PPG, bonds (NFL, current US$) in Upper middle income
Upper middle income: PPG, bonds (NFL, current US$) was 83.22 billion NFL, current US$ in 2025. ◆ Volatile
Latest (2025)
83.22 billion NFL, current US$
Change on year
up 179.6%
Rank
3rd
of 13 groups
All-time high
164.84 billion NFL, current US$
in 2021
All-time low
-32.30 billion NFL, current US$
in 2022
Years of data
56
1970–2025
PPG, bonds in Upper middle income, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2025, ppg, bonds in Upper middle income stood at 83.22 billion NFL, current US$.
Compared with earlier readings it is up 179.6% on the previous year and up 55.9% over ten years.
Over the whole period, ppg, bonds in Upper middle income peaked at 164.84 billion NFL, current US$ in 2021 and was at its lowest, -32.30 billion NFL, current US$, in 2022.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, bonds (NFL, current US$) in Upper middle income, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 74.17 million NFL, current US$ | — |
| 1971 | 138.49 million NFL, current US$ | +86.7% |
| 1972 | 138.81 million NFL, current US$ | +0.2% |
| 1973 | 96.14 million NFL, current US$ | -30.7% |
| 1974 | 119.71 million NFL, current US$ | +24.5% |
| 1975 | 100.86 million NFL, current US$ | -15.8% |
| 1976 | 1.04 billion NFL, current US$ | +935.6% |
| 1977 | 2.02 billion NFL, current US$ | +93.0% |
| 1978 | 2.26 billion NFL, current US$ | +11.9% |
| 1979 | 756.73 million NFL, current US$ | -66.5% |
| 1980 | 613.80 million NFL, current US$ | -18.9% |
| 1981 | 1.28 billion NFL, current US$ | +108.6% |
| 1982 | 4.54 billion NFL, current US$ | +254.3% |
| 1983 | -231.48 million NFL, current US$ | -105.1% |
| 1984 | -737.58 million NFL, current US$ | +218.6% |
| 1985 | 551.80 million NFL, current US$ | -174.8% |
| 1986 | 243.38 million NFL, current US$ | -55.9% |
| 1987 | -1.00 billion NFL, current US$ | -511.2% |
| 1988 | 691.57 million NFL, current US$ | -169.1% |
| 1989 | 17.80 million NFL, current US$ | -97.4% |
| 1990 | 516.95 million NFL, current US$ | +2803.9% |
| 1991 | 3.06 billion NFL, current US$ | +492.7% |
| 1992 | -89.61 million NFL, current US$ | -102.9% |
| 1993 | 10.13 billion NFL, current US$ | -11404.1% |
| 1994 | 12.01 billion NFL, current US$ | +18.6% |
| 1995 | 9.59 billion NFL, current US$ | -20.1% |
| 1996 | 29.64 billion NFL, current US$ | +208.9% |
| 1997 | 22.93 billion NFL, current US$ | -22.6% |
| 1998 | 14.55 billion NFL, current US$ | -36.5% |
| 1999 | 32.69 billion NFL, current US$ | +124.6% |
| 2000 | 25.10 billion NFL, current US$ | -23.2% |
| 2001 | 13.19 billion NFL, current US$ | -47.4% |
| 2002 | 5.93 billion NFL, current US$ | -55.1% |
| 2003 | 17.79 billion NFL, current US$ | +200.1% |
| 2004 | 21.61 billion NFL, current US$ | +21.5% |
| 2005 | 25.59 billion NFL, current US$ | +18.4% |
| 2006 | -530.78 million NFL, current US$ | -102.1% |
| 2007 | 22.12 billion NFL, current US$ | -4267.3% |
| 2008 | 11.93 billion NFL, current US$ | -46.1% |
| 2009 | 26.41 billion NFL, current US$ | +121.4% |
| 2010 | 47.34 billion NFL, current US$ | +79.2% |
| 2011 | 68.96 billion NFL, current US$ | +45.7% |
| 2012 | 121.72 billion NFL, current US$ | +76.5% |
| 2013 | 82.50 billion NFL, current US$ | -32.2% |
| 2014 | 94.41 billion NFL, current US$ | +14.4% |
| 2015 | 53.39 billion NFL, current US$ | -43.4% |
| 2016 | 108.52 billion NFL, current US$ | +103.2% |
| 2017 | 140.44 billion NFL, current US$ | +29.4% |
| 2018 | 140.49 billion NFL, current US$ | +0.0% |
| 2019 | 115.48 billion NFL, current US$ | -17.8% |
| 2020 | 125.96 billion NFL, current US$ | +9.1% |
| 2021 | 164.84 billion NFL, current US$ | +30.9% |
| 2022 | -32.30 billion NFL, current US$ | -119.6% |
| 2023 | -24.36 billion NFL, current US$ | -24.6% |
| 2024 | 29.76 billion NFL, current US$ | -222.2% |
| 2025 | 83.22 billion NFL, current US$ | +179.6% |
Biggest year-on-year movements
Years where PPG, bonds (NFL, current US$) in Upper middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +11404.1% | -89.61 million NFL, current US$ | 10.13 billion NFL, current US$ |
| 2007 | +4267.3% | -530.78 million NFL, current US$ | 22.12 billion NFL, current US$ |
| 1990 | +2803.9% | 17.80 million NFL, current US$ | 516.95 million NFL, current US$ |
| 1976 | +935.6% | 100.86 million NFL, current US$ | 1.04 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 674.24 million NFL, current US$ | 74.17 million NFL, current US$ | 2.26 billion NFL, current US$ | 10 |
| 1980s | 596.59 million NFL, current US$ | -1.00 billion NFL, current US$ | 4.54 billion NFL, current US$ | 10 |
| 1990s | 13.50 billion NFL, current US$ | -89.61 million NFL, current US$ | 32.69 billion NFL, current US$ | 10 |
| 2000s | 16.91 billion NFL, current US$ | -530.78 million NFL, current US$ | 26.41 billion NFL, current US$ | 10 |
| 2010s | 97.32 billion NFL, current US$ | 47.34 billion NFL, current US$ | 140.49 billion NFL, current US$ | 10 |
| 2020s | 57.85 billion NFL, current US$ | -32.30 billion NFL, current US$ | 164.84 billion NFL, current US$ | 6 |
Countries ranked near Upper middle income
- 1 Colombia 20.90 billion NFL, current US$ compare
- 2 Mexico 17.78 billion NFL, current US$ compare
- 3 South Africa 15.08 billion NFL, current US$ compare
- 4 Turkey 11.69 billion NFL, current US$ compare
- 5 Argentina 10.37 billion NFL, current US$ compare
- 6 Indonesia 7.09 billion 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 ppg, bonds in Upper middle income?
- Ppg, bonds in Upper middle income was 83.22 billion NFL, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, bonds recorded in Upper middle income?
- The highest recorded value was 164.84 billion NFL, current US$ in 2021.
- What is the lowest ppg, bonds recorded in Upper middle income?
- The lowest recorded value was -32.30 billion NFL, current US$ in 2022.
- How does Upper middle income rank for ppg, bonds?
- Upper middle income ranks 3rd out of 13 groups with data for 2025.
- Is ppg, bonds rising or falling in Upper middle income?
- Over the last ten years it is up 55.9%. 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 PPG, bonds (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt from bonds that are either publicly issued or privately placed. 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.