Debt service on external debt, total in Jamaica
Jamaica: Debt service on external debt, total was 2.45 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
2.45 billion TDS, current US$
Change on year
down 17.7%
World rank
46th
of 122 countries
All-time high
5.52 billion TDS, current US$
in 2019
All-time low
233.82 million TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, total in Jamaica, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, total in Jamaica stood at 2.45 billion TDS, current US$.
Compared with earlier readings it is down 17.7% on the previous year and up 55.6% over ten years.
Over the whole period, debt service on external debt, total in Jamaica peaked at 5.52 billion TDS, current US$ in 2019 and was at its lowest, 233.82 million TDS, current US$, in 1970.
Jamaica ranks 46th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Jamaica, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 233.82 million TDS, current US$ | — |
| 1971 | 239.20 million TDS, current US$ | +2.3% |
| 1972 | 244.87 million TDS, current US$ | +2.4% |
| 1973 | 272.80 million TDS, current US$ | +11.4% |
| 1974 | 315.98 million TDS, current US$ | +15.8% |
| 1975 | 335.71 million TDS, current US$ | +6.2% |
| 1976 | 663.25 million TDS, current US$ | +97.6% |
| 1977 | 286.13 million TDS, current US$ | -56.9% |
| 1978 | 693.28 million TDS, current US$ | +142.3% |
| 1979 | 303.55 million TDS, current US$ | -56.2% |
| 1980 | 281.83 million TDS, current US$ | -7.2% |
| 1981 | 383.97 million TDS, current US$ | +36.2% |
| 1982 | 363.27 million TDS, current US$ | -5.4% |
| 1983 | 398.98 million TDS, current US$ | +9.8% |
| 1984 | 443.39 million TDS, current US$ | +11.1% |
| 1985 | 513.26 million TDS, current US$ | +15.8% |
| 1986 | 677.17 million TDS, current US$ | +31.9% |
| 1987 | 752.02 million TDS, current US$ | +11.1% |
| 1988 | 737.87 million TDS, current US$ | -1.9% |
| 1989 | 643.48 million TDS, current US$ | -12.8% |
| 1990 | 664.26 million TDS, current US$ | +3.2% |
| 1991 | 694.76 million TDS, current US$ | +4.6% |
| 1992 | 684.90 million TDS, current US$ | -1.4% |
| 1993 | 539.51 million TDS, current US$ | -21.2% |
| 1994 | 586.53 million TDS, current US$ | +8.7% |
| 1995 | 670.01 million TDS, current US$ | +14.2% |
| 1996 | 659.38 million TDS, current US$ | -1.6% |
| 1997 | 630.98 million TDS, current US$ | -4.3% |
| 1998 | 492.37 million TDS, current US$ | -22.0% |
| 1999 | 606.53 million TDS, current US$ | +23.2% |
| 2000 | 709.72 million TDS, current US$ | +17.0% |
| 2001 | 746.32 million TDS, current US$ | +5.2% |
| 2002 | 854.04 million TDS, current US$ | +14.4% |
| 2003 | 842.20 million TDS, current US$ | -1.4% |
| 2004 | 857.54 million TDS, current US$ | +1.8% |
| 2005 | 971.11 million TDS, current US$ | +13.2% |
| 2006 | 832.48 million TDS, current US$ | -14.3% |
| 2007 | 1.30 billion TDS, current US$ | +56.4% |
| 2008 | 1.18 billion TDS, current US$ | -9.5% |
| 2009 | 1.49 billion TDS, current US$ | +26.8% |
| 2010 | 1.19 billion TDS, current US$ | -20.2% |
| 2011 | 1.65 billion TDS, current US$ | +38.6% |
| 2012 | 1.81 billion TDS, current US$ | +9.5% |
| 2013 | 1.21 billion TDS, current US$ | -33.0% |
| 2014 | 1.57 billion TDS, current US$ | +30.1% |
| 2015 | 4.07 billion TDS, current US$ | +158.2% |
| 2016 | 1.90 billion TDS, current US$ | -53.3% |
| 2017 | 1.40 billion TDS, current US$ | -26.3% |
| 2018 | 1.47 billion TDS, current US$ | +4.7% |
| 2019 | 5.52 billion TDS, current US$ | +276.5% |
| 2020 | 1.84 billion TDS, current US$ | -66.7% |
| 2021 | 1.39 billion TDS, current US$ | -24.4% |
| 2022 | 1.56 billion TDS, current US$ | +11.8% |
| 2023 | 2.98 billion TDS, current US$ | +91.5% |
| 2024 | 2.45 billion TDS, current US$ | -17.7% |
Jamaica compared with similar countries
- Jamaica's 2.45 billion TDS, current US$ is above the median for upper middle income countries, which is 2.21 billion TDS, current US$, 1.1× the median. (52 countries reporting)
- Jamaica's 2.45 billion TDS, current US$ is above the median for Latin America & Caribbean, which is 1.90 billion TDS, current US$, 1.3× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +276.5% | 1.47 billion TDS, current US$ | 5.52 billion TDS, current US$ |
| 2015 | +158.2% | 1.57 billion TDS, current US$ | 4.07 billion TDS, current US$ |
| 1978 | +142.3% | 286.13 million TDS, current US$ | 693.28 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 358.86 million TDS, current US$ | 233.82 million TDS, current US$ | 693.28 million TDS, current US$ | 10 |
| 1980s | 519.52 million TDS, current US$ | 281.83 million TDS, current US$ | 752.02 million TDS, current US$ | 10 |
| 1990s | 622.92 million TDS, current US$ | 492.37 million TDS, current US$ | 694.76 million TDS, current US$ | 10 |
| 2000s | 978.68 million TDS, current US$ | 709.72 million TDS, current US$ | 1.49 billion TDS, current US$ | 10 |
| 2010s | 2.18 billion TDS, current US$ | 1.19 billion TDS, current US$ | 5.52 billion TDS, current US$ | 10 |
| 2020s | 2.04 billion TDS, current US$ | 1.39 billion TDS, current US$ | 2.98 billion TDS, current US$ | 5 |
Countries ranked near Jamaica
More external debt data for Jamaica
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -3,693 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.2% (2024)
- Net financial flows, IBRD -21.88 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 14.6% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 49.66 % change on previous year (2024)
- Other investment, Debt instruments 3.86 billion US dollar (2025)
- Use of IMF credit 1.74 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, total in Jamaica?
- Debt service on external debt, total in Jamaica was 2.45 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Jamaica?
- The highest recorded value was 5.52 billion TDS, current US$ in 2019.
- What is the lowest debt service on external debt, total recorded in Jamaica?
- The lowest recorded value was 233.82 million TDS, current US$ in 1970.
- How does Jamaica rank for debt service on external debt, total?
- Jamaica ranks 46th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Jamaica?
- Over the last ten years it is up 55.6%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.