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 134.03 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
134.03 billion TDS, current US$
Change on year
up 29.5%
Rank
6th
of 12 groups
All-time high
138.79 billion TDS, current US$
in 2019
All-time low
2.05 billion TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Latin America & Caribbean (excluding high income) recorded 134.03 billion TDS, current US$ for debt service on external debt, public and publicly guaranteed (ppg) in 2024.
The figure is up 29.5% on the previous year and up 127.2% 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 138.79 billion TDS, current US$ in 2019 and was at its lowest, 2.05 billion TDS, current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Latin America & Caribbean (excluding high income), year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 2.05 billion TDS, current US$ | — |
| 1971 | 2.24 billion TDS, current US$ | +8.9% |
| 1972 | 2.64 billion TDS, current US$ | +18.0% |
| 1973 | 3.71 billion TDS, current US$ | +40.7% |
| 1974 | 4.47 billion TDS, current US$ | +20.3% |
| 1975 | 5.42 billion TDS, current US$ | +21.3% |
| 1976 | 6.61 billion TDS, current US$ | +21.9% |
| 1977 | 9.43 billion TDS, current US$ | +42.6% |
| 1978 | 15.45 billion TDS, current US$ | +63.8% |
| 1979 | 21.79 billion TDS, current US$ | +41.1% |
| 1980 | 21.88 billion TDS, current US$ | +0.4% |
| 1981 | 24.85 billion TDS, current US$ | +13.6% |
| 1982 | 27.14 billion TDS, current US$ | +9.2% |
| 1983 | 25.11 billion TDS, current US$ | -7.5% |
| 1984 | 26.07 billion TDS, current US$ | +3.8% |
| 1985 | 26.98 billion TDS, current US$ | +3.5% |
| 1986 | 26.06 billion TDS, current US$ | -3.4% |
| 1987 | 26.44 billion TDS, current US$ | +1.4% |
| 1988 | 32.32 billion TDS, current US$ | +22.3% |
| 1989 | 27.47 billion TDS, current US$ | -15.0% |
| 1990 | 24.52 billion TDS, current US$ | -10.7% |
| 1991 | 25.88 billion TDS, current US$ | +5.6% |
| 1992 | 31.82 billion TDS, current US$ | +23.0% |
| 1993 | 28.00 billion TDS, current US$ | -12.0% |
| 1994 | 31.94 billion TDS, current US$ | +14.1% |
| 1995 | 42.39 billion TDS, current US$ | +32.7% |
| 1996 | 56.08 billion TDS, current US$ | +32.3% |
| 1997 | 61.41 billion TDS, current US$ | +9.5% |
| 1998 | 53.40 billion TDS, current US$ | -13.0% |
| 1999 | 60.60 billion TDS, current US$ | +13.5% |
| 2000 | 67.28 billion TDS, current US$ | +11.0% |
| 2001 | 60.76 billion TDS, current US$ | -9.7% |
| 2002 | 57.73 billion TDS, current US$ | -5.0% |
| 2003 | 62.28 billion TDS, current US$ | +7.9% |
| 2004 | 60.51 billion TDS, current US$ | -2.8% |
| 2005 | 59.23 billion TDS, current US$ | -2.1% |
| 2006 | 89.06 billion TDS, current US$ | +50.4% |
| 2007 | 67.21 billion TDS, current US$ | -24.5% |
| 2008 | 64.82 billion TDS, current US$ | -3.6% |
| 2009 | 57.77 billion TDS, current US$ | -10.9% |
| 2010 | 57.83 billion TDS, current US$ | +0.1% |
| 2011 | 61.94 billion TDS, current US$ | +7.1% |
| 2012 | 68.95 billion TDS, current US$ | +11.3% |
| 2013 | 65.70 billion TDS, current US$ | -4.7% |
| 2014 | 58.99 billion TDS, current US$ | -10.2% |
| 2015 | 84.09 billion TDS, current US$ | +42.5% |
| 2016 | 100.88 billion TDS, current US$ | +20.0% |
| 2017 | 122.78 billion TDS, current US$ | +21.7% |
| 2018 | 116.62 billion TDS, current US$ | -5.0% |
| 2019 | 138.79 billion TDS, current US$ | +19.0% |
| 2020 | 107.69 billion TDS, current US$ | -22.4% |
| 2021 | 113.48 billion TDS, current US$ | +5.4% |
| 2022 | 89.82 billion TDS, current US$ | -20.9% |
| 2023 | 103.52 billion TDS, current US$ | +15.3% |
| 2024 | 134.03 billion TDS, current US$ | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.38 billion TDS, current US$ | 2.05 billion TDS, current US$ | 21.79 billion TDS, current US$ | 10 |
| 1980s | 26.43 billion TDS, current US$ | 21.88 billion TDS, current US$ | 32.32 billion TDS, current US$ | 10 |
| 1990s | 41.60 billion TDS, current US$ | 24.52 billion TDS, current US$ | 61.41 billion TDS, current US$ | 10 |
| 2000s | 64.67 billion TDS, current US$ | 57.73 billion TDS, current US$ | 89.06 billion TDS, current US$ | 10 |
| 2010s | 87.66 billion TDS, current US$ | 57.83 billion TDS, current US$ | 138.79 billion TDS, current US$ | 10 |
| 2020s | 109.71 billion TDS, current US$ | 89.82 billion TDS, current US$ | 134.03 billion TDS, current US$ | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 3 Mexico 38.81 billion TDS, current US$ compare
- 4 Indonesia 38.21 billion TDS, current US$ compare
- 5 Türkiye 29.66 billion TDS, current US$ compare
- 6 India 26.79 billion TDS, current US$ compare
- 7 Egypt 24.27 billion TDS, current US$ compare
- 8 Russian Federation 20.09 billion TDS, current US$ compare
- 9 Colombia 14.87 billion TDS, current US$ 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 134.03 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- 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 138.79 billion TDS, current US$ in 2019.
- 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 2.05 billion TDS, current US$ in 1970.
- 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 6th 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 127.2%. 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 International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.