Gross debt, General government, Percent of GDP in Latin America and the Caribbean (LAC)
Latin America and the Caribbean (LAC): Gross debt, General government, Percent of GDP was 73.79 in 2031. ▲ Rising
Gross debt, General government, Percent of GDP in Latin America and the Caribbean (LAC), 2000–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, percent of gdp in Latin America and the Caribbean (LAC) stood at 73.79.
The figure is up 4.8% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Latin America and the Caribbean (LAC) peaked at 76.09 in 2020 and was at its lowest, 44.59, in 2000.
The long-run direction has been consistently rising across the 32 years of available data.
Gross debt, General government, Percent of GDP in Latin America and the Caribbean (LAC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 44.59 | — |
| 2001 | 46.47 | +4.2% |
| 2002 | 56.81 | +22.2% |
| 2003 | 57.43 | +1.1% |
| 2004 | 53.48 | -6.9% |
| 2005 | 49.37 | -7.7% |
| 2006 | 46.68 | -5.5% |
| 2007 | 45.38 | -2.8% |
| 2008 | 45.39 | +0.0% |
| 2009 | 48.36 | +6.5% |
| 2010 | 47.42 | -1.9% |
| 2011 | 47.52 | +0.2% |
| 2012 | 47.63 | +0.2% |
| 2013 | 48.83 | +2.5% |
| 2014 | 50.76 | +4.0% |
| 2015 | 56.63 | +11.6% |
| 2016 | 60.24 | +6.4% |
| 2017 | 62.51 | +3.8% |
| 2018 | 66.15 | +5.8% |
| 2019 | 67.13 | +1.5% |
| 2020 | 76.09 | +13.3% |
| 2021 | 70.38 | -7.5% |
| 2022 | 67.87 | -3.6% |
| 2023 | 73.47 | +8.2% |
| 2024 | 70.03 | -4.7% |
| 2025 | 73.59 | +5.1% |
| 2026 | 72.6 | -1.3% |
| 2027 | 73.48 | +1.2% |
| 2028 | 73.55 | +0.1% |
| 2029 | 73.82 | +0.4% |
| 2030 | 73.83 | +0.0% |
| 2031 | 73.79 | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.4 | 44.59 | 57.43 | 10 |
| 2010s | 55.48 | 47.42 | 67.13 | 10 |
| 2020s | 72.49 | 67.87 | 76.09 | 10 |
| 2030s | 73.81 | 73.79 | 73.83 | 2 |
Countries ranked near Latin America and the Caribbean (LAC)
- 1 Venezuela, Bolivarian Republic of 308.75 compare
- 2 Saint Vincent and the Grenadines 144.68 compare
- 3 United States of America 142.11 compare
- 4 Brazil 106.52 compare
More external debt data for Latin America and the Caribbean (LAC)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Latin America and the Caribbean (LAC)?
- Gross debt, general government, percent of gdp in Latin America and the Caribbean (LAC) was 73.79 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Latin America and the Caribbean (LAC)?
- The highest recorded value was 76.09 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Latin America and the Caribbean (LAC)?
- The lowest recorded value was 44.59 in 2000.
- How does Latin America and the Caribbean (LAC) rank for gross debt, general government, percent of gdp?
- Latin America and the Caribbean (LAC) ranks 1st out of 1 groups with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Latin America and the Caribbean (LAC)?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean (LAC) data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.