Developing countries' external debt hits record $9.4 trillion in 2025 — World Bank
According to the International Debt Report 2026, external debt of low- and middle-income countries rose by 5.5% to a record $9.4 trillion — the fastest growth since 2021. Repayment to private creditors came at historically high rates: the poorest countries pay an average of 8.2% on new private loans — the highest since 1989.
Aziz Karimov