Use of IMF credit in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Use of IMF credit was 106.37 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Latin America & Caribbean (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, use of imf credit in Latin America & Caribbean (excluding high income) stood at 106.37 billion DOD, current US$.
That represents a change of down 3.4% on the previous year and up 514.3% over ten years.
Over the whole period, use of imf credit in Latin America & Caribbean (excluding high income) peaked at 114.50 billion DOD, current US$ in 2022 and was at its lowest, 108.51 million DOD, current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Latin America & Caribbean (excluding high income), year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 108.51 million DOD, current US$ | — |
| 1971 | 109.28 million DOD, current US$ | +0.7% |
| 1972 | 262.34 million DOD, current US$ | +140.1% |
| 1973 | 278.90 million DOD, current US$ | +6.3% |
| 1974 | 170.62 million DOD, current US$ | -38.8% |
| 1975 | 397.26 million DOD, current US$ | +132.8% |
| 1976 | 1.25 billion DOD, current US$ | +214.7% |
| 1977 | 1.31 billion DOD, current US$ | +4.4% |
| 1978 | 925.74 million DOD, current US$ | -29.1% |
| 1979 | 1.24 billion DOD, current US$ | +33.7% |
| 1980 | 1.12 billion DOD, current US$ | -9.4% |
| 1981 | 1.32 billion DOD, current US$ | +17.6% |
| 1982 | 2.65 billion DOD, current US$ | +100.9% |
| 1983 | 7.56 billion DOD, current US$ | +185.4% |
| 1984 | 10.06 billion DOD, current US$ | +33.0% |
| 1985 | 12.53 billion DOD, current US$ | +24.6% |
| 1986 | 14.04 billion DOD, current US$ | +12.0% |
| 1987 | 15.74 billion DOD, current US$ | +12.1% |
| 1988 | 14.13 billion DOD, current US$ | -10.2% |
| 1989 | 12.62 billion DOD, current US$ | -10.7% |
| 1990 | 13.30 billion DOD, current US$ | +5.4% |
| 1991 | 12.26 billion DOD, current US$ | -7.8% |
| 1992 | 10.73 billion DOD, current US$ | -12.5% |
| 1993 | 10.48 billion DOD, current US$ | -2.3% |
| 1994 | 10.36 billion DOD, current US$ | -1.2% |
| 1995 | 24.07 billion DOD, current US$ | +132.2% |
| 1996 | 21.35 billion DOD, current US$ | -11.3% |
| 1997 | 16.64 billion DOD, current US$ | -22.1% |
| 1998 | 20.25 billion DOD, current US$ | +21.7% |
| 1999 | 21.30 billion DOD, current US$ | +5.2% |
| 2000 | 10.18 billion DOD, current US$ | -52.2% |
| 2001 | 25.43 billion DOD, current US$ | +149.9% |
| 2002 | 38.33 billion DOD, current US$ | +50.8% |
| 2003 | 47.36 billion DOD, current US$ | +23.5% |
| 2004 | 42.75 billion DOD, current US$ | -9.7% |
| 2005 | 12.78 billion DOD, current US$ | -70.1% |
| 2006 | 2.85 billion DOD, current US$ | -77.7% |
| 2007 | 3.03 billion DOD, current US$ | +6.5% |
| 2008 | 3.00 billion DOD, current US$ | -1.0% |
| 2009 | 18.37 billion DOD, current US$ | +511.7% |
| 2010 | 19.09 billion DOD, current US$ | +3.9% |
| 2011 | 19.28 billion DOD, current US$ | +1.0% |
| 2012 | 19.19 billion DOD, current US$ | -0.5% |
| 2013 | 19.01 billion DOD, current US$ | -0.9% |
| 2014 | 17.32 billion DOD, current US$ | -8.9% |
| 2015 | 16.20 billion DOD, current US$ | -6.4% |
| 2016 | 16.16 billion DOD, current US$ | -0.3% |
| 2017 | 17.05 billion DOD, current US$ | +5.5% |
| 2018 | 44.68 billion DOD, current US$ | +162.0% |
| 2019 | 61.81 billion DOD, current US$ | +38.3% |
| 2020 | 77.03 billion DOD, current US$ | +24.6% |
| 2021 | 111.91 billion DOD, current US$ | +45.3% |
| 2022 | 114.50 billion DOD, current US$ | +2.3% |
| 2023 | 110.17 billion DOD, current US$ | -3.8% |
| 2024 | 106.37 billion DOD, current US$ | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 604.64 million DOD, current US$ | 108.51 million DOD, current US$ | 1.31 billion DOD, current US$ | 10 |
| 1980s | 9.18 billion DOD, current US$ | 1.12 billion DOD, current US$ | 15.74 billion DOD, current US$ | 10 |
| 1990s | 16.08 billion DOD, current US$ | 10.36 billion DOD, current US$ | 24.07 billion DOD, current US$ | 10 |
| 2000s | 20.41 billion DOD, current US$ | 2.85 billion DOD, current US$ | 47.36 billion DOD, current US$ | 10 |
| 2010s | 24.98 billion DOD, current US$ | 16.16 billion DOD, current US$ | 61.81 billion DOD, current US$ | 10 |
| 2020s | 104.00 billion DOD, current US$ | 77.03 billion DOD, current US$ | 114.50 billion DOD, current US$ | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 2 Argentina 47.18 billion DOD, current US$ compare
- 3 Russian Federation 24.01 billion DOD, current US$ compare
- 4 India 21.58 billion DOD, current US$ compare
- 5 Ukraine 18.92 billion DOD, current US$ compare
- 6 Brazil 17.57 billion DOD, current US$ compare
- 7 Egypt 15.12 billion DOD, current US$ compare
- 8 Mexico 14.86 billion DOD, current US$ compare
More external debt data for Latin America & Caribbean (excluding high income)
- IFC, private nonguaranteed 918.17 million 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$), per capita 1.47 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 79.15 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA 335.91 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5396 NFL, current US$ 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)
- Public and publicly guaranteed debt service 8.6% (2024)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is use of imf credit in Latin America & Caribbean (excluding high income)?
- Use of imf credit in Latin America & Caribbean (excluding high income) was 106.37 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 114.50 billion DOD, current US$ in 2022.
- What is the lowest use of imf credit recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 108.51 million DOD, current US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for use of imf credit?
- Latin America & Caribbean (excluding high income) ranks 5th out of 12 groups with data for 2024.
- Is use of imf credit rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 514.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.