Debt service (PPG and IMF only, % of exports of goods, services and) in Colombia
Colombia: Debt service (PPG and IMF only, % of exports of goods, services and) was 22.5% in 2024. ▼ Falling
Debt service (PPG and IMF only, % of exports of goods, services and) in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Colombia recorded 22.5% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
Compared with earlier readings it is up 25.2% on the previous year and up 194.9% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Colombia peaked at 34.1% in 2003 and was at its lowest, 5.9%, in 2013.
Colombia ranks 9th of 118 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 31 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Colombia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 21.2% | — |
| 1971 | 18.2% | -14.1% |
| 1972 | 18.5% | +1.2% |
| 1973 | 16.9% | -8.4% |
| 1974 | 16.0% | -5.6% |
| 1999 | 32.3% | +102.4% |
| 2000 | 20.9% | -35.2% |
| 2001 | 27.8% | +32.8% |
| 2002 | 32.8% | +17.8% |
| 2003 | 34.1% | +4.2% |
| 2004 | 18.4% | -46.1% |
| 2005 | 26.1% | +42.1% |
| 2006 | 16.9% | -35.4% |
| 2007 | 13.0% | -22.9% |
| 2008 | 9.4% | -27.7% |
| 2009 | 9.2% | -2.2% |
| 2010 | 9.1% | -0.9% |
| 2011 | 6.5% | -28.3% |
| 2012 | 6.9% | +5.7% |
| 2013 | 5.9% | -14.2% |
| 2014 | 7.6% | +28.8% |
| 2015 | 9.4% | +23.3% |
| 2016 | 12.2% | +29.9% |
| 2017 | 18.7% | +52.7% |
| 2018 | 17.2% | -7.8% |
| 2019 | 14.5% | -15.7% |
| 2020 | 16.5% | +13.8% |
| 2021 | 23.6% | +42.4% |
| 2022 | 11.1% | -52.8% |
| 2023 | 18.0% | +61.8% |
| 2024 | 22.5% | +25.2% |
Colombia compared with similar countries
- Colombia's 22.5% is above the median for upper middle income countries, which is 7.8%, 2.9× the median. (50 countries reporting)
- Colombia's 22.5% is above the median for Latin America & Caribbean, which is 10.0%, 2.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.2% | 16.0% | 21.2% | 5 |
| 1990s | 32.3% | 32.3% | 32.3% | 1 |
| 2000s | 20.9% | 9.2% | 34.1% | 10 |
| 2010s | 10.8% | 5.9% | 18.7% | 10 |
| 2020s | 18.4% | 11.1% | 23.6% | 5 |
Countries ranked near Colombia
More external debt data for Colombia
- IFC, private nonguaranteed 191.58 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 3.62 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 246.69 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -353,000 NFL, current US$ (2011)
- Net financial flows, IDA (NFL, current US$), per capita -0.0078 NFL, current US$ per person (2011)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2011)
- Net financial flows, IBRD 648.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 18.9% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Colombia?
- Debt service (ppg and imf only, % of exports of goods, services and) in Colombia was 22.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Colombia?
- The highest recorded value was 34.1% in 2003.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Colombia?
- The lowest recorded value was 5.9% in 2013.
- How does Colombia rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Colombia ranks 9th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Colombia?
- Over the last ten years it is up 194.9%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.