Multilateral debt service in Low & middle income
Low & middle income: Multilateral debt service was 21.5% in 2024. ▲ Rising
Multilateral debt service in Low & middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Low & middle income recorded 21.5% for multilateral debt service in 2024.
Compared with earlier readings it is up 10.6% on the previous year and up 11.2% over ten years.
Over the whole period, multilateral debt service in Low & middle income peaked at 27.9% in 2003 and was at its lowest, 8.2%, in 1979.
The long-run direction has been consistently rising across the 55 years of available data.
Multilateral debt service in Low & middle income, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 14.1% | — |
| 1971 | 16.0% | +13.5% |
| 1972 | 15.3% | -4.4% |
| 1973 | 12.6% | -17.2% |
| 1974 | 12.4% | -1.6% |
| 1975 | 12.2% | -2.2% |
| 1976 | 12.5% | +2.9% |
| 1977 | 11.6% | -7.1% |
| 1978 | 9.7% | -16.3% |
| 1979 | 8.2% | -15.8% |
| 1980 | 9.1% | +10.6% |
| 1981 | 8.4% | -6.9% |
| 1982 | 9.2% | +9.1% |
| 1983 | 12.7% | +37.9% |
| 1984 | 12.1% | -5.1% |
| 1985 | 13.0% | +8.1% |
| 1986 | 17.6% | +35.0% |
| 1987 | 21.6% | +22.6% |
| 1988 | 21.1% | -2.4% |
| 1989 | 20.9% | -0.7% |
| 1990 | 23.5% | +12.5% |
| 1991 | 26.8% | +14.2% |
| 1992 | 25.1% | -6.6% |
| 1993 | 27.6% | +10.1% |
| 1994 | 27.5% | -0.4% |
| 1995 | 22.5% | -18.1% |
| 1996 | 20.3% | -9.8% |
| 1997 | 18.9% | -6.9% |
| 1998 | 19.5% | +3.4% |
| 1999 | 21.1% | +8.1% |
| 2000 | 22.6% | +7.1% |
| 2001 | 21.1% | -6.8% |
| 2002 | 27.9% | +32.1% |
| 2003 | 27.9% | +0.2% |
| 2004 | 24.8% | -11.3% |
| 2005 | 20.6% | -16.6% |
| 2006 | 22.7% | +10.0% |
| 2007 | 22.1% | -2.5% |
| 2008 | 21.1% | -4.6% |
| 2009 | 22.8% | +7.9% |
| 2010 | 20.9% | -8.5% |
| 2011 | 25.6% | +22.5% |
| 2012 | 21.9% | -14.1% |
| 2013 | 24.1% | +9.9% |
| 2014 | 19.3% | -20.0% |
| 2015 | 15.1% | -21.7% |
| 2016 | 16.5% | +9.1% |
| 2017 | 17.3% | +5.1% |
| 2018 | 17.4% | +0.4% |
| 2019 | 16.5% | -5.3% |
| 2020 | 16.2% | -1.4% |
| 2021 | 16.1% | -1.1% |
| 2022 | 15.0% | -6.5% |
| 2023 | 19.4% | +29.3% |
| 2024 | 21.5% | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5% | 8.2% | 16.0% | 10 |
| 1980s | 14.6% | 8.4% | 21.6% | 10 |
| 1990s | 23.3% | 18.9% | 27.6% | 10 |
| 2000s | 23.4% | 20.6% | 27.9% | 10 |
| 2010s | 19.5% | 15.1% | 25.6% | 10 |
| 2020s | 17.6% | 15.0% | 21.5% | 5 |
Countries ranked near Low & middle income
- 4 Botswana 99.0% compare
- 5 Republic of Moldova 95.2% compare
- 6 Timor-Leste 93.7% compare
- 7 Liberia 91.7% compare
- 8 Nicaragua 89.4% compare
- 9 Kosovo 83.5% compare
- 9 Kosovo (UNSCR 1244) 83.5% compare
More external debt data for Low & middle income
- IFC, private nonguaranteed 5.69 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.8459 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 60.68 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA 17.24 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0004 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.56 NFL, current US$ per person (2024)
- Net financial flows, IBRD 18.72 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.7% (2024)
Frequently asked questions
- What is multilateral debt service in Low & middle income?
- Multilateral debt service in Low & middle income was 21.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Low & middle income?
- The highest recorded value was 27.9% in 2003.
- What is the lowest multilateral debt service recorded in Low & middle income?
- The lowest recorded value was 8.2% in 1979.
- How does Low & middle income rank for multilateral debt service?
- Low & middle income ranks 7th out of 12 groups with data for 2024.
- Is multilateral debt service rising or falling in Low & middle income?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Low & middle 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.
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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.