Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Debt service on external debt, public and publicly guaranteed (PPG) was 29.48 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Latin America & Caribbean (excluding high income) is 29.48 % change on previous year, measured in 2024.
Compared with earlier readings it is up 93.3% on the previous year and up 388.9% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Latin America & Caribbean (excluding high income) peaked at 63.84 % change on previous year in 1978 and was at its lowest, -24.53 % change on previous year, in 2007.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.9 % change on previous year | — |
| 1972 | 18 % change on previous year | +102.2% |
| 1973 | 40.73 % change on previous year | +126.3% |
| 1974 | 20.29 % change on previous year | -50.2% |
| 1975 | 21.34 % change on previous year | +5.2% |
| 1976 | 21.92 % change on previous year | +2.7% |
| 1977 | 42.62 % change on previous year | +94.4% |
| 1978 | 63.84 % change on previous year | +49.8% |
| 1979 | 41.1 % change on previous year | -35.6% |
| 1980 | 0.3859 % change on previous year | -99.1% |
| 1981 | 13.57 % change on previous year | +3415.7% |
| 1982 | 9.23 % change on previous year | -32.0% |
| 1983 | -7.48 % change on previous year | -181.0% |
| 1984 | 3.84 % change on previous year | -151.3% |
| 1985 | 3.5 % change on previous year | -8.9% |
| 1986 | -3.43 % change on previous year | -198.1% |
| 1987 | 1.44 % change on previous year | -142.1% |
| 1988 | 22.25 % change on previous year | +1440.0% |
| 1989 | -15.01 % change on previous year | -167.4% |
| 1990 | -10.75 % change on previous year | -28.4% |
| 1991 | 5.56 % change on previous year | -151.7% |
| 1992 | 22.98 % change on previous year | +313.6% |
| 1993 | -12.03 % change on previous year | -152.3% |
| 1994 | 14.09 % change on previous year | -217.2% |
| 1995 | 32.71 % change on previous year | +132.1% |
| 1996 | 32.29 % change on previous year | -1.3% |
| 1997 | 9.49 % change on previous year | -70.6% |
| 1998 | -13.03 % change on previous year | -237.3% |
| 1999 | 13.48 % change on previous year | -203.4% |
| 2000 | 11.03 % change on previous year | -18.2% |
| 2001 | -9.7 % change on previous year | -188.0% |
| 2002 | -4.98 % change on previous year | -48.6% |
| 2003 | 7.88 % change on previous year | -258.1% |
| 2004 | -2.84 % change on previous year | -136.0% |
| 2005 | -2.12 % change on previous year | -25.3% |
| 2006 | 50.36 % change on previous year | -2478.0% |
| 2007 | -24.53 % change on previous year | -148.7% |
| 2008 | -3.56 % change on previous year | -85.5% |
| 2009 | -10.88 % change on previous year | +205.8% |
| 2010 | 0.1097 % change on previous year | -101.0% |
| 2011 | 7.1 % change on previous year | +6370.6% |
| 2012 | 11.31 % change on previous year | +59.3% |
| 2013 | -4.71 % change on previous year | -141.7% |
| 2014 | -10.2 % change on previous year | +116.5% |
| 2015 | 42.54 % change on previous year | -516.9% |
| 2016 | 19.97 % change on previous year | -53.1% |
| 2017 | 21.71 % change on previous year | +8.7% |
| 2018 | -5.02 % change on previous year | -123.1% |
| 2019 | 19.01 % change on previous year | -478.8% |
| 2020 | -22.41 % change on previous year | -217.9% |
| 2021 | 5.38 % change on previous year | -124.0% |
| 2022 | -20.86 % change on previous year | -487.6% |
| 2023 | 15.25 % change on previous year | -173.1% |
| 2024 | 29.48 % change on previous year | +93.3% |
Biggest year-on-year movements
Years where Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +6370.6% | 0.1097 % change on previous year | 7.1 % change on previous year |
| 1981 | +3415.7% | 0.3859 % change on previous year | 13.57 % change on previous year |
| 2006 | +2478.0% | -2.12 % change on previous year | 50.36 % change on previous year |
| 1988 | +1440.0% | 1.44 % change on previous year | 22.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.97 % change on previous year | 8.9 % change on previous year | 63.84 % change on previous year | 9 |
| 1980s | 2.83 % change on previous year | -15.01 % change on previous year | 22.25 % change on previous year | 10 |
| 1990s | 9.48 % change on previous year | -13.03 % change on previous year | 32.71 % change on previous year | 10 |
| 2000s | 1.07 % change on previous year | -24.53 % change on previous year | 50.36 % change on previous year | 10 |
| 2010s | 10.18 % change on previous year | -10.2 % change on previous year | 42.54 % change on previous year | 10 |
| 2020s | 1.37 % change on previous year | -22.41 % change on previous year | 29.48 % change on previous year | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
More external debt data for Latin America & Caribbean (excluding high income)
- IFC, private nonguaranteed 918.17 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.47 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 79.15 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA 335.91 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5396 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 2.94 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.6% (2024)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Latin America & Caribbean (excluding high income)?
- Debt service on external debt, public and publicly guaranteed (ppg) in Latin America & Caribbean (excluding high income) was 29.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 63.84 % change on previous year in 1978.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -24.53 % change on previous year in 2007.
- How does Latin America & Caribbean (excluding high income) rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Latin America & Caribbean (excluding high income) ranks 1st out of 12 groups with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 388.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.