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 0.0214 TDS, current US$ per US$ of GDP in 2024. ▼ Falling
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Latin America & Caribbean (excluding high income) is 0.0214 TDS, current US$ per US$ of GDP, measured in 2024.
That represents a change of up 26.3% on the previous year and up 103.8% 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 0.0397 TDS, current US$ per US$ of GDP in 1988 and was at its lowest, 0.0105 TDS, current US$ per US$ of GDP, in 2014.
The long-run direction has been consistently falling across the 55 years of available data.
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0133 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0131 TDS, current US$ per US$ of GDP | -1.8% |
| 1972 | 0.0136 TDS, current US$ per US$ of GDP | +4.2% |
| 1973 | 0.0144 TDS, current US$ per US$ of GDP | +5.8% |
| 1974 | 0.0131 TDS, current US$ per US$ of GDP | -9.5% |
| 1975 | 0.0147 TDS, current US$ per US$ of GDP | +12.8% |
| 1976 | 0.0164 TDS, current US$ per US$ of GDP | +11.6% |
| 1977 | 0.0215 TDS, current US$ per US$ of GDP | +30.9% |
| 1978 | 0.0293 TDS, current US$ per US$ of GDP | +36.4% |
| 1979 | 0.0373 TDS, current US$ per US$ of GDP | +27.2% |
| 1980 | 0.031 TDS, current US$ per US$ of GDP | -17.0% |
| 1981 | 0.0307 TDS, current US$ per US$ of GDP | -1.0% |
| 1982 | 0.036 TDS, current US$ per US$ of GDP | +17.4% |
| 1983 | 0.0381 TDS, current US$ per US$ of GDP | +5.8% |
| 1984 | 0.0375 TDS, current US$ per US$ of GDP | -1.5% |
| 1985 | 0.0393 TDS, current US$ per US$ of GDP | +4.7% |
| 1986 | 0.0376 TDS, current US$ per US$ of GDP | -4.4% |
| 1987 | 0.0356 TDS, current US$ per US$ of GDP | -5.2% |
| 1988 | 0.0397 TDS, current US$ per US$ of GDP | +11.3% |
| 1989 | 0.0305 TDS, current US$ per US$ of GDP | -23.2% |
| 1990 | 0.0245 TDS, current US$ per US$ of GDP | -19.5% |
| 1991 | 0.0241 TDS, current US$ per US$ of GDP | -1.9% |
| 1992 | 0.0272 TDS, current US$ per US$ of GDP | +13.1% |
| 1993 | 0.02 TDS, current US$ per US$ of GDP | -26.4% |
| 1994 | 0.0195 TDS, current US$ per US$ of GDP | -2.8% |
| 1995 | 0.024 TDS, current US$ per US$ of GDP | +23.5% |
| 1996 | 0.0293 TDS, current US$ per US$ of GDP | +22.0% |
| 1997 | 0.0293 TDS, current US$ per US$ of GDP | -0.1% |
| 1998 | 0.0252 TDS, current US$ per US$ of GDP | -13.9% |
| 1999 | 0.032 TDS, current US$ per US$ of GDP | +26.8% |
| 2000 | 0.032 TDS, current US$ per US$ of GDP | -0.0% |
| 2001 | 0.0295 TDS, current US$ per US$ of GDP | -7.7% |
| 2002 | 0.0315 TDS, current US$ per US$ of GDP | +6.7% |
| 2003 | 0.0335 TDS, current US$ per US$ of GDP | +6.3% |
| 2004 | 0.0283 TDS, current US$ per US$ of GDP | -15.4% |
| 2005 | 0.0228 TDS, current US$ per US$ of GDP | -19.4% |
| 2006 | 0.0293 TDS, current US$ per US$ of GDP | +28.3% |
| 2007 | 0.0186 TDS, current US$ per US$ of GDP | -36.3% |
| 2008 | 0.0154 TDS, current US$ per US$ of GDP | -17.5% |
| 2009 | 0.0147 TDS, current US$ per US$ of GDP | -4.7% |
| 2010 | 0.0118 TDS, current US$ per US$ of GDP | -19.7% |
| 2011 | 0.0111 TDS, current US$ per US$ of GDP | -6.0% |
| 2012 | 0.0123 TDS, current US$ per US$ of GDP | +10.8% |
| 2013 | 0.0116 TDS, current US$ per US$ of GDP | -5.1% |
| 2014 | 0.0105 TDS, current US$ per US$ of GDP | -9.8% |
| 2015 | 0.0179 TDS, current US$ per US$ of GDP | +70.3% |
| 2016 | 0.0222 TDS, current US$ per US$ of GDP | +24.0% |
| 2017 | 0.0242 TDS, current US$ per US$ of GDP | +9.1% |
| 2018 | 0.0237 TDS, current US$ per US$ of GDP | -2.0% |
| 2019 | 0.0288 TDS, current US$ per US$ of GDP | +21.4% |
| 2020 | 0.0267 TDS, current US$ per US$ of GDP | -7.3% |
| 2021 | 0.0242 TDS, current US$ per US$ of GDP | -9.4% |
| 2022 | 0.0166 TDS, current US$ per US$ of GDP | -31.5% |
| 2023 | 0.0169 TDS, current US$ per US$ of GDP | +2.3% |
| 2024 | 0.0214 TDS, current US$ per US$ of GDP | +26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0187 TDS, current US$ per US$ of GDP | 0.0131 TDS, current US$ per US$ of GDP | 0.0373 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0356 TDS, current US$ per US$ of GDP | 0.0305 TDS, current US$ per US$ of GDP | 0.0397 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0255 TDS, current US$ per US$ of GDP | 0.0195 TDS, current US$ per US$ of GDP | 0.032 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0256 TDS, current US$ per US$ of GDP | 0.0147 TDS, current US$ per US$ of GDP | 0.0335 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0174 TDS, current US$ per US$ of GDP | 0.0105 TDS, current US$ per US$ of GDP | 0.0288 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0211 TDS, current US$ per US$ of GDP | 0.0166 TDS, current US$ per US$ of GDP | 0.0267 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 1 Angola 0.0956 TDS, current US$ per US$ of GDP compare
- 2 El Salvador 0.0877 TDS, current US$ per US$ of GDP compare
- 3 Dominica 0.0759 TDS, current US$ per US$ of GDP compare
- 4 Mauritius 0.0687 TDS, current US$ per US$ of GDP compare
- 5 Congo 0.0665 TDS, current US$ per US$ of GDP compare
- 6 Tonga 0.0663 TDS, current US$ per US$ of GDP compare
- 7 Tunisia 0.0663 TDS, current US$ per US$ of GDP compare
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 0.0214 TDS, current US$ per US$ of GDP 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 0.0397 TDS, current US$ per US$ of GDP in 1988.
- 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 0.0105 TDS, current US$ per US$ of GDP in 2014.
- 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 4th 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 103.8%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.