International Debt Report 2025

This World Bank Group report presents an analysis of international debt trends in low and middle income countries. It examines external debt stock, domestic debt, debt flows, debt servicing burdens, net transfers, debt indicators, debt restructuring, and debt transparency based mainly on data from 2014 to 2024. The report highlights that total external debt stock of low and middle income countries reached 8.9 trillion US dollars in 2024, while interest payments remained at a record high. It also discusses the growing role of domestic borrowing, renewed bond market access, support from multilateral creditors, and the challenges faced by countries with high debt burdens. The report includes regional analysis and country tables, making it useful for studying public debt, external financing, macroeconomic risks, development finance, and debt sustainability.