Primary net lending (+) / net borrowing (-), General government in Latin America and the Caribbean (LAC)

Latin America and the Caribbean (LAC): Primary net lending (+) / net borrowing (-), General government was 1.18 in 2031. ◆ Volatile

Latest (2031)
1.18
Change on year
up 2.7%
Rank
1st
of 1 groups
All-time high
2.93
in 2005
All-time low
-4.76
in 2020
Years of data
31
2001–2031

Primary net lending (+) / net borrowing (-), General government in Latin America and the Caribbean (LAC), 2001–2031

-4-2022001201620312001: 1.12002: 1.42003: 1.92004: 2.72005: 2.92006: 1.92007: 2.32008: 2.22009: -0.7032010: 0.1122011: 0.7542012: 0.2932013: -0.2712014: -1.62015: -1.72016: -1.82017: -1.22018: -1.12019: -0.0342020: -4.82021: -0.4862022: 0.2952023: -0.792024: -0.2432025: -0.2752026: 0.1062027: 0.4662028: 0.9072029: 1.12030: 1.12031: 1.2

Source: International Monetary Fund.

Analysis

In 2031, primary net lending (+) / net borrowing (-), general government in Latin America and the Caribbean (LAC) stood at 1.18.

The figure is up 2.7% on the previous year and up 342.3% over ten years.

Over the whole period, primary net lending (+) / net borrowing (-), general government in Latin America and the Caribbean (LAC) peaked at 2.93 in 2005 and was at its lowest, -4.76, in 2020.

The series is highly variable year to year, so single readings are best treated with caution.

Primary net lending (+) / net borrowing (-), General government in Latin America and the Caribbean (LAC), year by year

Annual values for Primary net lending (+) / net borrowing (-), General government, Percent of GDP in Latin America and the Caribbean (LAC), 2001 to 2031.
Year Value Change
2001 1.11
2002 1.44 +29.2%
2003 1.86 +29.4%
2004 2.71 +45.6%
2005 2.93 +8.1%
2006 1.95 -33.6%
2007 2.27 +16.6%
2008 2.24 -1.2%
2009 -0.7028 -131.3%
2010 0.1117 -115.9%
2011 0.7541 +575.2%
2012 0.2935 -61.1%
2013 -0.2711 -192.4%
2014 -1.6 +491.1%
2015 -1.71 +6.7%
2016 -1.84 +7.9%
2017 -1.24 -32.7%
2018 -1.11 -10.9%
2019 -0.0337 -97.0%
2020 -4.76 +14029.8%
2021 -0.4864 -89.8%
2022 0.2945 -160.6%
2023 -0.7899 -368.2%
2024 -0.2427 -69.3%
2025 -0.2751 +13.3%
2026 0.106 -138.6%
2027 0.4661 +339.5%
2028 0.9074 +94.7%
2029 1.09 +20.5%
2030 1.15 +5.0%
2031 1.18 +2.7%

Biggest year-on-year movements

Years where Primary net lending (+) / net borrowing (-), General government in Latin America and the Caribbean (LAC) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -14029.8% -0.0337 -4.76
2011 +575.2% 0.1117 0.7541
2014 -491.1% -0.2711 -1.6

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.76 -0.7028 2.93 9
2010s -0.665 -1.84 0.7541 10
2020s -0.3692 -4.76 1.09 10
2030s 1.16 1.15 1.18 2

Countries ranked near Latin America and the Caribbean (LAC)

  1. 1 Suriname 5.18 compare
  2. 2 Barbados 4.15 compare
  3. 3 Aruba 3.92 compare
  4. 4 El Salvador 3.73 compare

See the full ranking of 37 places →

More external debt data for Latin America and the Caribbean (LAC)

All data for Latin America and the Caribbean (LAC) →

Frequently asked questions

What is primary net lending (+) / net borrowing (-), general government in Latin America and the Caribbean (LAC)?
Primary net lending (+) / net borrowing (-), general government in Latin America and the Caribbean (LAC) was 1.18 in 2031, according to International Monetary Fund.
What is the highest primary net lending (+) / net borrowing (-), general government recorded in Latin America and the Caribbean (LAC)?
The highest recorded value was 2.93 in 2005.
What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Latin America and the Caribbean (LAC)?
The lowest recorded value was -4.76 in 2020.
How does Latin America and the Caribbean (LAC) rank for primary net lending (+) / net borrowing (-), general government?
Latin America and the Caribbean (LAC) ranks 1st out of 1 groups with data for 2031.
Is primary net lending (+) / net borrowing (-), general government rising or falling in Latin America and the Caribbean (LAC)?
Over the last ten years it is up 342.3%. The long-run trend across the full record is volatile.
Where does this Latin America and the Caribbean (LAC) data come from?
The figures come from International Monetary Fund, published as part of Primary net lending (+) / net borrowing (-), General government, Percent of GDP. Statizoid updates them automatically from the source API.

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Primary net lending (+) / net borrowing (-), General government in Latin America and the Caribbean (LAC). Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://debt.statizoid.com/stat/primary-net-lending-net-borrowing-general-government-percent-of-gdp-2/latin-america-and-the-caribbean-lac/

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About this data

Indicator
Primary net lending (+) / net borrowing (-), General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
37 places, 1,439 data points, 1980–2031
Last refreshed

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.