Debt service on external debt, total in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Debt service on external debt, total was 309.56 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
309.56 billion TDS, current US$
Change on year
down 23.4%
Rank
6th
of 12 groups
All-time high
404.19 billion TDS, current US$
in 2023
All-time low
4.53 billion TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, total in Latin America & Caribbean (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Latin America & Caribbean (excluding high income) recorded 309.56 billion TDS, current US$ for debt service on external debt, total in 2024.
Compared with earlier readings it is down 23.4% on the previous year and up 84.9% over ten years.
Over the whole period, debt service on external debt, total in Latin America & Caribbean (excluding high income) peaked at 404.19 billion TDS, current US$ in 2023 and was at its lowest, 4.53 billion TDS, current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Latin America & Caribbean (excluding high income), year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 4.53 billion TDS, current US$ | — |
| 1971 | 4.70 billion TDS, current US$ | +3.8% |
| 1972 | 5.42 billion TDS, current US$ | +15.4% |
| 1973 | 7.18 billion TDS, current US$ | +32.4% |
| 1974 | 9.35 billion TDS, current US$ | +30.2% |
| 1975 | 10.75 billion TDS, current US$ | +15.0% |
| 1976 | 12.10 billion TDS, current US$ | +12.6% |
| 1977 | 15.27 billion TDS, current US$ | +26.2% |
| 1978 | 23.07 billion TDS, current US$ | +51.1% |
| 1979 | 30.06 billion TDS, current US$ | +30.3% |
| 1980 | 36.03 billion TDS, current US$ | +19.9% |
| 1981 | 44.86 billion TDS, current US$ | +24.5% |
| 1982 | 47.85 billion TDS, current US$ | +6.7% |
| 1983 | 40.91 billion TDS, current US$ | -14.5% |
| 1984 | 43.32 billion TDS, current US$ | +5.9% |
| 1985 | 39.66 billion TDS, current US$ | -8.5% |
| 1986 | 38.83 billion TDS, current US$ | -2.1% |
| 1987 | 37.26 billion TDS, current US$ | -4.0% |
| 1988 | 45.13 billion TDS, current US$ | +21.1% |
| 1989 | 41.74 billion TDS, current US$ | -7.5% |
| 1990 | 33.69 billion TDS, current US$ | -19.3% |
| 1991 | 36.60 billion TDS, current US$ | +8.7% |
| 1992 | 43.71 billion TDS, current US$ | +19.4% |
| 1993 | 51.47 billion TDS, current US$ | +17.7% |
| 1994 | 52.82 billion TDS, current US$ | +2.6% |
| 1995 | 67.47 billion TDS, current US$ | +27.7% |
| 1996 | 92.10 billion TDS, current US$ | +36.5% |
| 1997 | 110.51 billion TDS, current US$ | +20.0% |
| 1998 | 112.23 billion TDS, current US$ | +1.6% |
| 1999 | 143.86 billion TDS, current US$ | +28.2% |
| 2000 | 157.44 billion TDS, current US$ | +9.4% |
| 2001 | 130.60 billion TDS, current US$ | -17.0% |
| 2002 | 112.48 billion TDS, current US$ | -13.9% |
| 2003 | 123.41 billion TDS, current US$ | +9.7% |
| 2004 | 126.33 billion TDS, current US$ | +2.4% |
| 2005 | 135.74 billion TDS, current US$ | +7.5% |
| 2006 | 160.32 billion TDS, current US$ | +18.1% |
| 2007 | 131.70 billion TDS, current US$ | -17.9% |
| 2008 | 130.46 billion TDS, current US$ | -0.9% |
| 2009 | 121.31 billion TDS, current US$ | -7.0% |
| 2010 | 119.47 billion TDS, current US$ | -1.5% |
| 2011 | 143.14 billion TDS, current US$ | +19.8% |
| 2012 | 166.64 billion TDS, current US$ | +16.4% |
| 2013 | 171.83 billion TDS, current US$ | +3.1% |
| 2014 | 167.39 billion TDS, current US$ | -2.6% |
| 2015 | 204.68 billion TDS, current US$ | +22.3% |
| 2016 | 266.75 billion TDS, current US$ | +30.3% |
| 2017 | 261.10 billion TDS, current US$ | -2.1% |
| 2018 | 254.77 billion TDS, current US$ | -2.4% |
| 2019 | 324.59 billion TDS, current US$ | +27.4% |
| 2020 | 293.23 billion TDS, current US$ | -9.7% |
| 2021 | 329.25 billion TDS, current US$ | +12.3% |
| 2022 | 276.69 billion TDS, current US$ | -16.0% |
| 2023 | 404.19 billion TDS, current US$ | +46.1% |
| 2024 | 309.56 billion TDS, current US$ | -23.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.24 billion TDS, current US$ | 4.53 billion TDS, current US$ | 30.06 billion TDS, current US$ | 10 |
| 1980s | 41.56 billion TDS, current US$ | 36.03 billion TDS, current US$ | 47.85 billion TDS, current US$ | 10 |
| 1990s | 74.45 billion TDS, current US$ | 33.69 billion TDS, current US$ | 143.86 billion TDS, current US$ | 10 |
| 2000s | 132.98 billion TDS, current US$ | 112.48 billion TDS, current US$ | 160.32 billion TDS, current US$ | 10 |
| 2010s | 208.03 billion TDS, current US$ | 119.47 billion TDS, current US$ | 324.59 billion TDS, current US$ | 10 |
| 2020s | 322.59 billion TDS, current US$ | 276.69 billion TDS, current US$ | 404.19 billion TDS, current US$ | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 3 India 91.62 billion TDS, current US$ compare
- 4 Türkiye 89.57 billion TDS, current US$ compare
- 5 Indonesia 76.76 billion TDS, current US$ compare
- 6 Mexico 67.01 billion TDS, current US$ compare
- 7 Russian Federation 56.85 billion TDS, current US$ compare
- 8 Kazakhstan 46.33 billion TDS, current US$ compare
- 9 Argentina 39.48 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$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.47 NFL, US$ per person (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 in Latin America & Caribbean (excluding high income)?
- Debt service on external debt, total in Latin America & Caribbean (excluding high income) was 309.56 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 Latin America & Caribbean (excluding high income)?
- The highest recorded value was 404.19 billion TDS, current US$ in 2023.
- What is the lowest debt service on external debt, total recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 4.53 billion TDS, current US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for debt service on external debt, total?
- Latin America & Caribbean (excluding high income) ranks 6th out of 12 groups with data for 2024.
- Is debt service on external debt, total rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 84.9%. 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, 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.