Public and publicly guaranteed debt service in Low income
Low income: Public and publicly guaranteed debt service was 1.1% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Low income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Low income is 1.1%, measured in 2024.
That represents a change of down 4.9% on the previous year and up 24.0% over ten years.
Over the whole period, public and publicly guaranteed debt service in Low income peaked at 2.3% in 1986 and was at its lowest, 0.6%, in 2012.
Low income ranks 26th of 32 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Public and publicly guaranteed debt service in Low income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.3% | — |
| 1971 | 1.2% | -2.8% |
| 1972 | 1.3% | +8.3% |
| 1973 | 1.4% | +7.3% |
| 1974 | 1.5% | +7.5% |
| 1975 | 1.4% | -7.3% |
| 1976 | 0.9% | -33.6% |
| 1977 | 1.2% | +24.5% |
| 1978 | 0.9% | -23.4% |
| 1979 | 1.0% | +16.3% |
| 1980 | 1.7% | +62.9% |
| 1981 | 1.6% | -3.3% |
| 1982 | 1.4% | -13.0% |
| 1983 | 1.4% | -1.4% |
| 1984 | 1.8% | +24.1% |
| 1985 | 2.1% | +17.7% |
| 1986 | 2.3% | +9.7% |
| 1987 | 1.9% | -15.6% |
| 1988 | 1.9% | -2.9% |
| 1989 | 1.6% | -15.4% |
| 1990 | 1.1% | -30.4% |
| 1991 | 1.0% | -11.1% |
| 1992 | 1.1% | +14.8% |
| 1993 | 1.1% | -2.0% |
| 1994 | 1.1% | +1.2% |
| 1995 | 1.5% | +37.9% |
| 1996 | 1.7% | +8.5% |
| 1997 | 1.4% | -15.3% |
| 1998 | 1.4% | +2.6% |
| 1999 | 1.3% | -10.2% |
| 2000 | 1.1% | -17.3% |
| 2001 | 1.2% | +8.3% |
| 2002 | 1.3% | +9.7% |
| 2003 | 1.1% | -15.0% |
| 2004 | 1.1% | -1.9% |
| 2005 | 1.0% | -8.9% |
| 2006 | 0.8% | -12.9% |
| 2007 | 1.0% | +18.8% |
| 2008 | 0.8% | -22.2% |
| 2009 | 0.8% | +1.3% |
| 2010 | 0.7% | -14.6% |
| 2011 | 0.7% | +5.0% |
| 2012 | 0.6% | -13.3% |
| 2013 | 0.8% | +23.1% |
| 2014 | 0.9% | +20.9% |
| 2015 | 0.9% | -2.3% |
| 2016 | 0.9% | +0.2% |
| 2017 | 0.9% | +3.2% |
| 2018 | 1.0% | +5.8% |
| 2019 | 1.1% | +17.3% |
| 2020 | 1.3% | +13.6% |
| 2021 | 1.7% | +28.3% |
| 2022 | 1.3% | -24.1% |
| 2023 | 1.2% | -6.0% |
| 2024 | 1.1% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.2% | 0.9% | 1.5% | 10 |
| 1980s | 1.8% | 1.4% | 2.3% | 10 |
| 1990s | 1.3% | 1.0% | 1.7% | 10 |
| 2000s | 1.0% | 0.8% | 1.3% | 10 |
| 2010s | 0.8% | 0.6% | 1.1% | 10 |
| 2020s | 1.3% | 1.1% | 1.7% | 5 |
Countries ranked near Low income
More external debt data for Low income
- IFC, private nonguaranteed 357.31 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0006 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4782 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 6.55 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA 2.71 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 3.63 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0045 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -25.67 million NFL, current US$ (2008)
- Public and publicly guaranteed debt service 5.4% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 183.35 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Low income?
- Public and publicly guaranteed debt service in Low income was 1.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Low income?
- The highest recorded value was 2.3% in 1986.
- What is the lowest public and publicly guaranteed debt service recorded in Low income?
- The lowest recorded value was 0.6% in 2012.
- How does Low income rank for public and publicly guaranteed debt service?
- Low income ranks 26th out of 32 groups with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Low income?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is falling.
- Where does this Low 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.