Public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Public and publicly guaranteed debt service was 8.6% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries), 1979–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 8.6% for public and publicly guaranteed debt service in 2024.
The figure is up 24.7% on the previous year and up 49.1% over ten years.
Over the whole period, public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries) peaked at 34.0% in 1979 and was at its lowest, 5.7%, in 2014.
Latin America & the Caribbean (IDA & IBRD countries) ranks 11th of 32 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1979 | 34.0% | — |
| 1983 | 30.7% | -9.7% |
| 1984 | 27.9% | -9.2% |
| 1985 | 30.1% | +7.9% |
| 1986 | 32.8% | +9.0% |
| 1987 | 29.6% | -9.7% |
| 1988 | 31.1% | +5.1% |
| 1989 | 24.2% | -22.4% |
| 1990 | 19.7% | -18.5% |
| 1991 | 20.6% | +4.7% |
| 1992 | 23.7% | +14.9% |
| 1993 | 19.2% | -19.0% |
| 1994 | 19.0% | -1.1% |
| 1995 | 21.2% | +11.5% |
| 1996 | 25.4% | +20.1% |
| 1997 | 25.1% | -1.4% |
| 1998 | 18.5% | -26.1% |
| 1999 | 20.3% | +9.3% |
| 2000 | 19.1% | -5.7% |
| 2001 | 17.8% | -6.8% |
| 2002 | 16.8% | -5.6% |
| 2003 | 16.7% | -0.9% |
| 2004 | 13.6% | -18.5% |
| 2005 | 11.3% | -16.9% |
| 2006 | 14.3% | +27.2% |
| 2007 | 9.4% | -34.1% |
| 2008 | 7.9% | -15.9% |
| 2009 | 8.8% | +11.0% |
| 2010 | 6.9% | -21.5% |
| 2011 | 6.1% | -12.2% |
| 2012 | 6.7% | +10.7% |
| 2013 | 6.3% | -6.0% |
| 2014 | 5.7% | -9.4% |
| 2015 | 9.2% | +59.6% |
| 2016 | 11.0% | +20.0% |
| 2017 | 11.9% | +8.0% |
| 2018 | 10.5% | -11.8% |
| 2019 | 12.3% | +17.4% |
| 2020 | 11.1% | -9.9% |
| 2021 | 9.2% | -17.3% |
| 2022 | 6.0% | -34.4% |
| 2023 | 6.9% | +14.2% |
| 2024 | 8.6% | +24.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.0% | 34.0% | 34.0% | 1 |
| 1980s | 29.5% | 24.2% | 32.8% | 7 |
| 1990s | 21.3% | 18.5% | 25.4% | 10 |
| 2000s | 13.6% | 7.9% | 19.1% | 10 |
| 2010s | 8.7% | 5.7% | 12.3% | 10 |
| 2020s | 8.3% | 6.0% | 11.1% | 5 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More external debt data for Latin America & the Caribbean (IDA & IBRD countries)
- IFC, private nonguaranteed 918.17 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.42 NFL, US$ 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$), per square kilometre 74.56 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA 355.03 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5487 NFL, current US$ 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 10.23 NFL, current US$ per square kilometre (2023)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries)?
- Public and publicly guaranteed debt service in Latin America & the Caribbean (IDA & IBRD countries) was 8.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 34.0% in 1979.
- What is the lowest public and publicly guaranteed debt service recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 5.7% in 2014.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for public and publicly guaranteed debt service?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 11th out of 32 groups with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.