.38 billion NFL, current US$ in 2011 and was at its lowest, -38.49 billion NFL, current US$, in 2023.

The series is highly variable year to year, so single readings are best treated with caution.

Net flows on external debt, private nonguaranteed (PNG) (NFL, current) in Upper middle income, year by year

Annual values for Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$) in Upper middle income, 1970 to 2025.
Year NFL, current US$ Change
1970 1.26 billion NFL, current US$ —
1971 1.75 billion NFL, current US$ +38.8%
1972 2.97 billion NFL, current US$ +69.9%
1973 2.15 billion NFL, current US$ -27.5%
1974 5.37 billion NFL, current US$ +149.3%
1975 4.40 billion NFL, current US$ -18.0%
1976 3.46 billion NFL, current US$ -21.5%
1977 4.34 billion NFL, current US$ +25.5%
1978 4.26 billion NFL, current US$ -1.9%
1979 4.73 billion NFL, current US$ +11.2%
1980 5.24 billion NFL, current US$ +10.8%
1981 13.32 billion NFL, current US$ +154.1%
1982 3.25 billion NFL, current US$ -75.6%
1983 -442.79 million NFL, current US$ -113.6%
1984 -1.37 billion NFL, current US$ +208.9%
1985 -2.01 billion NFL, current US$ +47.3%
1986 -1.65 billion NFL, current US$ -17.9%
1987 -1.05 billion NFL, current US$ -36.5%
1988 -2.05 billion NFL, current US$ +95.1%
1989 -205.53 million NFL, current US$ -90.0%
1990 8.53 billion NFL, current US$ -4249.9%
1991 7.19 billion NFL, current US$ -15.7%
1992 16.55 billion NFL, current US$ +130.3%
1993 16.69 billion NFL, current US$ +0.9%
1994 17.54 billion NFL, current US$ +5.1%
1995 22.37 billion NFL, current US$ +27.5%
1996 35.97 billion NFL, current US$ +60.8%
1997 38.61 billion NFL, current US$ +7.4%
1998 38.83 billion NFL, current US$ +0.6%
1999 4.63 billion NFL, current US$ -88.1%
2000 -1.18 billion NFL, current US$ -125.5%
2001 4.44 billion NFL, current US$ -476.7%
2002 -6.67 billion NFL, current US$ -250.1%
2003 22.82 billion NFL, current US$ -442.1%
2004 27.07 billion NFL, current US$ +18.6%
2005 41.81 billion NFL, current US$ +54.4%
2006 117.76 billion NFL, current US$ +181.7%
2007 152.53 billion NFL, current US$ +29.5%
2008 105.06 billion NFL, current US$ -31.1%
2009 19.53 billion NFL, current US$ -81.4%
2010 106.49 billion NFL, current US$ +445.2%
2011 185.38 billion NFL, current US$ +74.1%
2012 149.42 billion NFL, current US$ -19.4%
2013 176.62 billion NFL, current US$ +18.2%
2014 175.65 billion NFL, current US$ -0.6%
2015 62.82 billion NFL, current US$ -64.2%
2016 91.00 billion NFL, current US$ +44.9%
2017 172.50 billion NFL, current US$ +89.6%
2018 105.96 billion NFL, current US$ -38.6%
2019 101.70 billion NFL, current US$ -4.0%
2020 121.57 billion NFL, current US$ +19.5%
2021 96.50 billion NFL, current US$ -20.6%
2022 -36.44 billion NFL, current US$ -137.8%
2023 -38.49 billion NFL, current US$ +5.6%
2024 -37.83 billion NFL, current US$ -1.7%
2025 79.37 billion NFL, current US$ -309.8%

Biggest year-on-year movements

Years where Net flows on external debt, private nonguaranteed (PNG) (NFL, current) 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.

YearChange FromTo
1990 +4249.9% -205.53 million NFL, current US$ 8.53 billion NFL, current US$
2001 +476.7% -1.18 billion NFL, current US$ 4.44 billion NFL, current US$
2010 +445.2% 19.53 billion NFL, current US$ 106.49 billion NFL, current US$
2003 +442.1% -6.67 billion NFL, current US$ 22.82 billion NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.47 billion NFL, current US$ 1.26 billion NFL, current US$ 5.37 billion NFL, current US$ 10
1980s 1.30 billion NFL, current US$ -2.05 billion NFL, current US$ 13.32 billion NFL, current US$ 10
1990s 20.69 billion NFL, current US$ 4.63 billion NFL, current US$ 38.83 billion NFL, current US$ 10
2000s 48.32 billion NFL, current US$ -6.67 billion NFL, current US$ 152.53 billion NFL, current US$ 10
2010s 132.75 billion NFL, current US$ 62.82 billion NFL, current US$ 185.38 billion NFL, current US$ 10
2020s 30.78 billion NFL, current US$ -38.49 billion NFL, current US$ 121.57 billion NFL, current US$ 6

Countries ranked near Upper middle income

  1. 1 Turkey 44.64 billion NFL, current US$ compare
  2. 2 Brazil 25.58 billion NFL, current US$ compare
  3. 3 India 21.53 billion NFL, current US$ compare
  4. 4 Mexico 15.99 billion NFL, current US$ compare
  5. 5 Kazakhstan 14.56 billion NFL, current US$ compare
  6. 6 Argentina 13.47 billion NFL, current US$ compare

See the full ranking of 107 places →

More external debt data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is net flows on external debt, private nonguaranteed (png) in Upper middle income?
Net flows on external debt, private nonguaranteed (png) in Upper middle income was 79.37 billion NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
What is the highest net flows on external debt, private nonguaranteed (png) recorded in Upper middle income?
The highest recorded value was 185.38 billion NFL, current US$ in 2011.
What is the lowest net flows on external debt, private nonguaranteed (png) recorded in Upper middle income?
The lowest recorded value was -38.49 billion NFL, current US$ in 2023.
How does Upper middle income rank for net flows on external debt, private nonguaranteed (png)?
Upper middle income ranks 3rd out of 13 groups with data for 2025.
Is net flows on external debt, private nonguaranteed (png) rising or falling in Upper middle income?
Over the last ten years it is up 26.4%. 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 flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid updates them automatically from the source API.

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Net flows on external debt, private nonguaranteed (PNG) in Upper middle income. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 12 November 2026, from https://debt.statizoid.com/stat/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/upper-middle-income/

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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.