Pakistan's external debt doubles, list shows its biggest lenders

Pakistan's total external debt almost doubled over the decade ending in 2025, according to World Bank's International Debt Report 2026. The country's external debt increased from $68.673 billion in 2015 to $135.107 billion in 2025. China was Pakistan's largest individual lender, with $22.4 billion outstanding, followed by World Bank ($19.2 billion) and Asian Development Bank ($16.83 billion).