External debt to GNI: developing economies 2021

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The proportion of external debt stocks to gross national income (GNI) in low income countries decreased slightly to 51.4 percent in 2021, following ten years of continuous growth. In middle income countries, the debt to GNI level also decreased over this period, siting at 26.1 percent in 2021.

External debt stocks to gross national income (GNI) in developing countries from 2011 to 2021, by income level

Characteristic	Low income	Middle income
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Release date

December 2022

More information

Region

Worldwide

Survey time period

2011 to 2021

Supplementary notes

External debt is a part of total national debt and it is owned to the creditors outside of the country.
External debt to gross domestic income (GNI) reveals a degree of nation's indebtedness and therefore, its creditworthiness to investors.
Low income countries are defined by the source as countries with a 2015 GNI per capita of 1,025 U.S. dollars or less.
Middle income countries are defined by the source as countries with a 2015 GNI per capita of between 1,026 and 12,475 U.S. dollars.
To obtain data choose the relevant income level from the drop down box.

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