Debt service (PPG and IMF only, % of exports of goods, services and) in Upper middle income
Upper middle income: Debt service (PPG and IMF only, % of exports of goods, services and) was 4.5% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Upper 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 Upper middle income is 4.5%, measured in 2024.
The figure is down 5.9% on the previous year and up 52.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Upper middle income peaked at 28.4% in 1986 and was at its lowest, 2.7%, in 2011.
Upper middle income ranks 27th of 32 groups on this measure, in the bottom quarter.
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 Upper middle income, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 28.4% | — |
| 1987 | 25.7% | -9.7% |
| 1988 | 26.0% | +1.5% |
| 1989 | 23.8% | -8.6% |
| 1990 | 21.4% | -9.9% |
| 1991 | 19.6% | -8.8% |
| 1998 | 14.5% | -25.6% |
| 1999 | 15.6% | +7.0% |
| 2000 | 14.4% | -7.4% |
| 2001 | 13.1% | -9.2% |
| 2002 | 13.1% | +0.2% |
| 2003 | 11.2% | -14.6% |
| 2004 | 8.1% | -27.8% |
| 2005 | 7.6% | -5.9% |
| 2006 | 7.3% | -3.7% |
| 2007 | 4.1% | -44.5% |
| 2008 | 3.5% | -15.1% |
| 2009 | 3.7% | +6.7% |
| 2010 | 3.2% | -14.5% |
| 2011 | 2.7% | -13.1% |
| 2012 | 2.8% | +1.8% |
| 2013 | 2.9% | +3.9% |
| 2014 | 2.9% | +1.6% |
| 2015 | 4.2% | +42.4% |
| 2016 | 3.9% | -6.5% |
| 2017 | 4.1% | +3.8% |
| 2018 | 4.0% | -2.7% |
| 2019 | 4.5% | +14.2% |
| 2020 | 4.6% | +2.8% |
| 2021 | 4.0% | -13.7% |
| 2022 | 4.2% | +5.0% |
| 2023 | 4.8% | +13.0% |
| 2024 | 4.5% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.0% | 23.8% | 28.4% | 4 |
| 1990s | 17.8% | 14.5% | 21.4% | 4 |
| 2000s | 8.6% | 3.5% | 14.4% | 10 |
| 2010s | 3.5% | 2.7% | 4.5% | 10 |
| 2020s | 4.4% | 4.0% | 4.8% | 5 |
Countries ranked near Upper middle income
More external debt data for Upper middle income
- IFC, private nonguaranteed 2.29 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.7477 NFL, US$ 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$), per square kilometre 82.27 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2024)
- Net financial flows, IDA 4.40 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 1.43 NFL, current US$ 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 8.40 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.2% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Upper middle income?
- Debt service (ppg and imf only, % of exports of goods, services and) in Upper middle income was 4.5% 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 Upper middle income?
- The highest recorded value was 28.4% in 1986.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Upper middle income?
- The lowest recorded value was 2.7% in 2011.
- How does Upper middle income rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Upper middle income ranks 27th 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 Upper middle income?
- Over the last ten years it is up 52.0%. The long-run trend across the full record is volatile.
- Where does this Upper 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.