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India has been the World Bank's top debtor since 1970, owing $38.3 billion as of 2022
India has been the World Bank's largest debtor for over 50 years, with a debt of $38.3 billion as of 2022. Five Asian nations — India, Indonesia, Bangladesh, Pakistan, and China — owe a combined $111.2 billion, or 27% of the World Bank’s total debt. Nigeria, Africa's largest World Bank debtor, ranks 10th, with nearly #14 billion in debt.

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