PPG, private creditors (NFL, US$) by country
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits...
Countries reporting
118
Highest
22.45 billion NFL, US$
China
Lowest
-40.02 billion NFL, US$
Russia
Median
-584,500 NFL, US$
Years covered
55
1970–2024
Data points
5,481
What the numbers show
PPG, private creditors (NFL, US$) is currently reported for 118 countries. The highest value is 22.45 billion NFL, US$ in China; the lowest is -40.02 billion NFL, US$ in Russia.
The median across all reporting countries is -584,500 NFL, US$, and the mean is 503.15 million NFL, US$.
Over the past decade 40 countries rose and 68 fell. The largest increase was in Guatemala (up 171,049.0%), and the largest decrease in Ukraine (down 352,889.0%).
PPG, private creditors: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | China | 22.45 billion NFL, US$ | 2024 | down 22.1% | volatile |
| 2 | India | 22.40 billion NFL, US$ | 2024 | down 32.7% | volatile |
| 3 | Indonesia | 11.05 billion NFL, US$ | 2024 | up 81.3% | volatile |
| 4 | Turkey | 8.08 billion NFL, US$ | 2024 | up 64.7% | volatile |
| 5 | Brazil | 7.53 billion NFL, US$ | 2024 | down 74.7% | volatile |
| 6 | South Africa | 6.52 billion NFL, US$ | 2024 | up 25.6% | volatile |
| 7 | Philippines | 5.00 billion NFL, US$ | 2024 | up 909.4% | volatile |
| 8 | Argentina | 3.64 billion NFL, US$ | 2024 | down 30.4% | volatile |
| 9 | Nigeria | 3.53 billion NFL, US$ | 2024 | up 606.2% | volatile |
| 10 | Colombia | 3.20 billion NFL, US$ | 2024 | down 59.6% | volatile |
| 11 | Uzbekistan | 3.16 billion NFL, US$ | 2024 | up 3,865.2% | volatile |
| 12 | Senegal | 3.09 billion NFL, US$ | 2024 | up 517.9% | volatile |
| 13 | Serbia | 2.78 billion NFL, US$ | 2024 | up 1,365.9% | volatile |
| 14 | Cote d'Ivoire | 2.59 billion NFL, US$ | 2024 | up 270.5% | volatile |
| 15 | Peru | 1.57 billion NFL, US$ | 2024 | up 503.0% | volatile |
| 16 | Dominican Republic | 1.41 billion NFL, US$ | 2024 | down 14.2% | volatile |
| 17 | Guatemala | 1.40 billion NFL, US$ | 2024 | up 171,049.0% | volatile |
| 18 | El Salvador | 1.25 billion NFL, US$ | 2024 | up 54.4% | volatile |
| 19 | Bulgaria | 1.02 billion NFL, US$ | 2022 | down 15.9% | volatile |
| 20 | Benin | 977.24 million NFL, US$ | 2024 | up 2,422.9% | volatile |
| 21 | Paraguay | 835.25 million NFL, US$ | 2024 | down 13.1% | volatile |
| 22 | Angola | 687.85 million NFL, US$ | 2024 | down 88.8% | volatile |
| 23 | Mongolia | 654.58 million NFL, US$ | 2024 | up 22,803.5% | volatile |
| 24 | Montenegro | 634.14 million NFL, US$ | 2024 | up 89.8% | volatile |
| 25 | Morocco | 494.36 million NFL, US$ | 2024 | down 84.4% | volatile |
| 26 | Honduras | 470.07 million NFL, US$ | 2024 | up 294.4% | volatile |
| 27 | Cameroon | 459.33 million NFL, US$ | 2024 | up 1,627.6% | volatile |
| 28 | Rwanda | 388.34 million NFL, US$ | 2024 | down 2.9% | volatile |
| 29 | Tanzania | 243.88 million NFL, US$ | 2024 | up 79.5% | volatile |
| 30 | Ecuador | 208.87 million NFL, US$ | 2024 | down 95.0% | volatile |
| 31 | Jordan | 207.76 million NFL, US$ | 2024 | down 78.8% | volatile |
| 32 | Togo | 155.35 million NFL, US$ | 2024 | up 1,398.8% | volatile |
| 33 | Maldives | 115.09 million NFL, US$ | 2024 | up 3,348.3% | volatile |
| 34 | Burkina Faso | 62.99 million NFL, US$ | 2024 | up 1,612.7% | volatile |
| 35 | Guinea | 52.07 million NFL, US$ | 2024 | up 17.7% | volatile |
| 36 | Madagascar | 24.79 million NFL, US$ | 2024 | up 24.6% | volatile |
| 37 | Guyana | 23.47 million NFL, US$ | 2024 | — | volatile |
| 38 | Eswatini | 21.84 million NFL, US$ | 2024 | up 2,146.4% | volatile |
| 39 | Liberia | 21.35 million NFL, US$ | 2024 | — | volatile |
| 40 | Sao Tome and Principe | 10.00 million NFL, US$ | 2015 | — | volatile |
| 41 | Guinea-Bissau | 3.15 million NFL, US$ | 2013 | up 1,871.9% | volatile |
| 42 | Ethiopia | 2.51 million NFL, US$ | 2024 | down 99.8% | volatile |
| 43 | Somalia | 2.43 million NFL, US$ | 1983 | down 30.8% | volatile |
| 44 | Kyrgyzstan | 0 NFL, US$ | 2005 | down 100.0% | volatile |
| 44 | Lebanon | 0 NFL, US$ | 2024 | up 100.0% | volatile |
| 44 | Sudan | 0 NFL, US$ | 2024 | — | volatile |
| 44 | Syria | 0 NFL, US$ | 2024 | — | volatile |
| 44 | Tajikistan | 0 NFL, US$ | 2024 | down 100.0% | volatile |
| 49 | Algeria | -58,000 NFL, US$ | 2023 | up 99.9% | volatile |
| 50 | Solomon Islands | -59,000 NFL, US$ | 2011 | up 86.1% | volatile |
| 51 | Vanuatu | -79,000 NFL, US$ | 1999 | down 1,087.5% | flat |
| 52 | Nepal | -129,000 NFL, US$ | 2024 | — | volatile |
| 53 | Tonga | -130,000 NFL, US$ | 2015 | down 116.7% | volatile |
| 54 | Mali | -140,000 NFL, US$ | 2019 | down 109.3% | volatile |
| 55 | Comoros | -145,000 NFL, US$ | 1986 | down 138.1% | volatile |
| 56 | Djibouti | -198,000 NFL, US$ | 2017 | up 94.6% | volatile |
| 57 | Saint Lucia | -200,000 NFL, US$ | 2024 | up 80.7% | volatile |
| 58 | Lesotho | -369,000 NFL, US$ | 2024 | up 66.1% | volatile |
| 59 | Yemen | -575,000 NFL, US$ | 2014 | — | volatile |
| 60 | Samoa | -594,000 NFL, US$ | 1994 | down 130.0% | volatile |
| 62 | Haiti | -1.16 million NFL, US$ | 2024 | up 50.0% | volatile |
| 63 | Mauritania | -1.18 million NFL, US$ | 2011 | down 42.3% | volatile |
| 64 | Nicaragua | -1.20 million NFL, US$ | 2024 | down 35.4% | volatile |
| 65 | Central African Republic | -1.45 million NFL, US$ | 2024 | up 33.4% | volatile |
| 66 | Burundi | -1.55 million NFL, US$ | 2006 | down 128.8% | volatile |
| 67 | Saint Vincent and the Grenadines | -1.85 million NFL, US$ | 2024 | down 364.8% | volatile |
| 68 | Malawi | -1.93 million NFL, US$ | 2015 | up 23.8% | volatile |
| 69 | Zimbabwe | -2.44 million NFL, US$ | 2024 | down 291.1% | volatile |
| 70 | Sierra Leone | -3.10 million NFL, US$ | 2022 | — | volatile |
| 71 | Cambodia | -3.20 million NFL, US$ | 1999 | — | flat |
| 72 | Gambia | -3.36 million NFL, US$ | 2024 | down 294.7% | volatile |
| 73 | Suriname | -4.15 million NFL, US$ | 2023 | down 351.0% | volatile |
| 74 | Bosnia and Herzegovina | -4.18 million NFL, US$ | 2024 | up 89.1% | volatile |
| 75 | Bhutan | -4.25 million NFL, US$ | 2024 | down 159.6% | volatile |
| 76 | Botswana | -4.44 million NFL, US$ | 2019 | down 788.0% | volatile |
| 77 | Armenia | -4.45 million NFL, US$ | 2024 | down 170.2% | volatile |
| 78 | Belarus | -4.48 million NFL, US$ | 2024 | up 99.6% | volatile |
| 79 | Grenada | -4.58 million NFL, US$ | 2024 | down 328.7% | volatile |
| 80 | Moldova | -5.32 million NFL, US$ | 2024 | down 177.9% | volatile |
| 81 | Belize | -6.48 million NFL, US$ | 2024 | down 1,125.1% | volatile |
| 82 | Papua New Guinea | -8.07 million NFL, US$ | 2024 | down 31.2% | volatile |
| 83 | Democratic Republic of Congo | -9.02 million NFL, US$ | 2024 | down 18.1% | volatile |
| 84 | Bolivia | -9.51 million NFL, US$ | 2024 | down 369.8% | volatile |
| 85 | Albania | -10.08 million NFL, US$ | 2024 | up 48.2% | volatile |
| 86 | Dominica | -11.62 million NFL, US$ | 2024 | down 400.6% | volatile |
| 87 | Ghana | -13.92 million NFL, US$ | 2024 | down 100.9% | volatile |
| 88 | Saint Kitts and Nevis | -15.49 million NFL, US$ | 2010 | down 193.6% | volatile |
| 89 | Georgia | -20.01 million NFL, US$ | 2024 | down 127.5% | volatile |
| 90 | Iran | -20.97 million NFL, US$ | 2024 | up 91.0% | volatile |
| 91 | Cape Verde | -22.14 million NFL, US$ | 2024 | down 119.4% | volatile |
| 92 | Niger | -23.21 million NFL, US$ | 2024 | — | volatile |
| 93 | Uganda | -80.77 million NFL, US$ | 2024 | down 14,575.6% | volatile |
| 94 | North Macedonia | -139.69 million NFL, US$ | 2024 | down 121.7% | volatile |
| 95 | Turkmenistan | -160.30 million NFL, US$ | 2024 | down 176.0% | volatile |
| 96 | Ukraine | -165.81 million NFL, US$ | 2024 | down 352,889.0% | volatile |
| 97 | Chad | -173.12 million NFL, US$ | 2024 | down 118.6% | volatile |
| 98 | Myanmar | -189.21 million NFL, US$ | 2024 | down 120.1% | volatile |
| 99 | Laos | -198.01 million NFL, US$ | 2024 | down 216.4% | volatile |
| 100 | Jamaica | -199.31 million NFL, US$ | 2024 | down 137.4% | volatile |
| 101 | Fiji | -200.00 million NFL, US$ | 2020 | down 300.0% | volatile |
| 102 | Mozambique | -234.99 million NFL, US$ | 2024 | down 144.2% | volatile |
| 103 | Thailand | -257.95 million NFL, US$ | 2024 | up 81.5% | volatile |
| 104 | Sri Lanka | -330.50 million NFL, US$ | 2024 | down 510.7% | volatile |
| 105 | Gabon | -338.56 million NFL, US$ | 2024 | down 925.1% | volatile |
| 106 | Zambia | -371.71 million NFL, US$ | 2024 | down 136.1% | volatile |
| 107 | Mauritius | -394.36 million NFL, US$ | 2024 | down 4,011.3% | volatile |
| 108 | Congo | -430.39 million NFL, US$ | 2024 | down 155.4% | volatile |
| 109 | Bangladesh | -547.12 million NFL, US$ | 2024 | down 387.1% | volatile |
| 110 | Kenya | -615.44 million NFL, US$ | 2024 | down 128.9% | volatile |
| 111 | Iraq | -658.21 million NFL, US$ | 2024 | down 10,093.7% | volatile |
| 112 | Kazakhstan | -777.93 million NFL, US$ | 2024 | down 131.1% | volatile |
| 113 | Pakistan | -945.11 million NFL, US$ | 2024 | down 127.2% | volatile |
| 114 | Tunisia | -1.30 billion NFL, US$ | 2024 | down 211.3% | volatile |
| 115 | Vietnam | -1.82 billion NFL, US$ | 2024 | down 250.2% | volatile |
| 116 | Azerbaijan | -2.06 billion NFL, US$ | 2024 | down 222.3% | volatile |
| 117 | Egypt | -2.31 billion NFL, US$ | 2024 | up 9.6% | volatile |
| 118 | Mexico | -3.91 billion NFL, US$ | 2024 | down 112.5% | volatile |
| 119 | Russia | -40.02 billion NFL, US$ | 2022 | down 358.4% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo -842,000 NFL, US$
- Low & middle income 98.57 billion NFL, US$
- Middle income 98.44 billion NFL, US$
- Upper middle income 64.14 billion NFL, US$
- East Asia & Pacific (excluding high income) 36.69 billion NFL, US$
- Lower middle income 34.29 billion NFL, US$
- South Asia 21.64 billion NFL, US$
- Latin America & Caribbean (excluding high income) 17.36 billion NFL, US$
- Sub-Saharan Africa (excluding high income) 16.12 billion NFL, US$
- Europe & Central Asia (excluding high income) 11.29 billion NFL, US$
- IDA only 2.79 billion NFL, US$
- Low income 129.40 million NFL, US$
About this data
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.