Debt service (PPG and IMF only, % of exports of goods, services and) in El Salvador
El Salvador: Debt service (PPG and IMF only, % of exports of goods, services and) was 27.7% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in El Salvador, 1976–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in El Salvador is 27.7%, measured in 2024. That is the highest value across all 41 years on record.
That represents a change of up 51.2% on the previous year and up 113.4% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in El Salvador peaked at 27.7% in 2024 and was at its lowest, 3.7%, in 1980.
That places El Salvador 4th out of 118 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in El Salvador, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 5.2% | — |
| 1977 | 8.5% | +62.7% |
| 1978 | 4.2% | -50.8% |
| 1980 | 3.7% | -11.3% |
| 1981 | 5.6% | +49.7% |
| 1982 | 8.9% | +59.6% |
| 1983 | 18.2% | +104.8% |
| 1984 | 23.2% | +27.4% |
| 1985 | 25.6% | +10.4% |
| 1986 | 24.6% | -3.8% |
| 1987 | 26.2% | +6.2% |
| 1988 | 19.1% | -27.1% |
| 1989 | 15.6% | -18.0% |
| 1990 | 19.1% | +22.0% |
| 1991 | 25.7% | +34.4% |
| 1999 | 10.9% | -57.4% |
| 2000 | 10.0% | -8.5% |
| 2001 | 11.9% | +18.9% |
| 2002 | 14.2% | +19.5% |
| 2003 | 17.5% | +22.8% |
| 2004 | 19.3% | +10.8% |
| 2005 | 15.0% | -22.3% |
| 2006 | 20.5% | +36.4% |
| 2007 | 15.4% | -25.0% |
| 2008 | 14.4% | -6.2% |
| 2009 | 21.8% | +50.8% |
| 2010 | 16.6% | -23.6% |
| 2011 | 16.9% | +1.8% |
| 2012 | 13.9% | -17.7% |
| 2013 | 12.7% | -9.2% |
| 2014 | 13.0% | +2.7% |
| 2015 | 12.8% | -1.6% |
| 2016 | 13.8% | +8.3% |
| 2017 | 13.3% | -4.0% |
| 2018 | 13.2% | -1.0% |
| 2019 | 22.5% | +70.7% |
| 2020 | 16.7% | -25.8% |
| 2021 | 13.0% | -21.8% |
| 2022 | 17.1% | +31.5% |
| 2023 | 18.3% | +7.0% |
| 2024 | 27.7% | +51.2% |
El Salvador compared with similar countries
- El Salvador's 27.7% is above the median for upper middle income countries, which is 7.8%, 3.5× the median. (50 countries reporting)
- El Salvador's 27.7% is above the median for Latin America & Caribbean, which is 10.0%, 2.8× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.0% | 4.2% | 8.5% | 3 |
| 1980s | 17.1% | 3.7% | 26.2% | 10 |
| 1990s | 18.6% | 10.9% | 25.7% | 3 |
| 2000s | 16.0% | 10.0% | 21.8% | 10 |
| 2010s | 14.9% | 12.7% | 22.5% | 10 |
| 2020s | 18.6% | 13.0% | 27.7% | 5 |
Countries ranked near El Salvador
More external debt data for El Salvador
- IFC, private nonguaranteed 29.56 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.66 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -902.82 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 9.4% (2024)
- Net financial flows, IDA -360,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0568 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 43.98 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 25.8% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in El Salvador?
- Debt service (ppg and imf only, % of exports of goods, services and) in El Salvador was 27.7% 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 El Salvador?
- The highest recorded value was 27.7% in 2024.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in El Salvador?
- The lowest recorded value was 3.7% in 1980.
- How does El Salvador rank for debt service (ppg and imf only, % of exports of goods, services and)?
- El Salvador ranks 4th 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 El Salvador?
- Over the last ten years it is up 113.4%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.
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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.