Money in a cage

External Debt (% of GDP)

External debt as a percentage of Gross Domestic Product (GDP) is the ratio between the debt a country owes to non-resident creditors and its nominal GDP. External debt is the part of a country’s total debt that was borrowed from foreign lenders, including commercial banks, governments or international financial institutions. Debtors can be individuals, corporations or the government. The external debt comprises the outstanding amount of those actual current and not contingent liabilities owed to non-residents by residents of the country, which require the debtor to pay principal and/or interest at some point(s) in the future. External debt is also referred to as foreign debt.

This chart displays External Debt (% of GDP) for Middle East & North Africa, Latin America, South Asia from 2010 to 2021.

External Debt (% of GDP) Data

2018 2019 2020 2021 2022
Albania 61.3 60.8 69.7 57.6 55.5
Australia 113.2 110.5 110.1 102.9 91.8
Austria 150.84 154.30 165.70 163.32 149.23
Bosnia-Herz. 61.4 60.7 67.1 54.0 -
Bulgaria 66.1 61.3 63.3 58.0 52.5
Croatia 79.9 74.3 87.8 78.0 75.2
Cuba 18.43 18.37 - - -
Cyprus 891.76 824.27 801.69 699.46 620.78
Czech Republic 78.8 76.7 81.9 73.4 67.8
Denmark 898 967 1,035 933 877
Estonia 77.6 77.7 86.1 83.7 83.2
Afghanistan 14.6 14.1 15.1 - -
Algeria 3.3 3.2 3.6 4.5 -
Angola 62.5 78.2 122.9 94.2 -
Antigua and Barbuda 40 39 50 55 -
Argentina 52.9 62.3 70.5 55.0 43.9
Armenia 87.7 90.9 102.2 99.8 78.2
Azerbaijan 34.5 33.0 37.1 26.8 -
Bahamas, The 20.4 19.5 41.7 38.9 -
Bangladesh 17.9 17.8 19.7 22.0 -
Belarus 65.5 63.1 68.5 60.1 58.7
Belize 58.7 57.4 73.9 58.6 -
Benin 23.1 25.0 28.4 32.9 -
Bhutan 109 111 - - -
Bolivia 33.0 35.0 42.1 39.5 -
Botswana 10.5 9.4 10.7 10.6 -
Brazil 16.7 17.2 21.0 19.7 16.6
Burkina Faso 21.0 23.2 25.1 28.8 -
Burundi 17.5 18.4 - - -
Cabo Verde 80.2 81.0 113.8 100.0 -
Cambodia 55.3 56.8 67.7 73.7 -
Cameroon 27.4 32.5 36.2 35.3 -
CdI 27.7 33.1 39.8 41.5 -
Central African Republic 35.6 37.2 35.0 45.1 -
Chad 29.5 30.3 34.0 33.4 -
Chile 62.4 71.3 81.9 75.2 77.6
China 14.3 14.5 16.3 15.4 13.6
Colombia 39.6 42.9 57.2 53.8 53.5
Comoros 20.6 22.1 24.6 26.0 -
Congo 14.5 14.8 17.8 18.7 -
Costa Rica 46.8 47.9 49.7 49.1 51.5
Djibouti 77.2 76.4 - - -
Dominica 3.6 2.6 3.0 2.6 -
Dominican Republic 37.2 38.5 51.1 46.3 -
DR Congo 14.4 14.6 16.8 18.6 -
Ecuador 37.4 42.6 52.9 53.0 50.0
Egypt 35.2 34.2 32.3 32.6 32.8
El Salvador 64.3 64.7 73.5 68.5 -
Eritrea 39.4 38.9 37.3 33.8 -
Ethiopia 30.1 29.4 30.6 - -
Fiji 11.7 14.2 24.8 27.8 -
Gabon 44.5 46.4 - - -
Gambia, The 43.3 44.2 50.7 52.4 -
Georgia 98.5 107.3 126.8 118.2 -
Ghana 35.9 40.7 46.7 46.4 -
Grenada 47.5 43.3 63.1 64.6 -
Guatemala 33.1 31.7 32.1 30.0 24.4
Guinea 22.3 23.0 31.0 28.1 -
Guyana 33.9 29.8 27.7 24.9 -
Haiti 13.4 14.7 15.8 12.8 -
Honduras 38.6 39.0 46.8 40.7 37.2
Hong Kong 468 459 518 509 504
India 20.1 19.7 21.5 19.7 18.4
Indonesia 36.0 36.0 39.3 34.9 30.1
Iran 2.3 2.0 2.8 3.6 -
Israel 25.2 25.8 31.5 32.7 29.7
Jamaica 108.6 110.1 122.1 120.7 -
Jordan 73.6 75.1 87.1 92.6 -
Kazakhstan 90.8 88.3 94.8 84.2 71.4
Kenya 34.1 34.8 37.8 37.6 -
Korea 25.6 28.5 33.5 34.7 39.8
Kyrgyzstan 98.4 94.9 112.3 105.8 84.4
Laos 85.6 88.4 91.8 91.3 -
Lebanon 145 143 217 289 -
Lesotho 56.5 65.2 82.0 71.7 -
Liberia 35.5 41.1 48.0 52.6 -
Madagascar 27.1 28.7 37.1 37.0 -
Malawi 22.7 21.7 24.8 25.5 -
Malaysia 63.8 62.6 67.6 69.7 63.9
Maldives 44.8 48.4 93.4 72.6 -
Mali 27.0 29.0 33.4 33.7 -
Marshall Islands 22.8 20.1 18.1 - -
Mauritania 69.9 66.6 68.2 48.4 -
Mauritius 76.5 85.9 110.7 121.3 -
Mexico 47.2 47.6 56.1 46.0 40.1
Micronesia, Federated States of 4.5 13.9 19.8 39.3 41.9
Moldova 63.5 60.1 70.0 63.8 65.4
Mongolia 225 222 243 222 -
Morocco 41.3 42.4 50.7 46.9 43.6
Mozambique 335 352 414 388 -
Myanmar 16.0 16.3 17.0 21.4 -
Namibia 60.9 65.8 77.5 66.5 71.9
Nepal 17.5 19.0 24.1 24.5 -
Nicaragua 100.1 104.2 107.3 101.3 -
Niger 25.0 27.9 33.1 33.5 -
Nigeria 15.2 14.9 17.4 17.3 -
Pakistan 26.7 33.0 37.6 35.1 34.7
Palau 36.7 36.9 60.3 81.4 80.0
Panama 148 149 197 177 168
Papua New Guinea 73.3 75.8 75.8 - -
Paraguay 39.4 43.2 55.9 53.6 -
Peru 34.7 34.8 43.5 45.2 41.8
Philippines 22.8 22.2 27.2 27.0 27.5
Russia 27.5 29.0 31.4 26.3 17.4
Rwanda 58.9 63.0 80.7 81.3 -
Saint Lucia 29.9 30.5 48.4 52.5 -
Saint Vincent and the Grenadines 36.6 38.6 47.5 59.8 -
Samoa 49.3 45.7 50.0 52.3 -
Sao Tome and Principe 60.9 58.5 60.9 - -
Senegal 82.3 82.3 94.9 105.0 -
Sierra Leone 43.0 45.5 51.9 57.8 -
Singapore 410 423 485 433 385
Solomon Islands 20.1 21.7 27.9 30.6 -
Somalia 54.9 50.3 39.2 36.9 -
South Africa 42.6 47.6 50.4 38.2 40.8
Sri Lanka 56.0 63.0 66.6 63.8 -
Sudan 94.0 120.5 57.4 160.0 -
Suriname 87.7 88.4 86.4 115.3 161.4
Swaziland 17.8 18.0 21.5 25.7 -
Syrian Arab Republic 20.7 17.3 20.5 25.5 -
Taiwan 31.4 30.2 28.1 27.4 26.6
Tajikistan 78.4 80.0 85.5 78.8 -
Tanzania 41.0 41.4 40.6 42.2 -
Thailand 32.2 31.6 38.1 38.9 40.3
Timor-Leste 10.1 10.0 10.7 7.7 -
Togo 24.3 27.9 33.3 41.2 -
Tonga 40.0 37.8 40.9 47.1 -
Tunisia 81.7 93.8 96.3 88.7 -
Turkey 54.8 54.5 59.7 53.7 50.7
Turkmenistan 16.8 12.3 10.6 7.5 -
Uganda 36.2 37.1 45.3 44.9 -
Ukraine 87.8 79.2 80.5 65.1 82.4
Uruguay 66.0 72.9 87.8 79.5 78.1
Uzbekistan 33.4 37.1 53.8 56.1 -
Vanuatu 43.6 47.0 50.5 53.1 -
Venezuela 53.1 - - - -
Vietnam 35.1 35.4 36.1 36.8 -
West Bank and Gaza 8.7 10.6 13.2 10.9 10.4
Yemen 26.4 54.4 75.6 76.3 -
Zambia 87.5 117.6 147.5 108.7 -
Zimbabwe 37.0 56.1 59.2 48.4 -
Finland 218 224 223 208 215
Germany 147 147 165 171 156
Greece 225 245 321 294 267
Hungary 79.2 73.1 81.0 84.7 88.3
Iceland 82.1 78.0 85.1 84.8 78.9
Italy 117 124 150 132 131
Japan 80.4 83.3 95.9 91.9 104.2
Kosovo 29.5 30.7 40.0 35.6 -
Latvia 123 117 121 110 101
Lithuania 78.3 70.1 80.7 79.4 68.2
Luxembourg 63.6 58.9 51.8 49.7 45.2
Malta 674 612 662 608 554
Montenegro 146 155 221 180 -
Netherlands 489 467 449 410 375
New Zealand 94.4 90.1 90.4 87.4 85.1
North Macedonia 70.7 72.4 84.6 78.4 85.3
Norway 154 163 178 153 136
Poland 61.7 59.6 62.9 53.7 53.7
Portugal 196 192 205 191 168
Romania 48.4 49.0 57.5 56.6 50.6
Serbia 60.2 61.6 70.6 65.8 70.4
Slovakia 114.5 112.3 119.6 132.6 103.1
Slovenia 91.8 91.7 102.2 97.5 87.9
Sweden 180 177 176 169 170
Switzerland 258 273 288 292 273
Trinidad and Tobago 16.2 21.4 26.4 24.0 25.3
United Kingdom 300 290 334 321 293
United States 95.8 96.4 101.7 100.0 96.4

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