5 Countries Most in Debt to China

In this article, we look at 5 countries most in debt to China. If you want to skip our detailed analysis, you can go directly to the 20 Countries Most in Debt to China.

5. Kenya

Total External Debt to China (2022): $6.69 billion

Kenya ranks as the 5th country most in debt to China. It is an East African country with its Indian Ocean coast providing historically important ports linking the Arabian and Asian regions to Africa. The country owed China a total external debt of $6.69 billion in 2022.

4. Ethiopia

Total External Debt to China (2022): $6.82 billion

Ethiopia is the 4th country most in debt to China on our list. It is a landlocked country in Africa, with its total external debt to China amounting to $6.82 billion in 2022.

3. Sri Lanka

Total External Debt to China (2022): $8.84 billion

Sri Lanka is an island country in the Indian Ocean. It is situated at a strategically important location at the crossroads of maritime routes traversing the Indian Ocean. Sri Lanka owed China a total of $8.84 billion as total external debt in 2022.

2. Angola

Total External Debt to China (2022): $20.98 billion

Angola is a Southwestern African country ranking 2nd on our list of countries most in debt to China. Luanda is its capital city and a commercial center, characterized by its large port on the northern coast and modern industrial complexes. The country owed China a total of $20.98 billion as external debt in 2022. 

1. Pakistan

Total External Debt to China (2022): $26.60 billion

Pakistan ranks as the most in debt country to China with its total external debt to China amounting to $26.60 billion in 2022. It is a South Asian and a neighboring country to China, India, Afghanistan, and Iran. 

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