Multilateral debt service in Upper middle income
Upper middle income: Multilateral debt service was 15.9% in 2024. ▲ Rising
Multilateral debt service in Upper middle income, 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 Upper middle income stood at 15.9%.
The figure is up 14.8% on the previous year and down 6.3% over ten years.
Over the whole period, multilateral debt service in Upper middle income peaked at 26.4% in 2003 and was at its lowest, 6.6%, in 1979.
The long-run direction has been consistently rising across the 55 years of available data.
Multilateral debt service in Upper middle income, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 15.8% | — |
| 1971 | 16.9% | +7.3% |
| 1972 | 16.5% | -2.4% |
| 1973 | 13.5% | -18.5% |
| 1974 | 11.8% | -12.1% |
| 1975 | 11.8% | -0.6% |
| 1976 | 11.6% | -1.5% |
| 1977 | 10.4% | -10.2% |
| 1978 | 8.1% | -21.9% |
| 1979 | 6.6% | -18.8% |
| 1980 | 7.8% | +17.9% |
| 1981 | 7.2% | -7.4% |
| 1982 | 7.9% | +9.6% |
| 1983 | 12.3% | +55.4% |
| 1984 | 11.0% | -10.4% |
| 1985 | 12.0% | +9.0% |
| 1986 | 16.1% | +34.5% |
| 1987 | 19.6% | +21.7% |
| 1988 | 19.2% | -1.9% |
| 1989 | 19.4% | +0.7% |
| 1990 | 22.3% | +15.1% |
| 1991 | 24.5% | +10.0% |
| 1992 | 22.9% | -6.5% |
| 1993 | 25.4% | +10.6% |
| 1994 | 25.2% | -0.5% |
| 1995 | 18.9% | -25.1% |
| 1996 | 17.1% | -9.7% |
| 1997 | 15.1% | -11.7% |
| 1998 | 16.0% | +6.2% |
| 1999 | 17.8% | +11.2% |
| 2000 | 20.5% | +15.5% |
| 2001 | 19.1% | -6.8% |
| 2002 | 24.5% | +28.2% |
| 2003 | 26.4% | +7.5% |
| 2004 | 23.2% | -12.1% |
| 2005 | 21.5% | -7.4% |
| 2006 | 22.6% | +5.1% |
| 2007 | 20.1% | -10.8% |
| 2008 | 18.8% | -6.5% |
| 2009 | 20.4% | +8.3% |
| 2010 | 18.7% | -8.1% |
| 2011 | 24.9% | +33.0% |
| 2012 | 18.8% | -24.6% |
| 2013 | 22.2% | +18.1% |
| 2014 | 17.0% | -23.3% |
| 2015 | 11.9% | -29.7% |
| 2016 | 14.7% | +23.4% |
| 2017 | 15.1% | +2.6% |
| 2018 | 14.7% | -3.1% |
| 2019 | 13.3% | -9.4% |
| 2020 | 12.9% | -2.7% |
| 2021 | 11.7% | -9.3% |
| 2022 | 10.5% | -10.4% |
| 2023 | 13.9% | +32.1% |
| 2024 | 15.9% | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.3% | 6.6% | 16.9% | 10 |
| 1980s | 13.2% | 7.2% | 19.6% | 10 |
| 1990s | 20.5% | 15.1% | 25.4% | 10 |
| 2000s | 21.7% | 18.8% | 26.4% | 10 |
| 2010s | 17.1% | 11.9% | 24.9% | 10 |
| 2020s | 13.0% | 10.5% | 15.9% | 5 |
Countries ranked near Upper middle income
- 8 Nicaragua 89.4% compare
- 9 Kosovo 83.5% compare
- 9 Kosovo (UNSCR 1244) 83.5% compare
- 11 Ukraine 83.3% compare
- 12 Sao Tome and Principe 82.3% compare
- 13 Nepal 80.4% compare
- 14 Bosnia and Herzegovina 78.4% compare
More external debt data for Upper middle income
- IFC, private nonguaranteed 2.29 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$), per capita 0.7477 NFL, US$ per person (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$), per unit of GDP 0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per capita 1.43 NFL, current US$ per person (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 multilateral debt service in Upper middle income?
- Multilateral debt service in Upper middle income was 15.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Upper middle income?
- The highest recorded value was 26.4% in 2003.
- What is the lowest multilateral debt service recorded in Upper middle income?
- The lowest recorded value was 6.6% in 1979.
- How does Upper middle income rank for multilateral debt service?
- Upper middle income ranks 11th out of 12 groups with data for 2024.
- Is multilateral debt service rising or falling in Upper middle income?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is rising.
- Where does this Upper 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.