China, India, Brazil or Mexico: Whose External Debt Grew Most, 1995 to 2024?
China: $118.3B in 1995 to $2,420B in 2024 (20.5x, +11.0% a year). India: $93.8B in 1995 to $716.5B in 2024 (7.64x, +7.3% a year). Brazil: $161.0B in 1995 to $605.5B in 2024 (3.76x, +4.7% a year). Mexico: $166.7B in 1995 to $591.3B in 2024 (3.55x, +4.5% a year).
| Period | China | India | Brazil | Mexico |
|---|---|---|---|---|
| 2024 | $2,419.8B | $716.5B | $605.5B | $591.3B |
| 2023 | $2,447.5B | $647.6B | $607.4B | $596.0B |
| 2022 | $2,530.5B | $615.5B | $579.3B | $585.9B |
| 2021 | $2,724.4B | $612.0B | $571.2B | $601.5B |
| 2020 | $2,326.2B | $565.0B | $549.3B | $616.7B |
| 2019 | $2,114.2B | $561.0B | $568.7B | $617.4B |
| 2018 | $1,961.6B | $521.2B | $557.8B | $602.0B |
| 2017 | $1,710.8B | $511.6B | $543.0B | $578.6B |
| 2016 | $1,413.9B | $455.5B | $543.3B | $544.8B |
| 2015 | $1,333.8B | $478.8B | $543.4B | $538.0B |
| 2014 | $1,778.4B | $457.5B | $556.9B | $544.2B |
| 2013 | $1,480.5B | $427.2B | $483.7B | $504.1B |
| 2012 | $1,148.2B | $392.6B | $440.5B | $433.0B |
| 2011 | $1,054.2B | $334.4B | $404.0B | $351.7B |
| 2010 | $742.7B | $290.4B | $352.4B | $312.3B |
| 2009 | $454.5B | $256.3B | $281.7B | $250.5B |
| 2008 | $386.4B | $227.1B | $263.0B | $248.2B |
| 2007 | $377.7B | $204.1B | $238.4B | $250.7B |
| 2006 | $326.4B | $159.5B | $194.3B | $221.8B |
| 2005 | $285.9B | $121.2B | $188.4B | $218.2B |
| 2004 | $247.4B | $123.6B | $220.7B | $210.0B |
| 2003 | $207.2B | $118.9B | $235.9B | $199.3B |
| 2002 | $185.5B | $105.7B | $231.9B | $193.5B |
| 2001 | $184.3B | $99.5B | $230.0B | $202.6B |
| 2000 | $145.9B | $101.1B | $242.5B | $178.1B |
| 1999 | $148.8B | $99.8B | $245.1B | $185.9B |
| 1998 | $144.2B | $98.3B | $242.0B | $171.1B |
| 1997 | $146.9B | $94.1B | $199.0B | $148.8B |
| 1996 | $129.0B | $94.0B | $181.8B | $157.6B |
| 1995 | $118.3B | $93.8B | $161.0B | $166.7B |
Highest in 2024: China at $2,420B. Largest growth over the period: China (20.5x).
What is counted: External debt stock of developing countries that report to the World Bank, nominal US dollars.
Source: World Bank, International Debt Statistics, CC BY 4.0, 1995 to 2024. Values as published; we only converted the units for the chart. Not affiliated with or endorsed by the World Bank. For information only. Not financial advice.
Source: World Bank, International Debt Statistics, CC BY 4.0 · Data as of 2024-12-31
Not affiliated with or endorsed by the World Bank. For information only. Not financial advice. Figures are computed from the source data by script and rounded for display. Watch the Short on YouTube.
Not affiliated with or endorsed by the World Bank. For information only. Not financial advice. Figures are computed from the source data by script and rounded for display. Watch the Short on YouTube.