17_International debt securities, nonbanks by country
The data are derived from the Bank for International Settlements (BIS) International Debt Securities Statistics, excluding bank issuers.
Countries reporting
155
Highest
3.24 trillion
Cayman Islands
Lowest
0
Zimbabwe
Median
9.74 billion
Years covered
36
1990–2025
Data points
5,466
What the numbers show
17_International debt securities, nonbanks is currently reported for 155 countries. The highest value is 3.24 trillion in Cayman Islands; the lowest is 0 in Zimbabwe.
The median across all reporting countries is 9.74 billion, and the mean is 128.08 billion.
Over the past decade 98 countries rose and 27 fell. The largest increase was in Liberia (up 11,213.3%), and the largest decrease in Bangladesh (down 100.0%).
17_International debt securities, nonbanks: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Cayman Islands | 3.24 trillion | 2025 | up 165.5% | volatile |
| 2 | United States | 2.11 trillion | 2025 | up 31.9% | volatile |
| 3 | United Kingdom | 2.05 trillion | 2025 | up 20.6% | volatile |
| 4 | Netherlands | 1.54 trillion | 2025 | up 43.5% | volatile |
| 5 | Ireland | 1.14 trillion | 2025 | up 79.0% | volatile |
| 6 | Luxembourg | 990.37 billion | 2025 | up 130.1% | volatile |
| 7 | Germany | 953.95 billion | 2025 | up 47.3% | volatile |
| 8 | Canada | 808.34 billion | 2025 | up 56.0% | volatile |
| 9 | France | 766.58 billion | 2025 | down 4.3% | volatile |
| 10 | Italy | 645.67 billion | 2025 | up 33.6% | volatile |
| 11 | Spain | 366.72 billion | 2025 | down 14.6% | volatile |
| 12 | Mexico | 293.65 billion | 2025 | up 63.3% | volatile |
| 13 | Australia | 278.11 billion | 2025 | up 10.5% | volatile |
| 14 | Sweden | 262.60 billion | 2025 | up 5.3% | volatile |
| 15 | Japan | 222.60 billion | 2025 | up 127.4% | falling |
| 16 | Austria | 222.56 billion | 2025 | up 41.7% | volatile |
| 17 | China | 209.79 billion | 2025 | up 402.1% | volatile |
| 18 | United Arab Emirates | 208.75 billion | 2025 | up 332.1% | volatile |
| 19 | Hong Kong | 202.23 billion | 2025 | up 91.9% | volatile |
| 20 | Saudi Arabia | 167.54 billion | 2025 | up 2,129.7% | volatile |
| 21 | Belgium | 159.51 billion | 2025 | up 40.6% | volatile |
| 22 | Indonesia | 152.99 billion | 2025 | up 147.3% | volatile |
| 23 | South Korea | 149.49 billion | 2025 | up 90.8% | volatile |
| 24 | Finland | 141.27 billion | 2025 | up 48.8% | volatile |
| 25 | Bermuda | 139.61 billion | 2025 | up 53.2% | volatile |
| 26 | Chile | 124.91 billion | 2025 | up 196.1% | volatile |
| 27 | Singapore | 122.68 billion | 2025 | up 152.8% | volatile |
| 28 | Turkey | 114.64 billion | 2025 | up 68.0% | volatile |
| 29 | Romania | 96.62 billion | 2025 | up 471.3% | volatile |
| 30 | Denmark | 91.50 billion | 2025 | up 55.0% | volatile |
| 31 | Brazil | 82.62 billion | 2025 | down 21.8% | rising |
| 32 | Greece | 78.45 billion | 2025 | up 93.5% | volatile |
| 33 | Argentina | 76.56 billion | 2025 | up 62.1% | rising |
| 34 | Peru | 76.27 billion | 2025 | up 125.3% | volatile |
| 35 | Israel | 72.06 billion | 2025 | up 145.3% | volatile |
| 36 | Norway | 70.65 billion | 2025 | up 3.5% | volatile |
| 37 | Colombia | 69.44 billion | 2025 | up 75.2% | volatile |
| 38 | Philippines | 67.81 billion | 2025 | up 58.0% | volatile |
| 39 | Poland | 64.28 billion | 2025 | up 6.7% | volatile |
| 40 | Panama | 62.80 billion | 2025 | up 283.4% | volatile |
| 41 | Qatar | 61.32 billion | 2025 | up 143.6% | volatile |
| 42 | India | 59.27 billion | 2025 | up 132.3% | volatile |
| 43 | Russia | 57.91 billion | 2025 | down 33.8% | volatile |
| 44 | Egypt | 57.07 billion | 2025 | up 1,421.9% | volatile |
| 45 | Portugal | 54.45 billion | 2025 | up 10.4% | volatile |
| 46 | Hungary | 46.52 billion | 2025 | up 71.6% | volatile |
| 47 | Bahrain | 38.80 billion | 2025 | up 399.3% | volatile |
| 48 | Dominican Republic | 38.17 billion | 2025 | up 348.9% | volatile |
| 49 | Oman | 36.31 billion | 2025 | up 3,718.1% | volatile |
| 50 | Nigeria | 34.45 billion | 2025 | up 907.7% | volatile |
| 51 | Malaysia | 31.59 billion | 2025 | up 2.4% | rising |
| 52 | South Africa | 30.76 billion | 2025 | up 17.6% | volatile |
| 53 | Switzerland | 30.02 billion | 2025 | up 21.3% | volatile |
| 54 | Lithuania | 27.76 billion | 2025 | up 179.5% | volatile |
| 55 | Uruguay | 26.47 billion | 2025 | up 94.6% | volatile |
| 56 | New Zealand | 24.89 billion | 2025 | up 146.1% | rising |
| 57 | Kazakhstan | 24.72 billion | 2025 | up 40.7% | volatile |
| 58 | Lebanon | 22.82 billion | 2025 | down 35.2% | volatile |
| 59 | Latvia | 22.14 billion | 2025 | up 297.9% | volatile |
| 60 | Venezuela | 22.10 billion | 2025 | down 56.6% | rising |
| 61 | Ghana | 21.34 billion | 2025 | up 469.1% | volatile |
| 62 | Cyprus | 20.14 billion | 2025 | up 248.9% | volatile |
| 63 | Bulgaria | 20.04 billion | 2025 | up 183.1% | volatile |
| 64 | Liberia | 16.97 billion | 2025 | up 11,213.3% | volatile |
| 65 | Ecuador | 15.71 billion | 2025 | up 329.7% | volatile |
| 66 | Cote d'Ivoire | 15.38 billion | 2025 | up 265.9% | volatile |
| 67 | Thailand | 14.83 billion | 2025 | up 63.6% | volatile |
| 68 | Czechia | 14.69 billion | 2025 | down 27.9% | volatile |
| 69 | Croatia | 14.52 billion | 2025 | down 0.5% | volatile |
| 70 | Angola | 13.62 billion | 2025 | up 1,261.8% | volatile |
| 71 | Ukraine | 13.31 billion | 2025 | down 38.4% | volatile |
| 72 | Morocco | 13.19 billion | 2025 | up 127.3% | volatile |
| 73 | Costa Rica | 11.53 billion | 2025 | up 105.8% | volatile |
| 74 | Uzbekistan | 10.78 billion | 2025 | — | volatile |
| 75 | Guatemala | 10.73 billion | 2025 | up 279.3% | volatile |
| 76 | Jordan | 10.50 billion | 2025 | up 234.0% | volatile |
| 77 | Mauritius | 10.31 billion | 2025 | up 331.2% | volatile |
| 78 | Paraguay | 9.74 billion | 2025 | up 441.2% | volatile |
| 79 | Sri Lanka | 9.15 billion | 2025 | up 82.1% | volatile |
| 80 | Kenya | 8.10 billion | 2025 | up 194.5% | volatile |
| 81 | El Salvador | 7.94 billion | 2025 | up 30.0% | volatile |
| 82 | Jamaica | 7.83 billion | 2025 | up 17.9% | volatile |
| 83 | Marshall Islands | 7.71 billion | 2025 | down 15.0% | volatile |
| 84 | Pakistan | 7.68 billion | 2025 | up 68.7% | volatile |
| 85 | Kuwait | 7.11 billion | 2025 | up 487.3% | volatile |
| 86 | Laos | 6.33 billion | 2025 | up 1,071.0% | volatile |
| 87 | Estonia | 6.07 billion | 2025 | up 432.3% | volatile |
| 88 | Trinidad and Tobago | 6.06 billion | 2025 | up 98.7% | volatile |
| 89 | Senegal | 5.56 billion | 2025 | up 455.9% | volatile |
| 90 | Bahamas | 5.26 billion | 2025 | down 37.3% | volatile |
| 91 | Mongolia | 4.17 billion | 2025 | up 157.7% | volatile |
| 92 | Belarus | 4.13 billion | 2025 | up 129.4% | volatile |
| 93 | Albania | 4.10 billion | 2025 | up 604.1% | volatile |
| 94 | Iceland | 4.00 billion | 2025 | down 49.8% | volatile |
| 95 | Benin | 3.95 billion | 2025 | — | volatile |
| 96 | Barbados | 3.82 billion | 2025 | up 47.5% | volatile |
| 97 | Curacao | 3.81 billion | 2025 | up 455.0% | volatile |
| 98 | Gabon | 3.59 billion | 2025 | up 15.5% | volatile |
| 99 | Malta | 3.26 billion | 2025 | up 386.1% | volatile |
| 100 | Slovakia | 3.25 billion | 2025 | down 78.5% | volatile |
| 101 | Slovenia | 3.13 billion | 2025 | down 78.3% | volatile |
| 102 | Iraq | 3.11 billion | 2025 | up 16.9% | volatile |
| 103 | Vietnam | 3.09 billion | 2025 | down 20.0% | volatile |
| 104 | Honduras | 2.90 billion | 2025 | up 190.0% | volatile |
| 105 | North Macedonia | 2.70 billion | 2025 | up 286.8% | volatile |
| 106 | Montenegro | 2.64 billion | 2025 | up 98.1% | volatile |
| 107 | Zambia | 2.50 billion | 2025 | up 42.9% | volatile |
| 108 | Tunisia | 2.07 billion | 2025 | down 53.7% | volatile |
| 109 | Cameroon | 2.04 billion | 2025 | — | volatile |
| 110 | Armenia | 2.00 billion | 2025 | up 66.7% | volatile |
| 110 | Georgia | 2.00 billion | 2025 | up 33.3% | volatile |
| 112 | Bolivia | 1.85 billion | 2025 | up 23.3% | volatile |
| 113 | Azerbaijan | 1.75 billion | 2025 | down 50.0% | volatile |
| 114 | Gibraltar | 1.50 billion | 2025 | up 88.4% | volatile |
| 115 | Netherlands Antilles | 1.33 billion | 2025 | down 73.6% | volatile |
| 116 | Liechtenstein | 975.00 million | 2025 | up 373.3% | volatile |
| 117 | Namibia | 750.00 million | 2025 | up 50.0% | volatile |
| 118 | Rwanda | 620.00 million | 2025 | up 55.0% | volatile |
| 119 | Maldives | 500.00 million | 2025 | — | volatile |
| 119 | Papua New Guinea | 500.00 million | 2025 | — | volatile |
| 119 | Tajikistan | 500.00 million | 2025 | — | volatile |
| 122 | Madagascar | 420.00 million | 2025 | — | volatile |
| 123 | Aruba | 407.00 million | 2025 | down 53.0% | volatile |
| 124 | Belize | 364.00 million | 2025 | up 264.0% | volatile |
| 125 | Bosnia and Herzegovina | 324.00 million | 2025 | — | volatile |
| 126 | Gambia | 300.00 million | 2025 | — | volatile |
| 127 | Seychelles | 169.00 million | 2025 | unchanged | volatile |
| 128 | Turks and Caicos Islands | 165.00 million | 2025 | down 36.5% | volatile |
| 129 | Cambodia | 82.00 million | 2025 | — | volatile |
| 130 | Bangladesh | 0 | 2025 | down 100.0% | volatile |
| 130 | Botswana | 0 | 2025 | down 100.0% | volatile |
| 130 | Congo | 0 | 2025 | — | volatile |
| 130 | Cuba | 0 | 2025 | — | volatile |
| 130 | Algeria | 0 | 2025 | — | volatile |
| 130 | Ethiopia | 0 | 2025 | down 100.0% | volatile |
| 130 | Fiji | 0 | 2025 | down 100.0% | volatile |
| 130 | Guinea | 0 | 2025 | — | volatile |
| 130 | Grenada | 0 | 2025 | — | volatile |
| 130 | Haiti | 0 | 2025 | — | volatile |
| 130 | Iran | 0 | 2025 | — | volatile |
| 130 | Kyrgyzstan | 0 | 2025 | — | flat |
| 130 | Saint Lucia | 0 | 2025 | — | volatile |
| 130 | Macao | 0 | 2025 | down 100.0% | volatile |
| 130 | Monaco | 0 | 2025 | — | flat |
| 130 | Moldova | 0 | 2025 | — | volatile |
| 130 | Myanmar | 0 | 2025 | — | volatile |
| 130 | Mozambique | 0 | 2025 | down 100.0% | volatile |
| 130 | Nauru | 0 | 2025 | — | volatile |
| 130 | French Polynesia | 0 | 2025 | — | volatile |
| 130 | Sudan | 0 | 2025 | — | flat |
| 130 | Serbia | 0 | 2025 | — | volatile |
| 130 | Suriname | 0 | 2025 | — | volatile |
| 130 | Syria | 0 | 2025 | — | volatile |
| 130 | Tanzania | 0 | 2025 | down 100.0% | volatile |
| 130 | Zimbabwe | 0 | 2025 | — | flat |
About this data
The data are derived from the Bank for International Settlements (BIS) International Debt Securities Statistics, excluding bank issuers.