Ranking
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Total amount of domestic nonfinancial corporate bonds and notes outstanding (BIS Table 16B) to total amount of domestic bonds and notes outstanding, both corporate and noncorporate (BIS Table 16A).
As of 2021, Malaysia ranks first with 38.60%, followed by Russia (27.65%) and Thailand (25.29%).
Across 23 countries and territories, values run from 38.60% (Malaysia) to 0.49% (Denmark), with a median of 6.42%.
By region, the top 10 is made up of 5 from Asia, 4 from Europe and 1 from the Americas.
Source: World Bank Open Data — Nonfinancial corporate bonds to total bonds and notes outstanding (%), 2021. Unit: %.
Source: World Bank Open Data — Nonfinancial corporate bonds to total bonds and notes outstanding (%) · CC BY 4.0 · fetched Oct 17, 2026