Debt service (PPG and IMF only, % of exports of goods, services and) in Lower middle income
Lower middle income: Debt service (PPG and IMF only, % of exports of goods, services and) was 8.9% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Lower middle income, 1986–2024
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 Lower middle income is 8.9%, measured in 2024.
Compared with earlier readings it is up 18.6% on the previous year and up 85.2% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Lower middle income peaked at 29.6% in 1986 and was at its lowest, 3.3%, in 2011.
That places Lower middle income 16th out of 32 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Lower middle income, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 29.6% | — |
| 1987 | 26.8% | -9.5% |
| 1988 | 26.3% | -1.9% |
| 1989 | 25.5% | -2.8% |
| 1991 | 24.1% | -5.8% |
| 1992 | 24.1% | +0.1% |
| 1993 | 22.6% | -6.3% |
| 1994 | 25.3% | +12.1% |
| 1995 | 24.3% | -4.0% |
| 1996 | 21.5% | -11.5% |
| 1997 | 20.7% | -3.7% |
| 1999 | 14.9% | -28.1% |
| 2000 | 14.0% | -5.9% |
| 2001 | 13.4% | -4.6% |
| 2002 | 14.4% | +7.7% |
| 2003 | 15.5% | +8.0% |
| 2004 | 9.9% | -36.0% |
| 2005 | 10.3% | +3.1% |
| 2006 | 6.7% | -34.4% |
| 2007 | 5.5% | -18.2% |
| 2008 | 4.7% | -15.2% |
| 2009 | 4.6% | -1.4% |
| 2010 | 3.5% | -23.9% |
| 2011 | 3.3% | -5.1% |
| 2012 | 3.6% | +7.0% |
| 2013 | 4.3% | +19.6% |
| 2014 | 4.8% | +12.8% |
| 2015 | 5.1% | +7.0% |
| 2016 | 7.3% | +42.3% |
| 2017 | 6.0% | -17.8% |
| 2018 | 6.8% | +13.9% |
| 2019 | 7.0% | +2.7% |
| 2020 | 9.0% | +27.8% |
| 2021 | 7.3% | -18.6% |
| 2022 | 6.4% | -12.0% |
| 2023 | 7.5% | +16.5% |
| 2024 | 8.9% | +18.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.1% | 25.5% | 29.6% | 4 |
| 1990s | 22.2% | 14.9% | 25.3% | 8 |
| 2000s | 9.9% | 4.6% | 15.5% | 10 |
| 2010s | 5.2% | 3.3% | 7.3% | 10 |
| 2020s | 7.8% | 6.4% | 9.0% | 5 |
Countries ranked near Lower middle income
More external debt data for Lower middle income
- IFC, private nonguaranteed 3.01 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.04 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 48.04 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA 9.00 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 3.1 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0013 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 10.32 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Lower middle income?
- Debt service (ppg and imf only, % of exports of goods, services and) in Lower middle income was 8.9% 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 Lower middle income?
- The highest recorded value was 29.6% in 1986.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Lower middle income?
- The lowest recorded value was 3.3% in 2011.
- How does Lower middle income rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Lower middle income ranks 16th out of 32 groups with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Lower middle income?
- Over the last ten years it is up 85.2%. The long-run trend across the full record is volatile.
- Where does this Lower middle income 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.