Home → Afghanistan → Debt → External Debt to GNI

Afghanistan External Debt to GNI

External debt stocks as % of GNI  DT.DOD.DECT.GN.ZS

Afghanistan's external debt to gni was 27.46% in 2025, ranked 89th globally. This represents a 38.0% increase from 2024. Data from World Bank, covering 2006–2025.

27.46% +7.57pp (+38.0%)
Year 2025 Rank #89 Global Peak 27.46% (2025) Source World Bank

Afghanistan External Debt to GNI (2006–2025)

Overview

Afghanistan's external debt to gni stood at 27.46% in 2025, a rise of +7.57pp from 2023. Based on recent trends, this figure is projected to reach 27.46% by 2025. Afghanistan ranked 89th globally.

Afghanistan's external debt to Gross National Income (GNI) ratio has fluctuated significantly over the past two decades. The country's all-time peak of 27.46% in 2025 indicates a substantial increase from its 19-year low of 12.30% in 2014. Notably, this current peak surpasses the external debt to GNI ratio of Argentina, which ranks 84th globally. The rising debt burden has been a persistent concern in Afghanistan, with the country struggling to rebuild its economy amidst ongoing conflicts. Despite efforts to stabilize the economy, the external debt to GNI ratio remains a significant challenge, with Afghanistan ranking 89th globally in 2025. The trajectory of Afghanistan's external debt to GNI ratio is likely to remain volatile, with any significant improvement dependent on sustained economic growth and improved access to international financing. A potential shift towards a more stable economic trajectory could be achieved through the implementation of economic reforms and increased foreign investment.

Data & projection

Year External Debt to GNI YoY change Rank
2026* trend 29.47% - -
2025* trend 27.46% - -
2025 27.46% +7.57pp #89
2023 19.89% −3.45pp #13
2022 23.34% −1.45pp #20
2021 24.79% +9.66pp #16
2020 15.12% +1.17pp #7
2019 13.95% −0.69pp #6
2018 14.64% +0.13pp #8
2017 14.51% +0.37pp #7
2016 14.15% +0.66pp #7
2015 13.49% +1.19pp #9
2014 12.30% −0.50pp #6
2013 12.80% −0.12pp #7
2012 12.93% −1.05pp #8
2011 13.98% −1.36pp #13
2010 15.33% −4.70pp #13
Show all years (2006-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 13.7% GDP growth -6.2% Unemployment 14.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Afghanistan matched the Stagflation Risk pattern in 2022. Historically, 38% of countries showing this pattern (117 out of 307) saw external debt to gni improve within 24 months. View full analysis →

Frequently Asked Questions

What is Afghanistan's external debt to gni?▾

Afghanistan's external debt to gni was 27.46% in 2025. Ranked 89th globally. This represents a 38.0% increase from the previous year.

What was the highest external debt to gni in Afghanistan?▾

Afghanistan's external debt to gni peaked at 27.46% in 2025.

What was the lowest external debt to gni in Afghanistan?▾

The lowest external debt to gni in Afghanistan was 12.30% in 2014.

How does Afghanistan rank in external debt to gni?▾

Afghanistan ranks 89th globally in external debt to gni as of 2025.

What is the World Bank indicator code for external debt to gni?▾

The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.

What is the projected external debt to gni of Afghanistan in 2025?▾

Afghanistan's external debt to gni is projected to reach 27.46% by 2025 based on trend extrapolation.

What is the external debt to gni of Afghanistan in 2025?▾

The external debt to gni of Afghanistan in 2025 was 27.46%. This ranks 89th in the world.

Cite this page

APA
Afghanistan External Debt to GNI. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/afghanistan/external-debt-to-gni/
BibTeX
@misc{historysaid_afghanistan_external-debt-to-gni, title = {Afghanistan External Debt to GNI}, url = {https://historysaid.com/afghanistan/external-debt-to-gni/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub