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The U.S. holds the largest IMF quota at 82.99 billion SDRs, exceeding the combined shares of Japan and China

The United States holds the largest IMF quota by far, with 82,994.2 billion SDRs, accounting for 17.42%, more than double the quota of any other country.
Japan, China, and Germany follow as the next largest contributors, each holding between 5.5% and 6.5% of total quota shares.
European countries (Germany, France, the U.K., Italy) collectively maintain a strong presence, together accounting for nearly 17.21%, almost equal to the U.S. alone.
Emerging economies like India and Russia have relatively modest shares (2.75% and 2.71%, respectively) despite their growing roles in global economic affairs, indicating an imbalance between global influence and IMF voting power.

Nigeria set to clear IMF debt by mid-2025 after reducing outstanding balance by 87.5% from March 2023 to March 2025

Key Takeaways:

Nigeria’s outstanding debt to the IMF has reduced from SDR 2.45 billion in March 2023 to SDR 306.81 million by March 2025.
The country has maintained a consistent quarterly repayment pattern, averaging SDR 306.8 million.
This steady repayment trend reflects Nigeria’s commitment to managing its external obligations.
At the current repayment rate, Nigeria is positioned to fully clear its IMF obligations by mid-2025.

As of March 31, 2025, the top five countries accounted for 57% of total IMF credit outstanding

Key Takeaways:

Argentina tops the list with SDR 31.1 billion in outstanding IMF credit.
The top three borrowers, Argentina, Ukraine, and Egypt, together hold over 45% of total IMF credit.
All 15 countries on the list have outstanding credit of at least SDR 1.4 billion.
African nations such as Kenya, Angola, Ghana, and Ethiopia rank among the top 15 IMF debtors.
The top 10 countries alone account for more than two-thirds of the IMF’s total outstanding credit.

Egypt accounts for one-third of over SDR 26 billion owed by Africa’s top 10 IMF debtors

Key Takeaways:

Egypt leads African nations in IMF debt, with SDR 8.63 billion in outstanding credit.
The combined debt of these 10 countries represents 24% of the IMF’s total outstanding credit globally.
East African nations, Kenya and Ethiopia, hold a combined SDR 4.5 billion in IMF credit.
West Africa is strongly represented with Côte d'Ivoire, Ghana, Senegal, and Cameroon owing more than SDR 7.4 billion collectively.

As of June 26, 2024, 95 countries owed the IMF $111.6 billion

Argentina, Egypt, and Ukraine were the IMF’s top three debtors as of June 26, 2024, accounting for $51 billion (46%) of the total debt. Egypt, Angola, and Kenya occupy the top three spots in Africa on the IMF’s debtors’ list. As of December 2023, Kenya's public debt stood at Ksh11.14 trillion (approximately $76.8 billion). By June 2024, its debt to the IMF had increased by 245% from $744 million in August 2020. This increase has coincided with protests in Kenya, where citizens opposed a proposed finance bill aiming to raise additional taxes to reduce the budget deficit and state borrowing.