Debt service on external debt, public and publicly guaranteed (PPG) in Lower middle income
Lower middle income: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0208 TDS, current US$ per US$ of GDP in 2024. ▼ Falling
Debt service on external debt, public and publicly guaranteed (PPG) in Lower middle 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 Lower middle income is 0.0208 TDS, current US$ per US$ of GDP, measured in 2024.
That represents a change of up 22.3% on the previous year and up 62.7% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Lower middle income peaked at 0.0386 TDS, current US$ per US$ of GDP in 1994 and was at its lowest, 0.0099 TDS, current US$ per US$ of GDP, in 2012.
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 Lower middle income, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.015 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0106 TDS, current US$ per US$ of GDP | -29.1% |
| 1972 | 0.012 TDS, current US$ per US$ of GDP | +13.2% |
| 1973 | 0.0145 TDS, current US$ per US$ of GDP | +20.3% |
| 1974 | 0.0104 TDS, current US$ per US$ of GDP | -27.9% |
| 1975 | 0.0113 TDS, current US$ per US$ of GDP | +7.8% |
| 1976 | 0.0119 TDS, current US$ per US$ of GDP | +6.0% |
| 1977 | 0.0124 TDS, current US$ per US$ of GDP | +4.2% |
| 1978 | 0.0152 TDS, current US$ per US$ of GDP | +22.4% |
| 1979 | 0.016 TDS, current US$ per US$ of GDP | +5.1% |
| 1980 | 0.0162 TDS, current US$ per US$ of GDP | +1.2% |
| 1981 | 0.0157 TDS, current US$ per US$ of GDP | -3.1% |
| 1982 | 0.0176 TDS, current US$ per US$ of GDP | +12.2% |
| 1983 | 0.0213 TDS, current US$ per US$ of GDP | +21.2% |
| 1984 | 0.0238 TDS, current US$ per US$ of GDP | +11.8% |
| 1985 | 0.0263 TDS, current US$ per US$ of GDP | +10.5% |
| 1986 | 0.0274 TDS, current US$ per US$ of GDP | +3.9% |
| 1987 | 0.0256 TDS, current US$ per US$ of GDP | -6.5% |
| 1988 | 0.0287 TDS, current US$ per US$ of GDP | +12.0% |
| 1989 | 0.0305 TDS, current US$ per US$ of GDP | +6.3% |
| 1990 | 0.0337 TDS, current US$ per US$ of GDP | +10.4% |
| 1991 | 0.0358 TDS, current US$ per US$ of GDP | +6.4% |
| 1992 | 0.037 TDS, current US$ per US$ of GDP | +3.4% |
| 1993 | 0.0364 TDS, current US$ per US$ of GDP | -1.8% |
| 1994 | 0.0386 TDS, current US$ per US$ of GDP | +6.1% |
| 1995 | 0.0356 TDS, current US$ per US$ of GDP | -7.8% |
| 1996 | 0.0317 TDS, current US$ per US$ of GDP | -10.9% |
| 1997 | 0.0297 TDS, current US$ per US$ of GDP | -6.4% |
| 1998 | 0.0271 TDS, current US$ per US$ of GDP | -8.7% |
| 1999 | 0.0284 TDS, current US$ per US$ of GDP | +4.7% |
| 2000 | 0.029 TDS, current US$ per US$ of GDP | +2.0% |
| 2001 | 0.0281 TDS, current US$ per US$ of GDP | -3.0% |
| 2002 | 0.0302 TDS, current US$ per US$ of GDP | +7.4% |
| 2003 | 0.0338 TDS, current US$ per US$ of GDP | +11.9% |
| 2004 | 0.0249 TDS, current US$ per US$ of GDP | -26.3% |
| 2005 | 0.0269 TDS, current US$ per US$ of GDP | +8.3% |
| 2006 | 0.0202 TDS, current US$ per US$ of GDP | -24.9% |
| 2007 | 0.0154 TDS, current US$ per US$ of GDP | -24.1% |
| 2008 | 0.0157 TDS, current US$ per US$ of GDP | +2.4% |
| 2009 | 0.0123 TDS, current US$ per US$ of GDP | -21.8% |
| 2010 | 0.0108 TDS, current US$ per US$ of GDP | -12.2% |
| 2011 | 0.0107 TDS, current US$ per US$ of GDP | -1.4% |
| 2012 | 0.0099 TDS, current US$ per US$ of GDP | -7.5% |
| 2013 | 0.0112 TDS, current US$ per US$ of GDP | +14.0% |
| 2014 | 0.0128 TDS, current US$ per US$ of GDP | +13.6% |
| 2015 | 0.0124 TDS, current US$ per US$ of GDP | -3.1% |
| 2016 | 0.0161 TDS, current US$ per US$ of GDP | +29.8% |
| 2017 | 0.0139 TDS, current US$ per US$ of GDP | -13.5% |
| 2018 | 0.0164 TDS, current US$ per US$ of GDP | +17.8% |
| 2019 | 0.0164 TDS, current US$ per US$ of GDP | +0.2% |
| 2020 | 0.018 TDS, current US$ per US$ of GDP | +9.8% |
| 2021 | 0.0164 TDS, current US$ per US$ of GDP | -9.0% |
| 2022 | 0.0159 TDS, current US$ per US$ of GDP | -2.8% |
| 2023 | 0.017 TDS, current US$ per US$ of GDP | +6.7% |
| 2024 | 0.0208 TDS, current US$ per US$ of GDP | +22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0129 TDS, current US$ per US$ of GDP | 0.0104 TDS, current US$ per US$ of GDP | 0.016 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0233 TDS, current US$ per US$ of GDP | 0.0157 TDS, current US$ per US$ of GDP | 0.0305 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0334 TDS, current US$ per US$ of GDP | 0.0271 TDS, current US$ per US$ of GDP | 0.0386 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0236 TDS, current US$ per US$ of GDP | 0.0123 TDS, current US$ per US$ of GDP | 0.0338 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.013 TDS, current US$ per US$ of GDP | 0.0099 TDS, current US$ per US$ of GDP | 0.0164 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0176 TDS, current US$ per US$ of GDP | 0.0159 TDS, current US$ per US$ of GDP | 0.0208 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Lower middle income
- 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
- 8 Egypt 0.0624 TDS, current US$ per US$ of GDP compare
More external debt data for Lower middle income
- IFC, private nonguaranteed 3.01 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.04 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 48.04 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA (NFL, current US$), per capita 3.1 NFL, current US$ per person (2024)
- Net financial flows, IDA 9.00 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0013 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 10.32 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Lower middle income?
- Debt service on external debt, public and publicly guaranteed (ppg) in Lower middle income was 0.0208 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 Lower middle income?
- The highest recorded value was 0.0386 TDS, current US$ per US$ of GDP in 1994.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Lower middle income?
- The lowest recorded value was 0.0099 TDS, current US$ per US$ of GDP in 2012.
- How does Lower middle income rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Lower middle income ranks 5th out of 12 groups with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Lower middle income?
- Over the last ten years it is up 62.7%. The long-run trend across the full record is falling.
- Where does this Lower middle 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.