World Bank: Nigeria, Bangladesh, Pakistan Hold Nearly 30% of IDA-Eligible Debt

The World Bank's International Debt Report 2025 reveals that Nigeria, Bangladesh, and Pakistan account for almost 30% of all IDA-eligible debt among developing countries. The report highlights a rise in net debt inflow and a shift towards long-term borrowing, particularly from multilateral lenders like the World Bank.

The report notes that public sector debt with government guarantees makes up 75% of total debt, while private sector debt without guarantees constitutes the remaining 25%. Despite a slight decline in debt for Pakistan, the concentration of debt among the top borrowing countries has become more pronounced.

Total net debt inflow for IDA-eligible countries increased by 18.6% in 2024, driven by a significant shift in short-term debt flows.