External debt refers to the total amount a country owes to foreign creditors. It includes government, corporate, and private sector debt. Characteristics include its impact on economic stability, vulnerability to currency fluctuations, and the need for sustainable repayment strategies to avoid financial crises. Data on external debt are crucial for assessing a country’s financial health and its ability to manage international financial obligations effectively.

US Tops Global External Debt with $6 Trillion Liabilities – BIS Q2
The US remains the largest debtor nation with $6 trillion in external debt, according to BIS data from Q2 2023.

Argentina’s Multilateral Loans Soar to $67.4B Amid Economic Struggles
Argentina's multilateral loans reached $67.4B in 2023, driven by inflation, a weak currency, and reliance on international aid.

China’s Official Bilateral Loans Reach $1.15 Trillion, BRI’s Impact
China's official bilateral loans hit $1.15 trillion by 2021, highlighting its growing influence as a lender through the Belt and Road Initiative.

US External Debt Hits $9.03 Trillion, World’s Largest Debt
America's external debt reaches $9.03 trillion in 2023, maintaining its position as the largest debtor nation globally.

US External Debt Reaches $837 Billion, Driven by Short-Term Bonds
America's external debt hits $837 billion in 2023, with short-term bonds held by non-residents reflecting market dominance.

UK External Debt Hits $3.32 Trillion Amid Global Instability
The UK's external debt reaches $3.32 trillion in May 2023, driven by low borrowing costs in a volatile global economy.

India’s Official Bilateral Loans Reach $3.04 Billion, Largest Debtor
India's external debt reaches $3.04 billion in 2021, reflecting its need for infrastructure funding and stronger international ties.

Argentina’s IMF Loans Reach $40.8 Billion, Economic Impact
Argentina's foreign debt reaches $40.8 billion in IMF loans by 2023, exacerbating inflation, deficits, and economic instability.

India’s External Debt Reaches $63.6B Amid Rapid Economic Growth
India’s external debt hit $63.6B in 2023, driven by economic growth and rising infrastructure investment.

Data on short term international debt securities from countries around the world and a graph of the top countries
Abstract As of May 2023, the UK holds the largest amount of short-term international bonds (securities) at 541 GUSD, ref...