Debt service on external debt, total (TDS, current US$), per unit of in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Debt service on external debt, total (TDS, current US$), per unit of was 0.0494 TDS, current US$ per US$ of GDP in 2024. ▲ Rising
Debt service on external debt, total (TDS, current US$), per unit of in Latin America & Caribbean (excluding high income), 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
The most recent figure for debt service on external debt, total (tds, current us$), per unit of in Latin America & Caribbean (excluding high income) is 0.0494 TDS, current US$ per US$ of GDP, measured in 2024.
The figure is down 25.3% on the previous year and up 65.9% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), per unit of in Latin America & Caribbean (excluding high income) peaked at 0.076 TDS, current US$ per US$ of GDP in 1999 and was at its lowest, 0.0243 TDS, current US$ per US$ of GDP, in 2010.
The long-run direction has been consistently rising across the 55 years of available data.
Debt service on external debt, total (TDS, current US$), per unit of in Latin America & Caribbean (excluding high income), year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0294 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0275 TDS, current US$ per US$ of GDP | -6.4% |
| 1972 | 0.028 TDS, current US$ per US$ of GDP | +1.8% |
| 1973 | 0.0279 TDS, current US$ per US$ of GDP | -0.4% |
| 1974 | 0.0273 TDS, current US$ per US$ of GDP | -2.0% |
| 1975 | 0.0292 TDS, current US$ per US$ of GDP | +6.8% |
| 1976 | 0.0301 TDS, current US$ per US$ of GDP | +3.1% |
| 1977 | 0.0348 TDS, current US$ per US$ of GDP | +15.8% |
| 1978 | 0.0438 TDS, current US$ per US$ of GDP | +25.8% |
| 1979 | 0.0515 TDS, current US$ per US$ of GDP | +17.4% |
| 1980 | 0.051 TDS, current US$ per US$ of GDP | -0.9% |
| 1981 | 0.0554 TDS, current US$ per US$ of GDP | +8.6% |
| 1982 | 0.0635 TDS, current US$ per US$ of GDP | +14.7% |
| 1983 | 0.0621 TDS, current US$ per US$ of GDP | -2.3% |
| 1984 | 0.0624 TDS, current US$ per US$ of GDP | +0.5% |
| 1985 | 0.0578 TDS, current US$ per US$ of GDP | -7.4% |
| 1986 | 0.056 TDS, current US$ per US$ of GDP | -3.0% |
| 1987 | 0.0503 TDS, current US$ per US$ of GDP | -10.3% |
| 1988 | 0.0554 TDS, current US$ per US$ of GDP | +10.2% |
| 1989 | 0.0463 TDS, current US$ per US$ of GDP | -16.4% |
| 1990 | 0.0337 TDS, current US$ per US$ of GDP | -27.2% |
| 1991 | 0.034 TDS, current US$ per US$ of GDP | +0.9% |
| 1992 | 0.0374 TDS, current US$ per US$ of GDP | +9.8% |
| 1993 | 0.0368 TDS, current US$ per US$ of GDP | -1.5% |
| 1994 | 0.0322 TDS, current US$ per US$ of GDP | -12.5% |
| 1995 | 0.0383 TDS, current US$ per US$ of GDP | +18.9% |
| 1996 | 0.0482 TDS, current US$ per US$ of GDP | +25.9% |
| 1997 | 0.0528 TDS, current US$ per US$ of GDP | +9.5% |
| 1998 | 0.053 TDS, current US$ per US$ of GDP | +0.5% |
| 1999 | 0.076 TDS, current US$ per US$ of GDP | +43.2% |
| 2000 | 0.0748 TDS, current US$ per US$ of GDP | -1.5% |
| 2001 | 0.0634 TDS, current US$ per US$ of GDP | -15.2% |
| 2002 | 0.0613 TDS, current US$ per US$ of GDP | -3.3% |
| 2003 | 0.0663 TDS, current US$ per US$ of GDP | +8.1% |
| 2004 | 0.0591 TDS, current US$ per US$ of GDP | -10.9% |
| 2005 | 0.0523 TDS, current US$ per US$ of GDP | -11.5% |
| 2006 | 0.0527 TDS, current US$ per US$ of GDP | +0.8% |
| 2007 | 0.0365 TDS, current US$ per US$ of GDP | -30.7% |
| 2008 | 0.0309 TDS, current US$ per US$ of GDP | -15.3% |
| 2009 | 0.0308 TDS, current US$ per US$ of GDP | -0.5% |
| 2010 | 0.0243 TDS, current US$ per US$ of GDP | -21.0% |
| 2011 | 0.0256 TDS, current US$ per US$ of GDP | +5.2% |
| 2012 | 0.0296 TDS, current US$ per US$ of GDP | +15.8% |
| 2013 | 0.0304 TDS, current US$ per US$ of GDP | +2.7% |
| 2014 | 0.0298 TDS, current US$ per US$ of GDP | -2.2% |
| 2015 | 0.0435 TDS, current US$ per US$ of GDP | +46.1% |
| 2016 | 0.0586 TDS, current US$ per US$ of GDP | +34.7% |
| 2017 | 0.0514 TDS, current US$ per US$ of GDP | -12.2% |
| 2018 | 0.0518 TDS, current US$ per US$ of GDP | +0.7% |
| 2019 | 0.0673 TDS, current US$ per US$ of GDP | +30.0% |
| 2020 | 0.0727 TDS, current US$ per US$ of GDP | +8.0% |
| 2021 | 0.0701 TDS, current US$ per US$ of GDP | -3.5% |
| 2022 | 0.051 TDS, current US$ per US$ of GDP | -27.3% |
| 2023 | 0.0661 TDS, current US$ per US$ of GDP | +29.6% |
| 2024 | 0.0494 TDS, current US$ per US$ of GDP | -25.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0329 TDS, current US$ per US$ of GDP | 0.0273 TDS, current US$ per US$ of GDP | 0.0515 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.056 TDS, current US$ per US$ of GDP | 0.0463 TDS, current US$ per US$ of GDP | 0.0635 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0442 TDS, current US$ per US$ of GDP | 0.0322 TDS, current US$ per US$ of GDP | 0.076 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0528 TDS, current US$ per US$ of GDP | 0.0308 TDS, current US$ per US$ of GDP | 0.0748 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0412 TDS, current US$ per US$ of GDP | 0.0243 TDS, current US$ per US$ of GDP | 0.0673 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0619 TDS, current US$ per US$ of GDP | 0.0494 TDS, current US$ per US$ of GDP | 0.0727 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 1 El Salvador 0.3319 TDS, current US$ per US$ of GDP compare
- 2 Mongolia 0.2278 TDS, current US$ per US$ of GDP compare
- 3 Mozambique 0.1995 TDS, current US$ per US$ of GDP compare
- 4 Papua New Guinea 0.191 TDS, current US$ per US$ of GDP compare
- 5 Suriname 0.1861 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, total (tds, current us$), per unit of in Latin America & Caribbean (excluding high income)?
- Debt service on external debt, total (tds, current us$), per unit of in Latin America & Caribbean (excluding high income) was 0.0494 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), per unit of recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 0.076 TDS, current US$ per US$ of GDP in 1999.
- What is the lowest debt service on external debt, total (tds, current us$), per unit of recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.0243 TDS, current US$ per US$ of GDP in 2010.
- How does Latin America & Caribbean (excluding high income) rank for debt service on external debt, total (tds, current us$), per unit of?
- Latin America & Caribbean (excluding high income) ranks 2nd out of 12 groups with data for 2024.
- Is debt service on external debt, total (tds, current us$), per unit of rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 65.9%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, total (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.