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Which Country Depends on Foreign Money the Most?

Foreign Debt (As % of GDP) (%), 2011
Economy | April 6, 2021
$2.99
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Based on a comparison of 46 countries in 2011, Latvia ranked the highest in foreign debt as a share of GDP with 134% followed by Kyrgyzstan and Ukraine. On the other end of the scale was Turkmenistan with 1.52%, Algeria with 3.03% and Nigeria with 3.17%.

Data for more countries are available at Foreign Debt (As % of GDP) indicator page.

Foreign Debt (As % of GDP) Unit 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Armenia % ... ... 40.2% 33.5% 33.0% 30.4% 58.1%
Belarus % ... ... 17.5% 15.8% 24.2% 21.2% 35.3%
Bosnia and Herzegovina % ... ... ... ... ... ... ... ... 58.3% 57.2% 60.4% 52.5% 64.4%
Bulgaria % 55.5% 64.0% 76.5% 91.0% 105%
Georgia % ... 32.6% 32.3% 27.7% 58.0% 77.3%
Kazakhstan % ... 76.9% 89.9% 91.8% 80.0% 97.2%
Kyrgyzstan % ... 91.8% 91.6% 75.7% 70.6% 87.8%
Latvia % ... 85.1% 106% 127% 117% 160%
Lithuania % ... 44.5% 62.1% 74.5% 66.6% 85.4%
Macedonia % ... ... 47.7% 48.1% 50.1% 47.4% 60.6%
Moldova % ... 74.3% 76.9% 76.5% 60.4% 69.3%
Romania % 39.5% 44.2% 48.3% 47.8% 69.0%
Serbia % ... ... ... ... 58.8% 61.0% 60.4% 58.5% 74.9%
Tajikistan % ... 48.5% 38.0% 36.2% 48.5% 53.6%
Ukraine % ... 38.5% 48.2% 54.7% 53.9% 84.8%

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