Public and publicly guaranteed debt service in Low & middle income
Low & middle income: Public and publicly guaranteed debt service was 1.2% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Low & middle income, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Low & middle income stood at 1.2%.
Compared with earlier readings it is up 4.3% on the previous year and up 57.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Low & middle income peaked at 3.7% in 1988 and was at its lowest, 0.7%, in 2012.
Low & middle income ranks 23rd of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Public and publicly guaranteed debt service in Low & middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | 2.6% | — |
| 1979 | 3.2% | +21.2% |
| 1980 | 2.8% | -11.2% |
| 1981 | 2.7% | -5.8% |
| 1982 | 2.9% | +10.1% |
| 1983 | 3.0% | +1.5% |
| 1984 | 2.9% | -1.4% |
| 1985 | 3.1% | +3.9% |
| 1986 | 3.2% | +3.4% |
| 1987 | 3.3% | +4.2% |
| 1988 | 3.7% | +12.4% |
| 1989 | 3.3% | -12.0% |
| 1990 | 3.1% | -4.6% |
| 1991 | 3.1% | -0.1% |
| 1992 | 3.2% | +3.3% |
| 1993 | 2.8% | -11.6% |
| 1994 | 2.7% | -4.7% |
| 1995 | 2.9% | +6.9% |
| 1996 | 3.0% | +3.1% |
| 1997 | 2.9% | -2.2% |
| 1998 | 2.7% | -8.9% |
| 1999 | 2.9% | +9.4% |
| 2000 | 2.9% | -1.7% |
| 2001 | 2.7% | -7.0% |
| 2002 | 2.6% | -0.7% |
| 2003 | 2.7% | +0.6% |
| 2004 | 2.1% | -21.1% |
| 2005 | 1.8% | -13.7% |
| 2006 | 1.9% | +3.8% |
| 2007 | 1.3% | -32.0% |
| 2008 | 1.1% | -13.3% |
| 2009 | 1.0% | -13.6% |
| 2010 | 0.8% | -13.8% |
| 2011 | 0.7% | -9.3% |
| 2012 | 0.7% | -3.1% |
| 2013 | 0.7% | +3.5% |
| 2014 | 0.8% | +4.9% |
| 2015 | 1.0% | +28.9% |
| 2016 | 1.0% | -0.5% |
| 2017 | 1.0% | +1.1% |
| 2018 | 1.1% | +3.0% |
| 2019 | 1.1% | +8.6% |
| 2020 | 1.2% | +2.5% |
| 2021 | 1.1% | -8.2% |
| 2022 | 1.1% | +4.3% |
| 2023 | 1.2% | +5.8% |
| 2024 | 1.2% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.9% | 2.6% | 3.2% | 2 |
| 1980s | 3.1% | 2.7% | 3.7% | 10 |
| 1990s | 2.9% | 2.7% | 3.2% | 10 |
| 2000s | 2.0% | 1.0% | 2.9% | 10 |
| 2010s | 0.9% | 0.7% | 1.1% | 10 |
| 2020s | 1.2% | 1.1% | 1.2% | 5 |
Countries ranked near Low & middle income
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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 158.33 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Low & middle income?
- Public and publicly guaranteed debt service in Low & middle income was 1.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Low & middle income?
- The highest recorded value was 3.7% in 1988.
- What is the lowest public and publicly guaranteed debt service recorded in Low & middle income?
- The lowest recorded value was 0.7% in 2012.
- How does Low & middle income rank for public and publicly guaranteed debt service?
- Low & middle income ranks 23rd out of 32 groups with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Low & middle income?
- Over the last ten years it is up 57.2%. The long-run trend across the full record is falling.
- Where does this Low & middle income data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.