Bangladesh added a fifth of new debt owed to governments
Change in public debt owed to foreign governments, 119 low- and middle-income countries, 2015–2025: $366bn to $500bn.
- 1. Central banks now hold more gold than Treasuries or euros
- 2. China now pays the world mostly in yuan
- 3. Migrants now send home four times all foreign aid
- 4. Tether now holds more US Treasuries than the UAE
- 5. Developing countries' interest bill has nearly tripled since 2010
- 6. Poles edge past the Japanese in income per person
- 7. In dollars, Nigeria's economy has more than halved since 2014
- 8. Argentina's monthly inflation fell from 25.5% to 1.9%
- 9. Guyana now produces more per person than America
- 10. Ukraine received four times the aid of any other country
- 11. Singapore now draws twice as much foreign investment as China
- 12. 22 governments now owe more than a year's national output
- 13. Money sent home to Guatemala nearly quadrupled in ten years
- 14. In purchasing power, Russia's economy is now bigger than Japan's
- 15. Colombians abroad now send home more than foreigners invest
- 16. 72 countries now pay China more than it lends them
- 17. Pakistan rose to first place in Chinese energy finance
- 18. Money sent home now tops half of Tajikistan's economy
- 19. Pakistan passed India in tech's share of services exports
- 20. Mongolia leapt from 2% to 58% paying utilities by phone
- 21. Smaller currencies' share of world reserves has more than doubled
- 22. Phone savers now outnumber bank savers in 32 countries
- 23. Uzbekistan now receives more than twice Ukraine's remittances
- 24. Fewer countries owe China more than the World Bank
- 25. Poorer countries now owe Saudi Arabia more than America
- 26. Cambodia's bank lending grew from 8% to 121% of GDP
- 27. Egypt tripled its ATMs per adult in ten years
- 28. Bank branches are past their peak in most countries
- 29. Guinea rose from 17th to second for investment in Africa
- 30. Navoi doubled its share of Uzbekistan's economy in ten years
- 31. Turkmenistan has paid back almost all it owed China
- 32. Foreign debt payments now top foreign investment in 87 countries
- 33. Gulf governments now owe 13% of international government bonds
- 34. Sabah and Sarawak's share of Malaysia's economy keeps shrinking
- 35. Venezuela flipped from sending money abroad to receiving it
- 36. China holds most government-to-government loans in 36 countries
- 37. South Asia nearly doubled its share of the world economy
- 38. Colombia now earns more from visitors than Brazil
- 39. 26 countries produce less per person than in 2013
- 40. India and Mexico got only a third of new remittances
- 41. Fewer Mexicans live abroad, yet Mexico receives far more money
- 42. Kenyans abroad send home more than Kenya receives in aid
- 43. 84 cities make half of Brazil's economy, up from 49
- 44. British banks lost the lending lead in 22 poorer countries
- 45. Bangladesh added a fifth of new debt owed to governments
Bangladesh's share of the $134 billion net rise in what 119 poorer countries owe foreign governments, 2015 to 2025: +$28 billion, more than any other borrower.
Bangladesh's debt to foreign governments grew 7.5-fold; it climbed from 24th to 4th among these borrowers, behind Pakistan, India and Egypt.
Of Bangladesh's rise is owed to three governments: Japan (+$10.4 billion), Russia (+$8.7 billion) and China (+$5.6 billion).
the numbers & method
Claim types Fact
World Bank, International Debt Statistics (IDS): public and publicly guaranteed external debt owed to bilateral (government) creditors, stock outstanding at end of year, current US$ (DT.DOD.BLAT.CD), all bilateral creditors (counterpart World) and, for takeaway 3, creditors Japan (701), Russia (087) and China (730), as reported by each borrowing country; read from the World Bank IDS API via the progrss vault (vault rule GUIDELINES §4.11; source wb-more-databases passes value checks). 2025 is the latest reported year; IDS years from 2026 on are projections and are not used. Set: the 119 low- and middle-income countries with a value in both 2015 and 2025 (Equatorial Guinea, no 2015 value, left out; adding it changes no share by more than 0.1 point). Sum of the 119: $366.2 billion (2015), $499.8 billion (2025), net change +$133.7 billion; 81 countries owe more, 38 owe less (largest falls: China -$9.4 bn, Indonesia -$8.6 bn, Turkmenistan -$5.7 bn, Viet Nam -$4.6 bn). Bangladesh $4.36 bn to $32.64 bn (+$28.29 bn, 21.2% of the net rise; 15% of the sum of all increases, $186 bn); Pakistan +$22.38 bn; India +$17.82 bn; Ukraine +$11.26 bn; Uzbekistan +$8.22 bn; Egypt +$7.66 bn; the other 113 countries +$38.05 bn net. Parts add up; changes, shares and ranks are progrss calculations. Bangladesh by creditor, 2015 to 2025: Japan $2.28 bn to $12.72 bn, Russia $0.31 bn to $9.02 bn, China $0.92 bn to $6.51 bn. Japanese loans are mostly in yen, so their dollar value also moves with the exchange rate (the yen weakened over these years, which lowers Japan's dollar figure). Debt stocks show what is owed, not new lending in a year or why loans were made. Bilateral debt covers loans from governments and their official agencies; it excludes multilateral lenders (World Bank, IMF, regional banks), bondholders and commercial banks. Current dollars, not adjusted for inflation. Claim type: Fact (publisher values) with progrss sums.
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