Multilateral debt service in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Multilateral debt service was 19.3% in 2024. ▲ Rising
Multilateral debt service in Latin America & Caribbean (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Latin America & Caribbean (excluding high income) recorded 19.3% for multilateral debt service in 2024.
That represents a change of down 15.7% on the previous year and down 2.2% over ten years.
Over the whole period, multilateral debt service in Latin America & Caribbean (excluding high income) peaked at 38.3% in 1993 and was at its lowest, 6.5%, in 1979.
The long-run direction has been consistently rising across the 55 years of available data.
Multilateral debt service in Latin America & Caribbean (excluding high income), year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 15.4% | — |
| 1971 | 16.7% | +8.5% |
| 1972 | 17.3% | +3.4% |
| 1973 | 15.2% | -12.3% |
| 1974 | 14.1% | -6.9% |
| 1975 | 13.2% | -6.7% |
| 1976 | 13.1% | -0.9% |
| 1977 | 11.4% | -13.0% |
| 1978 | 8.2% | -27.6% |
| 1979 | 6.5% | -21.2% |
| 1980 | 8.0% | +23.5% |
| 1981 | 7.5% | -6.4% |
| 1982 | 8.1% | +7.5% |
| 1983 | 14.0% | +73.7% |
| 1984 | 11.7% | -16.5% |
| 1985 | 13.1% | +12.0% |
| 1986 | 18.6% | +42.3% |
| 1987 | 22.8% | +22.2% |
| 1988 | 21.2% | -6.9% |
| 1989 | 24.0% | +13.4% |
| 1990 | 32.2% | +34.0% |
| 1991 | 36.7% | +14.1% |
| 1992 | 29.5% | -19.7% |
| 1993 | 38.3% | +29.7% |
| 1994 | 32.6% | -14.7% |
| 1995 | 23.7% | -27.5% |
| 1996 | 17.6% | -25.6% |
| 1997 | 16.0% | -9.2% |
| 1998 | 17.6% | +9.9% |
| 1999 | 20.5% | +16.4% |
| 2000 | 21.9% | +6.8% |
| 2001 | 18.4% | -16.0% |
| 2002 | 23.3% | +26.9% |
| 2003 | 30.0% | +28.5% |
| 2004 | 24.0% | -20.0% |
| 2005 | 22.6% | -5.7% |
| 2006 | 24.8% | +9.8% |
| 2007 | 20.8% | -16.3% |
| 2008 | 20.6% | -0.9% |
| 2009 | 21.9% | +6.2% |
| 2010 | 21.1% | -3.3% |
| 2011 | 28.3% | +33.9% |
| 2012 | 16.3% | -42.4% |
| 2013 | 23.1% | +41.2% |
| 2014 | 19.7% | -14.4% |
| 2015 | 13.6% | -30.8% |
| 2016 | 12.8% | -5.9% |
| 2017 | 13.0% | +1.0% |
| 2018 | 13.1% | +1.1% |
| 2019 | 11.3% | -13.7% |
| 2020 | 13.1% | +15.6% |
| 2021 | 13.9% | +6.1% |
| 2022 | 17.4% | +25.1% |
| 2023 | 22.9% | +32.0% |
| 2024 | 19.3% | -15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.1% | 6.5% | 17.3% | 10 |
| 1980s | 14.9% | 7.5% | 24.0% | 10 |
| 1990s | 26.5% | 16.0% | 38.3% | 10 |
| 2000s | 22.8% | 18.4% | 30.0% | 10 |
| 2010s | 17.2% | 11.3% | 28.3% | 10 |
| 2020s | 17.3% | 13.1% | 22.9% | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
More external debt data for Latin America & Caribbean (excluding high income)
- IFC, private nonguaranteed 918.17 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.47 NFL, US$ 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$), per square kilometre 79.15 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA 335.91 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5396 NFL, current US$ 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 2.94 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 8.6% (2024)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is multilateral debt service in Latin America & Caribbean (excluding high income)?
- Multilateral debt service in Latin America & Caribbean (excluding high income) was 19.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 38.3% in 1993.
- What is the lowest multilateral debt service recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 6.5% in 1979.
- How does Latin America & Caribbean (excluding high income) rank for multilateral debt service?
- Latin America & Caribbean (excluding high income) ranks 10th out of 12 groups with data for 2024.
- Is multilateral debt service rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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
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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.