Public and publicly guaranteed debt service in Upper middle income
Upper middle income: Public and publicly guaranteed debt service was 1.1% in 2024. ▼ Falling
Public and publicly guaranteed debt service in Upper middle income, 1980–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Upper middle income is 1.1%, measured in 2024.
That represents a change of down 0.3% on the previous year and up 53.0% over ten years.
Over the whole period, public and publicly guaranteed debt service in Upper middle income peaked at 4.2% in 1988 and was at its lowest, 0.7%, in 2012.
Upper middle income ranks 27th of 32 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Public and publicly guaranteed debt service in Upper middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 3.2% | — |
| 1981 | 2.9% | -11.1% |
| 1982 | 3.3% | +13.0% |
| 1983 | 3.3% | +0.8% |
| 1984 | 3.2% | -1.6% |
| 1985 | 3.3% | +2.9% |
| 1986 | 3.3% | +0.8% |
| 1987 | 3.7% | +10.0% |
| 1988 | 4.2% | +13.5% |
| 1989 | 3.5% | -16.5% |
| 1990 | 3.3% | -6.5% |
| 1991 | 3.2% | -3.3% |
| 1992 | 3.3% | +3.0% |
| 1993 | 2.8% | -14.4% |
| 1994 | 2.5% | -9.6% |
| 1995 | 2.7% | +9.1% |
| 1996 | 2.9% | +6.9% |
| 1997 | 2.9% | -2.4% |
| 1998 | 2.6% | -8.8% |
| 1999 | 3.0% | +15.4% |
| 2000 | 2.9% | -2.4% |
| 2001 | 2.7% | -6.7% |
| 2002 | 2.6% | -3.8% |
| 2003 | 2.6% | -3.1% |
| 2004 | 2.1% | -18.5% |
| 2005 | 1.7% | -17.2% |
| 2006 | 2.0% | +14.0% |
| 2007 | 1.2% | -37.7% |
| 2008 | 1.1% | -14.0% |
| 2009 | 0.9% | -11.1% |
| 2010 | 0.8% | -12.0% |
| 2011 | 0.7% | -12.5% |
| 2012 | 0.7% | -2.8% |
| 2013 | 0.7% | +0.3% |
| 2014 | 0.7% | +2.9% |
| 2015 | 1.0% | +40.6% |
| 2016 | 0.9% | -8.5% |
| 2017 | 1.0% | +6.0% |
| 2018 | 1.0% | -1.5% |
| 2019 | 1.1% | +12.0% |
| 2020 | 1.1% | -0.2% |
| 2021 | 1.0% | -8.1% |
| 2022 | 1.1% | +5.6% |
| 2023 | 1.1% | +5.3% |
| 2024 | 1.1% | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.4% | 2.9% | 4.2% | 10 |
| 1990s | 2.9% | 2.5% | 3.3% | 10 |
| 2000s | 2.0% | 0.9% | 2.9% | 10 |
| 2010s | 0.9% | 0.7% | 1.1% | 10 |
| 2020s | 1.1% | 1.0% | 1.1% | 5 |
Countries ranked near Upper middle income
More external debt data for Upper middle income
- IFC, private nonguaranteed 2.29 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$), per capita 0.7477 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 82.27 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA 4.40 billion NFL, current US$ (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, IDA (NFL, current US$), per capita 1.43 NFL, current US$ per person (2024)
- Net financial flows, IBRD 8.40 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.2% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -3.03 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Upper middle income?
- Public and publicly guaranteed debt service in Upper middle 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 Upper middle income?
- The highest recorded value was 4.2% in 1988.
- What is the lowest public and publicly guaranteed debt service recorded in Upper middle income?
- The lowest recorded value was 0.7% in 2012.
- How does Upper middle income rank for public and publicly guaranteed debt service?
- Upper middle income ranks 27th out of 32 groups with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Upper middle income?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is falling.
- Where does this Upper 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.