5 Countries Most in Debt to IMF

In this article, we will look at the 5 countries most in debt to the IMF. If you want to read our detailed analysis of the African economy, you can go directly to the 20 Countries Most in Debt to the IMF. 

5. Ecuador

Total Outstanding Debt to IMF: $5.83 billion

Current GDP (2022): $115.05 billion

Ecuador is a South American country that ranks 5th on our list of countries most in debt to the IMF. Despite repaying $39,141,666 to the IMF in March, the country still has an outstanding debt of $5,826,875,002.

4. Pakistan

Total Outstanding Debt to IMF: $5.97 billion

Current GDP (2022): $374.7 billion

Pakistan is a South Asian country that borders itself with India, China, Iran, Afghanistan, and the Arabian Sea. The country has an outstanding debt of $5,971,520,836 to the IMF. Moreover, Pakistan had a current GDP of $374.7 billion in 2022.

3. Ukraine

Total Outstanding Debt to IMF: $8.40 billion

Current GDP (2022): $160.5 billion

Ukraine is an Eastern European country that ranks 3rd on our list of countries most in debt to the IMF. Despite repaying $542,675,833 to the IMF in March, the country still has an outstanding debt of $8,402,030,007.

2. Egypt

Total Outstanding Debt to IMF: $10.98 billion 

Current GDP (2022): $476.75 billion

Egypt ranks 2nd on our list and is situated in the northeastern part of Africa and links the African continent to the Middle East. Egypt had a current GDP of $476.75 billion in 2022. Despite repaying $144,755,000 in March, Egypt still has an outstanding debt of $10,835,774,177. 

1. Argentina

Total Outstanding Debt to IMF: $32.45 billion

Current GDP (2022): $631.13 billion

Argentina is the most in-debt country to the IMF, with an outstanding debt of $32,450,000,000. Argentina had a current GDP of $631.13 billion in 2022.  

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