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).
China, India, Brazil or Mexico: Whose External Debt Grew Most, 1995 to 2024?
Full data
| 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 |
Key numbers
- China: $118.3B in 1995 to $2,419.8B in 2024, 20.5x in total, about 11.0% a year on average; the peak was $2,724.4B in 2021.
- India: $93.8B in 1995 to $716.5B in 2024, 7.6x in total, about 7.3% a year on average.
- Brazil: $161.0B in 1995 to $605.5B in 2024, 3.8x in total, about 4.7% a year on average; the peak was $607.4B in 2023.
- Mexico: $166.7B in 1995 to $591.3B in 2024, 3.5x in total, about 4.5% a year on average; the peak was $617.4B in 2019.
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.
Questions
How much did external debt stock change for China from 1995 to 2024?
From $118.3B to $2,419.8B, or 20.5x.
Where does this data come from?
World Bank, International Debt Statistics, CC BY 4.0. The data was downloaded twice and both reads had to match; the numbers here are computed from it by script.
How we made this
Source: World Bank, International Debt Statistics, CC BY 4.0 · Data as of 2024-12-31The data was downloaded twice and both reads had to match. Figures are computed from it by script and rounded for display. Not affiliated with or endorsed by the World Bank. For information only. Not financial advice. Watch the Short on YouTube.