Sri Lanka and Pakistan become more indebted when all loans to governments are considered

Loan to GDP ratio (%)

Loan to GDP ratio is calculated by dividing the total loan amount (calculated in 2017 constant US$ to current GDP (based on 2017 constant US$) * Loans to governments, government agencies, Special purpose vehicles, public-private partnerships, state-owned companies and state-owned banks
Source: AIDdata, World Bank