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CEOWORLD magazine - Latest - Special Reports - Ranked: Countries Most in Debt to the International Monetary Fund (IMF), 2024

Special Reports

Ranked: Countries Most in Debt to the International Monetary Fund (IMF), 2024

International Monetary Fund (IMF)

Argentina currently holds the highest debt to the International Monetary Fund (IMF) with a total of $30,987,500,000. Following Argentina, Egypt ranks second with an outstanding debt of $10,854,130,844 despite repaying $418,808,333 in May 2024. Ukraine is third on the list, with an outstanding debt of $9,004,759,174. This report compiles a list of the countries most in debt to the IMF using the International Monetary Fund’s (IMF) data on Total IMF Outstanding Credit.

The International Monetary Fund (IMF) was established in 1944. It supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities. Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement structural reforms, and alleviate difficulties with payment balance.

The rankings are based on the latest debt data for each country, accurate to May 14, 2024. The countries are listed in ascending order of the outstanding debt. Pakistan is a South Asian country that shares borders with India, China, Iran, Afghanistan, and the Arabian Sea. It has an outstanding debt of $6,546,500,003 to the IMF. Ecuador is a South American country that ranks fifth on our list of countries most in debt to the IMF. It still has an outstanding debt of $5,768,162,502.

Countries Most in Debt to the International Monetary Fund (IMF), 2024

RankCountryTotal IMF Credit Outstanding ($US)
1Argentina30,987,500,000
2Egypt10,854,130,844
3Ukraine9,004,759,174
4Pakistan6,546,500,003
5Ecuador5,768,162,502
6Colombia3,281,250,000
7Angola3,079,316,668
8Kenya2,566,263,300
9Ghana2,042,641,000
10Cote d'Ivoire1,940,385,704
11South Africa1,907,000,000
12Costa Rica1,677,710,000
13Jordan1,486,570,584
14Congo, Democratic Republic of1,446,800,000
15Bangladesh1,335,342,050
16Morocco1,325,400,000
17Nigeria1,227,250,000
18Senegal1,170,315,000
19Sri Lanka1,156,937,512
20Cameroon1,072,260,000
21Tunisia1,044,970,899
22Uganda992,750,000
23Sudan991,551,000
24Serbia, Republic of949,460,000
25Tanzania739,900,000
26Jamaica701,249,188
27Benin659,834,975
28Madagascar637,569,200
29Gabon610,325,000
30Moldova, Republic of560,791,673
31Chad516,911,000
32Mozambique516,880,000
33Georgia446,500,000
34Myanmar430,665,000
35Honduras428,035,819
36Zambia419,640,000
37Barbados409,558,336
38Papua New Guinea394,820,000
39Ethiopia374,200,000
40Afghanistan, Islamic Republic of373,896,000
41Rwanda367,909,980
42Mali362,742,600
43Guinea359,589,200
44Niger354,438,000
45Sierra Leone346,663,700
46Malawi329,506,000
47Nepal324,495,000
48Burkina Faso295,568,000
49Congo, Republic of291,600,000
50Togo283,928,000
51North Macedonia, Republic of273,590,000
52Mauritania259,072,000
53Armenia, Republic of256,747,515
54South Sudan246,000,000
55Suriname243,700,000
56Dominican Republic238,700,000
57Panama235,500,000
58Central African Republic209,515,500
59Uzbekistan, Republic of206,768,750
60Bosnia and Herzegovina201,296,875
61Namibia191,100,000
62Haiti184,661,100
63Liberia162,982,200
64Albania156,044,178
65Mongolia152,056,242
66Kyrgyz Republic150,747,800
67El Salvador143,600,000
68Tajikistan, Republic of139,200,000
69Nicaragua119,166,250
70Bahamas, The114,000,000
71Gambia, The104,108,750
72Burundi101,600,000
73Seychelles91,738,250
74Equatorial Guinea76,537,000
75Somalia72,000,000
76Eswatini, The Kingdom of58,875,000
77Cabo Verde55,220,000
78Kosovo51,626,000
79Guinea-Bissau39,014,400
80Montenegro, Republic of37,812,500
81Djibouti31,800,000
82Sao Tome & Principe24,398,863
83Grenada22,004,000
84St. Lucia21,400,000
85Maldives21,200,000
86St. Vincent and the Grenadines20,079,950
87Comoros16,769,825
88Samoa16,200,000
89Solomon Islands15,762,184
90Tonga13,800,000
91Dominica12,125,000
92Lesotho11,660,000
93Yemen, Republic of4,875,000
94Vanuatu2,550,000

Have you read?
World’s Best Countries To Invest In Or Do Business.
World’s Most Startup-Friendly Countries.
World’s Best Countries For Quality of Life.
Largest Economies Europe In 2024.
GDP of the BRICS countries (2000 to 2028).


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CEOWORLD magazine - Latest - Special Reports - Ranked: Countries Most in Debt to the International Monetary Fund (IMF), 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz