1. Bangladesh 🇧🇩: $22.7bn
2. Pakistan 🇵🇰: $19.2bn
3. Nigeria 🇳🇬: $18.5bn
4. Ethiopia 🇪🇹: $14.4bn
5. Tanzania 🇹🇿: $14.3bn
6. Kenya 🇰🇪: $13.2bn
7. India 🇮🇳: $12.4bn
8. Viet Nam 🇻🇳: $10.8
9. Ghana 🇬🇭: $7.4bn
10. Ukraine 🇺🇦: $6.7bn
Although Nigeria’s exposure declined slightly from $18.7 billion in December 2025 to $18.5 billion in March 2026, it still remained the World Bank IDA’s third-largest borrower
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