Chinese loans and grants by recipient country
China committed $170 bn in loans and grants to Russia between 2000 and 2021, 11% of the total; 28% was committed to the top three countries.
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
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Chinese loans and grants, 2000–2021, US$ (2021 prices)
<$1.4 bn$1.4 bn+$14 bn+$50 bn+$100 bn+
No data
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Summary
China committed $1.49 tn in loans and grants to the countries AidData covers between 2000 and 2021, in 2021 dollars. Russia $170 bn (11%), Argentina $139 bn (9.3%) and Venezuela $113 bn (7.6%); together, 28% of the world total.
143 countries and territories have a figure for 2000–2021.
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
Countries and territories with data
| Russia | $170 bn | 11% |
|---|---|---|
| Argentina | $139 bn | 9.3% |
| Venezuela | $113 bn | 7.6% |
| Pakistan | $103 bn | 6.9% |
| Angola | $65 bn | 4.4% |
| Kazakhstan | $64 bn | 4.3% |
| Indonesia | $55 bn | 3.7% |
| Brazil | $54 bn | 3.6% |
| Vietnam | $29 bn | 1.9% |
| Türkiye | $28 bn | 1.9% |
| Iran | $28 bn | 1.9% |
| Egypt | $27 bn | 1.8% |
| Ecuador | $27 bn | 1.8% |
| Mongolia | $22 bn | 1.5% |
| Laos | $22 bn | 1.4% |
| Ethiopia | $21 bn | 1.4% |
| South Africa | $21 bn | 1.4% |
| Bangladesh | $21 bn | 1.4% |
| Sri Lanka | $20 bn | 1.4% |
| Sudan | $19 bn | 1.3% |
| Uzbekistan | $18 bn | 1.2% |
| Cambodia | $18 bn | 1.2% |
| Iraq | $17 bn | 1.2% |
| Peru | $17 bn | 1.1% |
| Malaysia | $17 bn | 1.1% |
| Nigeria | $15 bn | 1% |
| Myanmar | $15 bn | 1% |
| Zambia | $14 bn | 0.9% |
| Democratic Republic of the Congo | $14 bn | 0.9% |
| Kenya | $13 bn | 0.9% |
| Turkmenistan | $12 bn | 0.8% |
| Belarus | $12 bn | 0.8% |
| India | $11 bn | 0.7% |
| Ghana | $10 bn | 0.7% |
| North Korea | $9.8 bn | 0.7% |
| Equatorial Guinea | $9.3 bn | 0.6% |
| Cameroon | $9.0 bn | 0.6% |
| Philippines | $8.1 bn | 0.5% |
| Republic of the Congo | $7.8 bn | 0.5% |
| Cuba | $7.8 bn | 0.5% |
| Côte d'Ivoire | $7.3 bn | 0.5% |
| Papua New Guinea | $7.2 bn | 0.5% |
| Oman | $7.1 bn | 0.5% |
| Chile | $6.7 bn | 0.4% |
| Tajikistan | $6.3 bn | 0.4% |
| Mozambique | $6.1 bn | 0.4% |
| Serbia | $6.1 bn | 0.4% |
| South Sudan | $5.7 bn | 0.4% |
| Israel | $5.7 bn | 0.4% |
| Zimbabwe | $5.5 bn | 0.4% |
| Guinea | $5.3 bn | 0.4% |
| Thailand | $5.2 bn | 0.4% |
| Marshall Islands | $5.1 bn | 0.3% |
| Uganda | $5.1 bn | 0.3% |
| Sierra Leone | $5.0 bn | 0.3% |
| Kyrgyzstan | $4.1 bn | 0.3% |
| Senegal | $4.1 bn | 0.3% |
| Mexico | $4.1 bn | 0.3% |
| Niger | $3.8 bn | 0.3% |
| Tanzania | $3.8 bn | 0.3% |
| Bahamas | $3.6 bn | 0.2% |
| Ukraine | $3.6 bn | 0.2% |
| Eritrea | $3.0 bn | 0.2% |
| Gabon | $3.0 bn | 0.2% |
| Suriname | $2.7 bn | 0.2% |
| Jamaica | $2.6 bn | 0.2% |
| Benin | $2.6 bn | 0.2% |
| Bolivia | $2.6 bn | 0.2% |
| Syria | $2.5 bn | 0.2% |
| Namibia | $2.5 bn | 0.2% |
| Djibouti | $2.4 bn | 0.2% |
| Jordan | $2.2 bn | 0.1% |
| Bosnia and Herzegovina | $2.2 bn | 0.1% |
| Morocco | $2.2 bn | 0.1% |
| Brunei | $2.1 bn | 0.1% |
| Maldives | $2.1 bn | 0.1% |
| Nepal | $2.0 bn | 0.1% |
| Mali | $1.8 bn | 0.1% |
| Botswana | $1.7 bn | 0.1% |
| Colombia | $1.6 bn | 0.1% |
| Mauritania | $1.6 bn | 0.1% |
| Togo | $1.5 bn | 0.1% |
| Chad | $1.5 bn | 0.1% |
| North Macedonia | $1.4 bn | 0.1% |
| Bulgaria | $1.4 bn | 0.1% |
| Mauritius | $1.4 bn | 0.1% |
| Rwanda | $1.3 bn | 0.1% |
| Montenegro | $1.2 bn | 0.1% |
| Azerbaijan | $1.2 bn | 0.1% |
| Malawi | $1.2 bn | 0.1% |
| Liberia | $1.1 bn | 0.1% |
| Costa Rica | $1.1 bn | 0.1% |
| Guyana | $970 m | 0.1% |
| Madagascar | $906 m | 0.1% |
| Romania | $808 m | 0.1% |
| Yemen | $781 m | 0.1% |
| Central African Republic | $724 m | <0.1% |
| Trinidad and Tobago | $686 m | <0.1% |
| Panama | $670 m | <0.1% |
| Fiji | $643 m | <0.1% |
| Vanuatu | $594 m | <0.1% |
| Afghanistan | $588 m | <0.1% |
| Georgia | $582 m | <0.1% |
| Tunisia | $549 m | <0.1% |
| Antigua and Barbuda | $535 m | <0.1% |
| Lesotho | $513 m | <0.1% |
| Burundi | $507 m | <0.1% |
| Cabo Verde | $498 m | <0.1% |
| Grenada | $490 m | <0.1% |
| Lebanon | $490 m | <0.1% |
| Samoa | $484 m | <0.1% |
| Libya | $465 m | <0.1% |
| Honduras | $450 m | <0.1% |
| Burkina Faso | $447 m | <0.1% |
| Tonga | $427 m | <0.1% |
| Uruguay | $323 m | <0.1% |
| Algeria | $311 m | <0.1% |
| Dominica | $310 m | <0.1% |
| El Salvador | $310 m | <0.1% |
| Comoros | $302 m | <0.1% |
| Guinea-Bissau | $301 m | <0.1% |
| Barbados | $243 m | <0.1% |
| Gambia | $214 m | <0.1% |
| Micronesia | $204 m | <0.1% |
| Dominican Republic | $194 m | <0.1% |
| Seychelles | $163 m | <0.1% |
| Solomon Islands | $162 m | <0.1% |
| Kiribati | $161 m | <0.1% |
| São Tomé and Príncipe | $131 m | <0.1% |
| Albania | $128 m | <0.1% |
| Timor-Leste | $113 m | <0.1% |
| Armenia | $106 m | <0.1% |
| Cook Islands | $96 m | <0.1% |
| Moldova | $82 m | <0.1% |
| Palestine | $81 m | <0.1% |
| Somalia | $77 m | <0.1% |
| Paraguay | $76 m | <0.1% |
| Saint Lucia | $56 m | <0.1% |
| Nicaragua | $38 m | <0.1% |
| Niue | $24 m | <0.1% |
| Haiti | $23 m | <0.1% |
| Nauru | $5 m | <0.1% |
| Sint Maarten | $121,312 | <0.1% |
| Total, reporting countries | $1.49 tn | 100% |
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026
Largest commitments
| Project | Recipient | Amount | Year |
|---|---|---|---|
| CNPC disburses $33 billion loan — via oil prepayment facility — to Rosneft for unspecified purposes | Russia | $37 bn | 2013 |
| CDB provides $15 billion loan to Rosneft for East Siberia-Pacific Ocean Oil Pipeline Project (Linked to Project ID#43012) | Russia | $23 bn | 2009 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2018 | Argentina | $21 bn | 2018 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2019 | Argentina | $21 bn | 2019 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2020 | Argentina | $21 bn | 2020 |
| BCRA makes RMB 130 billion drawdown under currency swap agreement with PBOC in 2021 | Argentina | $20 bn | 2021 |
| CDB provides $10 billion loan to Transneft for East Siberia-Pacific Ocean Oil Pipeline Project (Linked to Project ID#43069) | Russia | $15 bn | 2009 |
| CDB provides RMB 70 billion loan tranche via Long Term Facility (Gran Volumen) (Linked to Project ID#35985, #37838, #37528, #38380, #38163, #39099, #37804, #38316, #58377, #95953) | Venezuela | $14 bn | 2010 |
| CDB provides $10 billion loan tranche via Long Term Facility (Gran Volumen) (Linked to Project ID#35985, #37838, #37528, #38380, #38163, #39099, #37808, #38316, #58377, 95953) | Venezuela | $14 bn | 2010 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2015 | Argentina | $12 bn | 2015 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2016 | Argentina | $12 bn | 2016 |
| BCRA makes RMB 70 billion drawdown under currency swap agreement with PBOC in 2017 | Argentina | $12 bn | 2017 |
| Chinese Government provides $10 billion loan for balance of payments support | Venezuela | $11 bn | 2015 |
| [Drawn down amount] China Development Bank provides $10 billion line of credit for oil exploration in the Santos Basin (Linked to Project ID#36737) | Brazil | $11 bn | 2009 |
| Chinese Government cancels $6.7 billion of the Government of Iraq’s outstanding debt obligations | Iraq | $9.3 bn | 2010 |
| CDB provides $10 billion to Government of Angola to recapitalize Sonangol and prepay outstanding debts (Linked to Project ID#66847, #87051, 95415) | Angola | $8.1 bn | 2016 |
| Bank of China provides $3.6 billion loan to Taihu Limited for the purchase of Udmurtneft | Russia | $7.3 bn | 2006 |
| CDB provides $4 billion loan via First Tranche A Facility of Joint China-Venezuela Fund (Linked to Project ID#37838, #38380, #37528, #38163, #39099, #38316, #37808, #37804, #58377, #95953) | Venezuela | $7.2 bn | 2007 |
| CDB provides EUR 5.057 billion loan for Yamal Liquefied Natural Gas (LNG) Project (Euro-denominated tranche) (Linked to Project ID#67063, #67062, #67041, and #67040) | Russia | $6.6 bn | 2016 |
| CDB contributes to $6 billion syndicated loan for the acquisition of Baikalfinancegroup and Yuganskneftegaz (Linked to Project ID#98793) | Russia | $6.5 bn | 2005 |
Source: AidData, Global Chinese Development Finance Dataset 3.02000–2021Updated 25 Oct 2026