Debt service on external debt, total (TDS, current US$) in Low & middle income
Low & middle income: Debt service on external debt, total (TDS, current US$) was 1.29 trillion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
1.29 trillion TDS, current US$
Change on year
down 9.7%
Rank
1st
of 12 groups
All-time high
1.43 trillion TDS, current US$
in 2023
All-time low
8.55 billion TDS, current US$
in 1971
Years of data
55
1970–2024
Debt service on external debt, total in Low & middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in Low & middle income is 1.29 trillion TDS, current US$, measured in 2024.
The figure is down 9.7% on the previous year and up 92.8% over ten years.
Over the whole period, debt service on external debt, total in Low & middle income peaked at 1.43 trillion TDS, current US$ in 2023 and was at its lowest, 8.55 billion TDS, current US$, in 1971.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total (TDS, current US$) in Low & middle income, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 8.77 billion TDS, current US$ | — |
| 1971 | 8.55 billion TDS, current US$ | -2.6% |
| 1972 | 10.28 billion TDS, current US$ | +20.2% |
| 1973 | 13.59 billion TDS, current US$ | +32.3% |
| 1974 | 16.39 billion TDS, current US$ | +20.6% |
| 1975 | 18.88 billion TDS, current US$ | +15.2% |
| 1976 | 21.90 billion TDS, current US$ | +16.0% |
| 1977 | 28.01 billion TDS, current US$ | +27.9% |
| 1978 | 40.35 billion TDS, current US$ | +44.1% |
| 1979 | 52.30 billion TDS, current US$ | +29.6% |
| 1980 | 67.83 billion TDS, current US$ | +29.7% |
| 1981 | 81.64 billion TDS, current US$ | +20.4% |
| 1982 | 88.53 billion TDS, current US$ | +8.4% |
| 1983 | 83.33 billion TDS, current US$ | -5.9% |
| 1984 | 90.92 billion TDS, current US$ | +9.1% |
| 1985 | 90.55 billion TDS, current US$ | -0.4% |
| 1986 | 92.98 billion TDS, current US$ | +2.7% |
| 1987 | 94.05 billion TDS, current US$ | +1.1% |
| 1988 | 110.92 billion TDS, current US$ | +17.9% |
| 1989 | 110.98 billion TDS, current US$ | +0.1% |
| 1990 | 112.20 billion TDS, current US$ | +1.1% |
| 1991 | 116.18 billion TDS, current US$ | +3.5% |
| 1992 | 126.07 billion TDS, current US$ | +8.5% |
| 1993 | 135.10 billion TDS, current US$ | +7.2% |
| 1994 | 147.21 billion TDS, current US$ | +9.0% |
| 1995 | 179.21 billion TDS, current US$ | +21.7% |
| 1996 | 209.85 billion TDS, current US$ | +17.1% |
| 1997 | 234.97 billion TDS, current US$ | +12.0% |
| 1998 | 233.70 billion TDS, current US$ | -0.5% |
| 1999 | 283.44 billion TDS, current US$ | +21.3% |
| 2000 | 300.62 billion TDS, current US$ | +6.1% |
| 2001 | 278.98 billion TDS, current US$ | -7.2% |
| 2002 | 281.08 billion TDS, current US$ | +0.8% |
| 2003 | 311.13 billion TDS, current US$ | +10.7% |
| 2004 | 304.88 billion TDS, current US$ | -2.0% |
| 2005 | 350.39 billion TDS, current US$ | +14.9% |
| 2006 | 396.31 billion TDS, current US$ | +13.1% |
| 2007 | 402.60 billion TDS, current US$ | +1.6% |
| 2008 | 414.11 billion TDS, current US$ | +2.9% |
| 2009 | 400.32 billion TDS, current US$ | -3.3% |
| 2010 | 442.04 billion TDS, current US$ | +10.4% |
| 2011 | 484.00 billion TDS, current US$ | +9.5% |
| 2012 | 530.16 billion TDS, current US$ | +9.5% |
| 2013 | 590.35 billion TDS, current US$ | +11.4% |
| 2014 | 670.52 billion TDS, current US$ | +13.6% |
| 2015 | 726.86 billion TDS, current US$ | +8.4% |
| 2016 | 846.04 billion TDS, current US$ | +16.4% |
| 2017 | 882.30 billion TDS, current US$ | +4.3% |
| 2018 | 966.74 billion TDS, current US$ | +9.6% |
| 2019 | 1.12 trillion TDS, current US$ | +15.4% |
| 2020 | 1.06 trillion TDS, current US$ | -4.5% |
| 2021 | 1.15 trillion TDS, current US$ | +7.8% |
| 2022 | 1.27 trillion TDS, current US$ | +10.4% |
| 2023 | 1.43 trillion TDS, current US$ | +13.0% |
| 2024 | 1.29 trillion TDS, current US$ | -9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.90 billion TDS, current US$ | 8.55 billion TDS, current US$ | 52.30 billion TDS, current US$ | 10 |
| 1980s | 91.17 billion TDS, current US$ | 67.83 billion TDS, current US$ | 110.98 billion TDS, current US$ | 10 |
| 1990s | 177.79 billion TDS, current US$ | 112.20 billion TDS, current US$ | 283.44 billion TDS, current US$ | 10 |
| 2000s | 344.04 billion TDS, current US$ | 278.98 billion TDS, current US$ | 414.11 billion TDS, current US$ | 10 |
| 2010s | 725.44 billion TDS, current US$ | 442.04 billion TDS, current US$ | 1.12 trillion TDS, current US$ | 10 |
| 2020s | 1.24 trillion TDS, current US$ | 1.06 trillion TDS, current US$ | 1.43 trillion TDS, current US$ | 5 |
Countries ranked near Low & middle income
More external debt data for Low & middle income
- Net financial flows, IBRD 9.78 billion NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 0.8459 NFL, US$ 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$), per square kilometre 60.68 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita 2.56 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0004 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 158.33 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 400.40 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 3.87 trillion DOD, current US$ (2025)
- External debt stocks, long-term 6.62 trillion DOD, current US$ (2025)
Frequently asked questions
- What is debt service on external debt, total in Low & middle income?
- Debt service on external debt, total in Low & middle income was 1.29 trillion 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 Low & middle income?
- The highest recorded value was 1.43 trillion TDS, current US$ in 2023.
- What is the lowest debt service on external debt, total recorded in Low & middle income?
- The lowest recorded value was 8.55 billion TDS, current US$ in 1971.
- How does Low & middle income rank for debt service on external debt, total?
- Low & middle income ranks 1st out of 12 groups with data for 2024.
- Is debt service on external debt, total rising or falling in Low & middle income?
- Over the last ten years it is up 92.8%. The long-run trend across the full record is volatile.
- Where does this Low & middle 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.
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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.