Debt service on external debt, total (TDS, current US$), annual in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Debt service on external debt, total (TDS, current US$), annual was -23.41 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, total (TDS, current US$), annual in Latin America & Caribbean (excluding high income), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, debt service on external debt, total (tds, current us$), annual in Latin America & Caribbean (excluding high income) stood at -23.41 % change on previous year. That is the lowest value across all 54 years on record.
That represents a change of down 150.8% on the previous year and down 807.0% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), annual in Latin America & Caribbean (excluding high income) peaked at 51.13 % change on previous year in 1978 and was at its lowest, -23.41 % change on previous year, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total (TDS, current US$), annual in Latin America & Caribbean (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.78 % change on previous year | — |
| 1972 | 15.36 % change on previous year | +306.4% |
| 1973 | 32.41 % change on previous year | +111.0% |
| 1974 | 30.22 % change on previous year | -6.7% |
| 1975 | 14.96 % change on previous year | -50.5% |
| 1976 | 12.6 % change on previous year | -15.7% |
| 1977 | 26.18 % change on previous year | +107.7% |
| 1978 | 51.13 % change on previous year | +95.4% |
| 1979 | 30.26 % change on previous year | -40.8% |
| 1980 | 19.88 % change on previous year | -34.3% |
| 1981 | 24.51 % change on previous year | +23.3% |
| 1982 | 6.67 % change on previous year | -72.8% |
| 1983 | -14.5 % change on previous year | -317.4% |
| 1984 | 5.88 % change on previous year | -140.5% |
| 1985 | -8.45 % change on previous year | -243.9% |
| 1986 | -2.09 % change on previous year | -75.3% |
| 1987 | -4.03 % change on previous year | +92.7% |
| 1988 | 21.1 % change on previous year | -624.1% |
| 1989 | -7.51 % change on previous year | -135.6% |
| 1990 | -19.29 % change on previous year | +156.9% |
| 1991 | 8.66 % change on previous year | -144.9% |
| 1992 | 19.42 % change on previous year | +124.2% |
| 1993 | 17.74 % change on previous year | -8.7% |
| 1994 | 2.63 % change on previous year | -85.2% |
| 1995 | 27.74 % change on previous year | +954.4% |
| 1996 | 36.5 % change on previous year | +31.6% |
| 1997 | 19.98 % change on previous year | -45.3% |
| 1998 | 1.56 % change on previous year | -92.2% |
| 1999 | 28.18 % change on previous year | +1709.7% |
| 2000 | 9.44 % change on previous year | -66.5% |
| 2001 | -17.04 % change on previous year | -280.6% |
| 2002 | -13.88 % change on previous year | -18.6% |
| 2003 | 9.72 % change on previous year | -170.0% |
| 2004 | 2.36 % change on previous year | -75.7% |
| 2005 | 7.45 % change on previous year | +215.2% |
| 2006 | 18.11 % change on previous year | +143.0% |
| 2007 | -17.85 % change on previous year | -198.6% |
| 2008 | -0.9423 % change on previous year | -94.7% |
| 2009 | -7.01 % change on previous year | +643.8% |
| 2010 | -1.52 % change on previous year | -78.3% |
| 2011 | 19.81 % change on previous year | -1405.3% |
| 2012 | 16.42 % change on previous year | -17.1% |
| 2013 | 3.12 % change on previous year | -81.0% |
| 2014 | -2.58 % change on previous year | -182.9% |
| 2015 | 22.28 % change on previous year | -963.0% |
| 2016 | 30.33 % change on previous year | +36.1% |
| 2017 | -2.12 % change on previous year | -107.0% |
| 2018 | -2.43 % change on previous year | +14.6% |
| 2019 | 27.41 % change on previous year | -1229.5% |
| 2020 | -9.66 % change on previous year | -135.3% |
| 2021 | 12.29 % change on previous year | -227.2% |
| 2022 | -15.96 % change on previous year | -229.9% |
| 2023 | 46.08 % change on previous year | -388.6% |
| 2024 | -23.41 % change on previous year | -150.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.1 % change on previous year | 3.78 % change on previous year | 51.13 % change on previous year | 9 |
| 1980s | 4.15 % change on previous year | -14.5 % change on previous year | 24.51 % change on previous year | 10 |
| 1990s | 14.31 % change on previous year | -19.29 % change on previous year | 36.5 % change on previous year | 10 |
| 2000s | -0.965 % change on previous year | -17.85 % change on previous year | 18.11 % change on previous year | 10 |
| 2010s | 11.07 % change on previous year | -2.58 % change on previous year | 30.33 % change on previous year | 10 |
| 2020s | 1.87 % change on previous year | -23.41 % change on previous year | 46.08 % change on previous year | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 9 Suriname 68.2 % change on previous year compare
- 10 Guyana 63.45 % change on previous year compare
- 11 Afghanistan 55.15 % change on previous year compare
- 12 Egypt 53.76 % change on previous year compare
- 13 Morocco 53.74 % change on previous year compare
- 14 Montenegro 53 % change on previous year compare
- 15 Côte d'Ivoire 48.35 % change on previous year 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, total (tds, current us$), annual in Latin America & Caribbean (excluding high income)?
- Debt service on external debt, total (tds, current us$), annual in Latin America & Caribbean (excluding high income) was -23.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), annual recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 51.13 % change on previous year in 1978.
- What is the lowest debt service on external debt, total (tds, current us$), annual recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -23.41 % change on previous year in 2024.
- How does Latin America & Caribbean (excluding high income) rank for debt service on external debt, total (tds, current us$), annual?
- Latin America & Caribbean (excluding high income) ranks 12th out of 12 groups with data for 2024.
- Is debt service on external debt, total (tds, current us$), annual rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 807.0%. 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, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, total 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, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.