Which Country Depends on Foreign Money the Most?

Foreign Debt (As % of GDP) (%), 2011
Economy | December 9, 2018
$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 % 55.9% 64.4% 76.5% 91.1% 105%
Georgia % ... 33.6% 33.2% 28.5% 59.7% 79.5%
Kazakhstan % ... 76.9% 89.9% 91.8% 80.0% 97.2%
Kyrgyzstan % ... 91.8% 91.6% 75.7% 70.6% 87.8%
Latvia % ... 85.0% 106% 127% 118% 160%
Lithuania % ... 44.4% 62.1% 74.6% 66.5% 85.4%
Macedonia % ... ... 47.7% 48.1% 50.1% 47.4% 60.6%
Moldova % ... 63.4% 65.6% 65.2% 51.5% 59.1%
Romania % 39.0% 43.7% 48.0% 48.0% 69.6%
Serbia % ... ... ... ... ... ... 62.0% 64.7% 64.7% 62.0% 79.4%
Tajikistan % ... 48.5% 38.0% 36.2% 48.5% 53.6%
Ukraine % ... 37.1% 46.4% 52.7% 51.9% 81.7%