Tajikistan External Debt
Total external debt stocks DT.DOD.DECT.CD
Tajikistan's external debt was $6.8B in 2025, ranked 77th globally. This represents a 2.5% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Tajikistan's external debt stood at $6.8B in 2025, a decline of +$176.8M from 2024. Based on recent trends, this figure is projected to reach $6.8B by 2025. Tajikistan ranked 77th globally.
Tajikistan’s external debt has risen sharply since the early 1990s, expanding from a modest 9,731,000.00 in 1992 to a peak of 6,977,429,758.20 in 2024 before slipping slightly to 6,800,651,605.12 in 2025, placing the country 77th globally. The steep upward trajectory reflects a combination of increased borrowing to finance infrastructure, energy projects and fiscal deficits, a pattern shared by several peers in the region. For comparison, Gabon’s external debt stood at 6,964,081,616.77 and Mali’s at 6,670,733,462.79 in the same year, illustrating that Tajikistan now carries a debt burden comparable to middle‑income economies despite its lower GDP per capita. The modest decline from the 2024 peak suggests that recent fiscal consolidation measures and tighter external financing conditions may be taking effect, yet the debt stock remains high relative to the country’s export earnings. Continued improvements in fiscal discipline and diversification of export markets will be crucial to reverse the upward trend and stabilize the debt trajectory.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $6.8B | - | - |
| 2026* trend | $6.8B | - | - |
| 2025* trend | $6.8B | - | - |
| 2025 | $6.8B | −$176.8M | #77 |
| 2024 | $7.0B | +$388.4M | #46 |
| 2023 | $6.6B | −$134.5M | #44 |
| 2022 | $6.7B | +$132.9M | #44 |
| 2021 | $6.6B | −$313.0M | #44 |
| 2020 | $6.9B | +$270.9M | #46 |
| 2019 | $6.6B | +$546.1M | #47 |
| 2018 | $6.1B | +$220.7M | #47 |
| 2017 | $5.9B | +$685.5M | #48 |
| 2016 | $5.2B | +$36.4M | #46 |
| 2015 | $5.1B | +$20.4M | #48 |
| 2014 | $5.1B | +$261.5M | #46 |
| 2013 | $4.9B | +$242.9M | #47 |
| 2012 | $4.6B | +$697.3M | #48 |
| 2011 | $3.9B | +$360.9M | #47 |
Detected Pattern
Analysis
Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt improve within 24 months. View full analysis →
Frequently Asked Questions
Tajikistan's external debt was $6.8B in 2025. Ranked 77th globally. This represents a 2.5% decrease from the previous year.
Tajikistan's external debt peaked at $7.0B in 2024.
The lowest external debt in Tajikistan was $9.7M in 1992.
Tajikistan ranks 77th globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Tajikistan's external debt is projected to reach $6.8B by 2025 based on trend extrapolation.
Tajikistan's external debt was approximately 6.8 billion ($6.8B) in 2025.
The external debt of Tajikistan in 2025 was $6.8B. This ranks 77th in the world.
Cite this page
@misc{historysaid_tajikistan_external-debt,
title = {Tajikistan External Debt},
url = {https://historysaid.com/tajikistan/external-debt/},
publisher = {HistorySaid},
year = {2026}
}