Public and publicly guaranteed debt service in El Salvador
El Salvador: Public and publicly guaranteed debt service was 25.8% in 2024. ▲ Rising
Public and publicly guaranteed debt service in El Salvador, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for public and publicly guaranteed debt service in El Salvador is 25.8%, measured in 2024. That is the highest value across all 49 years on record.
That represents a change of up 50.9% on the previous year and up 98.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in El Salvador peaked at 25.8% in 2024 and was at its lowest, 2.9%, in 1979.
That places El Salvador 5th out of 120 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 49 years of available data.
Public and publicly guaranteed debt service in El Salvador, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 4.5% | — |
| 1977 | 6.6% | +48.4% |
| 1978 | 3.7% | -43.9% |
| 1979 | 2.9% | -22.7% |
| 1980 | 3.7% | +28.9% |
| 1981 | 5.5% | +47.4% |
| 1982 | 8.5% | +55.0% |
| 1983 | 17.4% | +106.0% |
| 1984 | 21.8% | +25.1% |
| 1985 | 22.0% | +1.1% |
| 1986 | 18.6% | -15.6% |
| 1987 | 21.1% | +13.5% |
| 1988 | 18.0% | -15.0% |
| 1989 | 15.1% | -15.9% |
| 1990 | 18.6% | +22.9% |
| 1991 | 25.6% | +38.1% |
| 1992 | 22.7% | -11.3% |
| 1993 | 25.0% | +10.2% |
| 1994 | 25.0% | -0.3% |
| 1995 | 16.3% | -34.7% |
| 1996 | 16.7% | +2.6% |
| 1997 | 10.7% | -36.0% |
| 1998 | 16.2% | +51.6% |
| 1999 | 10.9% | -33.0% |
| 2000 | 9.9% | -8.5% |
| 2001 | 11.9% | +19.3% |
| 2002 | 14.2% | +19.6% |
| 2003 | 17.4% | +22.9% |
| 2004 | 19.3% | +10.7% |
| 2005 | 15.0% | -22.3% |
| 2006 | 20.5% | +36.4% |
| 2007 | 15.4% | -25.0% |
| 2008 | 14.4% | -6.1% |
| 2009 | 21.8% | +50.8% |
| 2010 | 16.6% | -23.6% |
| 2011 | 16.9% | +1.8% |
| 2012 | 13.9% | -17.6% |
| 2013 | 12.7% | -9.2% |
| 2014 | 13.0% | +2.7% |
| 2015 | 12.8% | -1.6% |
| 2016 | 13.8% | +8.3% |
| 2017 | 13.3% | -4.0% |
| 2018 | 13.2% | -1.0% |
| 2019 | 22.4% | +70.5% |
| 2020 | 16.6% | -25.9% |
| 2021 | 13.0% | -21.9% |
| 2022 | 17.0% | +31.0% |
| 2023 | 17.1% | +0.7% |
| 2024 | 25.8% | +50.9% |
El Salvador compared with similar countries
- El Salvador's 25.8% is above the median for upper middle income countries, which is 7.4%, 3.5× the median. (51 countries reporting)
- El Salvador's 25.8% is above the median for Latin America & Caribbean, which is 9.7%, 2.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.4% | 2.9% | 6.6% | 4 |
| 1980s | 15.2% | 3.7% | 22.0% | 10 |
| 1990s | 18.8% | 10.7% | 25.6% | 10 |
| 2000s | 16.0% | 9.9% | 21.8% | 10 |
| 2010s | 14.9% | 12.7% | 22.4% | 10 |
| 2020s | 17.9% | 13.0% | 25.8% | 5 |
Countries ranked near El Salvador
More external debt data for El Salvador
- IFC, private nonguaranteed 29.56 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.66 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -902.82 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 9.4% (2024)
- Net financial flows, IDA -360,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0568 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 43.98 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -17.37 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in El Salvador?
- Public and publicly guaranteed debt service in El Salvador was 25.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in El Salvador?
- The highest recorded value was 25.8% in 2024.
- What is the lowest public and publicly guaranteed debt service recorded in El Salvador?
- The lowest recorded value was 2.9% in 1979.
- How does El Salvador rank for public and publicly guaranteed debt service?
- El Salvador ranks 5th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in El Salvador?
- Over the last ten years it is up 98.9%. The long-run trend across the full record is rising.
- Where does this El Salvador data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.