Multilateral debt service in Colombia
Colombia: Multilateral debt service was 15.9% in 2024. ▼ Falling
Multilateral debt service in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Colombia stood at 15.9%.
Compared with earlier readings it is down 5.9% on the previous year and down 55.6% over ten years.
Over the whole period, multilateral debt service in Colombia peaked at 52.4% in 1994 and was at its lowest, 15.0%, in 2021.
That places Colombia 105th out of 123 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Multilateral debt service in Colombia, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 36.4% | — |
| 1971 | 41.7% | +14.7% |
| 1972 | 43.2% | +3.5% |
| 1973 | 40.8% | -5.5% |
| 1974 | 33.9% | -17.0% |
| 1975 | 43.8% | +29.1% |
| 1976 | 41.7% | -4.9% |
| 1977 | 41.8% | +0.3% |
| 1978 | 40.9% | -2.1% |
| 1979 | 27.3% | -33.2% |
| 1980 | 36.7% | +34.2% |
| 1981 | 32.3% | -11.8% |
| 1982 | 30.5% | -5.6% |
| 1983 | 34.1% | +11.7% |
| 1984 | 32.5% | -4.6% |
| 1985 | 31.3% | -3.6% |
| 1986 | 35.2% | +12.5% |
| 1987 | 34.3% | -2.8% |
| 1988 | 32.9% | -4.0% |
| 1989 | 30.5% | -7.2% |
| 1990 | 32.9% | +7.7% |
| 1991 | 35.7% | +8.7% |
| 1992 | 37.2% | +4.0% |
| 1993 | 49.4% | +32.8% |
| 1994 | 52.4% | +6.2% |
| 1995 | 32.9% | -37.2% |
| 1996 | 34.4% | +4.4% |
| 1997 | 42.3% | +23.1% |
| 1998 | 25.3% | -40.2% |
| 1999 | 21.3% | -15.7% |
| 2000 | 26.3% | +23.4% |
| 2001 | 20.4% | -22.5% |
| 2002 | 26.9% | +32.0% |
| 2003 | 29.1% | +8.0% |
| 2004 | 38.8% | +33.4% |
| 2005 | 39.0% | +0.4% |
| 2006 | 30.4% | -21.9% |
| 2007 | 39.6% | +30.2% |
| 2008 | 32.3% | -18.5% |
| 2009 | 37.0% | +14.7% |
| 2010 | 35.7% | -3.5% |
| 2011 | 36.1% | +1.1% |
| 2012 | 30.4% | -15.8% |
| 2013 | 36.1% | +18.9% |
| 2014 | 35.9% | -0.7% |
| 2015 | 36.2% | +0.9% |
| 2016 | 31.6% | -12.7% |
| 2017 | 16.5% | -47.8% |
| 2018 | 17.8% | +8.0% |
| 2019 | 23.7% | +33.0% |
| 2020 | 24.8% | +4.7% |
| 2021 | 15.0% | -39.4% |
| 2022 | 19.8% | +31.3% |
| 2023 | 16.9% | -14.2% |
| 2024 | 15.9% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.1% | 27.3% | 43.8% | 10 |
| 1980s | 33.0% | 30.5% | 36.7% | 10 |
| 1990s | 36.4% | 21.3% | 52.4% | 10 |
| 2000s | 32.0% | 20.4% | 39.6% | 10 |
| 2010s | 30.0% | 16.5% | 36.2% | 10 |
| 2020s | 18.5% | 15.0% | 24.8% | 5 |
Countries ranked near Colombia
- 102 Mozambique 18.1% compare
- 103 Iraq 17.4% compare
- 104 Lao People's Democratic Republic 16.9% compare
- 106 Turkmenistan 15.6% compare
- 107 Côte d'Ivoire 15.2% compare
- 108 Bulgaria 14.9% compare
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 multilateral debt service in Colombia?
- Multilateral debt service in Colombia was 15.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Colombia?
- The highest recorded value was 52.4% in 1994.
- What is the lowest multilateral debt service recorded in Colombia?
- The lowest recorded value was 15.0% in 2021.
- How does Colombia rank for multilateral debt service?
- Colombia ranks 105th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Colombia?
- Over the last ten years it is down 55.6%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.