> GLI > Table E2-USD > Change measure  EUR JPY  Structure Help
Total credit to non-bank borrowers by currency of denomination 1: US dollar
Bank loans and debt securities issues, by residence of non-bank borrower
«  Q1 2023  »
Amount outstanding (USD bn) Annual change (%)
Q3 22 Q4 22 Q1 23 Q3 22 Q4 22 Q1 23
Borrowers outside the United States13,09212,82612,900-1.8-3.9-3.8
Of which: emerging market economies5,2805,1535,140-0.9-3.5-5.1
Africa and Middle East1,2901,2671,2652.4-1.5-1.4
Saudi Arabia159160159-4.6-0.0-1.4
South Africa4141422.73.35.6
Emerging Asia and Pacific2,4192,3142,298-3.8-6.7-9.9
China500448456-10.1-17.8-19.1
Chinese Taipei605249-14.1-21.5-29.3
India1371341300.5-1.5-7.4
Indonesia2082042043.51.30.9
Korea17116917213.79.54.4
Malaysia424040-7.6-11.8-11.8
Emerging Europe334332339-5.2-6.5-4.2
Russia726766-6.1-13.3-13.3
Türkiye195195196-4.4-3.0-4.0
Latin America1,2361,2401,2372.91.80.8
Argentina818076-11.4-9.6-7.1
Brazil1891871802.82.2-4.3
Chile14614614910.57.22.6
Mexico3323293382.70.12.8
By instrument
Borrowers outside the United States13,09212,82612,900-1.8-3.9-3.8
Bank loans5,9655,7565,806-2.6-5.3-5.6
Debt securities issues7,1277,0717,094-1.2-2.7-2.3
Of which: non-financial borrowers3,7083,7053,740-0.1-0.60.0
Of which: emerging market economies5,2805,1535,140-0.9-3.5-5.1
Bank loans2,7802,6712,639-3.0-6.6-9.2
Debt securities issues2,5002,4822,5011.50.0-0.3
Of which: non-financial borrowers2,0512,0492,0762.00.91.2
Memo: Borrowers in the United States
Non-financial borrowers68,92069,41770,0977.25.74.6
Of which: government29,86030,08330,3927.25.24.0
 1 For definitions and sources, see bis.org/statistics/gli.htm.